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Aptiv APTV Electronicsandsafety — Goodwill Translation Adjustments

Discontinued — last reported Q4 '15

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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:GoodwillTranslationAdjustments.

The official record: Aptiv’s 10-K, filed February 8, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does electronicsandsafety — goodwill translation adjustments mean?
The change in the reported value of goodwill for the Advanced Safety and User Experience segment caused by shifts in foreign currency exchange rates.
How do you interpret electronicsandsafety — goodwill translation adjustments?
An increase indicates a strengthening of foreign currencies relative to the reporting currency, inflating the book value of international assets, while a decrease suggests a weakening of foreign currencies.
How does electronicsandsafety — goodwill translation adjustments compare across companies?
Peers with significant international operations in the automotive electronics sector typically report similar currency translation impacts on intangible assets, often disclosed within the statement of comprehensive income or segment notes.