What does agriculture — asset impairment charges mean?

The total value of assets written down due to a decline in their market or operational value.

How do you interpret agriculture — asset impairment charges?

Lower charges are preferred as they indicate that assets are maintaining their value and expected future cash flows.

How does agriculture — asset impairment charges compare across companies?

Standard accounting metric for asset valuation adjustments across all capital-intensive industries.

DuPont de Nemours, Inc. DD Agriculture — Asset Impairment Charges

Discontinued — last reported Q3 '18

Similar metrics at other companies

VMI

VMIAgriculture — Goodwill And Intangible Asset Impairment

$1.98M—

CNHAgriculture — Carrying value of Impairment

$6.7M—

TSNCorporate and Other — Asset Impairment Charges

$75M+971%

VMI

VMIAgriculture — Intangible Impairment

$586K—

ENTGCorporate Segment — Asset Impairment Charges

$0—

XYLCorporate Segment — Asset Impairment Charges

$2M+100%

Other financials

Income statement

See full

Revenue$1.7B+4.3%

Gross profit$602.0M+10.9%

Net income$161.0M+127%

EPS (diluted)$0.39+128%

Balance sheet

See full

Cash & equivalents$752.0M-57.1%

Total debt$3.2B-58.2%

Total equity$14.0B-38.5%

Total assets$21.4B-40.4%

Cash flow

See full

Operating cash flow$232.0M+201%

CapEx$102.0M-16.4%

Free cash flow$130.0M+389%

Valuation

See full

Market cap$19.33B-40.0%

Enterprise value$21.75B-42.9%

P/S2.8×-2.0×

Profitability

See full

Gross margin35%+1.4pp

Net margin-0.4%-0.2pp

FCF margin6.4%+0.7pp

Returns & leverage

See full

Return on equity-0.2%-0.1pp

Debt / equity0.2×-0.1×

Current ratio2.7×+1.3×

Where this comes from

Reported directly by DuPont de Nemours, Inc. in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The official record: DuPont de Nemours, Inc.’s 10-K, filed February 11, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does agriculture — asset impairment charges mean?: The total value of assets written down due to a decline in their market or operational value.
How do you interpret agriculture — asset impairment charges?: Lower charges are preferred as they indicate that assets are maintaining their value and expected future cash flows.
How does agriculture — asset impairment charges compare across companies?: Standard accounting metric for asset valuation adjustments across all capital-intensive industries.