Discontinued — last reported Q3 '24

Business Segments · Impairment of assets

Triple Net — Impairment of assets

Welltower Triple Net — Impairment of assets increased by 311.4% to $2.53M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 49.2%, from $4.99M to $2.53M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ3 2024Oct 29, 2024

How to read this metric

An increase is a negative signal indicating asset devaluation or poor investment performance.

Detailed definition

The non-cash charge taken when the carrying value of an asset in the Triple-net segment exceeds its fair market value. T...

Peer comparison

Standard accounting metric; peers report this as 'Impairment Charges' or 'Asset Write-downs'.

Metric ID: well_segment_triple_net_impairment_of_assets

Historical Data

11 periods
 Q2 '21Q3 '21Q4 '21Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$3.77M$1.49M$2.36M$3.60M$0.00$1.09M$4.99M$5.02M$0.00$616.00K$2.53M
QoQ Change-60.5%+58.2%+52.5%-100.0%+359.3%+0.7%-100.0%+311.4%
YoY Change+141.3%+38.7%-43.3%-49.2%
Range$0.00$5.02M
CAGR-14.7%
Avg YoY Growth+21.9%
Median YoY Growth-2.3%

Frequently Asked Questions

What is Welltower's triple net — impairment of assets?
Welltower (WELL) reported triple net — impairment of assets of $2.53M in Q3 2024.
How has Welltower's triple net — impairment of assets changed year-over-year?
Welltower's triple net — impairment of assets decreased by 49.2% year-over-year, from $4.99M to $2.53M.
What does triple net — impairment of assets mean?
A write-down in the value of assets that are no longer worth their recorded book value.