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| 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 |