Teekay (TK) Asset Writedowns and Impairment (2009 - 2022)

Teekay (TK) posted Asset Writedowns and Impairment of $421000.0 for Q1 2022, up 109.86% on a QoQ basis from -$4.3 million in Q4 2021, and up 158.88% year-over-year from $162622.9 in Q1 2021.

Teekay (TK) Asset Writedowns and Impairment (2009 - 2022) Analysis & Trends

Teekay's Asset Writedowns and Impairment history runs 13 years deep, the most recent figure standing at $421000.0 for Q1 2022.

  • Quarterly Asset Writedowns and Impairment rose 158.88% year-over-year to $421000.0 in Q1 2022, while the trailing twelve-month figure through Mar 2022 was $60.8 million (down 6.01% YoY) and the FY2021 annual result came in at $4.6 million, down 92.97% from the prior year.
  • Asset Writedowns and Impairment was $421000.0 for Q1 2022 at Teekay, up from -$4.3 million in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $65.3 million in Q4 2020 and bottomed at -$4.3 million in Q4 2021.
  • A 5-year average of $7.5 million and a median of $46519.0 in 2020 frame the typical range for Asset Writedowns and Impairment.
  • Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment surged 3265930700.0% — and 2021, when it plunged 1637.01%.
  • Teekay's Asset Writedowns and Impairment stood at $18.7 million in 2018, then plunged by 100.0% to $2.0 in 2019, then jumped by 3265930700.0% to $65.3 million in 2020, then plunged by 106.54% to -$4.3 million in 2021, then jumped by 109.86% to $421000.0 in 2022.
  • Business Quant data shows TK's Asset Writedowns and Impairment at $421000.0 in Q1 2022, -$4.3 million in Q4 2021, and -$715000.0 in Q1 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn
10 Teekay 962.12 Mn 1.43 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2022 421,000.00
Mar 31, 2022 421,000.00
Dec 31, 2021 -4.27 Mn
Dec 31, 2021 -4.27 Mn
Mar 31, 2021 -715,000.00
Mar 31, 2021 -715,000.00
Dec 31, 2020 65.32 Mn
Dec 31, 2020 65.32 Mn
Sep 30, 2020 21,300.00
Sep 30, 2020 21,300.00
Jun 30, 2020 13,565.00
Jun 30, 2020 13,565.00
Mar 31, 2020 46,519.00
Mar 31, 2020 46,519.00
Dec 31, 2019 2.00
Dec 31, 2019 2.00
Sep 30, 2019 175,000.00
Sep 30, 2019 175,000.00
Mar 31, 2019 3.33 Mn
Mar 31, 2019 3.33 Mn