General Electric Renewable Energy — Equity Method Investments decreased by 89.8% to $808.00M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 89.4%, from $7.63B to $808.00M. Over 3 years (FY 2020 to FY 2023), Renewable Energy — Equity Method Investments shows an upward trend with a 9.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth in this metric suggests successful expansion through partnerships and joint ventures.
The carrying value of investments in entities where the segment exercises significant influence but does not have full c...
Common in industries like aerospace and energy where joint ventures are used to share risk and technology.
ge_segment_renewable_energy_equity_method_investments| Q4 '21 | Q4 '21 | Q4 '22 | Q4 '22 | Q4 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|
| Value | $7.39B | $739.00M | $7.63B | $752.00M | $7.93B | $808.00M |
| QoQ Change | — | -90.0% | +932.9% | -90.1% | +954.7% | -89.8% |
| YoY Change | — | — | +3.3% | -89.8% | +3.9% | -89.4% |