Block (XYZ) Asset Writedowns and Impairment (2021 - 2023)
Block (XYZ) posted Asset Writedowns and Impairment of $132.3 million for Q4 2023, up 452.08% sequentially from -$37.6 million in Q4 2022, and up 452.08% YoY from $24.0 million in Q4 2022.
Block (XYZ) Asset Writedowns and Impairment (2021 - 2023) Analysis & Trends
Block has reported Asset Writedowns and Impairment for 3 years, with the latest figure at $132.3 million in Q4 2023.
- Quarterly Asset Writedowns and Impairment rose 452.08% year-over-year to $132.3 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $94.7 million (changed N/A YoY) and the FY2024 annual result came in at $133.9 million, up 1.16% from the prior year.
- Asset Writedowns and Impairment improved to $132.3 million in Q4 2023 per XYZ's latest filing, from -$37.6 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $132.3 million in Q4 2023 and troughed at -$37.6 million in Q4 2022.
- A 3-year average of $29.1 million and a median of $19.9 million in 2021 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2022 and 2023: Asset Writedowns and Impairment tumbled 73.02% in 2022, then soared 452.08% in 2023.
- Over 3 years, Asset Writedowns and Impairment stood at $6.0 million in 2021, then tumbled by 726.33% to -$37.6 million in 2022, then jumped by 452.08% to $132.3 million in 2023.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $132.3 million, -$37.6 million, and $1.6 million for Q4 2023, Q4 2022, and Q3 2022 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | NetApp | 40.73 Bn | 37.15 Bn | 1.37 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 132.31 Mn |
| Dec 31, 2023 | 132.31 Mn |
| Dec 31, 2022 | -37.58 Mn |
| Dec 31, 2022 | -37.58 Mn |
| Sep 30, 2022 | 1.62 Mn |
| Sep 30, 2022 | 1.62 Mn |
| Jun 30, 2022 | 35.96 Mn |
| Jun 30, 2022 | 35.96 Mn |
| Sep 30, 2021 | 6.00 Mn |
| Sep 30, 2021 | 6.00 Mn |
| Jun 30, 2021 | 45.27 Mn |
| Jun 30, 2021 | 45.27 Mn |
| Mar 31, 2021 | 19.86 Mn |
| Mar 31, 2021 | 19.86 Mn |