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
Download Data| Date | Value |
|---|---|
| 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 |