What does corporate — indemnification asset mean?

A financial asset representing the right to be reimbursed by another party for specific liabilities.

How do you interpret corporate — indemnification asset?

An increase indicates higher expected recoveries from third parties, while a decrease suggests a reduction in the value of these indemnification rights.

How does corporate — indemnification asset compare across companies?

Similar to indemnification assets or receivables from former parent companies or divestiture partners found in corporate balance sheets.

Dow DOW Corporate — Indemnification Asset

Discontinued — last reported Q3 '19

Similar metrics at other companies

IRCorporate Non — Total Assets

$399.2M+3.7%

AFLCorporate and other — Total Assets

$5.25B+6.1%

WSTCorporate and Eliminations — Segment assets

$474.8M+41.6%

AJGCorporate — Amortization

$0—

AJGCorporate — Total Assets

$2.19B-87.6%

ALLReinsurance and indemnification recoverables, net

$8.42B-16.5%

Other financials

Income statement

See full

Revenue$9.8B-6.1%

Gross profit$640.0M-4.6%

Net income-$533.0M-73.6%

Balance sheet

See full

Cash & equivalents$4.2B+172%

Total debt$18.8B+1,167%

Total equity$15.2B-9.2%

Total assets$59.8B+4.0%

Cash flow

See full

Operating cash flow$1.1B+1,135%

CapEx$503.0M-26.6%

Free cash flow$621.0M+205%

Valuation

See full

Market cap$22.87B+21.6%

Enterprise value$37.47B+81.4%

P/S0.6×+0.1×

Profitability

See full

Gross margin6.4%-3.0pp

Net margin-6.8%-7.7pp

Returns & leverage

See full

Return on equity-16.7%-18.8pp

Debt / equity1.2×+1.1×

Current ratio1.8×+0.3×

Where this comes from

Reported directly by Dow in its filing.

Tagged under the XBRL concept dow:IndemnificationAsset.

The official record: Dow’s 10-Q, filed October 25, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does corporate — indemnification asset mean?: A financial asset representing the right to be reimbursed by another party for specific liabilities.
How do you interpret corporate — indemnification asset?: An increase indicates higher expected recoveries from third parties, while a decrease suggests a reduction in the value of these indemnification rights.
How does corporate — indemnification asset compare across companies?: Similar to indemnification assets or receivables from former parent companies or divestiture partners found in corporate balance sheets.