Solai (SLAIY) Asset Writedowns and Impairment (2012 - 2023)
Solai (SLAIY) posted quarterly Asset Writedowns and Impairment of -$1.4 million for Q4 2023, down 106.22% year-over-year from $22.6 million in Q4 2022, and down 106.22% quarter-over-quarter from $22.6 million in Q4 2022.
Solai (SLAIY) Asset Writedowns and Impairment (2012 - 2023) Analysis & Trends
Solai (SLAIY) has reported Asset Writedowns and Impairment for 8 consecutive years, with -$1.4 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Asset Writedowns and Impairment fell 106.22% year-over-year to -$1.4 million; the TTM figure through Dec 2023 stood at $27.2 million (up 29.86% YoY), while the FY2025 annual figure was $8.8 million, changed N/A from the prior year.
- Asset Writedowns and Impairment eased to -$1.4 million in Q4 2023 per SLAIY's latest filing, from $22.6 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $22.6 million in Q4 2022 and bottomed at -$13.6 million in Q3 2021.
- Historically, Asset Writedowns and Impairment has averaged -$1.7 million across 5 years, with a median of -$2.8 million in 2019.
- Annual changes were most pronounced in 2021 — Asset Writedowns and Impairment slumped 36727.03% — and 2022, when it jumped 342.36%.
- Solai's Asset Writedowns and Impairment stood at -$3.2 million in 2019, then soared by 102.21% to $70000.0 in 2020, then plunged by 13445.71% to -$9.3 million in 2021, then surged by 342.36% to $22.6 million in 2022, then sank by 106.22% to -$1.4 million in 2023.
- Business Quant data shows SLAIY's Asset Writedowns and Impairment at -$1.4 million in Q4 2023, $22.6 million in Q4 2022, and -$2.5 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn |
| 10 | Solai | 11.24 Mn | 3.46 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 |