How do you interpret global lifestyle — goodwill, decrease from impairment loss?

An increase signals deteriorating performance or unfavorable market conditions for the segment's underlying assets.

How does global lifestyle — goodwill, decrease from impairment loss compare across companies?

Standard impairment disclosure found in the 'Goodwill and Intangible Assets' section of financial statements for all public companies.

Assurant AIZ Global Lifestyle — Goodwill, Decrease From Impairment Loss

Discontinued — last reported Q4 '20

Similar metrics at other companies

CLXLifestyle — Goodwill impairment

$0—

LINEGlobal Integrated Solutions — Goodwill impairment

$7M—

CLXLifestyle — Goodwill, Written off Related to Sale of Business Unit

$0—

LUMNConsumer — Goodwill Impairment

$349.75M—

FISGlobal Financial Solutions — Goodwill Impairment

$6.25M—

CLXLifestyle — Goodwill, Foreign Currency Translation and Measurement Period Adjustments

$0—

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/S1×-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 / equity0×0.0×

Where this comes from

Reported directly by Assurant in its filing.

Tagged under the XBRL concept aiz:GoodwillDecreaseFromImpairmentLoss.

The official record: Assurant’s 10-K, filed February 19, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does global lifestyle — goodwill, decrease from impairment loss mean?: The loss in value recognized when the goodwill of the Global Lifestyle segment is deemed to be worth less than its recorded value.
How do you interpret global lifestyle — goodwill, decrease from impairment loss?: An increase signals deteriorating performance or unfavorable market conditions for the segment's underlying assets.
How does global lifestyle — goodwill, decrease from impairment loss compare across companies?: Standard impairment disclosure found in the 'Goodwill and Intangible Assets' section of financial statements for all public companies.