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Assurant AIZ Global Housing — Gain (Loss) on Extinguishment of Debt

Discontinued — last reported Q4 '21

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Other financials

Income statement

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Revenue$3.4B+11.3%
Net income$274.1M+87.0%
EPS (diluted)$5.41+91.2%

Balance sheet

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Cash & equivalents$1.6B-4.7%
Total debt$73.9M+18.4%
Total equity$5.9B+12.1%
Total assets$35.8B+2.2%

Cash flow

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Operating cash flow$240.3M-38.8%
CapEx$47.7M-10.7%
Free cash flow$192.6M-43.2%

Valuation

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Market cap$12.88B+1.6%
P/E12.9×-6.0×
P/S-0.1×

Profitability

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Net margin7.6%+2.0pp
FCF margin11%-0.7pp

Returns & leverage

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Return on equity18%+4.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Assurant in its filing.

Tagged under the XBRL concept us-gaap:GainsLossesOnExtinguishmentOfDebt.

The official record: Assurant’s 10-K, filed February 22, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is Assurant's global housing — gain (loss) on extinguishment of debt?
Assurant (AIZ) reported global housing — gain (loss) on extinguishment of debt of $0 in Q4 2021.
What does global housing — gain (loss) on extinguishment of debt mean?
The financial gain or loss recognized when the segment pays off debt early.
How do you interpret global housing — gain (loss) on extinguishment of debt?
A gain indicates favorable refinancing conditions or debt buybacks, while a loss reflects the premium paid to retire debt early, often to improve future interest expense profiles.
How does global housing — gain (loss) on extinguishment of debt compare across companies?
Commonly reported in non-operating income sections for companies undergoing capital structure optimization.