Discontinued — last reported Q2 '20
Business Segments · Operating Lease, Impairment Loss
LabCorp Diagnostics — Operating Lease, Impairment Loss
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ2 2020
How to read this metric
An increase suggests underutilization of leased facilities or a strategic shift away from certain physical locations, indicating potential operational inefficiency.
Detailed definition
This metric represents the impairment loss recognized on right-of-use assets related to operating leases within the diag...
Peer comparison
Commonly reported by retail and service-based companies with large footprints of leased patient-service or office locations.
Metric ID:
lh_segment_labcorp_diagnostics_operating_lease_impairment_lossSimilar Metrics at Other Companies
Frequently Asked Questions
- What does labcorp diagnostics — operating lease, impairment loss mean?
- The loss recorded when the value of leased properties or equipment is deemed lower than their book value.