Westpac Banking (WBKCY) Asset Writedowns and Impairment (2009 - 2019)

Westpac Banking (WBKCY) has 10 years of Asset Writedowns and Impairment data on file, last reported at -$316.2 million in Q3 2019.

• For the quarter ending Q3 2019, Asset Writedowns and Impairment fell 36.34% year-over-year to -$316.2 million; the trailing twelve-month figure through Sep 2019 stood at $434.0 million (down 1.62% YoY), and the FY2018 full-year result was -$231.9 million, down 152.23% from the prior year.
• Asset Writedowns and Impairment for Q3 2019 stood at -$316.2 million, down from -$231.9 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $502.0 million in Q3 2016 and bottomed at -$316.2 million in Q3 2019.
• The 4-year median for Asset Writedowns and Impairment is $389.0 million (2015), against an average of $164.6 million.
• The widest annual swing landed in 2015, when Asset Writedowns and Impairment surged 255.34%; it then sank 36.34% in 2019.
• A 4-year view of Asset Writedowns and Impairment shows it stood at $480.0 million in 2015, then increased by 4.58% to $502.0 million in 2016, then slumped by 146.19% to -$231.9 million in 2018, then plunged by 36.34% to -$316.2 million in 2019.
• The last three Asset Writedowns and Impairment figures came in at -$316.2 million (Q3 2019), -$231.9 million (Q3 2018), and $502.0 million (Q3 2016), per Business Quant data.

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