Discontinued — last reported Q4 '24
Renewable Energy — Foreign currency translation adjustments
Quanta Services Renewable Energy — Foreign currency translation adjustments remained flat by 0.0% to -$2.25M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 511.1%, from $546.25K to -$2.25M. Over 2 years (FY 2022 to FY 2024), Renewable Energy — Foreign currency translation adjustments shows a downward trend with a 6.5% CAGR.
Analysis
How to read this metric
Positive adjustments indicate a strengthening of foreign currencies against the reporting currency, while negative adjustments indicate a weakening, impacting the segment's reported net asset value.
Detailed definition
This metric represents the impact of fluctuations in foreign exchange rates on the carrying value of assets and liabilit...
Peer comparison
Standard across multinational corporations, often categorized under 'Foreign Currency Translation' or 'Cumulative Translation Adjustment' in segment reporting.
pwr_segment_renewable_energy_foreign_currency_translation_adjustmentsHistorical Data
| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | -$7.92M | $2.19M | -$8.98M |
| YoY Change | — | +127.6% | -511.1% |
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Frequently Asked Questions
- What is Quanta Services's renewable energy — foreign currency translation adjustments?
- Quanta Services (PWR) reported renewable energy — foreign currency translation adjustments of -$2.25M in Q4 2024.
- How has Quanta Services's renewable energy — foreign currency translation adjustments changed year-over-year?
- Quanta Services's renewable energy — foreign currency translation adjustments decreased by 511.1% year-over-year, from $546.25K to -$2.25M.
- What is the long-term trend for Quanta Services's renewable energy — foreign currency translation adjustments?
- Over 2 years (2022 to 2024), Quanta Services's renewable energy — foreign currency translation adjustments has grown at a 6.5% compound annual growth rate (CAGR), from -$7.92M to -$8.98M.
- What does renewable energy — foreign currency translation adjustments mean?
- The change in the value of the renewable energy segment's international assets and liabilities caused by shifting foreign exchange rates.