Cognizant Technology Solutions (CTSH) Asset Writedowns and Impairment (2009 - 2019)

Cognizant Technology Solutions (CTSH) has 11 years of Asset Writedowns and Impairment data on file, last reported at $4.0 million in Q3 2019.

• On a quarterly basis, Asset Writedowns and Impairment rose 300.0% year-over-year to $4.0 million in Q3 2019; TTM through Sep 2019 was $34.0 million, a 325.0% increase from a year earlier, with the FY2018 full-year figure at $13.0 million, down 13.33% from the prior year.
• Asset Writedowns and Impairment for Q3 2019 stood at $4.0 million, down from $8.0 million in the prior quarter.
• Over the last five years, Asset Writedowns and Impairment for CTSH reached as high as $14.0 million in Q1 2019 and fell as low as -$5.0 million in Q3 2017.
• Historically, Asset Writedowns and Impairment has averaged $4.0 million across 5 years, with a median of $3.5 million in 2015.
• Across the five-year window, Asset Writedowns and Impairment slumped 388.24% in 2015 and surged 900.0% in 2017, its largest moves.
• Year by year, Asset Writedowns and Impairment stood at $1.6 million in 2015, then jumped by 87.5% to $3.0 million in 2016, then changed by 0.0% to $3.0 million in 2017, then jumped by 166.67% to $8.0 million in 2018, then slumped by 50.0% to $4.0 million in 2019.
• Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $4.0 million in Q3 2019, $8.0 million in Q2 2019, and $14.0 million in Q1 2019.