General Electric Power — Equity Method Investments decreased by 87.0% to $1.03B in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 86.5%, from $7.63B to $1.03B. Over 3 years (FY 2020 to FY 2023), Power — Equity Method Investments shows an upward trend with a 9.1% CAGR.
An increase suggests strategic expansion through partnerships, while a decrease may indicate divestments or impairment of joint venture interests.
This represents the carrying value of investments in entities where the Power segment exercises significant influence bu...
Common in industrial sectors with heavy reliance on joint ventures; peers report this under non-current assets.
ge_segment_power_equity_method_investments| Q4 '21 | Q4 '21 | Q4 '22 | Q4 '22 | Q4 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|
| Value | $7.39B | $977.00M | $7.63B | $960.00M | $7.93B | $1.03B |
| QoQ Change | — | -86.8% | +681.3% | -87.4% | +726.1% | -87.0% |
| YoY Change | — | — | +3.3% | -87.0% | +3.9% | -86.5% |