How do you interpret safety services — goodwill period increase decrease?

Increases typically signal recent M&A activity, whereas decreases may indicate impairment losses or adjustments to previous acquisition valuations.

How does safety services — goodwill period increase decrease compare across companies?

Standard balance sheet movement reported by all public companies under 'Goodwill' or 'Changes in Goodwill'.

APi Group APG Safety Services — Goodwill Period Increase Decrease

Discontinued — last reported Q2 '20

Similar metrics at other companies

VRSKFinancial Services — Goodwill Period Increase Decrease

-$175K—

BROServices — Goodwill Acquired During Period Adjusted Amount

$100K-97.9%

DDSafety And Construction — Goodwill Changes

$0—

NTRSCorporate And Institutional Service — Goodwill Period Increase Decrease

-$325K—

ONBInsurance — Goodwill Period Increase Decrease

$275K—

BAGlobal Services — Goodwill adjustments

——

Other financials

Income statement

See full

Revenue$2.0B+15.3%

Gross profit$620.0M+14.4%

Operating income$103.0M+22.6%

Net income$57.0M+62.9%

EPS (diluted)$0.12+71.4%

Balance sheet

See full

Cash & equivalents$645.0M+39.9%

Total debt$2.8B+0.2%

Total equity$3.5B+16.9%

Total assets$9.0B+10.7%

Cash flow

See full

Operating cash flow$85.0M+37.1%

CapEx$18.0M+50.0%

Free cash flow$67.0M+34.0%

Valuation

See full

Market cap$18.43B+76.1%

Enterprise value$20.54B+60.4%

P/E56.9×+13.3×

P/S2.3×+0.8×

Profitability

See full

Gross margin31.4%+0.2pp

Operating margin7%+0.5pp

Net margin4%+0.6pp

FCF margin8.3%-0.1pp

Returns & leverage

See full

Return on equity10%+0.9pp

Debt / equity0.8×-0.1×

Current ratio1.4×0.0×

Where this comes from

Reported directly by APi Group in its filing.

Tagged under the XBRL concept us-gaap:GoodwillPeriodIncreaseDecrease.

The official record: APi Group’s 10-Q, filed August 12, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does safety services — goodwill period increase decrease mean?: The net change in the value of goodwill recorded on the balance sheet for the safety services segment.
How do you interpret safety services — goodwill period increase decrease?: Increases typically signal recent M&A activity, whereas decreases may indicate impairment losses or adjustments to previous acquisition valuations.
How does safety services — goodwill period increase decrease compare across companies?: Standard balance sheet movement reported by all public companies under 'Goodwill' or 'Changes in Goodwill'.