Gen Digital (GEN) Asset Writedowns and Impairment (2009 - 2023)
Gen Digital (GEN) reported Asset Writedowns and Impairment of -$1.0 million for Q4 2023, down 103.33% quarter-over-quarter from $30.0 million in Q1 2023.
Gen Digital (GEN) Asset Writedowns and Impairment (2009 - 2023) Analysis & Trends
Gen Digital has reported Asset Writedowns and Impairment for 10 years, with the latest figure at -$1.0 million in Q4 2023.
- For the quarter ending Q4 2023, Asset Writedowns and Impairment changed N/A year-over-year to -$1.0 million; the trailing twelve-month figure through Dec 2023 stood at $34.0 million (up 161.54% YoY), and the FY2023 full-year result was $25.0 million, up 92.31% from the prior year.
- Asset Writedowns and Impairment for Q4 2023 stood at -$1.0 million, down from $30.0 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $85.0 million in Q3 2020, with the low at -$1.0 million in Q4 2023.
- Historically, Asset Writedowns and Impairment has averaged $16.0 million across 5 years, with a median of $3.0 million in 2019.
- Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment soared 2733.33% — and 2021, when it sank 95.24%.
- Gen Digital's Asset Writedowns and Impairment stood at $1.0 million in 2019, then surged by 200.0% to $3.0 million in 2020, then soared by 66.67% to $5.0 million in 2021, then changed by 0.0% to $5.0 million in 2022, then slumped by 120.0% to -$1.0 million in 2023.
- The last three Asset Writedowns and Impairment figures came in at -$1.0 million (Q4 2023), $30.0 million (Q1 2023), and $5.0 million (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn |
| 10 | Gen Digital | 15.29 Bn | 14.88 Bn | 1.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 29, 2023 | -1.00 Mn |
| Dec 29, 2023 | -1.00 Mn |
| Mar 31, 2023 | 30.00 Mn |
| Mar 31, 2023 | 30.00 Mn |
| Apr 1, 2022 | 5.00 Mn |
| Apr 1, 2022 | 5.00 Mn |
| Dec 31, 2021 | 5.00 Mn |
| Dec 31, 2021 | 5.00 Mn |
| Oct 1, 2021 | 3.00 Mn |
| Oct 1, 2021 | 3.00 Mn |
| Apr 2, 2021 | 2.00 Mn |
| Apr 2, 2021 | 2.00 Mn |
| Oct 2, 2020 | 3.00 Mn |
| Oct 2, 2020 | 3.00 Mn |
| Jul 3, 2020 | 85.00 Mn |
| Jul 3, 2020 | 85.00 Mn |
| Apr 3, 2020 | 42.00 Mn |
| Apr 3, 2020 | 42.00 Mn |
| Jan 3, 2020 | 28.00 Mn |
| Jan 3, 2020 | 28.00 Mn |