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

Canopy Growth's (CGC) quarterly Asset Writedowns and Impairment came in at $7.9 million in Q2 2023, down 99.42% year-on-year from $1.4 billion in Q2 2022, and down 97.14% quarter-over-quarter from $275.7 million in Q1 2023.

Canopy Growth (CGC) Asset Writedowns and Impairment (2020 - 2023) Analysis & Trends

Canopy Growth has disclosed Asset Writedowns and Impairment across 4 years of filings, most recently posting $7.9 million for Q2 2023.

  • Asset Writedowns and Impairment for Q2 2023 came in at $7.9 million, down 99.42% year-over-year; the trailing twelve-month figure through Jun 2023 was $379.0 million (down 75.59% YoY), and the FY2023 annual result was $1.6 billion, up 526.97% from the prior year.
  • Asset Writedowns and Impairment came in at $7.9 million for Q2 2023 at Canopy Growth, down from $275.7 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $1.4 billion in Q2 2022 to a low of -$809503.1 in Q3 2021.
  • The 4-year median for Asset Writedowns and Impairment is $66.5 million (2021), against an average of $192.4 million.
  • Across the five-year window, Asset Writedowns and Impairment surged 10927.04% in 2022 and tumbled 99.42% in 2023, its largest moves.
  • Canopy Growth's Asset Writedowns and Impairment stood at $41.7 million in 2020, then sank by 38.12% to $25.8 million in 2021, then plunged by 69.77% to $7.8 million in 2022, then advanced by 0.88% to $7.9 million in 2023.
  • The last three Asset Writedowns and Impairment figures came in at $7.9 million (Q2 2023), $275.7 million (Q1 2023), and $7.8 million (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn
10 Canopy Growth 11.38 Mn -137.31 Mn 15.39 Mn

Historic Data

Download Data
DateValue
Jun 30, 2023 7.88 Mn
Jun 30, 2023 7.88 Mn
Mar 31, 2023 275.71 Mn
Mar 31, 2023 275.71 Mn
Dec 31, 2022 7.81 Mn
Dec 31, 2022 7.81 Mn
Sep 30, 2022 87.65 Mn
Sep 30, 2022 87.65 Mn
Jun 30, 2022 1.35 Bn
Jun 30, 2022 1.35 Bn
Mar 31, 2022 173.45 Mn
Mar 31, 2022 173.45 Mn
Dec 31, 2021 25.83 Mn
Dec 31, 2021 25.83 Mn
Sep 30, 2021 -809,503.09
Sep 30, 2021 -809,503.09
Jun 30, 2021 66.47 Mn
Jun 30, 2021 66.47 Mn
Mar 31, 2021 76.32 Mn
Mar 31, 2021 76.32 Mn