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Gen Digital (GEN) Asset Writedowns and Impairment (2017 - 2023)

Gen Digital filings provide 10 years of Asset Writedowns and Impairment readings, the most recent being -$1.0 million for Q4 2023.

  • Quarterly Asset Writedowns and Impairment changed N/A to -$1.0 million in Q4 2023 from the year-ago period, while the trailing twelve-month figure was $34.0 million through Dec 2023, up 161.54% year-over-year, with the annual reading at $25.0 million for FY2023, 92.31% up from the prior year.
  • Asset Writedowns and Impairment hit -$1.0 million in Q4 2023 for Gen Digital, down from $30.0 million in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $85.0 million in Q3 2020 and bottomed at -$1.0 million in Q4 2023.
  • Average Asset Writedowns and Impairment over 5 years is $16.0 million, with a median of $3.0 million recorded in 2019.
  • The largest annual shift saw Asset Writedowns and Impairment skyrocketed 2733.33% in 2020 before it tumbled 95.24% in 2021.
  • Gen Digital's Asset Writedowns and Impairment stood at $1.0 million in 2019, then soared by 200.0% to $3.0 million in 2020, then skyrocketed by 66.67% to $5.0 million in 2021, then changed by 0.0% to $5.0 million in 2022, then plummeted by 120.0% to -$1.0 million in 2023.
  • Per Business Quant, the three most recent readings for GEN's Asset Writedowns and Impairment are -$1.0 million (Q4 2023), $30.0 million (Q1 2023), and $5.0 million (Q2 2022).