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Bausch Health Companies BHC Goodwill impairment

Discontinued — last reported Q4 '19

Goodwill impairment at other companies

Organon logo
OrganonOGN
$301M
Viatris logo
ViatrisVTRS
$0-100%
Henry Schein logo
Henry ScheinHSIC
$3.25M

Segments

By segment

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Salix$1.43B
Bausch + Lomb$0
Diversified$0-100%
International$0
Solta Medical$0

Other financials

Income statement

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Revenue$2.5B+11.7%
Operating income-$950.0M-444%
Net income-$1.4B-2,353%
EPS (diluted)-$3.82-2,287%

Balance sheet

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Cash & equivalents$1.3B+13.4%
Total debt$20.8B-3.5%
Total equity-$2.1B-74.0%
Total assets$24.5B-7.3%

Cash flow

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Operating cash flow$230.0M+9.0%
CapEx$109.0M-5.2%
Free cash flow$121.0M+26.0%

Valuation

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Market cap$1.86B-15.9%

Profitability

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Gross margin71.4%
Operating margin5.6%-10.3pp
Net margin-1.9%-0.9pp
FCF margin9.8%-2.8pp

Returns & leverage

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Return on equity-70.1%
Debt / equity45.2×
Current ratio1.3×0.0×

Where this comes from

Reported directly by Bausch Health Companies in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Bausch Health Companies’s 10-K, filed February 19, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does goodwill impairment mean?
Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.