Other

Difference in Carrying Value and Fair Value

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

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026

How to read this metric

A large difference may indicate potential future write-downs or adjustments to the balance sheet.

Detailed definition

The variance between the carrying value of derivative assets on the balance sheet and their estimated fair value. This m...

Peer comparison

Used by analysts to assess the quality and accuracy of derivative valuations.

Metric ID: other_derivative_asset_difference_in_carrying_value_and__b4eb02

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
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 Phillips 66's difference in carrying value and fair value?
Phillips 66 (PSX) reported difference in carrying value and fair value of $0.00 in Q1 2026.
What does difference in carrying value and fair value mean?
The difference between the recorded value and the fair market value of derivative assets.