How do you interpret americas — restructuring reserve translation adjustment?

Fluctuations are driven by macroeconomic currency trends rather than operational performance, serving as a technical accounting adjustment.

How does americas — restructuring reserve translation adjustment compare across companies?

Standard currency translation adjustment found in multinational corporations with regional reporting.

Allegion ALLE Americas — Restructuring Reserve Translation Adjustment

Discontinued — last reported Q1 '18

Similar metrics at other companies

BAXAmericas — Currency translation and other

-$5M+94.5%

BAXAmericas — Currency translation

-$45M-179%

ACMAmericas — Foreign Exchange Impact

$2.6M+124%

LEVIAmericas — Goodwill Translation Adjustments

-$23.25K-244%

MODAmericas — Goodwill Translation Adjustments

$0-100%

JLLAmericas — Finite And Indefinite Lived Intangible Assets Translation Adjustments

$0-100%

Other financials

Income statement

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Revenue$1.0B+9.7%

Gross profit$454.5M+7.6%

Operating income$195.3M-0.6%

Net income$138.1M-6.8%

EPS (diluted)$1.59-7.0%

Balance sheet

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Cash & equivalents$308.9M-37.5%

Total debt$2.2B+3.6%

Total equity$2.1B+30.8%

Total assets$5.3B+16.4%

Cash flow

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Operating cash flow$101.3M-3.1%

CapEx$21.0M-0.5%

Free cash flow$80.3M-3.7%

Valuation

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Market cap$11.48B+11.2%

Enterprise value$13.39B+11.8%

P/E18.1×+1.5×

P/S2.8×+0.1×

Profitability

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Gross margin45%+0.5pp

Operating margin20.6%-0.4pp

Net margin15.2%-1.0pp

FCF margin16.4%-0.4pp

Returns & leverage

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Return on equity34.2%-7.9pp

Debt / equity1.1×-0.3×

Current ratio1.9×-0.3×

Where this comes from

Reported directly by Allegion in its filing.

Tagged under the XBRL concept us-gaap:RestructuringReserveTranslationAdjustment.

The official record: Allegion’s 10-Q, filed April 26, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does americas — restructuring reserve translation adjustment mean?: The change in the value of Americas restructuring reserves due to currency exchange rate shifts.
How do you interpret americas — restructuring reserve translation adjustment?: Fluctuations are driven by macroeconomic currency trends rather than operational performance, serving as a technical accounting adjustment.
How does americas — restructuring reserve translation adjustment compare across companies?: Standard currency translation adjustment found in multinational corporations with regional reporting.