Growth Metrics

Trinet (TNET) Asset Writedowns and Impairment (2022 - 2024)

Trinet's quarterly Asset Writedowns and Impairment came in at $1.0 million in Q1 2024, little changed year-on-year from $1.0 million in Q2 2023, and up 150.0% quarter-over-quarter from -$2.0 million in Q4 2023.

Trinet has reported Asset Writedowns and Impairment for 3 years, with the latest figure at $1.0 million in Q1 2024.

  • For the quarter ending Q1 2024, Asset Writedowns and Impairment changed 0.0% year-over-year to $1.0 million; the trailing twelve-month figure through Mar 2024 stood at $1.0 million (down 50.0% YoY), and the FY2024 full-year result was $2.0 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment for Q1 2024 stood at $1.0 million, up from -$2.0 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $1.0 million in Q4 2022, with the low at -$2.0 million in Q4 2023.
  • Average Asset Writedowns and Impairment over 3 years is $250000.0, with a median of $1.0 million recorded in 2022.
  • Year-over-year, Asset Writedowns and Impairment sank 300.0% in 2023 and changed 0.0% in 2024.
  • Tracing TNET's Asset Writedowns and Impairment over 3 years: stood at $1.0 million in 2022, then slumped by 300.0% to -$2.0 million in 2023, then surged by 150.0% to $1.0 million in 2024.
  • The last three Asset Writedowns and Impairment figures came in at $1.0 million (Q1 2024), -$2.0 million (Q4 2023), and $1.0 million (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Korn Ferry 3.61 Bn 2.64 Bn 724.93 Mn
2 Robert Half 2.93 Bn 2.65 Bn 479.91 Mn
3 Trinet 2.15 Bn 684.96 Mn 1.16 Bn
4 ManpowerGroup 1.48 Bn 1.25 Bn 723.00 Mn
5 Insperity 1.31 Bn 754.86 Mn 302.00 Mn
6 Barrett Business Services 814.51 Mn 722.64 Mn 43.19 Mn
7 Kforce 805.03 Mn 803.69 Mn 90.07 Mn
8 Kelly Services 399.73 Mn 374.13 Mn 196.40 Mn
9 TrueBlue 187.20 Mn 163.07 Mn 79.02 Mn
10 HireQuest 182.43 Mn 181.41 Mn -

Historic Data

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DateValue
Mar 31, 2024 1.00 Mn
Mar 31, 2024 1.00 Mn
Dec 31, 2023 -2.00 Mn
Dec 31, 2023 -2.00 Mn
Mar 31, 2023 1.00 Mn
Mar 31, 2023 1.00 Mn
Dec 31, 2022 1.00 Mn
Dec 31, 2022 1.00 Mn