Discontinued — last reported Q3 '20

Business Segments · Goodwill Impairment

Natural Gas Distribution — Goodwill Impairment

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityVolatile
First reportedQ1 2019
Last reportedQ3 2020
Rolls up toGoodwill impairment

How to read this metric

An increase is a negative signal, indicating that the segment's performance or market outlook has deteriorated compared to initial acquisition expectations.

Detailed definition

This represents a non-cash charge taken when the carrying value of goodwill in the natural gas distribution segment exce...

Peer comparison

Rare for stable utilities, but comparable to any company that has undergone significant M&A activity.

Metric ID: cnp_segment_natural_gas_distribution_goodwill_impairment

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Frequently Asked Questions

What does natural gas distribution — goodwill impairment mean?
A write-down of the value of previously acquired assets due to a decline in their estimated worth.