Discontinued — last reported Q4 '24
Foster City, California — Right-of-use asset impairment
Illumina Foster City, California — Right-of-use asset impairment remained flat by 0.0% to $3.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 68.4%, from $9.50M to $3.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase indicates potential overcapacity, underutilization of leased space, or a strategic shift away from this facility, while a decrease suggests more stable or optimized real estate utilization.
Detailed definition
This metric represents the non-cash charge recognized when the carrying amount of right-of-use assets associated with le...
Peer comparison
Comparable to lease impairment charges or asset write-downs reported by peers in the life sciences sector when consolidating regional headquarters or R&D facilities.
ilmn_segment_foster_city_california_right_of_use_asset_impairmentHistorical Data
| FY'23 | FY'24 | |
|---|---|---|
| Value | $38.00M | $12.00M |
| YoY Change | — | -68.4% |
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Frequently Asked Questions
- What is Illumina's foster city, california — right-of-use asset impairment?
- Illumina (ILMN) reported foster city, california — right-of-use asset impairment of $3.00M in Q4 2024.
- How has Illumina's foster city, california — right-of-use asset impairment changed year-over-year?
- Illumina's foster city, california — right-of-use asset impairment decreased by 68.4% year-over-year, from $9.50M to $3.00M.
- What does foster city, california — right-of-use asset impairment mean?
- The reduction in the recorded value of leased property assets in the Foster City location due to a decline in their expected utility or market value.