What does fuel ingredients — goodwill acquired during year mean?

The amount of goodwill recognized on the balance sheet resulting from business acquisitions completed within the fuel ingredients segment during the fiscal year. It represents the premium paid over the fair value of net identifiable assets.

Darling Ingredients Inc. (DAR) Fuel Ingredients — Goodwill acquired during year

Screener

Other segment segments

Feed Ingredients

$5K—

Food Ingredients

$0—

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SUNFuel Distribution — Goodwill, Acquired During Period

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Other financials

Income statement

See full

Revenue$1.7B+16.4%

Gross profit$503.4M+45.5%

Operating income$555.2M+632%

Net income$387.3M+2,959%

EPS (diluted)$2.41+2,913%

Balance sheet

See full

Cash & equivalents$160.7M+70.0%

Total debt$4.2B-1.1%

Total equity$5.2B+13.7%

Total assets$11.0B+6.9%

Cash flow

See full

Operating cash flow$533.5M+266%

CapEx$95.1M+14.4%

Free cash flow$169.8M+34.0%

Valuation

See full

Market cap$9.62B+104%

Enterprise value$13.63B+54.0%

P/E16.1×-28.7×

P/S1.5×+0.6×

Profitability

See full

Gross margin26.3%+3.5pp

Operating margin14.5%+9.5pp

Net margin9.1%+7.3pp

FCF margin11.1%+2.2pp

Returns & leverage

See full

Return on equity12.1%+9.8pp

Debt / equity0.8×-0.1×

Current ratio1.6×+0.1×

Where this comes from

Reported directly by Darling Ingredients Inc. in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.

The source filing: Darling Ingredients Inc.’s 10-Q, filed August 7, 2024.

Filed: Aug 7, 2024
Fiscal quarter: Q2 FY2024
Calendar quarter: Q3 2024
Accession: 0000916540-24-000024

Balance at December 30, 2023	Feed Ingredients	Food Ingredients	Fuel Ingredients	Total
Goodwill	$1,487,236	$900,707	$147,223	$2,535,166
Accumulated impairment losses	(15,914)	(3,170)	(31,580)	(50,664)
	1,471,322	897,537	115,643	2,484,502
Goodwill acquired during year	62,907	—	5,129	68,036
Measurement period adjustments	—	(9,147)	—	(9,147)
Foreign currency translation	(53,109)	(67,923)	(4,085)	(125,117)
Balance at June 29, 2024
Goodwill	1,497,034	823,637	148,267	2,468,938

Item 1. FINANCIAL STATEMENTS

FAQ

What is Darling Ingredients Inc.'s fuel ingredients — goodwill acquired during year?: Darling Ingredients Inc. (DAR) reported fuel ingredients — goodwill acquired during year of $5.13M in Q2 2024.
How has Darling Ingredients Inc.'s fuel ingredients — goodwill acquired during year changed year-over-year?: Darling Ingredients Inc.'s fuel ingredients — goodwill acquired during year increased by 7671.2% year-over-year, from $66K to $5.13M.
What does fuel ingredients — goodwill acquired during year mean?: The amount of goodwill recognized on the balance sheet resulting from business acquisitions completed within the fuel ingredients segment during the fiscal year. It represents the premium paid over the fair value of net identifiable assets.