Discontinued — last reported Q1 '24
Business Segments · Contract and other deferred assets (Note 9)
Renewable Energy — Contract and other deferred assets (Note 9)
General Electric Renewable Energy — Contract and other deferred assets (Note 9) increased by 27.8% to $23.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 21.1%, from $19.00M to $23.00M. Over 2 years (FY 2021 to FY 2023), Renewable Energy — Contract and other deferred assets (Note 9) shows a downward trend with a -21.7% CAGR.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2024
Rolls up toContract and other deferred assets (Note 8)
How to read this metric
Increasing deferred assets may indicate higher customer acquisition costs or significant project startup investments.
Detailed definition
Tracks the long-term and short-term assets related to contract costs, such as incremental costs of obtaining a contract...
Peer comparison
Comparable to 'Deferred Contract Costs' found in companies with long-term service or construction-type contracts.
Metric ID:
ge_segment_renewable_energy_contract_and_other_deferred_assets_note_9Historical Data
12 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $33.00M | $30.00M | $28.00M | $24.00M | $24.00M | $15.00M | $17.00M | $19.00M | $20.00M | $19.00M | $18.00M | $23.00M |
| QoQ Change | — | -9.1% | -6.7% | -14.3% | +0.0% | -37.5% | +13.3% | +11.8% | +5.3% | -5.0% | -5.3% | +27.8% |
| YoY Change | — | — | — | — | -27.3% | -50.0% | -39.3% | -20.8% | -16.7% | +26.7% | +5.9% | +21.1% |
Range$15.00M – $33.00M
CAGR-12.3%
Avg YoY Growth-12.6%
Median YoY Growth-18.8%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is General Electric's renewable energy — contract and other deferred assets (note 9)?
- General Electric (GE) reported renewable energy — contract and other deferred assets (note 9) of $23.00M in Q1 2024.
- How has General Electric's renewable energy — contract and other deferred assets (note 9) changed year-over-year?
- General Electric's renewable energy — contract and other deferred assets (note 9) increased by 21.1% year-over-year, from $19.00M to $23.00M.
- What is the long-term trend for General Electric's renewable energy — contract and other deferred assets (note 9)?
- Over 2 years (2021 to 2023), General Electric's renewable energy — contract and other deferred assets (note 9) has grown at a -21.7% compound annual growth rate (CAGR), from $124.00M to $76.00M.
- What does renewable energy — contract and other deferred assets (note 9) mean?
- Costs incurred to win or fulfill contracts that are recorded as assets and expensed over the contract duration.