Growth Metrics

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

Weatherford International's Asset Writedowns and Impairment history spans 12 years, with the latest figure at $9.0 million for Q2 2024.

  • For Q2 2024, Asset Writedowns and Impairment changed N/A year-over-year to $9.0 million; the TTM value through Jun 2024 reached $23.0 million, changed 0.0%, while the annual FY2023 figure was $19.0 million, 47.22% down from the prior year.
  • Asset Writedowns and Impairment reached $9.0 million in Q2 2024 per WFRD's latest filing, up from $6.0 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $887.0 million in Q4 2020 to a low of -$39.0 million in Q3 2021.
  • Average Asset Writedowns and Impairment over 5 years is $81.2 million, with a median of $9.0 million recorded in 2022.
  • The largest YoY upside for Asset Writedowns and Impairment was 946.15% in 2020 against a maximum downside of 96.55% in 2020.
  • A 5-year view of Asset Writedowns and Impairment shows it stood at $887.0 million in 2020, then tumbled by 93.01% 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.
  • Per Business Quant, the three most recent readings for WFRD's Asset Writedowns and Impairment are $9.0 million (Q2 2024), $6.0 million (Q1 2024), and $8.0 million (Q4 2023).