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
DateValue
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