Weatherford International (WFRD) Asset Writedowns and Impairment (2014 - 2024)

Weatherford International has reported Asset Writedowns and Impairment for 11 years, with the latest figure at $9.0 million in Q2 2024.

• For the quarter ending Q2 2024, Asset Writedowns and Impairment changed N/A year-over-year to $9.0 million; the trailing twelve-month figure through Jun 2024 stood at $23.0 million (changed 0.0% YoY), and the FY2023 full-year result was $19.0 million, down 47.22% from the prior year.
• Asset Writedowns and Impairment for Q2 2024 stood at $9.0 million, up from $6.0 million in the prior quarter.
• The five-year high for Asset Writedowns and Impairment was $136.0 million in Q2 2020, with the low at $2.0 million in Q1 2020.
• Historically, Asset Writedowns and Impairment has averaged $24.3 million across 5 years, with a median of $11.0 million in 2021.
• The largest YoY upside for Asset Writedowns and Impairment was 946.15% in 2020 against a maximum downside of 96.55% in 2020.
• Weatherford International's Asset Writedowns and Impairment stood at $44.0 million in 2020, then soared by 40.91% to $62.0 million in 2021, then plunged by 90.32% to $6.0 million in 2022, then jumped by 33.33% to $8.0 million in 2023, then increased by 12.5% to $9.0 million in 2024.
• The last three Asset Writedowns and Impairment figures came in at $9.0 million (Q2 2024), $6.0 million (Q1 2024), and $8.0 million (Q4 2023), per Business Quant data.