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EnerSys ENS Americasand EMEA — Goodwill And Intangible Asset Impairment

Discontinued — last reported Q4 '17

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Other financials

Income statement

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Revenue$987.9M+1.3%
Gross profit$290.9M-4.2%
Operating income$123.7M-5.8%
Net income$77.3M-19.9%
EPS (diluted)$2.05-14.9%

Balance sheet

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Cash & equivalents$438.7M+27.8%
Total debt$1.2B-1.6%
Total equity$1.9B-0.6%
Total assets$4.0B+0.8%

Cash flow

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Operating cash flow$144.0M+6.5%
CapEx$12.8M-57.6%
Free cash flow$131.2M+25.0%

Valuation

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Market cap$8.32B+77.3%
Enterprise value$9.08B+59.8%
P/E28.4×+15.5×
P/S2.2×+0.9×

Profitability

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Gross margin29.3%-0.9pp
Operating margin11.4%-1.5pp
Net margin7.8%-2.2pp
FCF margin12.5%+8.6pp

Returns & leverage

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Return on equity15.4%-4.5pp
Debt / equity0.6×0.0×
Current ratio2.7×0.0×

Where this comes from

Reported directly by EnerSys in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAndIntangibleAssetImpairment.

The official record: EnerSys’s 10-K, filed May 30, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does americasand EMEA — goodwill and intangible asset impairment mean?
The total accounting loss recorded when the value of acquired assets in the Americas and EMEA regions is written down due to declining business prospects.
How do you interpret americasand EMEA — goodwill and intangible asset impairment?
An increase indicates that the company's past acquisitions in these regions are underperforming or that market conditions have deteriorated, necessitating a write-down of asset values.
How does americasand EMEA — goodwill and intangible asset impairment compare across companies?
Peers in the industrial and energy storage sectors typically report similar impairment charges during periods of economic contraction or post-acquisition integration failure.