Cadence Design Systems (CDNS) Asset Writedowns and Impairment (2009 - 2024)

Cadence Design Systems (CDNS) has reported Asset Writedowns and Impairment for 13 consecutive years, with $954000.0 the latest figure, recorded in Q4 2024.

• For the quarter ending Q4 2024, Asset Writedowns and Impairment fell 41.58% year-over-year to $954000.0; the trailing twelve-month figure through Dec 2024 stood at $2.1 million (down 37.5% YoY), and the FY2024 full-year result was $2.1 million, down 37.5% from the prior year.
• Asset Writedowns and Impairment rose to $954000.0 in Q4 2024 per CDNS's latest filing, from $510000.0 in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $1.6 million in Q4 2023 and bottomed at -$562000.0 in Q1 2022.
• Historically, Asset Writedowns and Impairment has averaged $365235.3 across 5 years, with a median of $338000.0 in 2022.
• The sharpest annual moves came in 2022 and 2023: Asset Writedowns and Impairment slumped 546.75% in 2022, then surged 711.61% in 2023.
• Over 5 years, Asset Writedowns and Impairment stood at $165000.0 in 2020, then tumbled by 53.33% to $77000.0 in 2021, then plunged by 446.75% to -$267000.0 in 2022, then soared by 711.61% to $1.6 million in 2023, then plunged by 41.58% to $954000.0 in 2024.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $954000.0, $510000.0, and $456000.0 for Q4 2024, Q3 2024, and Q2 2024 respectively.