Discontinued — last reported Q3 '24

Business Segments · Impairment of Other Assets

Homebuilding — Impairment of Other Assets

Over 2 years (FY 2021 to FY 2023), Homebuilding — Impairment of Other Assets shows a downward trend with a -100.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityVolatile
First reportedQ1 2017
Last reportedQ3 2024

How to read this metric

Higher values indicate poor performance or declining market value of non-core assets.

Detailed definition

This represents the non-cash charge taken when the carrying value of miscellaneous assets exceeds their recoverable amou...

Peer comparison

Standard impairment disclosure for all public companies.

Metric ID: len_segment_homebuilding_impairment_of_other_assets

Historical Data

14 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24
Value$185.00K$185.00K$185.00K$0.00$0.00$1.45M-$1.45M$3.07M$37.98M$0.00-$41.04M$0.00$0.00$0.00
QoQ Change+0.0%+0.0%-100.0%-200.0%+310.9%>999%-100.0%+100.0%
YoY Change-100.0%+685.4%-885.4%-100.0%<-999%-100.0%-100.0%
Range-$41.04M$37.98M
CAGR-100.0%
Avg YoY Growth-474.9%
Median YoY Growth-100.0%

Frequently Asked Questions

What is Lennar's homebuilding — impairment of other assets?
Lennar (LEN) reported homebuilding — impairment of other assets of $0.00 in Q2 2024.
What is the long-term trend for Lennar's homebuilding — impairment of other assets?
Over 2 years (2021 to 2023), Lennar's homebuilding — impairment of other assets has grown at a -100.0% compound annual growth rate (CAGR), from $740.00K to $0.00.
What does homebuilding — impairment of other assets mean?
The loss recorded when the value of miscellaneous assets drops below their accounting value.