How do you interpret powertrainsystems — goodwill translation adjustments?

An increase or decrease reflects currency market volatility rather than operational performance, serving as a reconciliation item for balance sheet integrity.

How does powertrainsystems — goodwill translation adjustments compare across companies?

Comparable to foreign currency translation adjustments on intangible assets reported by multinational industrial companies with global operations.

Aptiv APTV Powertrainsystems — Goodwill Translation Adjustments

Discontinued — last reported Q4 '15

Similar metrics at other companies

BWADrivetrain — Goodwill Translation Adjustments

-$2.23M+58.4%

GGGProcess — Goodwill Translation Adjustments

-$4.4M-421%

DOVEngineered Systems — Goodwill Translation Adjustments

$6.92M+275%

HUBBPower — Goodwill Translation Adjustments

-$125K+54.5%

BWAEngine — Goodwill Translation Adjustments

-$8.85M+24.4%

VMI

VMIEngineered Support Structures — Goodwill Translation Adjustments

-$1.21M-1.1%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$143.0M-152%

CapEx$219.0M+11.2%

Free cash flow-$362.0M-576%

Valuation

See full

Market cap$13.48B+8.4%

Enterprise value$20.19B+2.5%

P/E36.9×+28.9×

P/S0.7×0.0×

Profitability

See full

Gross margin18.9%-0.2pp

Operating margin5.4%-4.1pp

Net margin1.8%-6.2pp

FCF margin5.3%-3.4pp

Returns & leverage

See full

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 powertrainsystems — goodwill translation adjustments mean?: The change in the reported value of goodwill for the powertrain systems segment caused solely by fluctuations in foreign currency exchange rates.
How do you interpret powertrainsystems — goodwill translation adjustments?: An increase or decrease reflects currency market volatility rather than operational performance, serving as a reconciliation item for balance sheet integrity.
How does powertrainsystems — goodwill translation adjustments compare across companies?: Comparable to foreign currency translation adjustments on intangible assets reported by multinational industrial companies with global operations.