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
DateValue
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