Connect your AI

Eastman Chemical EMN Chemical Intermediates — Goodwill Translation Adjustments

Discontinued — last reported Q1 '16

Similar metrics at other companies

JLLInvestment Management — Goodwill, Translation Adjustments

-$300K-160%

HXLEngineered Products — Goodwill And Intangible Assets Currency Translation And Other Adjustments

$0—

SPXCCost of products sold — Goodwill related to foreign currency translation

-$400K-116%

JLLLeasing Advisory — Goodwill, Translation Adjustments

-$5.2M-141%

TDYGoodwill Adjustments

-$35.6M-166%

JLLCapital Markets Services — Goodwill, Translation Adjustments

-$7.4M-152%

Other financials

Income statement

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

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

Operating cash flow-$137.0M+18.0%

CapEx$103.0M-29.9%

Free cash flow-$240.0M+23.6%

Valuation

Market cap$8.29B-14.2%

Enterprise value$12.84B-10.1%

P/E20.8×+10.3×

P/S1×-0.1×

Profitability

Gross margin19.8%-5.1pp

Operating margin16%—

Net margin4.6%-5.2pp

FCF margin5.8%-0.4pp

Returns & leverage

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:GoodwillTranslationAdjustments.

The official record: Eastman Chemical’s 10-Q, filed May 5, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does chemical intermediates — goodwill translation adjustments mean?: The impact of foreign currency exchange rate fluctuations on the carrying value of goodwill denominated in non-functional currencies within the Chemical Intermediates segment. This captures the non-cash effect of global market volatility on the segment's balance sheet.