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

Cognizant Technology Solutions (CTSH) has reported Asset Writedowns and Impairment for 11 consecutive years, with $4.0 million the latest figure, recorded in Q3 2019.

• In Q3 2019, Asset Writedowns and Impairment rose 300.0% year-over-year to $4.0 million; the TTM figure through Sep 2019 stood at $34.0 million (up 325.0% YoY), while the FY2018 annual figure was $13.0 million, down 13.33% from the prior year.
• Asset Writedowns and Impairment retreated to $4.0 million in Q3 2019 per CTSH's latest filing, from $8.0 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $14.0 million in Q1 2019 and bottomed at -$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.
• Annual changes were most pronounced in 2015 — Asset Writedowns and Impairment plunged 388.24% — and 2017, when it jumped 900.0%.
• 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 slumped 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.