Goodwill written off on sale of business
Analysis
How to read this metric
An increase indicates active portfolio optimization or divestiture of underperforming assets.
Detailed definition
The portion of goodwill associated with a specific business unit that is derecognized from the balance sheet upon the di...
Peer comparison
Standard for companies undergoing restructuring or strategic portfolio realignment.
jpm_goodwill_written_off_sale_of_businessBusiness Segments — Industrial Coatings Segment
| Segment | FY'23 |
|---|---|
| Performance Coatings Segment | $5.00M |
| Global Architectural Coatings | $0.00 |
| Industrial Coatings Segment | $0.00 |
| Total | — |
All segment values are derived from annual filings.
Global Architectural Coatings, Industrial Coatings Segment, Performance Coatings Segment were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — Performance Coatings
| Segment | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|
| Performance Coatings | $10.00M | $10.00M | $10.00M | $10.00M | $1.25M | $1.25M | $1.25M |
| Industrial Coatings | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | — | — | — | — | — | — | — |
Performance Coatings is derived from annual filings.
Industrial Coatings, Performance Coatings were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill written off on sale of business at Other Companies
Frequently Asked Questions
- What does goodwill written off on sale of business mean?
- The amount of goodwill removed from the books because the business unit it was attached to was sold.