Cisco Systems (CSCO) Asset Writedowns and Impairment (2009 - 2021)

Cisco Systems (CSCO) reported Asset Writedowns and Impairment of -$2.0 million for Q3 2021, down 106.06% on a YoY basis from $33.0 million in Q3 2020, and down 133.33% sequentially from $6.0 million in Q2 2021.

Cisco Systems (CSCO) Asset Writedowns and Impairment (2009 - 2021) Analysis & Trends

Cisco Systems (CSCO) has 13 years of Asset Writedowns and Impairment data on file, last reported at -$2.0 million in Q3 2021.

  • For the quarter ending Q3 2021, Asset Writedowns and Impairment fell 106.06% year-over-year to -$2.0 million; the trailing twelve-month figure through Jul 2021 stood at -$6.0 million (down 106.45% YoY), and the FY2021 full-year result was -$6.0 million, down 106.45% from the prior year.
  • Asset Writedowns and Impairment slipped to -$2.0 million in Q3 2021, from $6.0 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $50.0 million in Q4 2019 to a low of -$61.0 million in Q2 2018.
  • A 5-year average of -$1.6 million and a median of $2.0 million in 2019 frame the typical range for Asset Writedowns and Impairment.
  • Across the five-year window, Asset Writedowns and Impairment slumped 481.25% in 2018 and surged 600.0% in 2020, its largest moves.
  • Tracing CSCO's Asset Writedowns and Impairment over 5 years: stood at -$17.0 million in 2017, then jumped by 147.06% to $8.0 million in 2018, then jumped by 525.0% to $50.0 million in 2019, then slumped by 74.0% to $13.0 million in 2020, then plunged by 115.38% to -$2.0 million in 2021.
  • Business Quant data shows CSCO's Asset Writedowns and Impairment at -$2.0 million in Q3 2021, $6.0 million in Q2 2021, and -$23.0 million in Q1 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Cisco Systems 450.21 Bn 433.57 Bn 10.08 Bn
2 Motorola Solutions 70.44 Bn 69.56 Bn 1.36 Bn
3 Hewlett Packard Enterprise 62.93 Bn 58.09 Bn 9.10 Bn
4 Ciena 52.27 Bn 50.98 Bn 625.52 Mn
5 Lumentum Holdings 50.43 Bn 47.26 Bn 357.00 Mn
6 Nokia 48.82 Bn 41.52 Bn 9.86 Bn
7 Ubiquiti 32.13 Bn 31.76 Bn 370.71 Mn
8 Ericsson Lm Telephone 31.92 Bn 26.24 Bn 2.53 Bn
9 AST SpaceMobile 16.51 Bn 16.51 Bn 3.67 Mn
10 Zebra Technologies 12.90 Bn 12.79 Bn 742.00 Mn

Historic Data

Download Data
DateValue
Jul 31, 2021 -2.00 Mn
Jul 31, 2021 -2.00 Mn
May 1, 2021 6.00 Mn
May 1, 2021 6.00 Mn
Jan 23, 2021 -23.00 Mn
Jan 23, 2021 -23.00 Mn
Oct 24, 2020 13.00 Mn
Oct 24, 2020 13.00 Mn
Jul 25, 2020 33.00 Mn
Jul 25, 2020 33.00 Mn
Apr 25, 2020 14.00 Mn
Apr 25, 2020 14.00 Mn
Jan 25, 2020 -4.00 Mn
Jan 25, 2020 -4.00 Mn
Oct 26, 2019 50.00 Mn
Oct 26, 2019 50.00 Mn
Jul 27, 2019 8.00 Mn
Jul 27, 2019 8.00 Mn
Apr 27, 2019 2.00 Mn
Apr 27, 2019 2.00 Mn