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
DateValue
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