Discontinued — last reported Q4 '21
Business Segments · Impairment of property, plant and equipment
Refining — Impairment of property, plant and equipment
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityVolatile
First reportedQ3 2020
Last reportedQ4 2021Feb 24, 2022
Rolls up toImpairment Charges
How to read this metric
High impairment charges signal poor asset performance, structural industry decline, or overvaluation of capital investments.
Detailed definition
Reflects a non-cash charge taken when the carrying value of refining-related physical assets exceeds their recoverable a...
Peer comparison
Commonly seen across the energy sector during periods of commodity price volatility or energy transition.
Metric ID:
lyb_segment_refining_impairment_of_property_plant_and_equipmentHistorical Data
1 periods
| Q4 '21 | |
|---|---|
| Value | $549.00M |
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Frequently Asked Questions
- What is LyondellBasell Industries N.V.'s refining — impairment of property, plant and equipment?
- LyondellBasell Industries N.V. (LYB) reported refining — impairment of property, plant and equipment of $549.00M in Q4 2021.
- What does refining — impairment of property, plant and equipment mean?
- A write-down of the value of physical refining assets due to reduced future expectations.