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Ball Corporation BALL Metal Beverage Packaging Americas And Asia — Goodwill

Discontinued — last reported Q2 '16

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$3.04B-0.1%

Other financials

Income statement

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Revenue$3.6B+16.3%
Gross profit$646.0M+7.0%
Operating income$196.0M-26.6%
Net income$205.0M+14.5%
EPS (diluted)$0.77+22.2%

Balance sheet

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Cash & equivalents$730.0M+62.6%
Total debt$7.9B+16.0%
Total equity$5.6B+1.8%
Total assets$19.8B+9.6%

Cash flow

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Operating cash flow-$777.0M-16.8%
CapEx$161.0M+98.8%
Free cash flow-$938.0M-25.7%

Valuation

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Market cap$15.37B+7.0%
Enterprise value$22.53B+8.7%
P/E16.3×-12.0×
P/S1.1×-0.1×

Profitability

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Gross margin19.2%-1.2pp
Operating margin9.6%+2.1pp
Net margin6.9%+2.7pp
FCF margin0.3%

Returns & leverage

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Return on equity17%+9.0pp
Debt / equity1.4×+0.2×
Current ratio1.1×+0.1×

Where this comes from

Reported directly by Ball Corporation in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

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

Questions, answered.

What does metal beverage packaging americas and asia — goodwill mean?
The value of intangible assets like brand and market position acquired through business purchases in the Americas and Asia packaging segment.
How do you interpret metal beverage packaging americas and asia — goodwill?
An increase reflects recent acquisition activity, while a decrease may signal impairment charges or divestitures.
How does metal beverage packaging americas and asia — goodwill compare across companies?
Comparable to goodwill balances reported by other multinational packaging companies that utilize M&A as a primary growth strategy.