Kirby Corporation KEX Geographic — Intangible Impairment
Discontinued — last reported Q3 '21
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Where this comes from
Reported directly by Kirby Corporation in its filing.
Tagged under the XBRL concept us-gaap:ImpairmentOfIntangibleAssetsFinitelived.
The official record: Kirby Corporation’s 10-K, filed February 20, 2024, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Kirby Corporation's geographic — intangible impairment?
- Kirby Corporation (KEX) reported geographic — intangible impairment of $97.5M in Q3 2021.
- What does geographic — intangible impairment mean?
- A non-cash accounting charge taken when the value of intangible assets like customer lists or brand names is reduced on the balance sheet.
- How do you interpret geographic — intangible impairment?
- An increase signals potential overvaluation of past acquisitions or deteriorating market conditions, whereas a zero or low value suggests stable asset valuation.
- How does geographic — intangible impairment compare across companies?
- Similar to impairment charges reported by other industrial and logistics firms, often triggered by periodic impairment testing or significant adverse events.