Growth Metrics

Weatherford International (WFRD) Asset Writedowns and Impairment (2016 - 2024)

Weatherford International (WFRD) has disclosed Asset Writedowns and Impairment for 11 consecutive years, with $9.0 million as the latest value for Q2 2024.

  • For the quarter ending Q2 2024, Asset Writedowns and Impairment changed N/A year-over-year to $9.0 million, compared with a TTM value of $23.0 million through Jun 2024, changed 0.0%, and an annual FY2023 reading of $19.0 million, down 47.22% over the prior year.
  • Asset Writedowns and Impairment was $9.0 million for Q2 2024 at Weatherford International, up from $6.0 million in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $128.0 million in Q2 2020 and bottomed at -$608.0 million in Q4 2020.
  • Average Asset Writedowns and Impairment over 5 years is -$24.1 million, with a median of $9.0 million recorded in 2022.
  • The sharpest move saw Asset Writedowns and Impairment surged 884.62% in 2020, then tumbled 90.32% in 2022.
  • Year by year, Asset Writedowns and Impairment stood at -$608.0 million in 2020, then surged by 110.2% to $62.0 million in 2021, then crashed by 90.32% to $6.0 million in 2022, then soared by 33.33% to $8.0 million in 2023, then grew by 12.5% to $9.0 million in 2024.
  • Business Quant data shows Asset Writedowns and Impairment for WFRD at $9.0 million in Q2 2024, $6.0 million in Q1 2024, and $8.0 million in Q4 2023.