Discontinued — last reported Q3 '23
Business Segments · Gain (Loss) on Extinguishment of Debt
Homebuilding — Gain (Loss) on Extinguishment of Debt
Lennar Homebuilding — Gain (Loss) on Extinguishment of Debt increased by 181.1% to $6.00M in Q2 2023 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryLeverage
SignalHigher is better
VolatilityVolatile
First reportedQ4 2021
Last reportedQ3 2023
Rolls up toGain (loss) on extinguishment of debt
How to read this metric
A gain signals effective debt management or favorable market conditions for refinancing, while a loss may indicate a cost incurred to restructure the balance sheet.
Detailed definition
The net financial impact resulting from the early retirement of debt obligations, representing the difference between th...
Peer comparison
Standard line item in income statements for companies with significant long-term debt portfolios.
Metric ID:
len_segment_homebuilding_gain_loss_on_extinguishment_of_debtHistorical Data
2 periods
| Q3 '21 | Q2 '23 | |
|---|---|---|
| Value | -$7.40M | $6.00M |
| QoQ Change | — | +181.1% |
Range-$7.40M – $6.00M
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Frequently Asked Questions
- What is Lennar's homebuilding — gain (loss) on extinguishment of debt?
- Lennar (LEN) reported homebuilding — gain (loss) on extinguishment of debt of $6.00M in Q2 2023.
- What does homebuilding — gain (loss) on extinguishment of debt mean?
- The profit or loss recognized when paying off debt before it is due.