Skip to content

Eastman Chemical EMN Advanced Materials — Goodwill, Impairment Loss

Discontinued — last reported Q4 '19

Similar metrics at other companies

Dow logo
DOWPerformance Materials & Coatings — Goodwill, Impairment Loss
$0
Entegris logo
ENTGAdvanced Materials Handling AMH — Impairment of goodwill
$0
Entegris logo
ENTGMaterials Sciences — Impairment of goodwill
-$104.79M
Terex logo
TEXMaterials Processing — Goodwill, Impaired, Accumulated Impairment Loss
$23M0.0%
Gartner logo
ITOther — Goodwill impairment
$37.5M
Jefferies Financial Group logo
JEFAsset Management — Goodwill, Impairment Loss
$58.24M

Other financials

Income statement

See full
Revenue$2.2B-4.9%
Gross profit$431.0M-24.0%
Net income$107.0M-41.2%
EPS (diluted)$0.93-40.8%

Balance sheet

See full
Cash & equivalents$665.0M+59.1%
Total debt$5.2B+4.0%
Total equity$6.0B+2.4%
Total assets$15.2B+1.7%

Cash flow

See full
Operating cash flow-$137.0M+18.0%
CapEx$103.0M-29.9%
Free cash flow-$240.0M+23.6%

Valuation

See full
Market cap$8.29B-14.2%
Enterprise value$12.84B-10.1%
P/E20.8×+10.3×
P/S-0.1×

Profitability

See full
Gross margin19.8%-5.1pp
Operating margin16%
Net margin4.6%-5.2pp
FCF margin5.8%-0.4pp

Returns & leverage

See full
Return on equity6.7%-9.4pp
Debt / equity0.9×0.0×
Current ratio1.5×-0.3×

Where this comes from

Reported directly by Eastman Chemical in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Eastman Chemical’s 10-K, filed February 22, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does advanced materials — goodwill, impairment loss mean?
A write-down of the value of goodwill when an acquired business underperforms.
How do you interpret advanced materials — goodwill, impairment loss?
An impairment loss is a negative signal, indicating that the segment's current value is lower than the price paid for it in previous acquisitions.
How does advanced materials — goodwill, impairment loss compare across companies?
A standard accounting metric for all public companies; high frequency indicates poor M&A discipline.