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.

• Asset Writedowns and Impairment for Q3 2019 came in at $4.0 million, up 300.0% year-over-year; the trailing twelve-month figure through Sep 2019 was $34.0 million (up 325.0% YoY), and the FY2018 annual result was $13.0 million, down 13.33% from the prior year.
• Asset Writedowns and Impairment eased to $4.0 million in Q3 2019 per CTSH's latest filing, from $8.0 million in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $14.0 million in Q1 2019 and troughed at -$5.0 million in Q3 2017.
• A 5-year average of $4.0 million and a median of $3.5 million in 2015 frame the typical range for Asset Writedowns and Impairment.
• The sharpest annual moves came in 2015 and 2017: Asset Writedowns and Impairment plunged 388.24% in 2015, then jumped 900.0% in 2017.
• A 5-year view of Asset Writedowns and Impairment shows it 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 sank by 50.0% to $4.0 million in 2019.
• Business Quant data shows CTSH's Asset Writedowns and Impairment at $4.0 million in Q3 2019, $8.0 million in Q2 2019, and $14.0 million in Q1 2019.