writedowns
Lowered book values
Writedowns are reductions in the recorded value of an asset on a company's books.
When an asset—inventory, equipment, an acquisition—loses value, accountants write it down to reflect current worth rather than original cost: The company announced $2 billion in writedowns on its oil reserves.
Large writedowns often signal trouble and can dramatically affect reported earnings.
Unrecoverable money owed
- uncollectibleImpossible to claim payment
- nonperformingFailing to yield returns
- defaultPreset standard option
- unrecoverableImpossible to regain
charge-off · underwater · shortfall · arrears · delinquency · credit loss · receivables · portfolio
Diminished function or capacity
- chargeCost or accusation
- balance sheetAssets-liabilities-equity report
- goodwillKindly, generous spirit
- journal entryDated record in diary
reserves · inventory · book value · intangible assets · financial statement · audit · ledger · quarterly
Diminished function or capacity
- market valueCurrent trading price
- fair valueReasonable exchange price
- revaluationReassessing something's worth
- reassessmentRenewed evaluation of something
adjustment · overvaluation · correction · mark-to-market · appraisal · asset value
Rearranging an existing framework
- acquisitionAct of obtaining something
- mergerCorporate combination
- divestitureDisposal of assets
- earningsMoney gained from work
quarterly results · SEC filing · investor relations · guidance · restatement · material · significant
bad debt
Unrecoverable money owed
- uncollectibleImpossible to claim payment
- nonperformingFailing to yield returns
- defaultPreset standard option
unrecoverable · charge-off · underwater · shortfall · arrears · delinquency · credit loss · receivables · portfolio · exposure
impairment
Diminished function or capacity
- chargeCost or accusation
- balance sheetAssets-liabilities-equity report
- goodwillKindly, generous spirit
journal entry · reserves · inventory · book value · intangible assets · financial statement · audit · ledger · quarterly · annual report
impairment
Diminished function or capacity
- market valueCurrent trading price
- fair valueReasonable exchange price
- revaluationReassessing something's worth
reassessment · adjustment · overvaluation · correction · mark-to-market · appraisal · asset value
restructuring
Rearranging an existing framework
- acquisitionAct of obtaining something
- mergerCorporate combination
- divestitureDisposal of assets
earnings · quarterly results · SEC filing · investor relations · guidance · restatement · material · significant
writedownswriteups
Written assessments or summaries
appreciation · markups · capital gains · step-ups · revaluations
writedownsgains
Increases in value
value creation · windfalls · writeups · appreciation · profits