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
DateValue
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