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

Take Two Interactive Software (TTWO) has reported Asset Writedowns and Impairment for 4 consecutive years, with $3.4 million the latest figure, recorded 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 fell to $3.4 million in Q3 2022 per TTWO's latest filing, from $19.9 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $55.3 million in Q3 2021 and bottomed 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.
• The sharpest annual moves came in 2021 and 2022: Asset Writedowns and Impairment jumped 103.5% in 2021, then tumbled 93.85% in 2022.
• Over 3 years, Asset Writedowns and Impairment stood at -$19.7 million in 2020, then soared by 103.5% to $689000.0 in 2021, then surged by 393.47% to $3.4 million in 2022.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $3.4 million, $19.9 million, and $4.9 million for Q3 2022, Q2 2022, and Q1 2022 respectively.