What does corporate non — goodwill impairment mean?

A non-cash charge reflecting a decrease in the value of goodwill held by the corporate segment.

How do you interpret corporate non — goodwill impairment?

A lower value (or zero) is better, as impairment losses signal a reduction in the value of past investments.

How does corporate non — goodwill impairment compare across companies?

Standard accounting metric for all companies with goodwill on their balance sheet.

Popular BPOP Corporate Non — Goodwill Impairment

Discontinued — last reported Q4 '16

Similar metrics at other companies

CNP

CNPCorporate and Other — Goodwill, Impairment Loss

$0—

FNFCorporate and Other — Goodwill impairment

$750K—

EQHCorporate And Other — Goodwill Impairment

$0-100%

CPAYCorporate Payments — Goodwill, Impairment Loss

$0—

CPAYOther — Goodwill, Impairment Loss

$0-100%

PRUTotal Corporate and Other — Goodwill, Impairment Loss, Net of Tax

$35M-80.4%

Other financials

Income statement

See full

Revenue$835.8M+10.3%

Net income$245.7M+38.4%

EPS (diluted)$3.78+47.7%

Balance sheet

See full

Cash & equivalents$394.7M+1.1%

Total debt$1.6B+13.3%

Total equity$6.3B+8.8%

Total assets$76.1B+2.8%

Cash flow

See full

Operating cash flow$191.6M+11.4%

CapEx$36.7M-28.8%

Free cash flow$154.9M+28.5%

Valuation

See full

Market cap$10.28B+36.1%

Enterprise value$11.49B+33.6%

P/E11.4×+0.4×

P/S3.1×+0.6×

Profitability

See full

Net margin27.5%+4.4pp

FCF margin21.8%+5.9pp

Returns & leverage

See full

Return on equity14.9%+2.3pp

Debt / equity0.3×0.0×

Where this comes from

Reported directly by Popular in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Popular’s 10-K, filed March 1, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does corporate non — goodwill impairment mean?: A non-cash charge reflecting a decrease in the value of goodwill held by the corporate segment.
How do you interpret corporate non — goodwill impairment?: A lower value (or zero) is better, as impairment losses signal a reduction in the value of past investments.
How does corporate non — goodwill impairment compare across companies?: Standard accounting metric for all companies with goodwill on their balance sheet.