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 (TK) has reported Asset Writedowns and Impairment for 10 consecutive years, with $421000.0 the latest figure, recorded in Q1 2022.

  • Asset Writedowns and Impairment for Q1 2022 came in at $421000.0, up 158.88% year-over-year; the trailing twelve-month figure through Mar 2022 was -$7.9 million (up 54.13% YoY), and the FY2021 annual result was $4.6 million, down 82.22% 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.
  • Over five years, Asset Writedowns and Impairment peaked at $421000.0 in Q1 2022 and troughed at -$18.7 million in Q1 2018.
  • A 4-year average of -$5.3 million and a median of -$3.3 million in 2019 frame the typical range for Asset Writedowns and Impairment.
  • Annual changes were most pronounced in 2019 — Asset Writedowns and Impairment surged 82.17% — and 2022, when it jumped 158.88%.
  • Year by year, Asset Writedowns and Impairment stood at -$18.7 million in 2018, then soared by 82.17% to -$3.3 million in 2019, then dropped by 28.31% to -$4.3 million in 2021, then jumped by 109.86% to $421000.0 in 2022.
  • Per Business Quant, the three latest TK Asset Writedowns and Impairment figures stand at $421000.0 (Q1 2022), -$4.3 million (Q4 2021), and -$715000.0 (Q1 2021).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn
10 Teekay 860.41 Mn 1.33 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
Sep 30, 2019 175.00 Mn
Sep 30, 2019 175.00 Mn
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 -10.85 Mn
Dec 31, 2017 -10.85 Mn
Sep 30, 2017 243.66 Mn
Sep 30, 2017 243.66 Mn
Jun 30, 2017 -48.57 Mn
Jun 30, 2017 -48.57 Mn
Dec 31, 2016 68.60 Mn
Dec 31, 2016 68.60 Mn