Solai (SLAI) Asset Writedowns and Impairment (2014 - 2023)

Solai (SLAI) posted quarterly Asset Writedowns and Impairment of -$1.4 million for Q4 2023, down 106.22% year-on-year from $22.6 million in Q4 2022, and down 106.22% on a QoQ basis from $22.6 million in Q4 2022.

Solai (SLAI) Asset Writedowns and Impairment (2014 - 2023) Analysis & Trends

Solai (SLAI) has reported Asset Writedowns and Impairment for 8 consecutive years, with -$1.4 million the latest figure, recorded in Q4 2023.

  • Quarterly Asset Writedowns and Impairment fell 106.22% year-over-year to -$1.4 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $27.2 million (up 29.86% YoY) and the FY2025 annual result came in at $8.8 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment retreated to -$1.4 million in Q4 2023 per SLAI's latest filing, from $22.6 million in the prior quarter.
  • Over the last five years, Asset Writedowns and Impairment for SLAI reached as high as $22.6 million in Q4 2022 and fell as low as -$13.6 million in Q3 2021.
  • A 5-year average of -$1.7 million and a median of -$2.8 million in 2019 frame the typical range for Asset Writedowns and Impairment.
  • Annual changes were most pronounced in 2021 — Asset Writedowns and Impairment slumped 36727.03% — and 2022, when it soared 342.36%.
  • Year by year, Asset Writedowns and Impairment stood at -$3.2 million in 2019, then soared by 102.21% to $70000.0 in 2020, then sank by 13445.71% to -$9.3 million in 2021, then surged by 342.36% to $22.6 million in 2022, then slumped by 106.22% to -$1.4 million in 2023.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$1.4 million, $22.6 million, and -$2.5 million for Q4 2023, Q4 2022, and Q3 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 International Business Machines 203.45 Bn 192.09 Bn 9.91 Bn
2 Accenture 94.76 Bn 84.59 Bn 6.13 Bn
3 Cgi 61.46 Bn 60.81 Bn -
4 GDS Holdings 48.81 Bn 46.67 Bn 164.04 Mn
5 Infosys 47.98 Bn 47.98 Bn 1.60 Bn
6 Cognizant Technology Solutions 22.55 Bn 21.03 Bn 1.78 Bn
7 Fidelity National Information Services 22.25 Bn 21.49 Bn 1.11 Bn
8 Wipro 20.03 Bn 15.85 Bn 738.00 Mn
9 Cdw 17.85 Bn 17.27 Bn 1.19 Bn
10 Solai 9.18 Mn 7.85 Mn -2.96 Mn

Historic Data

Download Data
DateValue
Dec 31, 2023 -1.41 Mn
Dec 31, 2023 -1.41 Mn
Dec 31, 2022 22.64 Mn
Dec 31, 2022 22.64 Mn
Sep 30, 2022 -2.49 Mn
Sep 30, 2022 -2.49 Mn
Jun 30, 2022 8.51 Mn
Jun 30, 2022 8.51 Mn
Mar 31, 2022 -7.67 Mn
Mar 31, 2022 -7.67 Mn
Dec 31, 2021 -9.34 Mn
Dec 31, 2021 -9.34 Mn
Sep 30, 2021 -13.55 Mn
Sep 30, 2021 -13.55 Mn
Jun 30, 2021 -8.86 Mn
Jun 30, 2021 -8.86 Mn
Dec 31, 2020 70,000.00
Dec 31, 2020 70,000.00
Sep 30, 2020 37,000.00
Sep 30, 2020 37,000.00