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

Cisco Systems has reported Asset Writedowns and Impairment for 13 years, with the latest figure at -$2.0 million in Q3 2021.

• Quarterly Asset Writedowns and Impairment fell 106.06% year-over-year to -$2.0 million in Q3 2021, while the trailing twelve-month figure through Jul 2021 was -$6.0 million (down 106.45% YoY) and the FY2021 annual result came in at -$6.0 million, down 106.45% from the prior year.
• Asset Writedowns and Impairment slipped to -$2.0 million in Q3 2021 per CSCO's latest filing, from $6.0 million in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $50.0 million in Q4 2019 and troughed at -$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.
• The sharpest annual moves came in 2018 and 2020: Asset Writedowns and Impairment plunged 481.25% in 2018, then jumped 600.0% in 2020.
• Over 5 years, Asset Writedowns and Impairment 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 sank by 74.0% to $13.0 million in 2020, then tumbled by 115.38% to -$2.0 million in 2021.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$2.0 million, $6.0 million, and -$23.0 million for Q3 2021, Q2 2021, and Q1 2021 respectively.