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Sonic Automotive SAH Cumulative Gross Losses and Impairments
Discontinued — last reported Q3 '22
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Where this comes from
Reported directly by Sonic Automotive in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairedAccumulatedImpairmentLoss.
The source filing: Sonic Automotive’s 10-Q, filed October 28, 2022.
- Filed
- Oct 28, 2022, 5:07 PM EDT
- Fiscal quarter
- Q3 FY2022
- Calendar quarter
- Q3 2022
- Accession
- 0001043509-22-000019
FAQ
- What is Sonic Automotive's cumulative gross losses and impairments?
- Sonic Automotive (SAH) reported cumulative gross losses and impairments of $1.1B in Q3 2022.
- How has Sonic Automotive's cumulative gross losses and impairments changed year-over-year?
- Sonic Automotive's cumulative gross losses and impairments decreased by 0.0% year-over-year, from $1.1B to $1.1B.
- What does cumulative gross losses and impairments mean?
- This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.
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