Discontinued — last reported Q3 '23
Business Segments · Restructuring Reserve
Other Segment — Restructuring Reserve
Year-over-year, this metric grew by 7566.7%, from $3.00M to $230.00M.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ3 2023
Rolls up toRestructuring Reserve
How to read this metric
An increase suggests management is planning or has committed to significant future operational changes, while a decrease indicates the utilization or reversal of these provisions.
Detailed definition
This represents the cumulative liability balance set aside to cover anticipated costs related to organizational restruct...
Peer comparison
Peers in the healthcare sector maintain similar accruals for restructuring, often disclosed in the notes to financial statements regarding exit or disposal activities.
Metric ID:
elv_segment_other_restructuring_reserveHistorical Data
5 periods
| Q4 '21 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|
| Value | $3.00M | $3.00M | $3.00M | $0.00 | $230.00M |
| QoQ Change | — | +0.0% | +0.0% | -100.0% | — |
| YoY Change | — | — | — | -100.0% | >999% |
Range$0.00 – $230.00M
CAGR>999%
Avg YoY Growth>999%
Median YoY Growth>999%
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Frequently Asked Questions
- What is Elevance Health's other segment — restructuring reserve?
- Elevance Health (ELV) reported other segment — restructuring reserve of $230.00M in Q3 2023.
- How has Elevance Health's other segment — restructuring reserve changed year-over-year?
- Elevance Health's other segment — restructuring reserve increased by 7566.7% year-over-year, from $3.00M to $230.00M.
- What does other segment — restructuring reserve mean?
- The total amount of money set aside to pay for future restructuring activities.