Teck Resources (TECK) Asset Writedowns and Impairment (2009 - 2024)
Teck Resources (TECK) posted Asset Writedowns and Impairment of -$4.3 million for Q4 2024, down 100.53% sequentially from $806.4 million in Q3 2024, and up 74.58% YoY from -$2.5 million in Q1 2024.
Teck Resources (TECK) Asset Writedowns and Impairment (2009 - 2024) Analysis & Trends
Teck Resources has reported Asset Writedowns and Impairment for 9 years, with the latest figure at -$4.3 million in Q4 2024.
- Quarterly Asset Writedowns and Impairment rose 74.58% year-over-year to -$4.3 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $754.7 million (up 811.11% YoY) and the FY2024 annual result came in at $753.8 million, changed N/A from the prior year.
- Asset Writedowns and Impairment retreated to -$4.3 million in Q4 2024 per TECK's latest filing, from $806.4 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $946.2 million in Q3 2022 and troughed at -$909.1 million in Q4 2022.
- A 5-year average of $150.0 million and a median of $25.1 million in 2022 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2022 and 2024: Asset Writedowns and Impairment sank 432.98% in 2022, then surged 1186.92% in 2024.
- Over 5 years, Asset Writedowns and Impairment stood at $457.9 million in 2020, then slumped by 137.25% to -$170.6 million in 2021, then tumbled by 432.98% to -$909.1 million in 2022, then surged by 98.14% to -$16.9 million in 2023, then surged by 74.58% to -$4.3 million in 2024.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$4.3 million, $806.4 million, and -$30.4 million for Q4 2024, Q3 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bhp | 246.38 Bn | 216.93 Bn | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - |
| 3 | Teck Resources | 33.91 Bn | 28.71 Bn | 1.21 Bn |
| 4 | MP Materials | 10.71 Bn | 8.24 Bn | 36.20 Mn |
| 5 | Almonty Industries | 5.27 Bn | 4.38 Bn | 18.87 Mn |
| 6 | Materion | 4.79 Bn | 4.77 Bn | 104.34 Mn |
| 7 | USA Rare Earth | 4.43 Bn | 4.43 Bn | -1.58 Mn |
| 8 | Skeena Resources | 4.31 Bn | 3.89 Bn | - |
| 9 | Evolution Metals & Technologies | 2.46 Bn | 2.46 Bn | -115,000.00 |
| 10 | TMC the metals | 2.15 Bn | 2.05 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -4.30 Mn |
| Dec 31, 2024 | -4.30 Mn |
| Sep 30, 2024 | 806.36 Mn |
| Sep 30, 2024 | 806.36 Mn |
| Mar 31, 2024 | -30.43 Mn |
| Mar 31, 2024 | -30.43 Mn |
| Dec 31, 2023 | -16.89 Mn |
| Dec 31, 2023 | -16.89 Mn |
| Sep 30, 2023 | 62.66 Mn |
| Sep 30, 2023 | 62.66 Mn |
| Dec 31, 2022 | -909.09 Mn |
| Dec 31, 2022 | -909.09 Mn |
| Sep 30, 2022 | 946.16 Mn |
| Sep 30, 2022 | 946.16 Mn |
| Jun 30, 2022 | 25.10 Mn |
| Jun 30, 2022 | 25.10 Mn |
| Dec 31, 2021 | -170.57 Mn |
| Dec 31, 2021 | -170.57 Mn |
| Dec 31, 2020 | 457.93 Mn |
| Dec 31, 2020 | 457.93 Mn |