Tidewater (TDGMW) Asset Writedowns and Impairment (2014 - 2022)
Tidewater (TDGMW) recorded quarterly Asset Writedowns and Impairment of $1.2 million in Q3 2022, up 342.8% on a QoQ basis from -$500000.0 in Q1 2022, and down 43.98% year-over-year from $2.2 million in Q3 2021.
Tidewater (TDGMW) Asset Writedowns and Impairment (2014 - 2022) Analysis & Trends
Tidewater has disclosed Asset Writedowns and Impairment across 9 years of filings, most recently posting $1.2 million for Q3 2022.
- Quarterly Asset Writedowns and Impairment fell 43.98% year-over-year to $1.2 million in Q3 2022, while the trailing twelve-month figure through Jun 2023 was $1.2 million (down 91.98% YoY) and the FY2022 annual result came in at $714000.0, down 95.44% from the prior year.
- Asset Writedowns and Impairment improved to $1.2 million in Q3 2022, from -$500000.0 in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $36.9 million in Q4 2018 and troughed at -$1.0 million in Q2 2021.
- A 5-year average of $7.7 million and a median of $3.7 million in 2019 frame the typical range for Asset Writedowns and Impairment.
- Biggest YoY gain for Asset Writedowns and Impairment was 2349.39% in 2020; the steepest drop was 111.54% in 2020.
- Tracing TDGMW's Asset Writedowns and Impairment over 5 years: stood at $36.9 million in 2018, then tumbled by 85.9% to $5.2 million in 2019, then sank by 111.54% to -$600000.0 in 2020, then soared by 2346.0% to $13.5 million in 2021, then sank by 90.99% to $1.2 million in 2022.
- Business Quant data shows TDGMW's Asset Writedowns and Impairment at $1.2 million in Q3 2022, -$500000.0 in Q1 2022, and $13.5 million in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn |
| 10 | Tidewater | - | - | 160.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 1.21 Mn |
| Sep 30, 2022 | 1.21 Mn |
| Mar 31, 2022 | -500,000.00 |
| Mar 31, 2022 | -500,000.00 |
| Dec 31, 2021 | 13.48 Mn |
| Dec 31, 2021 | 13.48 Mn |
| Sep 30, 2021 | 2.17 Mn |
| Sep 30, 2021 | 2.17 Mn |
| Jun 30, 2021 | -1.00 Mn |
| Jun 30, 2021 | -1.00 Mn |
| Dec 31, 2020 | -600,000.00 |
| Dec 31, 2020 | -600,000.00 |
| Jun 30, 2020 | 12.10 Mn |
| Jun 30, 2020 | 12.10 Mn |
| Mar 31, 2020 | 10.21 Mn |
| Mar 31, 2020 | 10.21 Mn |
| Dec 31, 2019 | 5.20 Mn |
| Dec 31, 2019 | 5.20 Mn |
| Jun 30, 2019 | 494,000.00 |
| Jun 30, 2019 | 494,000.00 |