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Commercial Metals CMC International Marketing And Distribution — Goodwill Translation Adjustments

Discontinued — last reported Q2 '16

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Other financials

Income statement

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Revenue$2.1B+21.5%
Gross profit$387.9M+76.7%
Net income$93.0M+265%
EPS (diluted)$0.83+277%

Balance sheet

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Cash & equivalents$503.6M-33.7%
Total debt$3.9B+211%
Total equity$4.4B+9.8%
Total assets$9.6B+42.9%

Cash flow

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Operating cash flow$166.3M+413%
CapEx$122.7M+42.2%
Free cash flow$43.6M

Valuation

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Market cap$8.02B+47.7%
Enterprise value$11.38B+91.9%
P/E15.9×-58.4×
P/S+0.3×

Profitability

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Gross margin17.7%+2.4pp
Net margin6%+5.1pp
FCF margin4.7%

Returns & leverage

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Return on equity12%+10.2pp
Debt / equity0.9×+0.6×
Current ratio2.4×-0.4×

Where this comes from

Reported directly by Commercial Metals in its filing.

Tagged under the XBRL concept us-gaap:GoodwillTranslationAdjustments.

The official record: Commercial Metals’s 10-Q, filed March 29, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does international marketing and distribution — goodwill translation adjustments mean?
The change in the value of goodwill caused solely by fluctuations in foreign currency exchange rates.
How do you interpret international marketing and distribution — goodwill translation adjustments?
An increase or decrease reflects currency market movements rather than operational performance, though significant adjustments may indicate exposure to volatile foreign markets.
How does international marketing and distribution — goodwill translation adjustments compare across companies?
Comparable to 'Foreign currency translation adjustments' found in the equity section or notes to financial statements for any multinational corporation with significant foreign goodwill.