Trulieve Cannabis (TCNNF) Asset Writedowns and Impairment (2021 - 2024)

Trulieve Cannabis (TCNNF) recorded quarterly Asset Writedowns and Impairment of $477000.0 in Q3 2024, down 91.77% quarter-over-quarter from $5.8 million in Q2 2024, and up 139.45% on a YoY basis from $199203.1 in Q4 2023.

Trulieve Cannabis (TCNNF) Asset Writedowns and Impairment (2021 - 2024) Analysis & Trends

Trulieve Cannabis' Asset Writedowns and Impairment history runs 4 years deep, the most recent figure standing at $477000.0 for Q3 2024.

  • In Q3 2024, Asset Writedowns and Impairment rose 139.45% year-over-year to $477000.0; the TTM figure through Sep 2024 stood at $2.2 million (up 105.53% YoY), while the FY2023 annual figure was $2.8 million, down 23.97% from the prior year.
  • Asset Writedowns and Impairment was $477000.0 for Q3 2024 at Trulieve Cannabis, down from $5.8 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $54.6 million in Q3 2022 to a low of -$72.5 million in Q4 2022.
  • Historically, Asset Writedowns and Impairment has averaged $1.7 million across 4 years, with a median of $42000.0 in 2022.
  • Biggest YoY gain for Asset Writedowns and Impairment was 1092880.0% in 2022; the steepest drop was 1450860.0% in 2022.
  • A 4-year view of Asset Writedowns and Impairment shows it stood at $5000.0 in 2021, then tumbled by 1450860.0% to -$72.5 million in 2022, then jumped by 96.24% to -$2.7 million in 2023, then soared by 117.47% to $477000.0 in 2024.
  • The last three Asset Writedowns and Impairment figures came in at $477000.0 (Q3 2024), $5.8 million (Q2 2024), and -$1.4 million (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Teva Pharmaceutical Industries 38.77 Bn 35.04 Bn 1.97 Bn
2 Zoetis 34.11 Bn 32.16 Bn 1.62 Bn
3 United Therapeutics 23.68 Bn 21.53 Bn 648.10 Mn
4 Aurora Cannabis 16.48 Bn 16.40 Bn 33.43 Mn
5 Neurocrine Biosciences 16.19 Bn 14.88 Bn 800.70 Mn
6 Elanco Animal Health 11.44 Bn 11.01 Bn 785.00 Mn
7 Alkermes 7.28 Bn 6.77 Bn -116.06 Mn
8 Lantheus Holdings 6.48 Bn 5.98 Bn 230.92 Mn
9 Hims & Hers Health 6.35 Bn 5.60 Bn 396.79 Mn
10 Trulieve Cannabis - - 170.08 Mn

Historic Data

Download Data
DateValue
Sep 30, 2024 477,000.00
Sep 30, 2024 477,000.00
Jun 30, 2024 5.79 Mn
Jun 30, 2024 5.79 Mn
Mar 31, 2024 -1.36 Mn
Mar 31, 2024 -1.36 Mn
Dec 31, 2023 -2.73 Mn
Dec 31, 2023 -2.73 Mn
Sep 30, 2023 -1.21 Mn
Sep 30, 2023 -1.21 Mn
Jun 30, 2023 3.31 Mn
Jun 30, 2023 3.31 Mn
Mar 31, 2023 31.02 Mn
Mar 31, 2023 31.02 Mn
Dec 31, 2022 -72.54 Mn
Dec 31, 2022 -72.54 Mn
Sep 30, 2022 54.64 Mn
Sep 30, 2022 54.64 Mn
Jun 30, 2022 5.06 Mn
Jun 30, 2022 5.06 Mn