Asset Impairment Definition

Below please find a definition of “Asset Impairment”

Financial Analysis Training & Glossary TermsAsset Impairment: The condition where the value of a company’s assets as displayed on the company’s balance sheet is not the reflection of the actual market value is termed as asset impairment. The market value of the assets is less than stated in the balance sheet. It is the income statement that reports the losses on the impaired assets.

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