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

Cadence Design Systems has reported Asset Writedowns and Impairment for 13 years, with the latest figure at $954000.0 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 for Q4 2024 stood at $954000.0, up from $510000.0 in the prior quarter.
• The five-year high for Asset Writedowns and Impairment was $1.6 million in Q4 2023, with the low 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.
• Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment sank 546.75% — and 2023, when it jumped 711.61%.
• Cadence Design Systems' Asset Writedowns and Impairment stood at $165000.0 in 2020, then sank by 53.33% to $77000.0 in 2021, then slumped by 446.75% to -$267000.0 in 2022, then jumped by 711.61% to $1.6 million in 2023, then slumped by 41.58% to $954000.0 in 2024.
• The last three Asset Writedowns and Impairment figures came in at $954000.0 (Q4 2024), $510000.0 (Q3 2024), and $456000.0 (Q2 2024), per Business Quant data.