How do you interpret metal beverage packaging europe — catch up depreciation?

An increase indicates asset impairment or accelerated retirement of machinery, potentially signaling operational restructuring or technological obsolescence.

How does metal beverage packaging europe — catch up depreciation compare across companies?

Similar to asset impairment or accelerated depreciation charges reported by industrial peers in the packaging or manufacturing sectors.

Ball Corporation BALL Metal Beverage Packaging Europe — Catch Up Depreciation

Discontinued — last reported Q2 '17

Similar metrics at other companies

CCKEuropean Beverage — Depreciation

$16M+14.3%

CCKEuropean Food — Depreciation

$9.25M+2.8%

IPPackaging Solutions EMEA — D&A

$107M+569%

CMCEurope Steel Group — D&A

$9.03M+10.0%

PKGPackaging — D&A

$215.9M+68.1%

CCKEuropean Beverage — Cost Of Goods And Services Sold Depreciation

$14M+14.3%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$777.0M-16.8%

CapEx$161.0M+98.8%

Free cash flow-$938.0M-25.7%

Valuation

See full

Market cap$15.37B+7.0%

Enterprise value$22.53B+8.7%

P/E16.3×-12.0×

P/S1.1×-0.1×

Profitability

See full

Gross margin19.2%-1.2pp

Operating margin9.6%+2.1pp

Net margin6.9%+2.7pp

FCF margin0.3%—

Returns & leverage

See full

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 bll:CatchUpDepreciation.

The official record: Ball Corporation’s 10-Q, filed August 3, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does metal beverage packaging europe — catch up depreciation mean?: One-time, accelerated depreciation charges resulting from changes in the estimated useful life or value of manufacturing assets.
How do you interpret metal beverage packaging europe — catch up depreciation?: An increase indicates asset impairment or accelerated retirement of machinery, potentially signaling operational restructuring or technological obsolescence.
How does metal beverage packaging europe — catch up depreciation compare across companies?: Similar to asset impairment or accelerated depreciation charges reported by industrial peers in the packaging or manufacturing sectors.