What is Veralto's product quality & innovation — impairment?

Veralto (VLTO) reported product quality & innovation — impairment of $6.00M in Q3 2023.

What does product quality & innovation — impairment mean?

A non-cash charge taken when the value of an asset is deemed to have permanently declined.

Discontinued — last reported Q3 '23

StatementSegment

CategoryRisk

SignalLower is better

VolatilityVolatile

First reportedQ3 2023

Last reportedQ3 2023

An increase signals that previous investments or acquisitions are underperforming or that market conditions have deteriorated significantly.

This represents a non-cash charge recognized when the carrying amount of an asset, such as goodwill or long-lived assets...

Standard 'Impairment of assets' or 'Goodwill impairment' reported under GAAP/IFRS.

Metric ID: vlto_segment_product_quality_innovation_impairment

1 periods

	Q3 '23
Value	$6.00M

What is Veralto's product quality & innovation — impairment?: Veralto (VLTO) reported product quality & innovation — impairment of $6.00M in Q3 2023.
What does product quality & innovation — impairment mean?: A non-cash charge taken when the value of an asset is deemed to have permanently declined.