GBT Technologies (GTCH) Asset Writedowns and Impairment (2017 - 2021)

GBT Technologies (GTCH) reported Asset Writedowns and Impairment of $15.4 million for Q2 2021, up 15300.0% quarter-over-quarter from $100000.0 in Q1 2021.

GBT Technologies (GTCH) Asset Writedowns and Impairment (2017 - 2021) Analysis & Trends

GBT Technologies has reported Asset Writedowns and Impairment for 5 years, with the latest figure at $15.4 million in Q2 2021.

  • For the quarter ending Q2 2021, Asset Writedowns and Impairment changed N/A year-over-year to $15.4 million; the trailing twelve-month figure through Dec 2021 stood at $15.5 million (up 176.79% YoY), and the FY2021 full-year result was $15.4 million, up 175.0% from the prior year.
  • Asset Writedowns and Impairment for Q2 2021 stood at $15.4 million, up from $100000.0 in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $30.7 million in Q4 2019, with the low at $100000.0 in Q4 2020.
  • Historically, Asset Writedowns and Impairment has averaged $9.3 million across 5 years, with a median of $5.9 million in 2017.
  • Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment plunged 99.67% — and 2021, when it tumbled 98.18%.
  • GBT Technologies' Asset Writedowns and Impairment stood at $5.9 million in 2017, then advanced by 20.55% to $7.1 million in 2018, then soared by 330.88% to $30.7 million in 2019, then sank by 99.67% to $100000.0 in 2020, then surged by 15300.0% to $15.4 million in 2021.
  • The last three Asset Writedowns and Impairment figures came in at $15.4 million (Q2 2021), $100000.0 (Q1 2021), and $100000.0 (Q4 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn
10 GBT Technologies - - -

Historic Data

Download Data
DateValue
Jun 30, 2021 15.40 Mn
Jun 30, 2021 15.40 Mn
Mar 31, 2021 100,000.00
Mar 31, 2021 100,000.00
Dec 31, 2020 100,000.00
Dec 31, 2020 100,000.00
Mar 31, 2020 5.50 Mn
Mar 31, 2020 5.50 Mn
Dec 31, 2019 30.73 Mn
Dec 31, 2019 30.73 Mn
Sep 30, 2018 7.13 Mn
Sep 30, 2018 7.13 Mn
Dec 31, 2017 5.92 Mn
Dec 31, 2017 5.92 Mn