The short answer: No.
The long answer: No, it means you’re recognising that it isn’t worth spending more time or effort on that particular painting. Not every painting is going to be successful and it’s unrealistic to expect it, you’re setting yourself up for failure.
A line I’ve remembered from the book “Art and Fear” is ”The function of the overwhelming majority of your artwork is simply to teach you how to make the small fraction of your artwork that soars.” (Looking it up, I see it was 2005 I reviewed it; read review here.)
I think destroying paintings becomes problematic only if you’re consistently stopping at the same point, never trying to push past it and find out if you might resolve it. It’s already not working, so you don’t have to worry about ruining it.
I also don’t think something should be destroyed on the same day it was created, or you stopped working on it, because once there’s a bit of time between making it and reviewing it we can be more objective. I go through my paintings on paper two or three times a year and sort out the ones to keep, the ones to be torn up, and the maybe ones who get another look before I decide.