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| Date | Value |
|---|---|
| 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 |