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

Canopy Growth has reported Asset Writedowns and Impairment for 4 years, with the latest figure at $7.9 million in Q2 2023.

• Quarterly Asset Writedowns and Impairment fell 99.42% year-over-year to $7.9 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $379.0 million (down 75.59% YoY) and the FY2023 annual result came in at $1.6 billion, up 526.97% from the prior year.
• Asset Writedowns and Impairment slipped to $7.9 million in Q2 2023 per CGC's latest filing, from $275.7 million in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $1.4 billion in Q2 2022 and troughed at -$809503.1 in Q3 2021.
• A 4-year average of $209.4 million and a median of $76.3 million in 2021 frame the typical range for Asset Writedowns and Impairment.
• The sharpest annual moves came in 2022 and 2023: Asset Writedowns and Impairment jumped 10927.04% in 2022, then tumbled 99.42% in 2023.
• Over 4 years, Asset Writedowns and Impairment stood at $228.7 million in 2020, then slumped by 88.71% to $25.8 million in 2021, then plunged by 69.77% to $7.8 million in 2022, then grew by 0.88% to $7.9 million in 2023.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $7.9 million, $275.7 million, and $7.8 million for Q2 2023, Q1 2023, and Q4 2022 respectively.