Target Hospitality (TH) Asset Writedowns and Impairment (2018 - 2021)
Target Hospitality (TH) posted quarterly Asset Writedowns and Impairment of $483000.0 for Q4 2021, down 71.95% year-over-year from $1.7 million in Q4 2020, and down 34.38% quarter-over-quarter from $736000.0 in Q3 2021.
Target Hospitality (TH) Asset Writedowns and Impairment (2018 - 2021) Analysis & Trends
Target Hospitality (TH) has reported Asset Writedowns and Impairment for 4 consecutive years, with $483000.0 the latest figure, recorded in Q4 2021.
- In Q4 2021, Asset Writedowns and Impairment fell 71.95% year-over-year to $483000.0; the TTM figure through Dec 2021 stood at $1.9 million (down 61.07% YoY), while the FY2025 annual figure was $977000.0, up 190.77% from the prior year.
- Asset Writedowns and Impairment slipped to $483000.0 in Q4 2021 per TH's latest filing, from $736000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $15.2 million in Q4 2018 and bottomed at -$27000.0 in Q2 2018.
- Historically, Asset Writedowns and Impairment has averaged $1.6 million across 4 years, with a median of $506500.0 in 2020.
- On a YoY basis, Asset Writedowns and Impairment climbed as much as 787.5% in 2019 and fell as far as 95.58% in 2019.
- Target Hospitality's Asset Writedowns and Impairment stood at $15.2 million in 2018, then slumped by 95.58% to $674000.0 in 2019, then surged by 155.49% to $1.7 million in 2020, then slumped by 71.95% to $483000.0 in 2021.
- Business Quant data shows TH's Asset Writedowns and Impairment at $483000.0 in Q4 2021, $736000.0 in Q3 2021, and $438000.0 in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 81.84 Bn | 81.56 Bn | 1.48 Bn |
| 2 | Relx | 65.92 Bn | 65.74 Bn | - |
| 3 | Copart | 31.68 Bn | 28.33 Bn | 732.88 Mn |
| 4 | Global Payments | 25.34 Bn | 19.93 Bn | 2.03 Bn |
| 5 | Rb Global | 16.15 Bn | 15.62 Bn | 935.50 Mn |
| 6 | Aramark | 15.72 Bn | 15.22 Bn | 430.34 Mn |
| 7 | UL Solutions | 15.16 Bn | 14.72 Bn | 417.00 Mn |
| 8 | Rentokil Initial | 11.92 Bn | 9.40 Bn | - |
| 9 | Dolby Laboratories | 6.14 Bn | 5.47 Bn | 264.68 Mn |
| 10 | Target Hospitality | 1.79 Bn | 1.78 Bn | 15.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 483,000.00 |
| Dec 31, 2021 | 483,000.00 |
| Sep 30, 2021 | 736,000.00 |
| Sep 30, 2021 | 736,000.00 |
| Jun 30, 2021 | 438,000.00 |
| Jun 30, 2021 | 438,000.00 |
| Mar 31, 2021 | 220,000.00 |
| Mar 31, 2021 | 220,000.00 |
| Dec 31, 2020 | 1.72 Mn |
| Dec 31, 2020 | 1.72 Mn |
| Sep 30, 2020 | 1.05 Mn |
| Sep 30, 2020 | 1.05 Mn |
| Jun 30, 2020 | 1.52 Mn |
| Jun 30, 2020 | 1.52 Mn |
| Mar 31, 2020 | 530,000.00 |
| Mar 31, 2020 | 530,000.00 |
| Dec 31, 2019 | 674,000.00 |
| Dec 31, 2019 | 674,000.00 |
| Sep 30, 2019 | 213,000.00 |
| Sep 30, 2019 | 213,000.00 |