Tidewater (TDW) Asset Writedowns and Impairment (2014 - 2022)
Tidewater's (TDW) quarterly Asset Writedowns and Impairment came in at $1.2 million in Q3 2022, up 342.8% on a QoQ basis from -$500000.0 in Q1 2022.
Tidewater (TDW) Asset Writedowns and Impairment (2014 - 2022) Analysis & Trends
Tidewater (TDW) has 9 years of Asset Writedowns and Impairment data on file, last reported at $1.2 million in Q3 2022.
- Quarterly Asset Writedowns and Impairment changed N/A year-over-year to $1.2 million in Q3 2022, while the trailing twelve-month figure through Jun 2023 was $1.2 million (up 34.89% YoY) and the FY2022 annual result came in at $714000.0, up 78.5% from the prior year.
- Asset Writedowns and Impairment grew to $1.2 million in Q3 2022, from -$500000.0 in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $41.5 million in Q2 2020 to a low of -$1.0 million in Q2 2021.
- A 5-year average of $10.1 million and a median of $5.2 million in 2019 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment surged 8300.81% — and 2021, when it tumbled 102.41%.
- Tracing TDW's Asset Writedowns and Impairment over 5 years: stood at $36.9 million in 2018, then sank by 85.9% to $5.2 million in 2019, then surged by 294.77% to $20.5 million in 2020, then plunged by 93.18% to $1.4 million in 2021, then decreased by 13.29% to $1.2 million in 2022.
- The last three Asset Writedowns and Impairment figures came in at $1.2 million (Q3 2022), -$500000.0 (Q1 2022), and $1.4 million (Q4 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn |
| 10 | Tidewater | 4.78 Bn | 4.16 Bn | 161.54 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 | 1.40 Mn |
| Dec 31, 2021 | 1.40 Mn |
| Jun 30, 2021 | -1.00 Mn |
| Jun 30, 2021 | -1.00 Mn |
| Dec 31, 2020 | 20.53 Mn |
| Dec 31, 2020 | 20.53 Mn |
| Sep 30, 2020 | 1.95 Mn |
| Sep 30, 2020 | 1.95 Mn |
| Jun 30, 2020 | 41.50 Mn |
| Jun 30, 2020 | 41.50 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 |
| Sep 30, 2019 | 5.22 Mn |
| Sep 30, 2019 | 5.22 Mn |