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

Garmin has reported Asset Writedowns and Impairment for 10 years, with the latest figure at $14.7 million in Q3 2019.

• Quarterly Asset Writedowns and Impairment rose 144.56% year-over-year to $14.7 million in Q3 2019, while the trailing twelve-month figure through Sep 2019 was $32.4 million (up 39.86% YoY) and the FY2014 annual result came in at $25.9 million, up 23.99% from the prior year.
• Asset Writedowns and Impairment rose to $14.7 million in Q3 2019 per GRMN's latest filing, from $6.0 million in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $14.7 million in Q3 2019 and troughed at $3.9 million in Q3 2017.
• A 5-year average of $6.7 million and a median of $6.0 million in 2018 frame the typical range for Asset Writedowns and Impairment.
• The sharpest annual moves came in 2017 and 2019: Asset Writedowns and Impairment tumbled 50.69% in 2017, then soared 144.56% in 2019.
• Over 5 years, Asset Writedowns and Impairment stood at $4.3 million in 2015, then grew by 16.28% to $5.1 million in 2016, then gained by 7.54% to $5.4 million in 2017, then rose by 10.35% to $6.0 million in 2018, then soared by 144.56% to $14.7 million in 2019.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $14.7 million, $6.0 million, and $7.8 million for Q3 2019, Q3 2018, and Q2 2018 respectively.