Discontinued — last reported Q3 '22
Business Segments · Impairment of intangibles
Oilfield Services & Equipment — Impairment of intangibles
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ3 2022
Last reportedQ3 2022
Rolls up toImpairment Charges
How to read this metric
An increase suggests that previous acquisitions or intangible investments are underperforming or that the segment's competitive advantage has weakened.
Detailed definition
This metric represents the write-down of intangible assets, such as goodwill, patents, or customer relationships, associ...
Peer comparison
Standard across capital-intensive industries; peers report this as part of non-cash charges during annual impairment testing or following business unit divestitures.
Metric ID:
bkr_segment_oilfield_services_equipment_impairment_of_intangiblesHistorical Data
1 periods
| Q3 '22 | |
|---|---|
| Value | $17.00M |
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Frequently Asked Questions
- What is Baker Hughes's oilfield services & equipment — impairment of intangibles?
- Baker Hughes (BKR) reported oilfield services & equipment — impairment of intangibles of $17.00M in Q3 2022.
- What does oilfield services & equipment — impairment of intangibles mean?
- A non-cash charge taken when the value of intangible assets like goodwill or patents in the oilfield services segment is deemed lower than its book value.