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

Teekay (TK) reported Asset Writedowns and Impairment of -$421000.0 for Q1 2022, down 158.88% on a YoY basis from $715000.0 in Q1 2021, and up 90.14% quarter-over-quarter from -$4.3 million in Q4 2021.

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

Teekay has reported Asset Writedowns and Impairment for 10 years, with the latest figure at -$421000.0 in Q1 2022.

  • For the quarter ending Q1 2022, Asset Writedowns and Impairment fell 158.88% year-over-year to -$421000.0; the trailing twelve-month figure through Mar 2022 stood at -$7.3 million (up 53.7% YoY), and the FY2021 full-year result was $4.6 million, down 82.22% from the prior year.
  • Asset Writedowns and Impairment for Q1 2022 stood at -$421000.0, up from -$4.3 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $715000.0 in Q1 2021, with the low at -$18.7 million in Q1 2018.
  • Historically, Asset Writedowns and Impairment has averaged -$5.2 million across 4 years, with a median of -$3.3 million in 2019.
  • Annual changes were most pronounced in 2019 — Asset Writedowns and Impairment jumped 82.17% — and 2022, when it tumbled 158.88%.
  • Teekay's Asset Writedowns and Impairment stood at -$18.7 million in 2018, then jumped by 82.17% to -$3.3 million in 2019, then decreased by 28.31% to -$4.3 million in 2021, then surged by 90.14% to -$421000.0 in 2022.
  • The last three Asset Writedowns and Impairment figures came in at -$421000.0 (Q1 2022), -$4.3 million (Q4 2021), and $715000.0 (Q1 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Teekay 1.02 Bn 1.48 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
Mar 31, 2019 -3.33 Mn
Mar 31, 2019 -3.33 Mn
Mar 31, 2018 -18.66 Mn
Mar 31, 2018 -18.66 Mn
Dec 31, 2017 5.50 Mn
Dec 31, 2017 5.50 Mn
Sep 30, 2017 -231.16 Mn
Sep 30, 2017 -231.16 Mn
Jun 30, 2017 -1.50 Mn
Jun 30, 2017 -1.50 Mn
Dec 31, 2016 2.15 Mn
Dec 31, 2016 2.15 Mn
Jun 30, 2016 -43.65 Mn
Jun 30, 2016 -43.65 Mn