Discontinued — last reported Q2 '23
Business Segments · Restructuring reserve
Snap-on Tools Group — Restructuring reserve
Snap-on Snap-on Tools Group — Restructuring reserve decreased by 100.0% to $0.00 in Q2 2023 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $300.00K to $0.00. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ2 2023Jul 20, 2023
Rolls up toRestructuring Reserve
How to read this metric
A high reserve indicates ongoing or planned restructuring efforts, while a decreasing reserve suggests the completion of these initiatives.
Detailed definition
The liability balance set aside to cover anticipated costs related to organizational changes, such as facility closures...
Peer comparison
Common in mature industrial companies undergoing operational efficiency programs.
Metric ID:
sna_segment_snap_on_tools_group_restructuring_reserveHistorical Data
10 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $400.00K | $400.00K | $300.00K | $300.00K | $300.00K | $300.00K | $100.00K | $100.00K | $100.00K | $0.00 |
| QoQ Change | — | +0.0% | -25.0% | +0.0% | +0.0% | +0.0% | -66.7% | +0.0% | +0.0% | -100.0% |
| YoY Change | — | — | — | — | -25.0% | -25.0% | -66.7% | -66.7% | -66.7% | -100.0% |
Range$0.00 – $400.00K
CAGR-100.0%
Avg YoY Growth-58.3%
Median YoY Growth-66.7%
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Frequently Asked Questions
- What is Snap-on's snap-on tools group — restructuring reserve?
- Snap-on (SNA) reported snap-on tools group — restructuring reserve of $0.00 in Q2 2023.
- How has Snap-on's snap-on tools group — restructuring reserve changed year-over-year?
- Snap-on's snap-on tools group — restructuring reserve decreased by 100.0% year-over-year, from $300.00K to $0.00.
- What does snap-on tools group — restructuring reserve mean?
- The amount of money set aside to pay for future costs of reorganizing the tools business.