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Canopy Growth (CGC) Asset Writedowns and Impairment: 2020-2023

Historic Asset Writedowns and Impairment for Canopy Growth (CGC) over the last 2 years, with Jun 2023 value amounting to $7.9 million.

  • Canopy Growth's Asset Writedowns and Impairment fell 99.42% to $7.9 million in Q2 2023 from the same period last year, while for Jun 2023 it was $381.6 million, marking a year-over-year decrease of 75.43%. This contributed to the annual value of $1.7 billion for FY2023, which is 534.87% up from last year.
  • Latest data reveals that Canopy Growth reported Asset Writedowns and Impairment of $7.9 million as of Q2 2023, which was down 97.14% from $275.7 million recorded in Q1 2023.
  • Over the past 5 years, Canopy Growth's Asset Writedowns and Impairment peaked at $1.4 billion during Q2 2022, and registered a low of -$809,503 during Q3 2021.
  • In the last 3 years, Canopy Growth's Asset Writedowns and Impairment had a median value of $71.4 million in 2021 and averaged $207.7 million.
  • Per our database at Business Quant, Canopy Growth's Asset Writedowns and Impairment soared by 10,927.04% in 2022 and then plummeted by 99.42% in 2023.
  • Quarterly analysis of 4 years shows Canopy Growth's Asset Writedowns and Impairment stood at $270.5 million in 2020, then slumped by 90.45% to $25.8 million in 2021, then slumped by 59.87% to $10.4 million in 2022, then tumbled by 99.42% to $7.9 million in 2023.
  • Its last three reported values are $7.9 million in Q2 2023, $275.7 million for Q1 2023, and $10.4 million during Q4 2022.