Genco Shipping & Trading (GNK) Asset Writedowns and Impairment (2016 - 2019)
Genco Shipping & Trading (GNK) has disclosed Asset Writedowns and Impairment for 5 consecutive years, with $223000.0 as the latest value for Q2 2019.
- Quarterly Asset Writedowns and Impairment rose 21.2% to $223000.0 in Q2 2019 from the year-ago period, while the trailing twelve-month figure was $223000.0 through Mar 2020, up 21.2% year-over-year, with the annual reading at $223000.0 for FY2019, 99.61% down from the prior year.
- Asset Writedowns and Impairment for Q2 2019 was $223000.0 at Genco Shipping & Trading, up from $184000.0 in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $67.6 million in Q2 2016, with the low at -$28.0 million in Q4 2015.
- Average Asset Writedowns and Impairment over 5 years is $18.8 million, with a median of $11.0 million recorded in 2017.
- The sharpest move saw Asset Writedowns and Impairment plummeted 95.24% in 2016, then grew 21.2% in 2019.
- Over 5 years, Asset Writedowns and Impairment stood at -$28.0 million in 2015, then skyrocketed by 341.07% to $67.6 million in 2016, then tumbled by 72.4% to $18.7 million in 2017, then crashed by 99.01% to $184000.0 in 2018, then increased by 21.2% to $223000.0 in 2019.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods came in at $223000.0, $184000.0, and $56.4 million for Q2 2019, Q2 2018, and Q1 2018 respectively.