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| 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 |