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

Historic Asset Writedowns and Impairment for Gen Digital (GEN) over the last 6 years, with Dec 2023 value amounting to -$1.0 million.

  • Gen Digital's Asset Writedowns and Impairment was N/A to -$1.0 million in Q4 2023 from the same period last year, while for Dec 2023 it was $39.0 million, marking a year-over-year change of. This contributed to the annual value of $25.0 million for FY2023, which is 92.31% up from last year.
  • Per Gen Digital's latest filing, its Asset Writedowns and Impairment stood at -$1.0 million for Q4 2023, which was down 103.33% from $30.0 million recorded in Q1 2023.
  • Gen Digital's 5-year Asset Writedowns and Impairment high stood at $85.0 million for Q3 2020, and its period low was -$1.0 million during Q4 2023.
  • Its 3-year average for Asset Writedowns and Impairment is $7.3 million, with a median of $4.0 million in 2021.
  • Per our database at Business Quant, Gen Digital's Asset Writedowns and Impairment spiked by 2,733.33% in 2020 and then tumbled by 95.24% in 2021.
  • Quarterly analysis of 5 years shows Gen Digital's Asset Writedowns and Impairment stood at $1.0 million in 2019, then surged by 200.00% to $3.0 million in 2020, then remained steady at $5.0 million in 2021, then skyrocketed by 150.00% to $5.0 million in 2022, then surged by 500.00% to -$1.0 million in 2023.
  • Its Asset Writedowns and Impairment was -$1.0 million in Q4 2023, compared to $30.0 million in Q1 2023 and $5.0 million in Q2 2022.