What does life science — goodwill, impairment loss mean?

A non-cash charge reflecting a reduction in the value of previously acquired businesses within the Life Science segment.

How do you interpret life science — goodwill, impairment loss?

An increase signals a decline in the perceived value of past acquisitions, which is generally negative for investor sentiment.

How does life science — goodwill, impairment loss compare across companies?

Commonly reported by companies that engage in frequent M&A activity within the life sciences sector.

Bio-Rad Laboratories, Inc. BIO.B Life Science — Goodwill, Impairment Loss

Discontinued — last reported Q4 '19

Similar metrics at other companies

GTLSBiomedical — Goodwill Impairment

$32.81M—

LHBiopharma Laboratory Services — Goodwill, Impairment Loss

$0-100%

WAT

WATBiosciences — Goodwill

$3.8B—

RVTYLife Sciences — Goodwill

$4.75B+3.9%

STELife Science Member — Goodwill Transfers

$0—

PEA

PEAKLifescience — Other Asset Impairment Charges

——

Other financials

Income statement

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Revenue$592.1M+1.1%

Gross profit$309.4M+1.1%

Operating income$34.1M+43.9%

Net income-$527.1M-924%

EPS (diluted)-$19.55-954%

Balance sheet

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Cash & equivalents$509.0M-2.7%

Total debt$987.3M-28.4%

Total equity$6.9B+2.6%

Total assets$9.8B+2.8%

Cash flow

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Operating cash flow$108.1M-16.8%

CapEx$30.0M-12.8%

Free cash flow$78.1M-18.2%

Valuation

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Market cap$7.56B+10.3%

Enterprise value$8.04B+4.2%

P/E44.8×—

P/S2.9×+0.2×

Profitability

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Gross margin51.9%-1.6pp

Operating margin8.8%-3.1pp

Net margin6.5%+3.4pp

FCF margin13.8%-0.2pp

Returns & leverage

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Return on equity2.5%+1.3pp

Debt / equity0.1×-0.1×

Current ratio3.2×-2.8×

Where this comes from

Reported directly by Bio-Rad Laboratories, Inc. in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Bio-Rad Laboratories, Inc.’s 10-K, filed March 2, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does life science — goodwill, impairment loss mean?: A non-cash charge reflecting a reduction in the value of previously acquired businesses within the Life Science segment.
How do you interpret life science — goodwill, impairment loss?: An increase signals a decline in the perceived value of past acquisitions, which is generally negative for investor sentiment.
How does life science — goodwill, impairment loss compare across companies?: Commonly reported by companies that engage in frequent M&A activity within the life sciences sector.