Quest Diagnostics (DGX) Asset Writedowns and Impairment (2009 - 2019)
Quest Diagnostics (DGX) posted Asset Writedowns and Impairment of $2.0 million for Q4 2019, down 50.0% sequentially from $4.0 million in Q3 2019, and down 50.0% YoY from $4.0 million in Q4 2018.
Quest Diagnostics (DGX) Asset Writedowns and Impairment (2009 - 2019) Analysis & Trends
Quest Diagnostics has reported Asset Writedowns and Impairment for 11 years, with the latest figure at $2.0 million in Q4 2019.
- Quarterly Asset Writedowns and Impairment fell 50.0% year-over-year to $2.0 million in Q4 2019, while the trailing twelve-month figure through Dec 2019 was $11.0 million (up 83.33% YoY) and the FY2024 annual result came in at $5.0 million, up 400.0% from the prior year.
- Asset Writedowns and Impairment slipped to $2.0 million in Q4 2019 per DGX's latest filing, from $4.0 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $86.0 million in Q1 2016 and troughed at -$235.0 million in Q4 2016.
- A 5-year average of $16.4 million and a median of $3.5 million in 2017 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2016 and 2019: Asset Writedowns and Impairment sank 461.54% in 2016, then surged 133.33% in 2019.
- Over 5 years, Asset Writedowns and Impairment stood at $65.0 million in 2015, then tumbled by 461.54% to -$235.0 million in 2016, then soared by 101.28% to $3.0 million in 2017, then jumped by 33.33% to $4.0 million in 2018, then slumped by 50.0% to $2.0 million in 2019.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $2.0 million, $4.0 million, and $1.0 million for Q4 2019, Q3 2019, and Q2 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn |
| 10 | Quest Diagnostics | 27.10 Bn | 26.47 Bn | 1.03 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | 2.00 Mn |
| Dec 31, 2019 | 2.00 Mn |
| Sep 30, 2019 | 4.00 Mn |
| Sep 30, 2019 | 4.00 Mn |
| Jun 30, 2019 | 1.00 Mn |
| Jun 30, 2019 | 1.00 Mn |
| Mar 31, 2019 | 4.00 Mn |
| Mar 31, 2019 | 4.00 Mn |
| Dec 31, 2018 | 4.00 Mn |
| Dec 31, 2018 | 4.00 Mn |
| Sep 30, 2018 | 2.00 Mn |
| Sep 30, 2018 | 2.00 Mn |
| Jun 30, 2018 | -3.00 Mn |
| Jun 30, 2018 | -3.00 Mn |
| Mar 31, 2018 | 3.00 Mn |
| Mar 31, 2018 | 3.00 Mn |
| Dec 31, 2017 | 3.00 Mn |
| Dec 31, 2017 | 3.00 Mn |
| Sep 30, 2017 | 1.00 Mn |
| Sep 30, 2017 | 1.00 Mn |