Tidewater (TDW) Asset Writedowns and Impairment (2014 - 2022)
Tidewater (TDW) posted Asset Writedowns and Impairment of $1.2 million for 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's Asset Writedowns and Impairment history runs 9 years deep, the most recent figure standing at $1.2 million for 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 was $1.2 million for Q3 2022 at Tidewater, up from -$500000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $41.5 million in Q2 2020 and bottomed at -$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 slumped 102.41%.
- Tidewater's Asset Writedowns and Impairment stood at $36.9 million in 2018, then tumbled by 85.9% to $5.2 million in 2019, then jumped by 294.77% to $20.5 million in 2020, then slumped by 93.18% to $1.4 million in 2021, then dropped by 13.29% to $1.2 million in 2022.
- Business Quant data shows TDW's Asset Writedowns and Impairment at $1.2 million in Q3 2022, -$500000.0 in Q1 2022, and $1.4 million in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 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 | 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 |