Other Income & Expense
Foreign Currency Transaction Gain (Loss)
Analysis
StatementIncome Statement
SectionOther Income & Expense
CategoryRisk
SignalContext dependent
VolatilityVolatile
How to read this metric
Significant gains or losses indicate high exposure to currency volatility, which may require hedging strategies to mitigate risk.
Detailed definition
Reflects the impact of exchange rate fluctuations on transactions denominated in currencies other than the company's fun...
Peer comparison
Standard for multinational corporations; the magnitude depends on the geographic diversity of the company's revenue and supply chain.
Metric ID:
abbv_foreign_currency_transaction_gain_lossForeign Currency Transaction Gain (Loss) at Other Companies
Frequently Asked Questions
- What does foreign currency transaction gain (loss) mean?
- Gains or losses caused by changes in currency exchange rates.