Discontinued — last reported Q4 '22
Business Segments · Impairment of goodwill (Note 15)
Renewable Power Generation — Impairment of goodwill (Note 15)
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 2022
How to read this metric
An increase indicates a deterioration in the long-term outlook or profitability expectations for the renewable energy segment, while a zero value suggests the segment's carrying value remains supported by its projected performance.
Detailed definition
This metric represents the non-cash charge recognized when the carrying value of goodwill associated with the Renewable...
Peer comparison
Peers in the utility and energy sector report similar goodwill impairment charges when acquisitions fail to meet performance targets or when market valuations for renewable assets decline.
Metric ID:
enb_segment_renewable_power_generation_impairment_of_goodwill_note_15Historical Data
1 years
| FY'22 | |
|---|---|
| Value | 0 |
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Frequently Asked Questions
- What is Enbridge's renewable power generation — impairment of goodwill (note 15)?
- Enbridge (ENB) reported renewable power generation — impairment of goodwill (note 15) of $0.00 in Q4 2022.
- What does renewable power generation — impairment of goodwill (note 15) mean?
- A non-cash accounting charge indicating that the value of goodwill assigned to the renewable energy business segment has decreased.