Tim (TIMB) Asset Writedowns and Impairment (2020 - 2023)
Tim's (TIMB) quarterly Asset Writedowns and Impairment came in at -$61.7 million in Q2 2023, down 1.77% year-on-year from -$62.9 million in Q2 2022, and down 100.65% quarter-over-quarter from -$30.8 million in Q1 2023.
Tim (TIMB) Asset Writedowns and Impairment (2020 - 2023) Analysis & Trends
Tim's Asset Writedowns and Impairment history runs 4 years deep, the most recent figure standing at -$61.7 million for Q2 2023.
- On a quarterly basis, Asset Writedowns and Impairment fell 1.77% year-over-year to -$61.7 million in Q2 2023; TTM through Jun 2023 was -$179.3 million, a 17.83% decrease from a year earlier, with the FY2025 full-year figure at $142.0 million, changed N/A from the prior year.
- Asset Writedowns and Impairment declined to -$61.7 million in Q2 2023 per TIMB's latest filing, from -$30.8 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at -$22.6 million in Q1 2021 and bottomed at -$61.7 million in Q2 2023.
- The 4-year median for Asset Writedowns and Impairment is -$36.8 million (2020), against an average of -$40.8 million.
- Across the five-year window, Asset Writedowns and Impairment jumped 47.1% in 2021 and declined 17.85% in 2023, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at -$42.8 million in 2020, then soared by 47.1% to -$22.6 million in 2021, then plunged by 168.19% to -$60.7 million in 2022, then dropped by 1.77% to -$61.7 million in 2023.
- Per Business Quant, the three latest TIMB Asset Writedowns and Impairment figures stand at -$61.7 million (Q2 2023), -$30.8 million (Q1 2023), and -$60.7 million (Q2 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn |
| 10 | Telefonica Brasil | 45.44 Bn | 43.70 Bn | 1.32 Bn |
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 |