TURB (Turbo Energy) Asset Impairment Charge : $0.24 Mil (TTM As of Jun. 2024)

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What is Turbo Energy Asset Impairment Charge?

Turbo Energy's Asset Impairment Charge for the six months ended in Jun. 2024 was $0.15 Mil. Its Asset Impairment Charge for the trailing twelve months (TTM) ended in Jun. 2024 was $0.24 Mil.

Turbo Energy Asset Impairment Charge Historical Data

The historical data trend for Turbo Energy's Asset Impairment Charge can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Turbo Energy Asset Impairment Charge Chart

Turbo Energy Annual Data

Trend

Dec21

Dec22

Dec23

Asset Impairment Charge

0.12

0.02

0.09

Turbo Energy Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Asset Impairment Charge	Get a 7-Day Free Trial			-0.01	0.03	0.01	0.09	0.15

Turbo Energy Asset Impairment Charge Calculation

Asset Impairment Charge is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Asset Impairment Charge for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.24 Mil.

Turbo Energy Asset Impairment Charge Related Terms

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Turbo Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Turbo Energy SA (NAS:TURB) » Definitions » Asset Impairment Charge

Traded in Other Exchanges

X8WA:Germany

Address

Isabel la Catolica Street, 8, Offices 50-51, Valencia, ESP, 46004

Website

https://www.turbo-e.com

Turbo Energy SA is a company that specializes in designing, developing, and distributing equipment for the generation, management, and storage of photovoltaic energy. The company's primary activities include acquiring, distributing, and selling electrical and electronic materials for renewable energy projects, such as solar panels, inverters, chargers, regulators, batteries, and structures. The storage products are managed through a software system optimized by artificial intelligence, which is controlled from the cloud and through the installation inverter. Turbo Energy sells inverters, batteries, and photovoltaic modules to installers and other distributors for residential consumers in Spain.