Discontinued — last reported Q3 '23
Business Segments · Impairment of asset
Consumer Brands Group — Impairment of asset
Sherwin-Williams Consumer Brands Group — Impairment of asset increased by 54.2% to $23.90M in Q3 2023 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryCapital Allocation
SignalLower is better
VolatilityVolatile
First reportedQ3 2022
Last reportedQ3 2023
Rolls up toIndefinite-Lived Intangible Asset Impairment
How to read this metric
Frequent impairments suggest poor capital allocation or overvaluation of past acquisitions.
Detailed definition
The specific recognition of a permanent decline in the value of a tangible or intangible asset within the segment. This...
Peer comparison
Standard financial reporting metric for asset-heavy industries; peers report this in the notes to financial statements.
Metric ID:
shw_segment_consumer_brands_group_impairment_of_assetHistorical Data
2 periods
| Q3 '22 | Q3 '23 | |
|---|---|---|
| Value | $15.50M | $23.90M |
| QoQ Change | — | +54.2% |
| YoY Change | — | +54.2% |
Range$15.50M – $23.90M
Avg YoY Growth+54.2%
Median YoY Growth+54.2%
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Frequently Asked Questions
- What is Sherwin-Williams's consumer brands group — impairment of asset?
- Sherwin-Williams (SHW) reported consumer brands group — impairment of asset of $23.90M in Q3 2023.
- What does consumer brands group — impairment of asset mean?
- The formal reduction in the book value of an asset due to a loss in its market or utility value.