Discontinued — last reported Q4 '21
Business Segments · Impairment of property, plant and equipment
Surface Technologies — Impairment of property, plant and equipment
TechnipFMC Surface Technologies — Impairment of property, plant and equipment remained flat by 0.0% to $20.50M in Q4 2021 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2019
Last reportedQ4 2021
Rolls up toImpairment Charges
How to read this metric
An increase signals that physical assets are becoming obsolete or underutilized, while a low value suggests efficient asset management.
Detailed definition
This metric quantifies the write-down of tangible long-lived assets, such as machinery and manufacturing facilities, wit...
Peer comparison
Comparable to 'PP&E Impairment' reported by manufacturing and industrial peers.
Metric ID:
fti_segment_surface_technologies_impairment_of_property_plant_and_equipmentHistorical Data
1 years
| FY'21 | |
|---|---|
| Value | $82.00M |
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Frequently Asked Questions
- What is TechnipFMC's surface technologies — impairment of property, plant and equipment?
- TechnipFMC (FTI) reported surface technologies — impairment of property, plant and equipment of $20.50M in Q4 2021.
- What does surface technologies — impairment of property, plant and equipment mean?
- The reduction in the book value of physical equipment and facilities due to loss of utility or market value.