Discontinued — last reported Q4 '24

Business Segments · Impairments

Refining — Impairments

Year-over-year, this metric declined by 100.0%, from $11.00M to $0.00. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ3 2020
Last reportedQ4 2024

How to read this metric

High impairment charges signal poor asset performance, technological obsolescence, or unfavorable market conditions.

Detailed definition

Non-cash charges recognized when the carrying value of refining assets exceeds their fair market value. This reflects a...

Peer comparison

Commonly seen in cyclical industries during market downturns.

Metric ID: lyb_segment_refining_impairments

Historical Data

11 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q3 '24Q4 '24
Value$624.00M$0.00$0.00$0.00$0.00$0.00$0.00$0.00$11.00M$0.00$0.00
QoQ Change-100.0%-100.0%
YoY Change-100.0%-100.0%
Range$0.00$624.00M
CAGR-100.0%
Avg YoY Growth-100.0%
Median YoY Growth-100.0%
Current Streak2+ quarters decline

Frequently Asked Questions

What is LyondellBasell Industries N.V.'s refining — impairments?
LyondellBasell Industries N.V. (LYB) reported refining — impairments of $0.00 in Q4 2024.
How has LyondellBasell Industries N.V.'s refining — impairments changed year-over-year?
LyondellBasell Industries N.V.'s refining — impairments decreased by 100.0% year-over-year, from $11.00M to $0.00.
What does refining — impairments mean?
A reduction in the recorded value of refining assets due to a decline in their expected future profitability.