Scorpio Tankers (STNG) Asset Writedowns and Impairment (2012 - 2022)

Scorpio Tankers (STNG) reported Asset Writedowns and Impairment of $12.7 million for Q4 2022, down 10.55% quarter-over-quarter from $14.2 million in Q4 2020.

Scorpio Tankers (STNG) Asset Writedowns and Impairment (2012 - 2022) Analysis & Trends

Scorpio Tankers (STNG) has 7 years of Asset Writedowns and Impairment data on file, last reported at $12.7 million in Q4 2022.

  • Asset Writedowns and Impairment for Q4 2022 came in at $12.7 million, changed N/A year-over-year; the trailing twelve-month figure through Dec 2022 was $28.1 million (changed N/A YoY), and the FY2022 annual result was -$12.7 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment declined to $12.7 million in Q4 2022 per STNG's latest filing, from $14.2 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $14.2 million in Q4 2020 and troughed at $266000.0 in Q4 2018.
  • A 4-year average of $4.9 million and a median of $755000.0 in 2019 frame the typical range for Asset Writedowns and Impairment.
  • The sharpest annual moves came in 2019 and 2020: Asset Writedowns and Impairment tumbled 92.62% in 2019, then jumped 1781.72% in 2020.
  • A 4-year view of Asset Writedowns and Impairment shows it stood at $266000.0 in 2018, then surged by 183.83% to $755000.0 in 2019, then jumped by 1781.72% to $14.2 million in 2020, then fell by 10.55% to $12.7 million in 2022.
  • Business Quant data shows STNG's Asset Writedowns and Impairment at $12.7 million in Q4 2022, $14.2 million in Q4 2020, and $755000.0 in Q4 2019.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn

Historic Data

Download Data
DateValue
Dec 31, 2022 12.71 Mn
Dec 31, 2022 12.71 Mn
Dec 31, 2020 14.21 Mn
Dec 31, 2020 14.21 Mn
Dec 31, 2019 755,000.00
Dec 31, 2019 755,000.00
Sep 30, 2019 436,000.00
Sep 30, 2019 436,000.00
Mar 31, 2019 275,000.00
Mar 31, 2019 275,000.00
Dec 31, 2018 266,000.00
Dec 31, 2018 266,000.00
Sep 30, 2018 5.91 Mn
Sep 30, 2018 5.91 Mn
Dec 31, 2017 970,000.00
Dec 31, 2017 970,000.00
Sep 30, 2017 630,000.00
Sep 30, 2017 630,000.00
Jun 30, 2017 801,000.00
Jun 30, 2017 801,000.00