Tidewater (TDW) Asset Writedowns and Impairment (2014 - 2022)

Tidewater (TDW) 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 (TDW) 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 TDW'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 TDW'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 3.59 Bn 3.04 Bn 160.04 Mn

Historic Data

Download Data
DateValue
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