What is Verisk Analytics, Inc.'s financial services — goodwill impairment?

Verisk Analytics, Inc. (VRSK) reported financial services — goodwill impairment of $1.70M in Q1 2022.

What does financial services — goodwill impairment mean?

A non-cash expense recorded when the value of acquired businesses is deemed lower than what is currently on the books.

Discontinued — last reported Q1 '22

StatementSegment

CategoryRisk

SignalLower is better

VolatilityVolatile

First reportedQ1 2022

Last reportedQ1 2022

An increase signals a decline in the perceived value of past acquisitions and potential operational headwinds.

This represents the non-cash charge recognized when the carrying amount of goodwill within the segment exceeds its impli...

Standard GAAP/IFRS metric used across all industries to assess asset valuation health.

Metric ID: vrsk_segment_financial_services_goodwill_impairment_loss

1 periods

	Q1 '22
Value	$1.70M

What is Verisk Analytics, Inc.'s financial services — goodwill impairment?: Verisk Analytics, Inc. (VRSK) reported financial services — goodwill impairment of $1.70M in Q1 2022.
What does financial services — goodwill impairment mean?: A non-cash expense recorded when the value of acquired businesses is deemed lower than what is currently on the books.