Summit Therapeutics (SMMT) Asset Writedowns and Impairment (2020 - 2023)

Summit Therapeutics (SMMT) reported Asset Writedowns and Impairment of $474000.0 for Q1 2023, down 94.4% quarter-over-quarter from $8.5 million in Q4 2022.

Summit Therapeutics (SMMT) Asset Writedowns and Impairment (2020 - 2023) Analysis & Trends

Summit Therapeutics has reported Asset Writedowns and Impairment for 3 years, with the latest figure at $474000.0 in Q1 2023.

  • For the quarter ending Q1 2023, Asset Writedowns and Impairment changed N/A year-over-year to $474000.0; the trailing twelve-month figure through Dec 2023 stood at $474000.0 (down 94.4% YoY), and the FY2023 full-year result was $474000.0, down 94.4% from the prior year.
  • Asset Writedowns and Impairment for Q1 2023 stood at $474000.0, down from $8.5 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $8.5 million in Q4 2022, with the low at $474000.0 in Q1 2023.
  • Historically, Asset Writedowns and Impairment has averaged $3.3 million across 3 years, with a median of $859000.0 in 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn -
2 Belite Bio 55,096.00 Bn 55,096.00 Bn -
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn -
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn -
6 Evaxion A 1,551.28 Bn 1,551.26 Bn -
7 Psyence Biomedical 227.32 Bn 227.31 Bn -
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn
9 Abivax 91.71 Bn 91.71 Bn -
10 Summit Therapeutics 10.09 Bn 9.99 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2023 474,000.00
Mar 31, 2023 474,000.00
Dec 31, 2022 8.47 Mn
Dec 31, 2022 8.47 Mn
Sep 30, 2020 859,000.00
Sep 30, 2020 859,000.00