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Synchronoss Technologies (SNCR) Asset Writedowns and Impairment: 2019-2024

Historic Asset Writedowns and Impairment for Synchronoss Technologies (SNCR) over the last 2 years, with Dec 2024 value amounting to $371,000.

  • Synchronoss Technologies' Asset Writedowns and Impairment rose 336.31% to $371,000 in Q4 2024 from the same period last year, while for Dec 2024 it was $2.2 million, marking a year-over-year increase of 31.94%. This contributed to the annual value of $2.5 million for FY2024, which is 32.12% up from last year.
  • As of Q4 2024, Synchronoss Technologies' Asset Writedowns and Impairment stood at $371,000, which was up 422.61% from -$115,000 recorded in Q3 2024.
  • Over the past 5 years, Synchronoss Technologies' Asset Writedowns and Impairment peaked at $5.1 million during Q3 2020, and registered a low of -$882,000 during Q4 2020.
  • Moreover, its 3-year median value for Asset Writedowns and Impairment was -$3,000 (2023), whereas its average is $335,571.
  • Per our database at Business Quant, Synchronoss Technologies' Asset Writedowns and Impairment slumped by 141.23% in 2022 and then spiked by 875.37% in 2023.
  • Quarterly analysis of 5 years shows Synchronoss Technologies' Asset Writedowns and Impairment stood at -$882,000 in 2020, then spiked by 50.00% to -$441,000 in 2021, then plummeted by 141.23% to -$268,000 in 2022, then spiked by 875.37% to -$157,000 in 2023, then spiked by 336.31% to $371,000 in 2024.
  • Its last three reported values are $371,000 in Q4 2024, -$115,000 for Q3 2024, and -$157,000 during Q4 2023.