GBT Technologies Inc. (GTCH) Asset Writedowns and Impairment (2011 - 2021)

GBT Technologies (GTCH) has 6 years of Asset Writedowns and Impairment data on file, last reported at $15.4 million in Q2 2021.

• Quarterly Asset Writedowns and Impairment changed N/A year-over-year to $15.4 million in Q2 2021, while the trailing twelve-month figure through Dec 2021 was $15.5 million (up 176.79% YoY) and the FY2021 annual result came in at $15.4 million, up 175.0% from the prior year.
• Asset Writedowns and Impairment grew to $15.4 million in Q2 2021, from $100000.0 in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $30.7 million in Q4 2019 to a low of $100000.0 in Q4 2020.
• A 5-year average of $9.3 million and a median of $5.9 million in 2017 frame the typical range for Asset Writedowns and Impairment.
• Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment plunged 99.67% — and 2021, when it tumbled 98.18%.
• Tracing GTCH's Asset Writedowns and Impairment over 5 years: 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.