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| Date | Value |
|---|---|
| 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 |