Asset Retirement Reserve & Litigation Obligation
The financial metric "Asset Retirement Reserve & Litigation Obligation" refers to the estimated amount of money a company has set aside to cover the costs of dismantling or decommissioning assets, such as buildings or equipment, at the end of their useful life. This amount also includes provisions made for any possible litigation obligations or legal disputes the company may face in the future. This metric is important for investors to understand the potential liabilities faced by a company, which could impact their financial performance and future profitability.
Additional Details
| Metric Name |
Type |
Default Period Type |
| asset_retirement_and_litigation_obligation |
fin_statement |
FY |
| Data Format |
Display Format |
Unit |
| float |
financial |
usd |