Discontinued — last reported Q3 '22

Business Segments · Intangible asset impairments

Oilfield Services & Equipment — Intangible asset impairments

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2020
Last reportedQ3 2022
Rolls up toImpairment Charges

How to read this metric

An increase signals poor performance of acquired assets or a deterioration in market conditions for specific product lines.

Detailed definition

This metric measures the non-cash charge recognized when the carrying value of intangible assets within the Oilfield Ser...

Peer comparison

Commonly reported by companies that engage in frequent M&A activity within the industrial and energy sectors.

Metric ID: bkr_segment_oilfield_services_equipment_intangible_asset_impairments

Historical Data

1 periods
 Q3 '22
Value$17.00M

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Frequently Asked Questions

What is Baker Hughes's oilfield services & equipment — intangible asset impairments?
Baker Hughes (BKR) reported oilfield services & equipment — intangible asset impairments of $17.00M in Q3 2022.
What does oilfield services & equipment — intangible asset impairments mean?
A reduction in the recorded value of intangible assets due to a decline in their expected future economic benefit.