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Aptiv APTV Brazil — Loss contingency accrual

Discontinued — last reported Q4 '22

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MELIBrazilian Subsidiaries — Total amount of claim including surcharges and interest
$33M+22.2%
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CPAYBrazil — Acquisition Accounting Adjustments
$0
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ITTBRAZIL — Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount
$1.9M
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CNHBRAZIL — Allowance for credit losses
$131M
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AESBrazil Generation — Regulatory Assets
$0
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ABRLoss Contingency Accrual Provision

Other financials

Income statement

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Revenue$5.1B+5.4%
Gross profit$920.0M0.0%
Operating income$378.0M-15.6%
Net income$189.0M+1,818%
EPS (diluted)$0.88+1,860%

Balance sheet

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Cash & equivalents$3.2B+188%
Total debt$9.9B+17.1%
Total equity$9.2B+3.0%
Total assets$25.2B+9.1%

Cash flow

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Operating cash flow-$143.0M-152%
CapEx$219.0M+11.2%
Free cash flow-$362.0M-576%

Valuation

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Market cap$13.48B+8.4%
Enterprise value$20.19B+2.5%
P/E36.9×+28.9×
P/S0.7×0.0×

Profitability

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Gross margin18.9%-0.2pp
Operating margin5.4%-4.1pp
Net margin1.8%-6.2pp
FCF margin5.3%-3.4pp

Returns & leverage

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Return on equity4%-11.5pp
Debt / equity1.1×+0.1×
Current ratio2.1×+0.5×

Where this comes from

Reported directly by Aptiv in its filing.

Tagged under the XBRL concept us-gaap:LossContingencyAccrualAtCarryingValue.

The official record: Aptiv’s 10-K, filed February 8, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aptiv's brazil — loss contingency accrual?
Aptiv (APTV) reported brazil — loss contingency accrual of $5M in Q4 2022.
How has Aptiv's brazil — loss contingency accrual changed year-over-year?
Aptiv's brazil — loss contingency accrual decreased by 75.0% year-over-year, from $20M to $5M.
What does brazil — loss contingency accrual mean?
The amount of money reserved to cover expected costs from legal or regulatory disputes in Brazil.
How do you interpret brazil — loss contingency accrual?
An increase suggests management anticipates higher potential losses from legal issues, whereas a decrease may indicate lower risk or the successful settlement of prior liabilities.
How does brazil — loss contingency accrual compare across companies?
Comparable to litigation reserve accruals or provisions for legal contingencies reported by global peers under IFRS or US GAAP accounting standards.