Vir Biotechnology (VIR) Asset Writedowns and Impairment (2020 - 2024)
Vir Biotechnology recorded quarterly Asset Writedowns and Impairment of $11.0 million in Q4 2024, up 300.07% quarter-over-quarter from $2.8 million in Q4 2023, and up 300.07% year-over-year from $2.8 million in Q1 2024.
Vir Biotechnology's Asset Writedowns and Impairment history runs 3 years deep, the most recent figure standing at $11.0 million for Q4 2024.
- In Q4 2024, Asset Writedowns and Impairment rose 300.07% year-over-year to $11.0 million; the TTM figure through Dec 2025 stood at $11.0 million (down 20.0% YoY), while the FY2024 annual figure was $14.6 million, up 50.65% from the prior year.
- Asset Writedowns and Impairment came in at $11.0 million for Q4 2024 at Vir Biotechnology, up from $2.8 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $11.0 million in Q4 2024 to a low of $800000.0 in Q3 2020.
- A 3-year average of $4.9 million and a median of $2.8 million in 2023 frame the typical range for Asset Writedowns and Impairment.
- On a YoY basis, Asset Writedowns and Impairment climbed as much as 300.07% in 2024 and fell as far as 300.07% in 2024.
- Vir Biotechnology's Asset Writedowns and Impairment stood at $800000.0 in 2020, then surged by 244.88% to $2.8 million in 2023, then soared by 300.07% to $11.0 million in 2024.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $11.0 million, $2.8 million, and $800000.0 for Q4 2024, Q4 2023, and Q3 2020 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quantum Biopharma | 961,148.99 Bn | 961,148.98 Bn | - |
| 2 | Alterity Therapeutics | 744,933.29 Bn | 744,933.26 Bn | - |
| 3 | Legend Biotech | 2,540.00 Bn | 2,539.71 Bn | 242.10 Mn |
| 4 | Nanobiotix | 2,199.85 Bn | 2,199.78 Bn | - |
| 5 | Akari Therapeutics | 1,635.88 Bn | 1,635.88 Bn | - |
| 6 | Vertex Pharmaceuticals | 111.32 Bn | 104.07 Bn | 2.59 Bn |
| 7 | Evaxion A | 62.56 Bn | 62.54 Bn | - |
| 8 | Regeneron Pharmaceuticals | 62.55 Bn | 53.79 Bn | 3.31 Bn |
| 9 | Alnylam Pharmaceuticals | 39.57 Bn | 36.56 Bn | 959.66 Mn |
| 10 | Vir Biotechnology | 1.33 Bn | 1.33 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 11.04 Mn |
| Dec 31, 2024 | 11.04 Mn |
| Dec 31, 2023 | 2.76 Mn |
| Dec 31, 2023 | 2.76 Mn |
| Sep 30, 2020 | 800,000.00 |
| Sep 30, 2020 | 800,000.00 |