Take Two Interactive Software (TTWO) Asset Writedowns and Impairment (2017 - 2022)
Take Two Interactive Software's (TTWO) quarterly Asset Writedowns and Impairment came in at $3.4 million in Q3 2022, down 93.85% YoY from $55.3 million in Q3 2021, and down 82.91% on a QoQ basis from $19.9 million in Q2 2022.
Take Two Interactive Software (TTWO) Asset Writedowns and Impairment (2017 - 2022) Analysis & Trends
Take Two Interactive Software (TTWO) has 4 years of Asset Writedowns and Impairment data on file, last reported at $3.4 million in Q3 2022.
- Quarterly Asset Writedowns and Impairment fell 93.85% year-over-year to $3.4 million in Q3 2022, while the trailing twelve-month figure through Sep 2022 was $28.9 million (down 65.77% YoY) and the FY2022 annual result came in at $70.6 million, up 80.72% from the prior year.
- Asset Writedowns and Impairment slipped to $3.4 million in Q3 2022, from $19.9 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $55.3 million in Q3 2021 to a low of -$19.7 million in Q4 2020.
- A 3-year average of $14.2 million and a median of $7.4 million in 2021 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2021 — Asset Writedowns and Impairment soared 103.5% — and 2022, when it slumped 93.85%.
- Tracing TTWO's Asset Writedowns and Impairment over 3 years: stood at -$19.7 million in 2020, then jumped by 103.5% to $689000.0 in 2021, then soared by 393.47% to $3.4 million in 2022.
- The last three Asset Writedowns and Impairment figures came in at $3.4 million (Q3 2022), $19.9 million (Q2 2022), and $4.9 million (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | NetEase | 81.78 Bn | -13,107,903.63 Bn | 3.06 Bn |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn |
| 3 | Take Two Interactive Software | 44.71 Bn | 42.88 Bn | 882.50 Mn |
| 4 | Roblox | 27.61 Bn | 24.60 Bn | 1.18 Bn |
| 5 | Playtika Holding | 900.12 Mn | 461.62 Mn | 538.20 Mn |
| 6 | DoubleDown Interactive | 637.75 Mn | 182.53 Mn | 71.22 Mn |
| 7 | Gravity | 496.85 Mn | 496.41 Mn | 34,891.11 |
| 8 | Sohu.com | 359.34 Mn | -473.63 Mn | 106.58 Mn |
| 9 | Gdev | 196.54 Mn | 196.54 Mn | - |
| 10 | Meridian Holdings | 179.08 Mn | 161.77 Mn | 26.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 3.40 Mn |
| Sep 30, 2022 | 3.40 Mn |
| Jun 30, 2022 | 19.90 Mn |
| Jun 30, 2022 | 19.90 Mn |
| Mar 31, 2022 | 4.92 Mn |
| Mar 31, 2022 | 4.92 Mn |
| Dec 31, 2021 | 689,000.00 |
| Dec 31, 2021 | 689,000.00 |
| Sep 30, 2021 | 55.28 Mn |
| Sep 30, 2021 | 55.28 Mn |
| Jun 30, 2021 | 9.80 Mn |
| Jun 30, 2021 | 9.80 Mn |
| Mar 31, 2021 | 39.07 Mn |
| Mar 31, 2021 | 39.07 Mn |
| Dec 31, 2020 | -19.70 Mn |
| Dec 31, 2020 | -19.70 Mn |
| Sep 30, 2017 | 11.26 Mn |
| Sep 30, 2017 | 11.26 Mn |