What does MX — non-current assets mean?

The total value of all long-term assets owned or controlled by the company in the Mexico region.

How do you interpret MX — non-current assets?

Growth in non-current assets typically signals long-term strategic investment and regional expansion, whereas a decline may reflect asset impairment or a reduction in long-term regional commitment.

How does MX — non-current assets compare across companies?

Comparable to regional non-current asset totals reported by global companies that break down their balance sheet by geographic operating segments.

Align Technology ALGN MX — Non-Current Assets

Discontinued — last reported Q4 '18

Similar metrics at other companies

RRXMexico — Long-Lived Assets

$200.4M-2.1%

FCF

FCFSMexico — Long-Lived Assets

$90.89M+7.3%

PLXSMexico — Long-Lived Assets

$67.78M-8.6%

SANMMexico — Long-Lived Assets

$309.66M+15.8%

CSL

CSLMexico — Long-Lived Assets

$35M+20.7%

BWAMexico — Long-Lived Assets

$325M-21.1%

Other financials

Income statement

See full

Revenue$1.0B+6.2%

Gross profit$736.6M+8.3%

Operating income$142.0M+8.3%

Net income$112.8M+21.0%

EPS (diluted)$1.57+23.6%

Balance sheet

See full

Cash & equivalents$1.1B+21.4%

Total debt$116.0M-2.1%

Total equity$4.1B+9.4%

Total assets$6.3B+3.5%

Cash flow

See full

Operating cash flow$151.0M+187%

CapEx$30.8M+21.7%

Free cash flow$120.3M+339%

Valuation

See full

Market cap$13.04B+4.5%

Enterprise value$12.1B+3.1%

P/E30.3×-0.1×

P/S3.2×0.0×

Profitability

See full

Gross margin67.6%-2.3pp

Operating margin13.6%-1.1pp

Net margin10.5%+0.2pp

FCF margin14.3%-1.6pp

Returns & leverage

See full

Return on equity10.8%0.0pp

Debt / equity0×0.0×

Current ratio1.4×+0.2×

Where this comes from

Reported directly by Align Technology in its filing.

Tagged under the XBRL concept us-gaap:NoncurrentAssets.

The official record: Align Technology’s 10-K, filed February 28, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does MX — non-current assets mean?: The total value of all long-term assets owned or controlled by the company in the Mexico region.
How do you interpret MX — non-current assets?: Growth in non-current assets typically signals long-term strategic investment and regional expansion, whereas a decline may reflect asset impairment or a reduction in long-term regional commitment.
How does MX — non-current assets compare across companies?: Comparable to regional non-current asset totals reported by global companies that break down their balance sheet by geographic operating segments.