Garmin (GRMN) Asset Writedowns and Impairment (2009 - 2019)
Garmin (GRMN) posted Asset Writedowns and Impairment of $14.7 million for Q3 2019, up 240.14% sequentially from -$10.5 million in Q3 2018, and up 240.14% YoY from $4.3 million in Q3 2018.
Garmin (GRMN) Asset Writedowns and Impairment (2009 - 2019) Analysis & Trends
Garmin (GRMN) has 10 years of Asset Writedowns and Impairment data on file, last reported at $14.7 million in Q3 2019.
- Quarterly Asset Writedowns and Impairment rose 240.14% year-over-year to $14.7 million in Q3 2019, while the trailing twelve-month figure through Sep 2019 was $15.9 million (down 8.58% YoY) and the FY2014 annual result came in at $66000.0, down 95.75% from the prior year.
- Asset Writedowns and Impairment rose to $14.7 million in Q3 2019 per GRMN's latest filing, from -$10.5 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $19.4 million in Q3 2016, with the low at -$10.5 million in Q3 2018.
- Average Asset Writedowns and Impairment over 5 years is $5.2 million, with a median of $4.3 million recorded in 2015.
- Year-over-year, Asset Writedowns and Impairment surged 2398.41% in 2015 and slumped 164.76% in 2018.
- 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 declined by 16.72% to $16.2 million in 2017, then tumbled by 164.76% to -$10.5 million in 2018, then soared by 240.14% to $14.7 million in 2019.
- Business Quant data shows GRMN's Asset Writedowns and Impairment at $14.7 million in Q3 2019, -$10.5 million in Q3 2018, and $7.8 million in Q2 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 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 |