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Greif GEF Customized Polymer Solutions — Impairment of long lived assets
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Where this comes from
Reported directly by Greif in its filing.
Tagged under the XBRL concept us-gaap:ImpairmentOfLongLivedAssetsHeldForUse.
The source filing: Greif’s 10-Q, filed April 29, 2026.
- Filed
- Apr 29, 2026, 4:24 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001628280-26-028403
For six months ended March 31, 2026, the Company wrote down long-lived assets with a carrying value of $7.6 million to a fair value of $2.9 million, resulting in recognized asset impairment charges of $4.7 million. These charges include $4.7 million related to properties, plants and equipment, net, in the Sustainable Fiber Solutions reportable segment.
ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
FAQ
- What is Greif's customized polymer solutions — impairment of long lived assets?
- Greif (GEF) reported customized polymer solutions — impairment of long lived assets of $4.5M in Q1 2026.
- What does customized polymer solutions — impairment of long lived assets mean?
- Represents the non-cash charge recognized when the carrying value of long-lived assets in the Customized Polymer Solutions segment exceeds their recoverable amount. This metric signals a decline in the expected future economic benefit of specific manufacturing facilities or equipment. It is a critical indicator of asset productivity and potential market headwinds.
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