Teva Pharmaceutical Industries (TEVA) Asset Writedowns and Impairment (2009 - 2024)
Teva Pharmaceutical Industries (TEVA) posted quarterly Asset Writedowns and Impairment of $679.0 million for Q1 2024, up 259.26% year-on-year 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 reported Asset Writedowns and Impairment for 16 consecutive years, with $679.0 million the latest figure, recorded 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 advanced to $679.0 million in Q1 2024 per TEVA's latest filing, from $68.0 million in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for TEVA reached as high as $5.2 billion in Q3 2020 and fell as low as $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 jumped 2433.66% — and 2021, when it sank 99.1%.
- Year by year, Asset Writedowns and Impairment stood at $232.0 million in 2020, then declined by 21.12% to $183.0 million in 2021, then surged by 689.62% to $1.4 billion in 2022, then slumped by 95.29% to $68.0 million in 2023, then soared by 898.53% to $679.0 million in 2024.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $679.0 million, $68.0 million, and $48.0 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn |
| 10 | Vireo Growth | 10.57 Bn | 10.41 Bn | 59.30 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 |