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Gap (GAP) Asset Writedowns and Impairment (2016 - 2024)

Historic Asset Writedowns and Impairment for Gap (GAP) over the last 8 years, with Q1 2024 value amounting to $2.0 million.

  • Gap's Asset Writedowns and Impairment fell 8823.53% to $2.0 million in Q1 2024 from the same period last year, while for Feb 2024 it was $4.0 million, marking a year-over-year decrease of 8787.88%. This contributed to the annual value of $1.0 million for FY2025, which is 7500.0% down from last year.
  • Gap's Asset Writedowns and Impairment amounted to $2.0 million in Q1 2024, which was down 8823.53% from $1.0 million recorded in Q3 2023.
  • Over the past 5 years, Gap's Asset Writedowns and Impairment peaked at $360.0 million during Q2 2020, and registered a low of $1.0 million during Q3 2021.
  • For the 5-year period, Gap's Asset Writedowns and Impairment averaged around $55.4 million, with its median value being $4.0 million (2021).
  • In the last 5 years, Gap's Asset Writedowns and Impairment plummeted by 9861.11% in 2021 and then skyrocketed by 75000.0% in 2023.
  • Quarter analysis of 5 years shows Gap's Asset Writedowns and Impairment stood at $360.0 million in 2020, then tumbled by 99.72% to $1.0 million in 2021, then soared by 1200.0% to $13.0 million in 2022, then plummeted by 92.31% to $1.0 million in 2023, then soared by 100.0% to $2.0 million in 2024.
  • Its Asset Writedowns and Impairment stands at $2.0 million for Q1 2024, versus $1.0 million for Q3 2023 and $1.0 million for Q2 2023.