What is LyondellBasell Industries N.V.'s refining — impairment of intangible assets?

LyondellBasell Industries N.V. (LYB) reported refining — impairment of intangible assets of $32.00M in Q4 2021.

What does refining — impairment of intangible assets mean?

A write-down of the value of non-physical assets like permits or licenses.

Discontinued — last reported Q4 '21

StatementSegment

CategoryProfitability

SignalLower is better

VolatilityVolatile

First reportedQ3 2020

Last reportedQ4 2021

Indicates a loss of competitive advantage or regulatory changes that reduce the value of specific intangible holdings.

Captures the write-down of non-physical assets within the refining segment, such as permits, licenses, or intellectual p...

Standard accounting adjustment for intangible assets across all capital-intensive industries.

Metric ID: lyb_segment_refining_impairment_of_intangible_assets

1 periods

	Q4 '21
Value	$32.00M

What is LyondellBasell Industries N.V.'s refining — impairment of intangible assets?: LyondellBasell Industries N.V. (LYB) reported refining — impairment of intangible assets of $32.00M in Q4 2021.
What does refining — impairment of intangible assets mean?: A write-down of the value of non-physical assets like permits or licenses.