Teva Pharmaceutical Industries (TEVA) Asset Writedowns and Impairment (2009 - 2024)
Teva Pharmaceutical Industries' (TEVA) quarterly Asset Writedowns and Impairment came in at $679.0 million in Q1 2024, up 259.26% YoY from $189.0 million in Q2 2023, and up 898.53% on a QoQ basis from $68.0 million in Q4 2023.
Teva Pharmaceutical Industries (TEVA) Asset Writedowns and Impairment (2009 - 2024) Analysis & Trends
Teva Pharmaceutical Industries (TEVA) has 16 years of Asset Writedowns and Impairment data on file, last reported at $679.0 million in 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 improved to $679.0 million in Q1 2024, from $68.0 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $5.2 billion in Q3 2020 to a low of $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 decreased by 21.12% to $183.0 million in 2021, then surged by 689.62% to $1.4 billion in 2022, then sank by 95.29% to $68.0 million in 2023, then soared by 898.53% to $679.0 million in 2024.
- The last three Asset Writedowns and Impairment figures came in at $679.0 million (Q1 2024), $68.0 million (Q4 2023), and $48.0 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Haleon | 44.05 Bn | 43.08 Bn | - |
| 2 | Teva Pharmaceutical Industries | 43.39 Bn | 39.74 Bn | 2.15 Bn |
| 3 | Zoetis | 31.86 Bn | 30.18 Bn | 1.05 Bn |
| 4 | Takeda Pharmaceutical | 28.78 Bn | 22.99 Bn | 5.10 Bn |
| 5 | United Therapeutics | 22.25 Bn | 19.59 Bn | 683.80 Mn |
| 6 | Viatris | 18.74 Bn | 17.85 Bn | 1.46 Bn |
| 7 | Neurocrine Biosciences | 15.58 Bn | 15.19 Bn | 935.80 Mn |
| 8 | Elanco Animal Health | 11.92 Bn | 11.39 Bn | 798.00 Mn |
| 9 | Dr Reddys Laboratories | 10.16 Bn | 9.99 Bn | - |
| 10 | Alkermes | 8.17 Bn | 7.51 Bn | 397.90 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 |