Growth Metrics

Novartis Ag (NVS) Asset Writedowns and Impairment (2009 - 2023)

Novartis Ag recorded quarterly Asset Writedowns and Impairment of -$940.0 million in Q2 2023, down 252.06% quarter-over-quarter from -$267.0 million in Q2 2022, and down 252.06% year-over-year from $618.2 million in Q2 2022.

Novartis Ag's Asset Writedowns and Impairment history runs 6 years deep, the most recent figure standing at -$940.0 million for Q2 2023.

  • In Q2 2023, Asset Writedowns and Impairment fell 252.06% year-over-year to -$940.0 million; the TTM figure through Jun 2023 stood at -$940.0 million (down 252.06% YoY), while the FY2009 annual figure was -$26.0, changed N/A from the prior year.
  • Asset Writedowns and Impairment came in at -$940.0 million for Q2 2023 at Novartis Ag, down from -$267.0 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of -$267.0 million in Q2 2022 to a low of -$940.0 million in Q2 2023.
  • A 4-year average of -$511.8 million and a median of -$420.0 million in 2020 frame the typical range for Asset Writedowns and Impairment.
  • Across the five-year window, Asset Writedowns and Impairment soared 47.55% in 2021 and sank 252.06% in 2023, its largest moves.
  • Novartis Ag's Asset Writedowns and Impairment stood at -$551.0 million in 2020, then surged by 47.55% to -$289.0 million in 2021, then increased by 7.61% to -$267.0 million in 2022, then tumbled by 252.06% to -$940.0 million in 2023.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$940.0 million, -$267.0 million, and -$289.0 million for Q2 2023, Q2 2022, and Q2 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Novartis Ag 107,124,802.25 Bn 107,124,802.25 Bn -
2 Eli Lilly 969.00 Bn 963.72 Bn 16.22 Bn
3 Johnson & Johnson 539.46 Bn 517.41 Bn 15.96 Bn
4 AbbVie 376.92 Bn 367.57 Bn 10.78 Bn
5 Merck 285.00 Bn 279.35 Bn 12.09 Bn
6 Amgen 177.58 Bn 165.55 Bn 5.87 Bn
7 Gilead Sciences 163.22 Bn 155.50 Bn 5.52 Bn
8 Pfizer 145.86 Bn 133.09 Bn -1.21 Bn
9 Bristol Myers Squibb 111.90 Bn 101.44 Bn 8.07 Bn
10 Gsk 88.34 Bn 83.66 Bn -

Historic Data

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DateValue
Jun 30, 2023 -940.00 Mn
Jun 30, 2023 -940.00 Mn
Jun 30, 2022 -267.00 Mn
Jun 30, 2022 -267.00 Mn
Jun 30, 2021 -289.00 Mn
Jun 30, 2021 -289.00 Mn
Jun 30, 2020 -551.00 Mn
Jun 30, 2020 -551.00 Mn
Jun 30, 2010 82.00
Jun 30, 2010 82.00
Mar 31, 2010 65.00
Mar 31, 2010 65.00
Dec 31, 2009 -26.00
Dec 31, 2009 -26.00
Jun 30, 2009 -11.00
Jun 30, 2009 -11.00
Mar 31, 2009 16.00
Mar 31, 2009 16.00