Discontinued — last reported Q4 '23
Business Segments · Impairment of goodwill (Note 15)
Gas Transmission Assets — Impairment of goodwill (Note 15)
Year-over-year, this metric declined by 100.0%, from $625.00M to $0.00. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2022
Last reportedQ4 2023
Rolls up toGoodwill impairment
How to read this metric
An increase indicates a negative revision in the long-term earnings potential or asset value of the gas transmission segment, while a zero value suggests the carrying value remains supported by projected cash flows.
Detailed definition
This metric represents the non-cash charge recognized when the carrying value of goodwill associated with the gas transm...
Peer comparison
Peers in the midstream energy sector periodically report similar impairments when regulatory shifts, commodity price volatility, or project cancellations impact the valuation of acquired gas infrastructure assets.
Metric ID:
enb_segment_gas_transmission_assets_impairment_of_goodwill_note_15Historical Data
2 years
| FY'22 | FY'23 | |
|---|---|---|
| Value | 2.5B | 0 |
| YoY Change | — | -100.0% |
Range0 – 2.5B
Avg YoY Growth-100.0%
Median YoY Growth-100.0%
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Frequently Asked Questions
- What is Enbridge's gas transmission assets — impairment of goodwill (note 15)?
- Enbridge (ENB) reported gas transmission assets — impairment of goodwill (note 15) of $0.00 in Q4 2023.
- How has Enbridge's gas transmission assets — impairment of goodwill (note 15) changed year-over-year?
- Enbridge's gas transmission assets — impairment of goodwill (note 15) decreased by 100.0% year-over-year, from $625.00M to $0.00.
- What does gas transmission assets — impairment of goodwill (note 15) mean?
- A non-cash accounting charge reflecting a reduction in the estimated value of goodwill previously recorded for the gas transmission business segment.