Sphere Entertainment (SPHR) Asset Writedowns and Impairment (2019 - 2023)

Sphere Entertainment (SPHR) has reported Asset Writedowns and Impairment for 5 consecutive years, with $116.5 million the latest figure, recorded in Q4 2023.

• For the quarter ending Q4 2023, Asset Writedowns and Impairment changed N/A year-over-year to $116.5 million; the trailing twelve-month figure through Dec 2023 stood at $110.3 million (changed N/A YoY), and the FY2022 full-year result was $1.6 million, up 474.2% from the prior year.
• Asset Writedowns and Impairment grew to $116.5 million in Q4 2023 per SPHR's latest filing, from $7.1 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $116.5 million in Q4 2023 and bottomed at -$92.0 million in Q2 2020.
• Historically, Asset Writedowns and Impairment has averaged $9.6 million across 5 years, with a median of $668000.0 in 2019.
• The sharpest annual moves came in 2020 and 2022: Asset Writedowns and Impairment tumbled 13412.3% in 2020, then jumped 2719.44% in 2022.
• Over 5 years, Asset Writedowns and Impairment stood at $3.4 million in 2019, then tumbled by 104.42% to -$150000.0 in 2020, then plunged by 4288.0% to -$6.6 million in 2021, then jumped by 207.95% to $7.1 million in 2022, then soared by 1540.27% to $116.5 million in 2023.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $116.5 million, $7.1 million, and -$6.7 million for Q4 2023, Q2 2022, and Q1 2022 respectively.