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Growth Metrics

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

Canopy Growth (CGC) has disclosed Asset Writedowns and Impairment for 4 consecutive years, with $7.9 million as the latest value for Q2 2023.

  • Quarterly Asset Writedowns and Impairment fell 99.42% to $7.9 million in Q2 2023 from the year-ago period, while the trailing twelve-month figure was $379.0 million through Jun 2023, down 75.59% year-over-year, with the annual reading at $1.6 billion for FY2023, 526.98% up from the prior year.
  • Asset Writedowns and Impairment hit $7.9 million in Q2 2023 for 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.
  • Historically, Asset Writedowns and Impairment has averaged $213.2 million across 4 years, with a median of $76.3 million in 2021.
  • Biggest five-year swings in Asset Writedowns and Impairment: surged 10927.04% in 2022 and later plummeted 99.42% in 2023.
  • Year by year, Asset Writedowns and Impairment stood at $270.5 million in 2020, then tumbled by 90.45% to $25.8 million in 2021, then plummeted by 69.77% to $7.8 million in 2022, then rose by 0.88% to $7.9 million in 2023.
  • Business Quant data shows Asset Writedowns and Impairment for CGC at $7.9 million in Q2 2023, $275.7 million in Q1 2023, and $7.8 million in Q4 2022.