Growth Metrics

Garmin (GRMN) Asset Writedowns and Impairment (2016 - 2019)

Garmin's Asset Writedowns and Impairment history spans 10 years, with the latest figure at $14.7 million for Q3 2019.

  • On a quarterly basis, Asset Writedowns and Impairment rose 240.14% to $14.7 million in Q3 2019 year-over-year; TTM through Sep 2019 was $15.9 million, a 8.58% decrease, with the full-year FY2014 number at $66000.0, down 95.75% from a year prior.
  • Asset Writedowns and Impairment hit $14.7 million in Q3 2019 for Garmin, up from -$10.5 million in the prior quarter.
  • Over the last five years, Asset Writedowns and Impairment for GRMN hit a ceiling of $19.4 million in Q3 2016 and a floor of -$10.5 million in Q3 2018.
  • Historically, Asset Writedowns and Impairment has averaged $5.2 million across 5 years, with a median of $4.3 million in 2015.
  • Biggest five-year swings in Asset Writedowns and Impairment: soared 2398.41% in 2015 and later crashed 164.76% in 2018.
  • Tracing GRMN's Asset Writedowns and Impairment over 5 years: stood at $4.3 million in 2015, then skyrocketed by 346.48% to $19.4 million in 2016, then fell by 16.72% to $16.2 million in 2017, then crashed by 164.76% to -$10.5 million in 2018, then skyrocketed by 240.14% to $14.7 million in 2019.
  • Business Quant data shows Asset Writedowns and Impairment for GRMN at $14.7 million in Q3 2019, -$10.5 million in Q3 2018, and $7.8 million in Q2 2018.