Weatherford International (WFRD) Asset Writedowns and Impairment (2013 - 2024)

Weatherford International (WFRD) has 12 years of Asset Writedowns and Impairment data on file, last reported at $9.0 million in Q2 2024.

• Quarterly Asset Writedowns and Impairment changed N/A year-over-year to $9.0 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $34.0 million (up 47.83% YoY) and the FY2023 annual result came in at $19.0 million, down 47.22% from the prior year.
• Asset Writedowns and Impairment grew to $9.0 million in Q2 2024, from $6.0 million in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $178.0 million in Q2 2020 to a low of $2.0 million in Q1 2020.
• A 5-year average of $25.0 million and a median of $11.0 million in 2021 frame the typical range for Asset Writedowns and Impairment.
• The widest YoY moves for Asset Writedowns and Impairment: up 1269.23% in 2020, down 96.55% in 2020.
• Tracing WFRD's Asset Writedowns and Impairment over 5 years: stood at $44.0 million in 2020, then slumped by 72.73% to $12.0 million in 2021, then slumped by 50.0% to $6.0 million in 2022, then soared by 216.67% to $19.0 million in 2023, then tumbled by 52.63% 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 $19.0 million (Q4 2023), per Business Quant data.