Garmin (GRMN) Asset Writedowns and Impairment (2009 - 2019)
Garmin (GRMN) posted Asset Writedowns and Impairment of $14.66 million for Q3 2019, up 144.6% from $5.99 million a year earlier.
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Analysis
Garmin (GRMN) Asset Writedowns and Impairment (2009 - 2019) Analysis & Trends
For the trailing twelve months through Sep 28, 2019, Asset Writedowns and Impairment at Garmin was $32.38 million, up 39.9% year-over-year; for FY2014, it came in at $25.9 million, up 24.0% from FY2013.
- Annual Asset Writedowns and Impairment shows a five-year compound annual growth rate of -15.8% (FY2009 to FY2014).
- In prior years, Garmin's Asset Writedowns and Impairment was $20.89 million in FY2013 (+89.9%), $11 million in FY2012 and $5.75 million in FY2010 (-90.6%).
- The Q3 2019 figure stands as the highest quarterly Asset Writedowns and Impairment since Q4 2009.
- On a year-over-year basis, Asset Writedowns and Impairment increased in three of the last four quarters, with growth averaging 52.5%.
- The strongest year-over-year quarter for Asset Writedowns and Impairment in the past five years was Q3 2019, with growth of 144.6%; the weakest was Q2 2017, with a decline of 50.7%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,075.85 Bn | 4,823.34 Bn | 54.77 Bn |
| 2 | Cisco Systems | 420.26 Bn | 356.19 Bn | 11.06 Bn |
| 3 | Dell Technologies | 296.31 Bn | 252.07 Bn | 9.83 Bn |
| 4 | Arista Networks | 218.05 Bn | 171.50 Bn | 1.91 Bn |
| 5 | Sandisk | 185.24 Bn | 173.76 Bn | 7.58 Bn |
| 6 | Sony | 156.12 Bn | 93.38 Bn | 6.53 Bn |
| 7 | Seagate Technology Holdings | 140.16 Bn | 135.15 Bn | 1.90 Bn |
| 8 | Western Digital | 118.82 Bn | 106.95 Bn | 2.03 Bn |
| 9 | Hewlett Packard Enterprise | 76.33 Bn | 54.20 Bn | 4.93 Bn |
| 10 | Garmin | 56.82 Bn | 46.18 Bn | 1.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 28, 2019 | 14.66 Mn |
| Sep 29, 2018 | 5.99 Mn |
| Jun 30, 2018 | 7.77 Mn |
| Mar 31, 2018 | 3.96 Mn |
| Sep 30, 2017 | 5.43 Mn |
| Jul 1, 2017 | 3.88 Mn |
| Apr 1, 2017 | 7.19 Mn |
| Sep 24, 2016 | 5.05 Mn |
| Jun 25, 2016 | 7.87 Mn |
| Mar 26, 2016 | 8.03 Mn |
| Mar 28, 2015 | 4.34 Mn |
| Dec 27, 2014 | 4.85 Mn |
| Sep 27, 2014 | 4.64 Mn |
| Jun 28, 2014 | 13.03 Mn |
| Mar 29, 2014 | 3.38 Mn |
| Dec 28, 2013 | 4.93 Mn |
| Jun 25, 2011 | -2.65 Mn |
| Mar 26, 2011 | -4.35 Mn |
| Dec 25, 2010 | -8.65 Mn |
| Sep 25, 2010 | 4.10 Mn |
API Access
Garmin Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "GRMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();