Coinbase Global (COIN) Asset Writedowns and Impairment (2020 - 2023)

Coinbase Global (COIN) has 4 years of Asset Writedowns and Impairment data on file, last reported at $703000.0 in Q4 2023.

• Quarterly Asset Writedowns and Impairment rose 103.18% year-over-year to $703000.0 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $11.1 million (up 184.74% YoY) and the FY2023 annual result came in at $11.1 million, up 184.74% from the prior year.
• Asset Writedowns and Impairment declined to $703000.0 in Q4 2023 per COIN's latest filing, from $2.2 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $22.4 million in Q4 2021 and bottomed at -$22.1 million in Q4 2022.
• The 4-year median for Asset Writedowns and Impairment is $1.7 million (2022), against an average of $1.1 million.
• The widest annual swing landed in 2021, when Asset Writedowns and Impairment surged 52000.0%; it then slumped 239.77% in 2022.
• Tracing COIN's Asset Writedowns and Impairment over 4 years: stood at -$11.3 million in 2020, then jumped by 297.83% to $22.4 million in 2021, then slumped by 198.8% to -$22.1 million in 2022, then surged by 103.18% to $703000.0 in 2023.
• Per Business Quant, the three latest COIN Asset Writedowns and Impairment figures stand at $703000.0 (Q4 2023), $2.2 million (Q3 2023), and $2.6 million (Q2 2023).

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