Trulieve Cannabis (TRLV) Asset Writedowns and Impairment (2021 - 2024)
Trulieve Cannabis (TRLV) posted Asset Writedowns and Impairment of $477000.0 for Q3 2024, down 67.62% on a QoQ basis from $1.5 million in Q2 2024, and up 139.45% year-over-year from $199203.1 in Q4 2023.
Analysis
Trulieve Cannabis (TRLV) Asset Writedowns and Impairment (2021 - 2024) Analysis & Trends
Trulieve Cannabis has reported Asset Writedowns and Impairment for 4 years, with the latest figure at $477000.0 in Q3 2024.
- On a quarterly basis, Asset Writedowns and Impairment rose 139.45% year-over-year to $477000.0 in Q3 2024; TTM through Sep 2024 was $2.2 million, a 105.53% increase from a year earlier, with the FY2023 full-year figure at $2.8 million, down 23.97% from the prior year.
- Asset Writedowns and Impairment was $477000.0 for Q3 2024 at Trulieve Cannabis, down from $1.5 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $54.6 million in Q3 2022, with the low at -$72.5 million in Q4 2022.
- Average Asset Writedowns and Impairment over 4 years is $3.0 million, with a median of $1.5 million recorded in 2024.
- The largest YoY upside for Asset Writedowns and Impairment was 1092880.0% in 2022 against a maximum downside of 1450860.0% in 2022.
- Over 4 years, Asset Writedowns and Impairment stood at $5000.0 in 2021, then slumped by 1450860.0% to -$72.5 million in 2022, then surged by 96.24% to -$2.7 million in 2023, then jumped by 117.47% to $477000.0 in 2024.
- The last three Asset Writedowns and Impairment figures came in at $477000.0 (Q3 2024), $1.5 million (Q2 2024), and $3.0 million (Q1 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn |
| 2 | Trulieve Cannabis | 2.26 Bn | 1.94 Bn | 162.29 Mn |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn |
| 6 | Vireo Growth | 547.80 Mn | 405.50 Mn | 95.30 Mn |
| 7 | Tilray Brands | 473.05 Mn | 238.42 Mn | 90.52 Mn |
| 8 | Verano Holdings | 438.09 Mn | 352.89 Mn | 99.70 Mn |
| 9 | Canopy Growth | 407.15 Mn | 160.14 Mn | 16.08 Mn |
| 10 | Sndl | 363.83 Mn | 231.28 Mn | 40.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 477,000.00 |
| Jun 30, 2024 | 1.47 Mn |
| Mar 31, 2024 | 2.96 Mn |
| Dec 31, 2023 | -2.73 Mn |
| Sep 30, 2023 | -1.21 Mn |
| Jun 30, 2023 | 3.31 Mn |
| Mar 31, 2023 | 31.02 Mn |
| Dec 31, 2022 | -72.54 Mn |
| Sep 30, 2022 | 54.64 Mn |
| Jun 30, 2022 | 5.06 Mn |
| Mar 31, 2022 | 16.46 Mn |
| Dec 31, 2021 | 5,000.00 |
| Sep 30, 2021 | -5,000.00 |