Growth Metrics

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

Gap's Asset Writedowns and Impairment history spans 8 years, with the latest figure at $1.0 million for Q1 2024.

  • On a quarterly basis, Asset Writedowns and Impairment fell 95.65% to $1.0 million in Q1 2024 year-over-year; TTM through Feb 2024 was $3.0 million, a 90.91% decrease, with the full-year FY2024 number at $3.0 million, down 90.91% from a year prior.
  • Asset Writedowns and Impairment hit $1.0 million in Q1 2024 for Gap, roughly flat from $1.0 million in the prior quarter.
  • Over the last five years, Asset Writedowns and Impairment for GAP hit a ceiling of $238.0 million in Q1 2020 and a floor of -$4.0 million in Q3 2021.
  • Historically, Asset Writedowns and Impairment has averaged $37.0 million across 5 years, with a median of $5.0 million in 2021.
  • Biggest five-year swings in Asset Writedowns and Impairment: tumbled 96.64% in 2021 and later tumbled 40.0% in 2022.
  • Tracing GAP's Asset Writedowns and Impairment over 5 years: stood at $124.0 million in 2020, then tumbled by 103.23% to -$4.0 million in 2021, then skyrocketed by 275.0% to $7.0 million in 2022, then crashed by 85.71% to $1.0 million in 2023, then changed by 0.0% to $1.0 million in 2024.
  • Business Quant data shows Asset Writedowns and Impairment for GAP at $1.0 million in Q1 2024, $1.0 million in Q3 2023, and $1.0 million in Q2 2023.