Cognizant Technology Solutions (CTSH) Asset Writedowns and Impairment (2016 - 2019)
Cognizant Technology Solutions (CTSH) has disclosed Asset Writedowns and Impairment for 11 consecutive years, with $4.0 million as the latest value for Q3 2019.
- On a quarterly basis, Asset Writedowns and Impairment rose 300.0% to $4.0 million in Q3 2019 year-over-year; TTM through Sep 2019 was $34.0 million, a 325.0% increase, with the full-year FY2018 number at $13.0 million, down 13.33% from a year prior.
- Asset Writedowns and Impairment was $4.0 million for Q3 2019 at Cognizant Technology Solutions, down from $8.0 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $14.0 million in Q1 2019 to a low of -$5.0 million in Q3 2017.
- A 5-year average of $4.0 million and a median of $3.5 million in 2015 define the central range for Asset Writedowns and Impairment.
- Peak YoY movement for Asset Writedowns and Impairment: plummeted 388.24% in 2015, then skyrocketed 900.0% in 2017.
- Cognizant Technology Solutions' Asset Writedowns and Impairment stood at $1.6 million in 2015, then surged by 87.5% to $3.0 million in 2016, then changed by 0.0% to $3.0 million in 2017, then surged by 166.67% to $8.0 million in 2018, then plummeted by 50.0% to $4.0 million in 2019.
- Per Business Quant, the three most recent readings for CTSH's Asset Writedowns and Impairment are $4.0 million (Q3 2019), $8.0 million (Q2 2019), and $14.0 million (Q1 2019).