What is Albemarle's energy storage — goodwill, other increase (decrease)?

Albemarle (ALB) reported energy storage — goodwill, other increase (decrease) of -$24.63M in Q4 2023.

What does energy storage — goodwill, other increase (decrease) mean?

Changes in the recorded value of goodwill due to factors like currency fluctuations or minor accounting adjustments.

Discontinued — last reported Q4 '23

Albemarle Energy Storage — Goodwill, Other Increase (Decrease) decreased by 300.0% to -$24.63M in Q4 2023 compared to the prior quarter.

StatementSegment

CategoryOther

SignalContext dependent

VolatilityModerate

First reportedQ1 2023

Last reportedQ4 2023

Significant fluctuations may indicate sensitivity to foreign exchange rates or ongoing adjustments to past acquisition valuations.

Adjustments to the goodwill balance of the energy storage segment not related to impairment or divestitures, such as for...

Standard 'Other Changes in Goodwill' line item found in the intangible assets reconciliation table of most public companies.

Metric ID: alb_segment_energy_storage_goodwill_other_increase_decrease

2 periods

	Q1 '23	Q4 '23
Value	$12.32M	-$24.63M
QoQ Change	—	-300.0%

Range-$24.63M – $12.32M

What is Albemarle's energy storage — goodwill, other increase (decrease)?: Albemarle (ALB) reported energy storage — goodwill, other increase (decrease) of -$24.63M in Q4 2023.
What does energy storage — goodwill, other increase (decrease) mean?: Changes in the recorded value of goodwill due to factors like currency fluctuations or minor accounting adjustments.