Snap-on (SNA) Asset Writedowns and Impairment (2010 - 2019)
Snap-on (SNA) posted quarterly Asset Writedowns and Impairment of $3.9 million for Q4 2019, up 14.71% year-on-year from $3.4 million in Q4 2018, and down 31.58% on a QoQ basis from $5.7 million in Q3 2019.
Snap-on (SNA) Asset Writedowns and Impairment (2010 - 2019) Analysis & Trends
Snap-on (SNA) has reported Asset Writedowns and Impairment for 10 consecutive years, with $3.9 million the latest figure, recorded in Q4 2019.
- Quarterly Asset Writedowns and Impairment rose 14.71% year-over-year to $3.9 million in Q4 2019, while the trailing twelve-month figure through Dec 2019 was $18.3 million (up 42.97% YoY) and the FY2019 annual result came in at $18.3 million, up 42.97% from the prior year.
- Asset Writedowns and Impairment declined to $3.9 million in Q4 2019 per SNA's latest filing, from $5.7 million in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for SNA reached as high as $5.7 million in Q3 2019 and fell as low as $1.4 million in Q4 2016.
- A 5-year average of $3.2 million and a median of $3.2 million in 2016 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2016 — Asset Writedowns and Impairment plunged 51.72% — and 2019, when it jumped 150.0%.
- Year by year, Asset Writedowns and Impairment stood at $4.9 million in 2015, then slumped by 71.43% to $1.4 million in 2016, then jumped by 85.71% to $2.6 million in 2017, then soared by 30.77% to $3.4 million in 2018, then rose by 14.71% to $3.9 million in 2019.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $3.9 million, $5.7 million, and $3.7 million for Q4 2019, Q3 2019, and Q2 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Snap-on | 21.09 Bn | 19.44 Bn | 635.20 Mn |
| 2 | RBC Bearings | 18.30 Bn | 18.25 Bn | 230.00 Mn |
| 3 | Stanley Black & Decker | 14.17 Bn | 13.84 Bn | 1.16 Bn |
| 4 | Lincoln Electric Holdings | 13.95 Bn | 13.65 Bn | 399.13 Mn |
| 5 | Timken | 9.73 Bn | 9.73 Bn | 394.00 Mn |
| 6 | Toro | 9.28 Bn | 9.09 Bn | 336.50 Mn |
| 7 | Kennametal | 2.69 Bn | 2.58 Bn | 207.98 Mn |
| 8 | Hillman Solutions | 1.60 Bn | 1.57 Bn | 168.58 Mn |
| 9 | Eastern | 150.00 Mn | 141.83 Mn | 11.93 Mn |
| 10 | Chicago Rivet & Machine | 9.88 Mn | 8.43 Mn | 958,459.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 28, 2019 | 3.90 Mn |
| Dec 28, 2019 | 3.90 Mn |
| Sep 28, 2019 | 5.70 Mn |
| Sep 28, 2019 | 5.70 Mn |
| Jun 29, 2019 | 3.70 Mn |
| Jun 29, 2019 | 3.70 Mn |
| Mar 30, 2019 | 5.00 Mn |
| Mar 30, 2019 | 5.00 Mn |
| Dec 29, 2018 | 3.40 Mn |
| Dec 29, 2018 | 3.40 Mn |
| Sep 29, 2018 | 3.90 Mn |
| Sep 29, 2018 | 3.90 Mn |
| Jun 30, 2018 | 3.50 Mn |
| Jun 30, 2018 | 3.50 Mn |
| Mar 31, 2018 | 2.00 Mn |
| Mar 31, 2018 | 2.00 Mn |
| Dec 30, 2017 | 2.60 Mn |
| Dec 30, 2017 | 2.60 Mn |
| Sep 30, 2017 | 3.30 Mn |
| Sep 30, 2017 | 3.30 Mn |