What does cumulative gross losses and impairments mean?

This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.

Atkore ATKR Cumulative Gross Losses and Impairments

Discontinued — last reported Q1 '17

Cumulative Gross Losses and Impairments at other companies

GHC

Graham HoldingsGHC

$446.34M-24.0%

Archer AviationACHR

$0—

Envista Holdings CorporationNVST

$1.17B0.0%

Intuitive Machines, Inc.LUNR

$0—

Hope BancorpHOPE

$14.13M-17.4%

KennametalKMT

$810.87M0.0%

Segments

By segment

See full

Safety & Infrastructure$61.89M+43.9%

Electrical$12.15M+115%

Other financials

Income statement

See full

Revenue$731.4M+4.2%

Gross profit$136.1M-26.5%

Operating income$10.4M+120%

Net income-$124.1M-148%

EPS (diluted)-$3.65-150%

Balance sheet

See full

Cash & equivalents$442.3M+33.9%

Total debt$760.6M-0.7%

Total equity$1.3B-9.2%

Total assets$2.8B-0.1%

Cash flow

See full

Operating cash flow-$55.5M-175%

CapEx$14.5M-35.2%

Free cash flow-$67.3M-303%

Valuation

See full

Market cap$2.63B-3.7%

Profitability

See full

Gross margin20.2%-8.4pp

Operating margin6.3%-15.4pp

Net margin-4.2%-10.7pp

FCF margin6.9%-3.5pp

Returns & leverage

See full

Return on equity-9%-21.9pp

Debt / equity0.6×+0.1×

Current ratio2.6×-0.4×

Where this comes from

Reported directly by Atkore in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairedAccumulatedImpairmentLoss.

The official record: Atkore’s 10-Q, filed February 7, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does cumulative gross losses and impairments mean?: This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.