Take Two Interactive Software (TTWO) Asset Writedowns and Impairment (2017 - 2022)

Take Two Interactive Software (TTWO) reported Asset Writedowns and Impairment of $3.4 million for Q3 2022, down 93.85% on a YoY basis from $55.3 million in Q3 2021, and down 82.91% quarter-over-quarter from $19.9 million in Q2 2022.

Take Two Interactive Software (TTWO) Asset Writedowns and Impairment (2017 - 2022) Analysis & Trends

Take Two Interactive Software has reported Asset Writedowns and Impairment for 4 years, with the latest figure at $3.4 million in Q3 2022.

  • For the quarter ending Q3 2022, Asset Writedowns and Impairment fell 93.85% year-over-year to $3.4 million; the trailing twelve-month figure through Sep 2022 stood at $28.9 million (down 65.77% YoY), and the FY2022 full-year result was $70.6 million, up 80.72% from the prior year.
  • Asset Writedowns and Impairment for Q3 2022 stood at $3.4 million, down from $19.9 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $55.3 million in Q3 2021, with the low at -$19.7 million in Q4 2020.
  • Historically, Asset Writedowns and Impairment has averaged $14.2 million across 3 years, with a median of $7.4 million in 2021.
  • Annual changes were most pronounced in 2021 — Asset Writedowns and Impairment soared 103.5% — and 2022, when it slumped 93.85%.
  • Take Two Interactive Software's Asset Writedowns and Impairment 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 Electronic Arts 50.76 Bn 47.89 Bn 1.76 Bn
2 Take Two Interactive Software 42.04 Bn 40.05 Bn 938.70 Mn
3 Roblox 34.08 Bn 30.86 Bn 1.15 Bn
4 Playtika Holding 1.32 Bn 539.18 Mn 384.10 Mn
5 Sohu.com 430.85 Mn -399.49 Mn 111.48 Mn
6 Gdev 221.62 Mn 113.30 Mn 75.00 Mn
7 Meridian Holdings 164.46 Mn 149.93 Mn 28.14 Mn
8 Skillz 132.36 Mn -27.57 Mn 25.51 Mn
9 Brag House Holdings 89.71 Mn 89.57 Mn -
10 Playstudios 70.83 Mn -32.85 Mn 37.39 Mn

Historic Data

Download Data
DateValue
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