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.

Conduent Incorporated CNDT Cumulative Gross Losses and Impairments

Discontinued — last reported Q3 '23

Cumulative Gross Losses and Impairments at other companies

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Segments

By segment

See full

Commercial:$2.2B—

Government:$754M—

Other financials

Income statement

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Revenue$723.0M-3.7%

Gross profit$136.0M+2.3%

Net income-$33.0M+35.3%

EPS (diluted)-$0.23+30.3%

Balance sheet

See full

Cash & equivalents$251.0M-14.3%

Total debt$952.0M+4.7%

Total equity$641.0M-19.9%

Total assets$2.4B-5.5%

Cash flow

See full

Operating cash flow-$8.0M+86.2%

CapEx$9.0M-35.7%

Free cash flow-$17.0M+76.4%

Valuation

See full

Market cap$226.44M-46.2%

Enterprise value$927.44M-11.1%

P/S0.1×-0.1×

Profitability

See full

Gross margin18.4%+0.4pp

Net margin-5%-14.1pp

FCF margin-0.7%-0.2pp

Returns & leverage

See full

Return on equity-21.1%-59.5pp

Debt / equity1.5×+0.3×

Current ratio1.6×-0.1×

Where this comes from

Reported directly by Conduent Incorporated in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairedAccumulatedImpairmentLoss.

The official record: Conduent Incorporated’s 10-Q, filed November 1, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Conduent Incorporated's cumulative gross losses and impairments?: Conduent Incorporated (CNDT) reported cumulative gross losses and impairments of $3.53B in Q3 2023.
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.