Innovate (VATE) Asset Writedowns and Impairment (2010 - 2024)

Innovate (VATE) posted quarterly Asset Writedowns and Impairment of $100000.0 for Q4 2024, down 91.67% year-over-year from $1.2 million in Q1 2024, and down 91.67% on a QoQ basis from $1.2 million in Q4 2023.

Innovate (VATE) Asset Writedowns and Impairment (2010 - 2024) Analysis & Trends

Innovate (VATE) has reported Asset Writedowns and Impairment for 15 consecutive years, with $100000.0 the latest figure, recorded in 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 came in at $100000.0 for Q4 2024 at Innovate, down from $1.2 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $11.1 million in Q3 2020, with the low at $100000.0 in Q1 2020.
  • Average Asset Writedowns and Impairment over 5 years is $1.4 million, with a median of $100000.0 recorded in 2020.
  • The largest YoY upside for Asset Writedowns and Impairment was 2000.0% in 2021 against a maximum downside of 96.0% in 2021.
  • Year by year, Asset Writedowns and Impairment stood at $2.5 million in 2020, then slumped 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 tumbled by 91.67% to $100000.0 in 2024.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $100000.0, $1.2 million, and $500000.0 for Q4 2024, Q4 2023, and Q3 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn
5 APi 18.02 Bn 17.38 Bn 620.00 Mn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn
10 Innovate 219.28 Mn 121.08 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