How do you interpret environmental services — goodwill translation adjustments?

Positive adjustments indicate a strengthening of foreign currencies against the reporting currency, while negative adjustments indicate weakening.

How does environmental services — goodwill translation adjustments compare across companies?

Standard 'Foreign Currency Translation Adjustment' found in the equity section or notes to financial statements for multinational firms.

Clean Harbors CLH Environmental Services — Goodwill Translation Adjustments

Discontinued — last reported Q4 '15

Similar metrics at other companies

RVTYEnvironmental Health — Goodwill Translation Adjustments

$4.69M+169%

WCCCSS — Goodwill, Foreign Currency Translation, Gain (Loss)

-$700K-333%

CTSHFinancial Services — Goodwill Translation Adjustments

-$1.83M+9.9%

CLXInternational — Goodwill, Foreign Currency Translation and Measurement Period Adjustments

$250K+113%

CLXCleaning — Goodwill Foreign Currency Translation Gain Loss

$0—

CSL

CSLFood Service Products — Goodwill Translation Adjustments

$0—

Other financials

Income statement

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Revenue$1.5B+1.9%

Gross profit$445.4M+8.6%

Operating income$118.9M+6.6%

Net income$63.2M+7.7%

EPS (diluted)$1.19+9.2%

Balance sheet

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Cash & equivalents$548.0M+12.0%

Total debt$3.0B+0.2%

Total equity$2.8B+7.9%

Total assets$7.6B+4.2%

Cash flow

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Operating cash flow$6.3M+292%

CapEx$98.4M-17.1%

Free cash flow-$92.1M+21.3%

Valuation

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Market cap$15.25B+42.9%

Enterprise value$17.75B+34.2%

P/E38.6×+11.3×

P/S2.5×+0.7×

Profitability

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Gross margin31.7%+1.0pp

Operating margin11.2%+0.2pp

Net margin6.5%-0.1pp

Returns & leverage

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Return on equity14.8%-1.2pp

Debt / equity1.1×-0.1×

Current ratio2.3×0.0×

Where this comes from

Reported directly by Clean Harbors in its filing.

Tagged under the XBRL concept us-gaap:GoodwillTranslationAdjustments.

The official record: Clean Harbors’s 10-K, filed February 25, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does environmental services — goodwill translation adjustments mean?: Changes in the recorded value of goodwill due to foreign currency exchange rate fluctuations.
How do you interpret environmental services — goodwill translation adjustments?: Positive adjustments indicate a strengthening of foreign currencies against the reporting currency, while negative adjustments indicate weakening.
How does environmental services — goodwill translation adjustments compare across companies?: Standard 'Foreign Currency Translation Adjustment' found in the equity section or notes to financial statements for multinational firms.