Discontinued — last reported Q4 '22
Operating Expenses
Impairment Charges
ITT Impairment Charges remained flat by 0.0% to $450.00K in Q4 2022 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ2 2016
Last reportedQ4 2022Feb 15, 2023
How to read this metric
An increase signals potential issues with past investments or a decline in the value of specific business units or intangible assets.
Detailed definition
Impairment charges represent the reduction in the carrying value of an asset when its fair value falls below its book va...
Peer comparison
Commonly seen during market downturns or following unsuccessful M&A activity.
Metric ID:
impairment_chargesHistorical Data
7 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | |
|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $450.00K | $450.00K | $450.00K | $450.00K |
| QoQ Change | — | — | — | — | +0.0% | +0.0% | +0.0% |
Range$0.00 – $450.00K
Current Streak3+ quarters growth
Geographic Breakdown
| Segment | Q1 '22 | Q3 '22 |
|---|---|---|
| RUSSIAN FEDERATION | $8.80M | $300.00K |
| Total | $450.00K | $450.00K |
RUSSIAN FEDERATION was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Impairment Charges at Other Companies
Frequently Asked Questions
- What is ITT's impairment charges?
- ITT (ITT) reported impairment charges of $450.00K in Q4 2022.
- What does impairment charges mean?
- A one-time accounting charge taken when an asset's value drops significantly.