New Gold Inc. /FI (NGD) Asset Writedowns and Impairment (2012 - 2020)

New Gold (NGD) has reported Asset Writedowns and Impairment for 6 consecutive years, with -$2.7 million the latest figure, recorded in Q2 2020.

• In Q2 2020, Asset Writedowns and Impairment changed N/A year-over-year to -$2.7 million; the TTM figure through Jun 2020 stood at -$349.7 million (changed N/A YoY), while the FY2025 annual figure was -$501.4 million, changed N/A from the prior year.
• Asset Writedowns and Impairment eased to -$2.7 million in Q2 2020 per NGD's latest filing, from $19.8 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $383.7 million in Q2 2018 and bottomed at -$366.8 million in Q4 2018.
• Historically, Asset Writedowns and Impairment has averaged $42.0 million across 5 years, with a median of $10.0 million in 2017.
• Annual changes were most pronounced in 2017 — Asset Writedowns and Impairment jumped 697.03% — and 2018, when it plunged 236.56%.
• New Gold's Asset Writedowns and Impairment stood at $33.7 million in 2016, then surged by 697.03% to $268.6 million in 2017, then slumped by 236.56% to -$366.8 million in 2018, then soared by 105.4% to $19.8 million in 2019, then plunged by 113.64% to -$2.7 million in 2020.
• Business Quant data shows NGD's Asset Writedowns and Impairment at -$2.7 million in Q2 2020, $19.8 million in Q4 2019, and -$366.8 million in Q4 2018.