Other

Impairment Of Long Lived Assets Held For Use

Year-over-year, this metric declined by 100.0%, from $254.00M to $0.00. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2023
Last reportedQ1 2026May 6, 2026

How to read this metric

Frequent or large impairment charges signal poor capital allocation, declining asset utility, or adverse changes in the industry environment.

Detailed definition

This represents a non-cash charge taken when the carrying value of a long-lived asset, such as a refinery or plant, exce...

Peer comparison

Reported by most capital-intensive firms; peers may label this as Asset Impairment or Write-downs.

Metric ID: other_impairment_of_long_lived_assets_held_for_use

Historical Data

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$254.00M$0.00$0.00$0.00$0.00
QoQ Change-100.0%
YoY Change-100.0%
Range$0.00$254.00M
Avg YoY Growth-100.0%
Median YoY Growth-100.0%

Frequently Asked Questions

What is Devon Energy's impairment of long lived assets held for use?
Devon Energy (DVN) reported impairment of long lived assets held for use of $0.00 in Q1 2026.
How has Devon Energy's impairment of long lived assets held for use changed year-over-year?
Devon Energy's impairment of long lived assets held for use decreased by 100.0% year-over-year, from $254.00M to $0.00.
What does impairment of long lived assets held for use mean?
A reduction in the recorded value of assets because they are worth less than what is on the books.