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Growth Metrics

Cognizant Technology Solutions (CTSH) Asset Writedowns and Impairment (2016 - 2019)

Cognizant Technology Solutions has reported Asset Writedowns and Impairment over the past 11 years, most recently at $4.0 million for Q3 2019.

  • Quarterly Asset Writedowns and Impairment rose 300.0% to $4.0 million in Q3 2019 from the year-ago period, while the trailing twelve-month figure was $34.0 million through Sep 2019, up 325.0% year-over-year, with the annual reading at $13.0 million for FY2018, 13.33% down from the prior year.
  • Asset Writedowns and Impairment was $4.0 million for Q3 2019 at Cognizant Technology Solutions, down 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.
  • The 5-year median for Asset Writedowns and Impairment is $3.5 million (2015), against an average of $4.0 million.
  • Year-over-year, Asset Writedowns and Impairment plummeted 388.24% in 2015 and then skyrocketed 900.0% in 2017.
  • A 5-year view of Asset Writedowns and Impairment shows it stood at $1.6 million in 2015, then skyrocketed by 87.5% to $3.0 million in 2016, then changed by 0.0% to $3.0 million in 2017, then skyrocketed by 166.67% to $8.0 million in 2018, then crashed 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).