Grow Generation GRWG Cumulative Gross Losses and Impairments
Discontinued — last reported Q3 '24
Cumulative Gross Losses and Impairments at other companies
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Where this comes from
Reported directly by Grow Generation in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairedAccumulatedImpairmentLoss.
The official record: Grow Generation’s 10-Q, filed November 12, 2024, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Grow Generation's cumulative gross losses and impairments?
- Grow Generation (GRWG) reported cumulative gross losses and impairments of $125.9M in Q3 2024.
- How has Grow Generation's cumulative gross losses and impairments changed year-over-year?
- Grow Generation's cumulative gross losses and impairments increased by 7.9% year-over-year, from $116.66M to $125.9M.
- What does cumulative gross losses and impairments mean?
- This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.