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Crown Holdings CCK Asia — Restructuring Charges

Discontinued — last reported Q4 '19

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ENSAsia — Restructuring Charges
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ENSAsia — Restructuring Charges, Adjusted
$852.75K+25.6%
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RLAsia-Related — Unallocated restructuring charges
$0-100%
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ENSAsia — Restructuring and other exit charges
$182K+52.9%
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ALVAsia And Europe — Restructuring Charges
$53M+1,147%

Other financials

Income statement

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Revenue$3.3B+12.9%
Gross profit$644.0M+3.0%
Operating income$365.0M0.0%
Net income$175.0M-9.3%
EPS (diluted)$1.56-5.5%

Balance sheet

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Cash & equivalents$695.0M-20.9%
Total debt$6.0B+15.6%
Total equity$2.9B+8.3%
Total assets$14.3B+3.4%

Cash flow

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Operating cash flow-$54.0M-486%
CapEx$87.0M+164%
Free cash flow-$141.0M-642%

Valuation

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Market cap$11.35B+7.8%
Enterprise value$16.61B+12.2%
P/E15.8×-3.4×
P/S0.9×0.0×

Profitability

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Gross margin21.5%-0.5pp
Operating margin12.2%-0.7pp
Net margin5.7%+1.0pp
FCF margin7.8%-0.3pp

Returns & leverage

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Return on equity25.7%+4.4pp
Debt / equity+0.1×
Current ratio1.1×+0.2×

Where this comes from

Reported directly by Crown Holdings in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The official record: Crown Holdings’s 10-K, filed February 28, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does asia — restructuring charges mean?
The one-time costs associated with reorganizing or downsizing business operations in the Asia region.
How do you interpret asia — restructuring charges?
An increase indicates active efforts to optimize the regional cost structure, which may temporarily depress earnings but often signals future efficiency gains. A decrease suggests that the restructuring phase is concluding or that the segment has reached a more stable operational state.
How does asia — restructuring charges compare across companies?
Similar to 'Restructuring and impairment charges' reported by global packaging peers, these costs are typically evaluated against the expected annual cost savings and the duration of the restructuring program.