Block (XYZ) Asset Writedowns and Impairment (2021 - 2023)

Block has disclosed Asset Writedowns and Impairment across 3 years of filings, most recently posting $132.3 million for Q4 2023.

• In Q4 2023, Asset Writedowns and Impairment rose 452.08% year-over-year to $132.3 million; the TTM figure through Dec 2023 stood at $94.7 million (changed N/A YoY), while the FY2024 annual figure was $133.9 million, up 1.16% from the prior year.
• Asset Writedowns and Impairment came in at $132.3 million for Q4 2023 at Block, up from -$37.6 million in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $132.3 million in Q4 2023 to a low of -$37.6 million in Q4 2022.
• Average Asset Writedowns and Impairment over 3 years is $29.1 million, with a median of $19.9 million recorded in 2021.
• Year-over-year, Asset Writedowns and Impairment slumped 73.02% in 2022 and surged 452.08% in 2023.
• Over 3 years, Asset Writedowns and Impairment stood at $6.0 million in 2021, then sank by 726.33% to -$37.6 million in 2022, then surged by 452.08% to $132.3 million in 2023.
• Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $132.3 million in Q4 2023, -$37.6 million in Q4 2022, and $1.6 million in Q3 2022.