Universal Technical Institute (UTI) Asset Writedowns and Impairment (2016 - 2024)
Quarterly Asset Writedowns and Impairment fell 250.1% to -$5.1 million in Q3 2024 from the year-ago period, while the trailing twelve-month figure was $3.6 million through Jun 2024, up 164.16% year-over-year, with the annual reading at $2.0 million for FY2022, 16.41% up from the prior year.
Universal Technical Institute's Asset Writedowns and Impairment history spans 15 years, with the latest figure at -$5.1 million for Q3 2024.
- Asset Writedowns and Impairment came in at -$5.1 million for Q3 2024, 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.
- The 5-year median for Asset Writedowns and Impairment is $567000.0 (2020), against an average of $273789.5.
- Year-over-year, Asset Writedowns and Impairment skyrocketed 2957.69% in 2022 and then crashed 1779.22% in 2023.
- Universal Technical Institute's Asset Writedowns and Impairment stood at $389000.0 in 2020, then skyrocketed by 43.96% to $560000.0 in 2021, then fell by 4.46% to $535000.0 in 2022, then surged by 177.76% to $1.5 million in 2023, then crashed by 440.92% to -$5.1 million in 2024.
- Per Business Quant, the three most recent readings for UTI's Asset Writedowns and Impairment are -$5.1 million (Q3 2024), $1.9 million (Q2 2024), and $1.7 million (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -5.07 Mn |
| Sep 30, 2024 | -5.07 Mn |
| Jun 30, 2024 | 1.88 Mn |
| Jun 30, 2024 | 1.88 Mn |
| Mar 31, 2024 | 1.70 Mn |
| Mar 31, 2024 | 1.70 Mn |
| Dec 31, 2023 | 1.49 Mn |
| Dec 31, 2023 | 1.49 Mn |
| Sep 30, 2023 | -1.45 Mn |
| Sep 30, 2023 | -1.45 Mn |
| Jun 30, 2023 | -624,000.00 |
| Jun 30, 2023 | -624,000.00 |
| Mar 31, 2023 | 1.54 Mn |
| Mar 31, 2023 | 1.54 Mn |
| Dec 31, 2022 | 535,000.00 |
| Dec 31, 2022 | 535,000.00 |
| Sep 30, 2022 | -77,000.00 |
| Sep 30, 2022 | -77,000.00 |
| Jun 30, 2022 | 722,000.00 |
| Jun 30, 2022 | 722,000.00 |
| Mar 31, 2022 | 795,000.00 |
| Mar 31, 2022 | 795,000.00 |
| Dec 31, 2021 | 560,000.00 |
| Dec 31, 2021 | 560,000.00 |
| Sep 30, 2021 | 693,000.00 |
| Sep 30, 2021 | 693,000.00 |
| Jun 30, 2021 | 610,000.00 |
| Jun 30, 2021 | 610,000.00 |
| Mar 31, 2021 | 26,000.00 |
| Mar 31, 2021 | 26,000.00 |
| Dec 31, 2020 | 389,000.00 |
| Dec 31, 2020 | 389,000.00 |
| Sep 30, 2020 | 629,000.00 |
| Sep 30, 2020 | 629,000.00 |
| Jun 30, 2020 | 567,000.00 |
| Jun 30, 2020 | 567,000.00 |
| Mar 31, 2020 | 288,000.00 |
| Mar 31, 2020 | 288,000.00 |
| Dec 31, 2019 | 283,000.00 |
| Dec 31, 2019 | 283,000.00 |
| Sep 30, 2019 | 279,000.00 |
| Sep 30, 2019 | 279,000.00 |
| Jun 30, 2019 | 333,000.00 |
| Jun 30, 2019 | 333,000.00 |
| Mar 31, 2019 | 217,000.00 |
| Mar 31, 2019 | 217,000.00 |
| Dec 31, 2018 | 337,000.00 |
| Dec 31, 2018 | 337,000.00 |
| Sep 30, 2018 | 320,000.00 |
| Sep 30, 2018 | 320,000.00 |
| Jun 30, 2018 | 453,000.00 |
| Jun 30, 2018 | 453,000.00 |
| Mar 31, 2018 | 400,000.00 |
| Mar 31, 2018 | 400,000.00 |
| Dec 31, 2017 | 338,000.00 |
| Dec 31, 2017 | 338,000.00 |
| Sep 30, 2017 | 827,000.00 |
| Sep 30, 2017 | 827,000.00 |
| Jun 30, 2017 | -327,000.00 |
| Jun 30, 2017 | -327,000.00 |
| Mar 31, 2017 | 78,000.00 |
| Mar 31, 2017 | 78,000.00 |
| Dec 31, 2016 | 249,000.00 |
| Dec 31, 2016 | 249,000.00 |
| Sep 30, 2016 | 222,000.00 |
| Sep 30, 2016 | 222,000.00 |
| Jun 30, 2016 | 179,000.00 |
| Jun 30, 2016 | 179,000.00 |