Discontinued — last reported Q1 '17
Consolidation · Asset Impairment Charges
Reportable Legal Entities — Asset Impairment Charges
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityVolatile
First reportedQ1 2014
Last reportedQ1 2017
How to read this metric
An increase signals potential operational inefficiency, technological obsolescence, or a negative outlook on specific business segments.
Detailed definition
This represents the non-cash write-down of the carrying value of long-lived assets when their book value exceeds their r...
Peer comparison
Standard impairment charge line item found in the income statement of industrial peers.
Metric ID:
psx_segment_reportable_legal_entities_asset_impairment_chargesSimilar Metrics at Other Companies
Frequently Asked Questions
- What does reportable legal entities — asset impairment charges mean?
- The reduction in the recorded value of assets because they are no longer worth as much as previously thought.