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

Teekay's (TK) quarterly Asset Writedowns and Impairment came in at -$421000.0 in Q1 2022, up 41.12% YoY from -$298330.0 in Q1 2021, and up 90.14% on a QoQ basis from -$4.3 million in Q4 2021.

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

Teekay (TK) has 13 years of Asset Writedowns and Impairment data on file, last reported at -$421000.0 in Q1 2022.

  • Quarterly Asset Writedowns and Impairment rose 41.12% year-over-year to -$421000.0 in Q1 2022, while the trailing twelve-month figure through Mar 2022 was $59.2 million (up 19.57% YoY) and the FY2022 annual result came in at $1.1 million, down 98.75% from the prior year.
  • Asset Writedowns and Impairment climbed to -$421000.0 in Q1 2022, from -$4.3 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $618.5 million in Q4 2018 to a low of -$6.9 million in Q4 2020.
  • A 5-year average of $63.4 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 2018 — Asset Writedowns and Impairment soared 11144.96% — and 2020, when it tumbled 107.33%.
  • Tracing TK's Asset Writedowns and Impairment over 5 years: stood at $618.5 million in 2018, then plunged by 100.54% to -$3.3 million in 2019, then slumped by 107.33% to -$6.9 million in 2020, then jumped by 38.12% 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 $913000.0 (Q3 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn
2 Enbridge 110.69 Bn 109.19 Bn 5.23 Bn
3 Enterprise Products Partners 83.45 Bn 82.54 Bn -
4 Energy Transfer 72.64 Bn 71.61 Bn 7.40 Bn
5 Tc Energy 65.84 Bn 58.29 Bn 1.24 Bn
6 Mplx 60.05 Bn 59.02 Bn 2.73 Bn
7 Oneok 59.98 Bn 59.82 Bn 2.81 Bn
8 Targa Resources 59.50 Bn 59.37 Bn 2.14 Bn
9 Cheniere Energy 55.93 Bn 54.68 Bn 5.29 Bn
10 Teekay 1.12 Bn -294.55 Mn -

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
Sep 30, 2021 913,000.00
Sep 30, 2021 913,000.00
Jun 30, 2021 62.94 Mn
Jun 30, 2021 62.94 Mn
Mar 31, 2021 -715,000.00
Mar 31, 2021 -715,000.00
Dec 31, 2020 -6.90 Mn
Dec 31, 2020 -6.90 Mn
Sep 30, 2020 43.53 Mn
Sep 30, 2020 43.53 Mn
Jun 30, 2020 13.57 Mn
Jun 30, 2020 13.57 Mn
Dec 31, 2019 -3.33 Mn
Dec 31, 2019 -3.33 Mn
Sep 30, 2019 175.00 Mn
Sep 30, 2019 175.00 Mn