Garmin (GRMN) Asset Writedowns and Impairment (2009 - 2019)

Garmin's (GRMN) quarterly Asset Writedowns and Impairment came in at $14.7 million in Q3 2019, up 240.14% year-on-year from $4.3 million in Q3 2018, and up 240.14% quarter-over-quarter from -$10.5 million in Q3 2018.

Garmin (GRMN) Asset Writedowns and Impairment (2009 - 2019) Analysis & Trends

Garmin has disclosed Asset Writedowns and Impairment across 10 years of filings, most recently posting $14.7 million for Q3 2019.

  • Asset Writedowns and Impairment for Q3 2019 came in at $14.7 million, up 240.14% year-over-year; the trailing twelve-month figure through Sep 2019 was $15.9 million (down 8.58% YoY), and the FY2014 annual result was $66000.0, down 95.75% from the prior year.
  • Asset Writedowns and Impairment came in at $14.7 million for Q3 2019 at Garmin, up from -$10.5 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $19.4 million in Q3 2016 to a low of -$10.5 million in Q3 2018.
  • The 5-year median for Asset Writedowns and Impairment is $4.3 million (2015), against an average of $5.2 million.
  • Across the five-year window, Asset Writedowns and Impairment jumped 2398.41% in 2015 and plunged 164.76% in 2018, its largest moves.
  • Garmin's Asset Writedowns and Impairment stood at $4.3 million in 2015, then soared by 346.48% to $19.4 million in 2016, then decreased by 16.72% to $16.2 million in 2017, then slumped by 164.76% to -$10.5 million in 2018, then soared by 240.14% to $14.7 million in 2019.
  • The last three Asset Writedowns and Impairment figures came in at $14.7 million (Q3 2019), -$10.5 million (Q3 2018), and $7.8 million (Q2 2018), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn
10 Sensata Technologies Holding 7.28 Bn 6.64 Bn 286.30 Mn

Historic Data

Download Data
DateValue
Sep 28, 2019 14.66 Mn
Sep 28, 2019 14.66 Mn
Sep 29, 2018 -10.46 Mn
Sep 29, 2018 -10.46 Mn
Jun 30, 2018 7.77 Mn
Jun 30, 2018 7.77 Mn
Mar 31, 2018 3.96 Mn
Mar 31, 2018 3.96 Mn
Sep 30, 2017 16.15 Mn
Sep 30, 2017 16.15 Mn
Jul 1, 2017 645,000.00
Jul 1, 2017 645,000.00
Apr 1, 2017 -294,000.00
Apr 1, 2017 -294,000.00
Sep 24, 2016 19.40 Mn
Sep 24, 2016 19.40 Mn
Jun 25, 2016 -6.48 Mn
Jun 25, 2016 -6.48 Mn
Mar 26, 2016 8.03 Mn
Mar 26, 2016 8.03 Mn