Discontinued — last reported Q4 '21
Engineering Solutions — Restructuring reserve balance
S&P Global Engineering Solutions — Restructuring reserve balance decreased by 100.0% to $0.00 in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $1.00M to $0.00. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A decreasing balance suggests the successful execution and winding down of restructuring activities, whereas an increasing balance may signal ongoing or new organizational changes.
Detailed definition
The remaining liability balance set aside to cover future costs associated with organizational restructuring, such as fa...
Peer comparison
Standard liability account found in the notes to financial statements for companies undergoing significant operational transformation.
spgi_segment_engineering_solutions_restructuring_reserve_balanceHistorical Data
| Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|
| Value | $1.00M | $1.00M | $1.00M | $1.00M | $0.00 |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -100.0% |
| YoY Change | — | — | — | +0.0% | -100.0% |
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Frequently Asked Questions
- What is S&P Global's engineering solutions — restructuring reserve balance?
- S&P Global (SPGI) reported engineering solutions — restructuring reserve balance of $0.00 in Q3 2023.
- How has S&P Global's engineering solutions — restructuring reserve balance changed year-over-year?
- S&P Global's engineering solutions — restructuring reserve balance decreased by 100.0% year-over-year, from $1.00M to $0.00.
- What does engineering solutions — restructuring reserve balance mean?
- The amount of money set aside to pay for future restructuring activities.