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| Date | Value |
|---|---|
| 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 |