Discontinued — last reported Q3 '21
Business Segments · Restructuring Reserve
Lab Corp Diagnostics — Restructuring Reserve
Labcorp Holdings Lab Corp Diagnostics — Restructuring Reserve increased by 25.0% to $1.00M in Q3 2021 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ3 2021
Rolls up toRestructuring Reserve
How to read this metric
A declining balance suggests that restructuring activities are nearing completion, while a rising balance indicates ongoing or new reorganization efforts.
Detailed definition
This is the balance sheet liability representing the estimated future cash outflows for restructuring activities that ha...
Peer comparison
Common in companies with active operational optimization programs; comparable to accrued restructuring liabilities at peer healthcare service firms.
Metric ID:
lh_segment_lab_corp_diagnostics_restructuring_reserveHistorical Data
2 periods
| Q2 '21 | Q3 '21 | |
|---|---|---|
| Value | $800.00K | $1.00M |
| QoQ Change | — | +25.0% |
Range$800.00K – $1.00M
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Frequently Asked Questions
- What is Labcorp Holdings's lab corp diagnostics — restructuring reserve?
- Labcorp Holdings (LH) reported lab corp diagnostics — restructuring reserve of $1.00M in Q3 2021.
- What does lab corp diagnostics — restructuring reserve mean?
- The amount of money set aside to cover future costs related to planned business reorganizations.