Discontinued — last reported Q4 '15

Business Segments · Goodwill Impairment

Petroleum And Industrial Pumps — Goodwill Impairment

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ4 2015
Rolls up toGoodwill impairment

How to read this metric

An increase signals deteriorating business performance or unfavorable market conditions for the specific segment.

Detailed definition

This represents the non-cash charge recognized when the carrying amount of goodwill assigned to the petroleum and indust...

Peer comparison

Most industrial peers report zero impairment in stable years, with spikes occurring during economic downturns or following failed integration of acquired businesses.

Metric ID: ir_segment_petroleum_and_industrial_pumps_goodwill_impairment_loss

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Frequently Asked Questions

What does petroleum and industrial pumps — goodwill impairment mean?
A non-cash expense recorded when the value of acquired assets in the petroleum and industrial pumps segment is deemed to have permanently declined.