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 (XYZ) has 3 years of Asset Writedowns and Impairment data on file, last reported 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.
  • The five-year high for Asset Writedowns and Impairment was $132.3 million in Q4 2023, with the low at -$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 sank 73.02% in 2022 and surged 452.08% in 2023.
  • Block's Asset Writedowns and Impairment stood at $6.0 million in 2021, then plunged by 726.33% to -$37.6 million in 2022, then surged by 452.08% to $132.3 million in 2023.
  • Business Quant data shows XYZ's Asset Writedowns and Impairment at $132.3 million in Q4 2023, -$37.6 million in Q4 2022, and $1.6 million in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn
10 CoreWeave 45.15 Bn 42.89 Bn 2.01 Bn

Historic Data

Download Data
DateValue
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