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
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