Huntington Ingalls Industries HII Oiland Gas Reporting — Goodwill Impairment
Discontinued — last reported Q4 '15
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Where this comes from
Reported directly by Huntington Ingalls Industries in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.
The official record: Huntington Ingalls Industries’s 10-K, filed February 15, 2018, on SEC EDGAR. View the filing →
Questions, answered.
- What does oiland gas reporting — goodwill impairment mean?
- The amount of value written off from the Oil and Gas segment's goodwill due to a decline in the segment's estimated fair market value.
- How do you interpret oiland gas reporting — goodwill impairment?
- An increase indicates that the segment's future earnings potential has declined, suggesting potential overpayment for past acquisitions or adverse market conditions in the oil and gas sector.
- How does oiland gas reporting — goodwill impairment compare across companies?
- Peers in the industrial and energy services sectors typically report goodwill impairment as an infrequent, non-recurring event triggered by specific impairment testing cycles or adverse market shifts.