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Avnet AVT Technology Solutions — Goodwill Impaired Accumulated Impairment Loss

Discontinued — last reported Q4 '16

Similar metrics at other companies

TELTransportation Solutions — Goodwill Impaired Accumulated Impairment Loss

$3.09B0.0%

MODPerformance Technologies — Goodwill Impaired Accumulated Impairment Loss

$40.8M0.0%

LYBTechnology — Goodwill impairments

$0—

BRGlobal Technology and Operations — Goodwill, Impaired, Accumulated Impairment Loss

$0—

STRLTransportation Solutions — Goodwill, impaired, accumulated impairment loss

$42M0.0%

MKSIMaterials Solutions Division — Goodwill Impaired Accumulated Impairment Loss

$1.3B0.0%

Other financials

Income statement

Revenue$7.1B+33.9%

Gross profit$739.1M+25.7%

Operating income$205.5M+43.5%

Net income$94.3M+7.3%

EPS (diluted)$1.14+12.9%

Balance sheet

Cash & equivalents$202.4M+7.2%

Total debt$3.2B+12.0%

Total equity$5.0B+1.4%

Total assets$13.5B+15.2%

Cash flow

Operating cash flow$208.2M-38.4%

CapEx$16.9M-36.9%

Free cash flow-$70.7M-162%

Valuation

Market cap$7.5B+21.3%

Enterprise value$10.47B+17.8%

P/E35.1×+15.5×

P/S0.3×0.0×

Profitability

Gross margin10.5%-0.5pp

Operating margin2.3%-0.5pp

Net margin0.9%-0.6pp

FCF margin0.1%-3.2pp

Returns & leverage

Return on equity4.3%-2.1pp

Debt / equity0.6×+0.1×

Current ratio2×-0.4×

Where this comes from

Reported directly by Avnet in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairedAccumulatedImpairmentLoss.

The official record: Avnet’s 10-K, filed August 12, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does technology solutions — goodwill impaired accumulated impairment loss mean?: This represents the total cumulative amount of impairment charges recognized against the goodwill of the Technology Solutions segment. It reflects historical instances where the carrying value of acquired assets exceeded their recoverable fair value.