Discontinued — last reported Q4 '22
Business Segments · Impairments
Surface Technologies — Impairments
TechnipFMC Surface Technologies — Impairments remained flat by 0.0% to $700.00K in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 56.3%, from $1.60M to $700.00K. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ4 2022
Rolls up toImpairment Charges
How to read this metric
An increase signals a negative outlook on asset productivity or market value, while a decrease suggests stable asset valuation.
Detailed definition
This metric tracks the reduction in the carrying value of assets within the Surface Technologies segment when their book...
Peer comparison
Standard across all capital-intensive industries as 'Asset Impairment Charges'.
Metric ID:
fti_segment_surface_technologies_impairmentsHistorical Data
7 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | |
|---|---|---|---|---|---|---|---|
| Value | $200.00K | $0.00 | $1.60M | $700.00K | $700.00K | $700.00K | $700.00K |
| QoQ Change | — | -100.0% | — | -56.3% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +250.0% | — | -56.3% |
Range$0.00 – $1.60M
CAGR+130.5%
Avg YoY Growth+96.9%
Median YoY Growth+96.9%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is TechnipFMC's surface technologies — impairments?
- TechnipFMC (FTI) reported surface technologies — impairments of $700.00K in Q4 2022.
- How has TechnipFMC's surface technologies — impairments changed year-over-year?
- TechnipFMC's surface technologies — impairments decreased by 56.3% year-over-year, from $1.60M to $700.00K.
- What does surface technologies — impairments mean?
- The total value of assets written down because they are no longer worth their recorded book value.