Teva Pharmaceutical Industries (TEVA) Asset Writedowns and Impairment (2017 - 2024)
Teva Pharmaceutical Industries (TEVA) recorded quarterly Asset Writedowns and Impairment of $679.0 million in Q1 2024, up 898.53% on a QoQ basis from $68.0 million in Q4 2023, and up 259.26% year-over-year from $189.0 million in Q2 2023.
Teva Pharmaceutical Industries (TEVA) Asset Writedowns and Impairment (2017 - 2024) Analysis & Trends
Teva Pharmaceutical Industries has disclosed Asset Writedowns and Impairment across 8 years of filings, most recently posting $679.0 million for Q1 2024.
- Quarterly Asset Writedowns and Impairment rose 259.26% year-over-year to $679.0 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $1.6 billion (down 36.53% YoY) and the FY2023 annual result came in at $1.1 billion, down 55.95% from the prior year.
- Asset Writedowns and Impairment advanced to $679.0 million in Q1 2024, from $68.0 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $5.2 billion in Q3 2020 and troughed at $28.0 million in Q3 2022.
- A 5-year average of $666.8 million and a median of $227.0 million in 2021 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment soared 2433.66% — and 2021, when it slumped 99.1%.
- Tracing TEVA's Asset Writedowns and Impairment over 5 years: stood at $232.0 million in 2020, then dropped by 21.12% to $183.0 million in 2021, then jumped by 689.62% to $1.4 billion in 2022, then tumbled by 95.29% to $68.0 million in 2023, then surged by 898.53% to $679.0 million in 2024.
- Business Quant data shows TEVA's Asset Writedowns and Impairment at $679.0 million in Q1 2024, $68.0 million in Q4 2023, and $48.0 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn |
| 10 | Liquidia | 5.64 Bn | 5.42 Bn | 121.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 679.00 Mn |
| Mar 31, 2024 | 679.00 Mn |
| Dec 31, 2023 | 68.00 Mn |
| Dec 31, 2023 | 68.00 Mn |
| Sep 30, 2023 | 48.00 Mn |
| Sep 30, 2023 | 48.00 Mn |
| Jun 30, 2023 | 774.00 Mn |
| Jun 30, 2023 | 774.00 Mn |
| Mar 31, 2023 | 189.00 Mn |
| Mar 31, 2023 | 189.00 Mn |
| Dec 31, 2022 | 1.45 Bn |
| Dec 31, 2022 | 1.45 Bn |
| Sep 30, 2022 | 28.00 Mn |
| Sep 30, 2022 | 28.00 Mn |
| Jun 30, 2022 | 810.00 Mn |
| Jun 30, 2022 | 810.00 Mn |
| Mar 31, 2022 | 165.00 Mn |
| Mar 31, 2022 | 165.00 Mn |
| Dec 31, 2021 | 183.00 Mn |
| Dec 31, 2021 | 183.00 Mn |