Innovate (VATE) Asset Writedowns and Impairment (2010 - 2024)
Innovate (VATE) recorded quarterly Asset Writedowns and Impairment of $100000.0 in Q4 2024, down 91.67% quarter-over-quarter from $1.2 million in Q4 2023, and down 91.67% on a YoY basis from $1.2 million in Q1 2024.
Innovate (VATE) Asset Writedowns and Impairment (2010 - 2024) Analysis & Trends
Innovate's Asset Writedowns and Impairment history runs 15 years deep, the most recent figure standing at $100000.0 for Q4 2024.
- In Q4 2024, Asset Writedowns and Impairment fell 91.67% year-over-year to $100000.0; the TTM figure through Dec 2024 stood at $1.9 million (up 5.56% YoY), while the FY2024 annual figure was $100000.0, down 94.44% from the prior year.
- Asset Writedowns and Impairment was $100000.0 for Q4 2024 at Innovate, down from $1.2 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $11.1 million in Q3 2020 to a low of $100000.0 in Q1 2020.
- Historically, Asset Writedowns and Impairment has averaged $1.4 million across 5 years, with a median of $100000.0 in 2020.
- Biggest YoY gain for Asset Writedowns and Impairment was 2000.0% in 2021; the steepest drop was 96.0% in 2021.
- A 5-year view of Asset Writedowns and Impairment shows it stood at $2.5 million in 2020, then sank by 96.0% to $100000.0 in 2021, then changed by 0.0% to $100000.0 in 2022, then jumped by 1100.0% to $1.2 million in 2023, then slumped by 91.67% to $100000.0 in 2024.
- The last three Asset Writedowns and Impairment figures came in at $100000.0 (Q4 2024), $1.2 million (Q4 2023), and $500000.0 (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - |
| 10 | Innovate | 231.31 Mn | 133.11 Mn | 58.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 100,000.00 |
| Dec 31, 2024 | 100,000.00 |
| Dec 31, 2023 | 1.20 Mn |
| Dec 31, 2023 | 1.20 Mn |
| Sep 30, 2023 | 500,000.00 |
| Sep 30, 2023 | 500,000.00 |
| Jun 30, 2023 | 100,000.00 |
| Jun 30, 2023 | 100,000.00 |
| Dec 31, 2022 | 100,000.00 |
| Dec 31, 2022 | 100,000.00 |
| Sep 30, 2022 | 100,000.00 |
| Sep 30, 2022 | 100,000.00 |
| Jun 30, 2022 | 1.80 Mn |
| Jun 30, 2022 | 1.80 Mn |
| Mar 31, 2022 | 100,000.00 |
| Mar 31, 2022 | 100,000.00 |
| Dec 31, 2021 | 100,000.00 |
| Dec 31, 2021 | 100,000.00 |
| Sep 30, 2021 | 500,000.00 |
| Sep 30, 2021 | 500,000.00 |