What does industrial activities — asset write-downs mean?

The accounting reduction in the value of assets that are no longer worth their original recorded amount.

How do you interpret industrial activities — asset write-downs?

An increase signals poor asset utilization or a decline in the market value of the company's physical or intangible assets.

How does industrial activities — asset write-downs compare across companies?

Commonly seen in manufacturing sectors during periods of technological shifts or market downturns.

CNH Industrial N.V. CNH Industrial Activities — Asset Write-downs

Discontinued — last reported Q1 '22

Similar metrics at other companies

RPMIndustrial — Inventory Write Down

$1.8M+50.0%

LFUSIndustrial — Impairment of intangible assets

$47.8M+21,144%

ITTIndustrial Process — Asset Write Offs

$100K-50.0%

DOWIndustrial Intermediates & Infrastructure — Asset Impairment Charges

$58M—

FLSIndustrial Product Division — Asset Impairment Charges

$9.7M—

FLSIndustrial Product Division — Inventory Write Down

$7.7M-54.4%

Other financials

Income statement

See full

Revenue$3.8B-0.1%

Gross profit$1.2B-3.0%

Net income$7.0M-94.7%

EPS (diluted)$0.01-90.0%

Balance sheet

See full

Cash & equivalents$1.6B-5.4%

Total debt$26.2B-0.4%

Total equity$7.4B+31.9%

Total assets$42.0B0.0%

Cash flow

See full

Operating cash flow$35.0M-78.4%

Valuation

See full

Market cap$12.97B-11.0%

Enterprise value$37.56B-4.2%

P/E33.6×+19.2×

P/S0.7×-0.1×

Profitability

See full

Gross margin31.3%-1.2pp

Net margin2.1%-3.2pp

Returns & leverage

See full

Return on equity33.5%—

Debt / equity3.2×—

Where this comes from

Reported directly by CNH Industrial N.V. in its filing.

Tagged under the XBRL concept cnhi:AssetWriteDowns.

The official record: CNH Industrial N.V.’s 10-Q, filed May 9, 2023, on SEC EDGAR. View the filing →

Ask your AI about CNH Industrial N.V.'s industrial activities — asset write-downs.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is CNH Industrial N.V.'s industrial activities — asset write-downs?: CNH Industrial N.V. (CNH) reported industrial activities — asset write-downs of $44M in Q1 2022.
What does industrial activities — asset write-downs mean?: The accounting reduction in the value of assets that are no longer worth their original recorded amount.
How do you interpret industrial activities — asset write-downs?: An increase signals poor asset utilization or a decline in the market value of the company's physical or intangible assets.
How does industrial activities — asset write-downs compare across companies?: Commonly seen in manufacturing sectors during periods of technological shifts or market downturns.