Growth Metrics

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

Garmin (GRMN) has disclosed Asset Writedowns and Impairment for 10 consecutive years, with -$16.9 million as the latest value for Q3 2019.

  • Quarterly Asset Writedowns and Impairment fell 2705.39% to -$16.9 million in Q3 2019 from the year-ago period, while the trailing twelve-month figure was -$15.6 million through Sep 2019, down 1167.85% year-over-year, with the annual reading at $25.9 million for FY2014, 23.99% up from the prior year.
  • Asset Writedowns and Impairment hit -$16.9 million in Q3 2019 for Garmin, down from $649000.0 in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $8.0 million in Q1 2016 to a low of -$16.9 million in Q3 2019.
  • Historically, Asset Writedowns and Impairment has averaged -$744545.5 across 5 years, with a median of $559000.0 in 2018.
  • Biggest five-year swings in Asset Writedowns and Impairment: soared 2398.41% in 2015 and later plummeted 2705.39% in 2019.
  • Year by year, Asset Writedowns and Impairment stood at $4.3 million in 2015, then crashed by 76.73% to $1.0 million in 2016, then plummeted by 80.22% to $200000.0 in 2017, then soared by 224.5% to $649000.0 in 2018, then tumbled by 2705.39% to -$16.9 million in 2019.
  • Business Quant data shows Asset Writedowns and Impairment for GRMN at -$16.9 million in Q3 2019, $649000.0 in Q3 2018, and $559000.0 in Q2 2018.