Universal Technical Institute (UTI) Asset Writedowns and Impairment (2010 - 2024)
Universal Technical Institute's (UTI) quarterly Asset Writedowns and Impairment came in at -$5.1 million in Q3 2024, down 250.1% year-over-year from $3.4 million in Q4 2023, and down 369.9% quarter-over-quarter from $1.9 million in Q2 2024.
Universal Technical Institute (UTI) Asset Writedowns and Impairment (2010 - 2024) Analysis & Trends
Universal Technical Institute (UTI) has reported Asset Writedowns and Impairment for 15 consecutive years, with -$5.1 million the latest figure, recorded in Q3 2024.
- On a quarterly basis, Asset Writedowns and Impairment fell 250.1% year-over-year to -$5.1 million in Q3 2024; TTM through Jun 2024 was $3.6 million, a 164.16% increase from a year earlier, with the FY2022 full-year figure at $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.
- Over five years, Asset Writedowns and Impairment peaked at $1.9 million in Q2 2024 and troughed at -$5.1 million in Q3 2024.
- A 5-year average of $273789.5 and a median of $567000.0 in 2020 frame the typical range for Asset Writedowns and Impairment.
- Across the five-year window, Asset Writedowns and Impairment soared 2957.69% in 2022 and tumbled 1779.22% in 2023, its largest moves.
- Over 5 years, Asset Writedowns and Impairment stood at $389000.0 in 2020, then surged by 43.96% to $560000.0 in 2021, then retreated by 4.46% to $535000.0 in 2022, then soared by 177.76% to $1.5 million in 2023, then tumbled 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Service Corp International | 10.64 Bn | 10.38 Bn | 273.50 Mn |
| 2 | New Oriental Education & Technology | 8.69 Bn | 6.29 Bn | -19,600.00 |
| 3 | Laureate Education | 5.06 Bn | 4.90 Bn | 237.67 Mn |
| 4 | Graham Holdings | 4.89 Bn | 3.68 Bn | 777.03 Mn |
| 5 | Covista | 4.19 Bn | 3.78 Bn | 284.63 Mn |
| 6 | Valvoline | 3.67 Bn | 3.58 Bn | 214.90 Mn |
| 7 | Bright Horizons Family Solutions | 3.28 Bn | 3.11 Bn | 188.96 Mn |
| 8 | Stride | 3.26 Bn | 2.30 Bn | 217.28 Mn |
| 9 | TAL Education | 2.28 Bn | -596.06 Mn | 438.20 Mn |
| 10 | Universal Technical Institute | 1.12 Bn | 953.82 Mn | 100.57 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | -5.07 Mn |
| Jun 30, 2024 | 1.88 Mn |
| Mar 31, 2024 | 1.70 Mn |
| Dec 31, 2023 | 1.49 Mn |
| Sep 30, 2023 | -1.45 Mn |
| Jun 30, 2023 | -624,000.00 |
| Mar 31, 2023 | 1.54 Mn |
| Dec 31, 2022 | 535,000.00 |
| Sep 30, 2022 | -77,000.00 |
| Jun 30, 2022 | 722,000.00 |
| Mar 31, 2022 | 795,000.00 |
| Dec 31, 2021 | 560,000.00 |
| Sep 30, 2021 | 693,000.00 |
| Jun 30, 2021 | 610,000.00 |
| Mar 31, 2021 | 26,000.00 |
| Dec 31, 2020 | 389,000.00 |
| Sep 30, 2020 | 629,000.00 |
| Jun 30, 2020 | 567,000.00 |
| Mar 31, 2020 | 288,000.00 |
| Dec 31, 2019 | 283,000.00 |
Universal Technical Institute Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=UTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "UTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=UTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();