Discontinued — last reported Q3 '23

Business Segments · Goodwill, Impairment Loss

Servicing — Goodwill, Impairment Loss

This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2020
Last reportedQ3 2023Nov 1, 2023

How to read this metric

Any impairment loss is negative, signaling that previous acquisition strategies may have overpaid or that the business unit is underperforming.

Detailed definition

A non-cash charge recognized when the carrying amount of goodwill exceeds its implied fair value. This indicates that th...

Peer comparison

Standard accounting metric for all companies with goodwill on the balance sheet.

Metric ID: ritm_segment_servicing_goodwill_impairment_loss

Historical Data

20 periods
 Q2 '21Q2 '21Q3 '21Q3 '21Q4 '21Q4 '21Q1 '22Q1 '22Q2 '22Q2 '22Q3 '22Q3 '22Q4 '22Q4 '22Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23
Value$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Range$0.00$0.00

Frequently Asked Questions

What is New Residential Investment Corp.'s servicing — goodwill, impairment loss?
New Residential Investment Corp. (NRZ) reported servicing — goodwill, impairment loss of $0.00 in Q3 2023.
What does servicing — goodwill, impairment loss mean?
A loss recorded when the value of a previously acquired business is determined to be lower than its recorded book value.