Ultrapar Holdings (UGP) Asset Writedowns and Impairment (2021)

Ultrapar Holdings (UGP) has reported Asset Writedowns and Impairment for 14 consecutive years, with -$4.8 million the latest figure, recorded in Q1 2022.

• In Q1 2022, Asset Writedowns and Impairment fell 212.09% year-over-year to -$4.8 million; the TTM figure through Mar 2022 stood at -$4.4 million (down 272.69% YoY), while the FY2023 annual figure was -$5.5 million, up 42.2% from the prior year.
• Asset Writedowns and Impairment slipped to -$4.8 million in Q1 2022 per UGP's latest filing, from $9.9 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $9.9 million in Q4 2021 and bottomed at -$6.0 million in Q2 2021.
• Historically, Asset Writedowns and Impairment has averaged $649192.4 across 5 years, with a median of -$255304.2 in 2019.
• Annual changes were most pronounced in 2018 — Asset Writedowns and Impairment surged 234.53% — and 2020, when it tumbled 925.46%.
• Ultrapar Holdings' Asset Writedowns and Impairment stood at $3.9 million in 2018, then jumped by 121.33% to $8.7 million in 2019, then increased by 8.71% to $9.5 million in 2020, then increased by 4.16% to $9.9 million in 2021, then sank by 148.64% to -$4.8 million in 2022.
• Business Quant data shows UGP's Asset Writedowns and Impairment at -$4.8 million in Q1 2022, $9.9 million in Q4 2021, and -$3.5 million in Q3 2021.