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
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 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