Tim (TIMB) Asset Writedowns and Impairment (2020 - 2023)
Tim (TIMB) posted quarterly Asset Writedowns and Impairment of -$61.7 million for Q2 2023, down 1.77% year-over-year from -$62.9 million in Q2 2022, and down 100.65% on a QoQ basis from -$30.8 million in Q1 2023.
Tim (TIMB) Asset Writedowns and Impairment (2020 - 2023) Analysis & Trends
Tim (TIMB) has reported Asset Writedowns and Impairment for 4 consecutive years, with -$61.7 million the latest figure, recorded in Q2 2023.
- In Q2 2023, Asset Writedowns and Impairment fell 1.77% year-over-year to -$61.7 million; the TTM figure through Jun 2023 stood at -$179.3 million (down 67.69% YoY), while the FY2025 annual figure was $142.0 million, changed N/A from the prior year.
- Asset Writedowns and Impairment came in at -$61.7 million for Q2 2023 at Tim, down from -$30.8 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $22.6 million in Q1 2021, with the low at -$61.7 million in Q2 2023.
- Average Asset Writedowns and Impairment over 4 years is -$33.2 million, with a median of -$36.8 million recorded in 2020.
- Across the five-year window, Asset Writedowns and Impairment soared 152.9% in 2021 and slumped 215.42% in 2022, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at -$42.8 million in 2020, then jumped by 152.9% to $22.6 million in 2021, then plunged by 368.19% to -$60.7 million in 2022, then retreated by 1.77% to -$61.7 million in 2023.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$61.7 million, -$30.8 million, and -$60.7 million for Q2 2023, Q1 2023, and Q2 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn |
| 10 | Tim | - | - | 677.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -61.75 Mn |
| Jun 30, 2023 | -61.75 Mn |
| Mar 31, 2023 | 30.77 Mn |
| Mar 31, 2023 | 30.77 Mn |
| Jun 30, 2022 | -60.67 Mn |
| Jun 30, 2022 | -60.67 Mn |
| Mar 31, 2022 | 26.11 Mn |
| Mar 31, 2022 | 26.11 Mn |
| Mar 31, 2021 | 22.62 Mn |
| Mar 31, 2021 | 22.62 Mn |
| Mar 31, 2020 | -42.76 Mn |
| Mar 31, 2020 | -42.76 Mn |