What does asia pacific — goodwill, impairment loss mean?

The specific impairment charge recognized in the current period to reduce the carrying value of goodwill in the Asia Pacific segment. This occurs when the fair value of the reporting unit falls below its carrying amount, signaling a decline in business prospects.

Allegion ALLE Asia Pacific — Goodwill, Impairment Loss

Discontinued — last reported Q1 '20

Similar metrics at other companies

ZBHAsia Pacific — Goodwill

$604.4M—

FDSAsia Pacific — Goodwill, Written off Related to Sale of Business Unit

$10.75K—

ARWAsia Pacific — Goodwill

$0—

WTSAsia Pacific Middle East And Africa — Goodwill Impaired Accumulated Impairment Loss

$12.9M0.0%

ACNAsia Pacific — Goodwill

$2.63B+46.4%

TTAsia Pacific — Goodwill, Other Increase (Decrease)

$0—

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:GoodwillImpairmentLoss.

The official record: Allegion’s 10-Q, filed April 23, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does asia pacific — goodwill, impairment loss mean?: The specific impairment charge recognized in the current period to reduce the carrying value of goodwill in the Asia Pacific segment. This occurs when the fair value of the reporting unit falls below its carrying amount, signaling a decline in business prospects.