Universal Technical Institute (UTI) Asset Writedowns and Impairment (2010 - 2024)

Universal Technical Institute's Asset Writedowns and Impairment history runs 15 years deep, the most recent figure standing at -$5.1 million for Q3 2024.

• In Q3 2024, Asset Writedowns and Impairment fell 250.1% year-over-year to -$5.1 million; the TTM figure through Jun 2024 stood at $3.6 million (up 164.16% YoY), while the FY2022 annual figure was $2.0 million, up 16.41% from the prior year.
• Asset Writedowns and Impairment was -$5.1 million for Q3 2024 at Universal Technical Institute, down from $1.9 million in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $1.9 million in Q2 2024 to a low of -$5.1 million in Q3 2024.
• Historically, Asset Writedowns and Impairment has averaged $273789.5 across 5 years, with a median of $567000.0 in 2020.
• The sharpest annual moves came in 2022 and 2023: Asset Writedowns and Impairment surged 2957.69% in 2022, then tumbled 1779.22% in 2023.
• A 5-year view of Asset Writedowns and Impairment shows it stood at $389000.0 in 2020, then surged by 43.96% to $560000.0 in 2021, then dropped by 4.46% to $535000.0 in 2022, then soared by 177.76% to $1.5 million in 2023, then plunged by 440.92% to -$5.1 million in 2024.
• The last three Asset Writedowns and Impairment figures came in at -$5.1 million (Q3 2024), $1.9 million (Q2 2024), and $1.7 million (Q1 2024), per Business Quant data.