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
DateValue
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