What does cumulative gross losses and impairments mean?

This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.

Central Garden & Pet Company CENT Cumulative Gross Losses and Impairments

Cumulative Gross Losses and Impairments at other companies

Newell BrandsNWL

$5.18B0.0%

POS

Post HoldingsPOST

$609.1M-13.0%

Merck & Co.MRK

$531M0.0%

The J.M. Smucker CompanySJM

——

ZoetisZTS

——

Segments

By segment

See full

Garden Products Segment$213.58M0.0%

Pet Products Segment$195.98M0.0%

Other financials

Income statement

See full

Revenue$906.2M+8.7%

Gross profit$299.6M+9.7%

Operating income$113.9M+22.1%

Net income$79.4M+24.8%

EPS (diluted)$1.28+30.6%

Balance sheet

See full

Cash & equivalents$669.4M+26.0%

Total debt$1.4B-0.4%

Total equity$1.7B+7.1%

Total assets$3.7B+3.2%

Cash flow

See full

Operating cash flow-$49.6M-5.9%

CapEx$10.5M-1.9%

Free cash flow-$60.1M-4.5%

Valuation

See full

Market cap$2.71B-4.7%

Enterprise value$3.46B-7.8%

P/E14.9×—

P/S0.9×0.0×

Profitability

See full

Gross margin32.2%+2.0pp

Operating margin8.4%—

Net margin5.7%—

FCF margin8.9%-1.6pp

Returns & leverage

See full

Return on equity11.4%—

Debt / equity0.9×-0.1×

Current ratio3.4×+0.1×

Questions, answered.

What does cumulative gross losses and impairments mean?: This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.