ATA Creativity Global (AACG) Asset Writedowns and Impairment (2016 - 2020)

ATA Creativity Global (AACG) has reported Asset Writedowns and Impairment for 4 consecutive years, with -$22989.0 the latest figure, recorded in Q4 2020.

• In Q4 2020, Asset Writedowns and Impairment rose 99.22% year-over-year to -$22989.0; the TTM figure through Dec 2020 stood at -$5.2 million (changed 0.45% YoY), while the FY2025 annual figure was $242566.0, changed N/A from the prior year.
• Asset Writedowns and Impairment improved to -$22989.0 in Q4 2020 per AACG's latest filing, from -$3.0 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $3.3 million in Q3 2016 and bottomed at -$3.0 million in Q4 2019.
• Historically, Asset Writedowns and Impairment has averaged -$361701.4 across 4 years, with a median of -$145737.4 in 2016.
• Annual changes were most pronounced in 2017 — Asset Writedowns and Impairment soared 137.61% — and 2020, when it jumped 99.22%.
• ATA Creativity Global's Asset Writedowns and Impairment stood at $3.3 million in 2016, then tumbled by 170.02% to -$2.3 million in 2017, then retreated by 28.91% to -$3.0 million in 2019, then surged by 99.22% to -$22989.0 in 2020.
• Business Quant data shows AACG's Asset Writedowns and Impairment at -$22989.0 in Q4 2020, -$3.0 million in Q4 2019, and -$2.3 million in Q4 2017.