Gen Digital (GEN) Asset Writedowns and Impairment (2009 - 2023)

Gen Digital (GEN) has reported Asset Writedowns and Impairment for 10 consecutive years, with -$1.0 million the latest figure, recorded in Q4 2023.

• Asset Writedowns and Impairment for Q4 2023 came in at -$1.0 million, changed N/A year-over-year; the trailing twelve-month figure through Dec 2023 was $34.0 million (up 161.54% YoY), and the FY2023 annual result was $25.0 million, up 92.31% from the prior year.
• Asset Writedowns and Impairment was -$1.0 million for Q4 2023 at Gen Digital, down from $30.0 million in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $85.0 million in Q3 2020 and troughed 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.
• Year-over-year, Asset Writedowns and Impairment surged 2733.33% in 2020 and tumbled 95.24% in 2021.
• Over 5 years, 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 sank by 120.0% to -$1.0 million in 2023.
• Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were -$1.0 million in Q4 2023, $30.0 million in Q1 2023, and $5.0 million in Q2 2022.