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

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

• In Q3 2019, Asset Writedowns and Impairment rose 144.56% year-over-year to $14.7 million; the TTM figure through Sep 2019 stood at $32.4 million (up 39.86% YoY), while the FY2014 annual figure was $25.9 million, up 23.99% from the prior year.
• Asset Writedowns and Impairment came in at $14.7 million for Q3 2019 at Garmin, up from $6.0 million in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $14.7 million in Q3 2019 to a low of $3.9 million in Q3 2017.
• Average Asset Writedowns and Impairment over 5 years is $6.7 million, with a median of $6.0 million recorded in 2018.
• Year-over-year, Asset Writedowns and Impairment slumped 50.69% in 2017 and surged 144.56% in 2019.
• Over 5 years, Asset Writedowns and Impairment stood at $4.3 million in 2015, then advanced by 16.28% to $5.1 million in 2016, then increased by 7.54% to $5.4 million in 2017, then grew by 10.35% to $6.0 million in 2018, then jumped by 144.56% to $14.7 million in 2019.
• Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $14.7 million in Q3 2019, $6.0 million in Q3 2018, and $7.8 million in Q2 2018.