Sphere Entertainment (SPHR) Asset Writedowns and Impairment (2019 - 2023)
Sphere Entertainment's (SPHR) quarterly Asset Writedowns and Impairment came in at $116.5 million in Q4 2023, up 1540.27% on a QoQ basis from $7.1 million in Q2 2022.
Sphere Entertainment (SPHR) Asset Writedowns and Impairment (2019 - 2023) Analysis & Trends
Sphere Entertainment (SPHR) has 5 years of Asset Writedowns and Impairment data on file, last reported at $116.5 million in Q4 2023.
- Quarterly Asset Writedowns and Impairment changed N/A year-over-year to $116.5 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $110.3 million (changed N/A YoY) and the FY2022 annual result came in at $1.6 million, up 474.2% from the prior year.
- Asset Writedowns and Impairment climbed to $116.5 million in Q4 2023, from $7.1 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $116.5 million in Q4 2023 to a low of -$92.0 million in Q2 2020.
- A 5-year average of $9.6 million and a median of $668000.0 in 2019 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment slumped 13412.3% — and 2022, when it soared 2719.44%.
- Tracing SPHR's Asset Writedowns and Impairment over 5 years: stood at $3.4 million in 2019, then sank by 104.42% to -$150000.0 in 2020, then slumped by 4288.0% to -$6.6 million in 2021, then surged by 207.95% to $7.1 million in 2022, then jumped by 1540.27% to $116.5 million in 2023.
- The last three Asset Writedowns and Impairment figures came in at $116.5 million (Q4 2023), $7.1 million (Q2 2022), and -$6.7 million (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn |
| 10 | Sphere Entertainment | 5.92 Bn | 5.37 Bn | 162.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 116.54 Mn |
| Dec 31, 2023 | 116.54 Mn |
| Jun 30, 2022 | 455,000.00 |
| Jun 30, 2022 | 455,000.00 |
| Mar 31, 2022 | -66,000.00 |
| Mar 31, 2022 | -66,000.00 |
| Dec 31, 2021 | 799,000.00 |
| Dec 31, 2021 | 799,000.00 |
| Sep 30, 2021 | 437,000.00 |
| Sep 30, 2021 | 437,000.00 |
| Jun 30, 2021 | 283,000.00 |
| Jun 30, 2021 | 283,000.00 |
| Mar 31, 2021 | -495,000.00 |
| Mar 31, 2021 | -495,000.00 |
| Dec 31, 2020 | -150,000.00 |
| Dec 31, 2020 | -150,000.00 |
| Sep 30, 2020 | 645,000.00 |
| Sep 30, 2020 | 645,000.00 |
| Jun 30, 2020 | -96.44 Mn |
| Jun 30, 2020 | -96.44 Mn |