What does impairment charges mean?

Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.

Fresh Del Monte Produce FDP Impairment Charges

Discontinued — last reported Q2 '18

Impairment Charges at other companies

John B. Sanfilippo & SonJBSS

$0—

Flowers FoodsFLO

$0-100%

Segments

By segment

See full

Prepared foods$16.1M—

Other financials

Income statement

See full

Revenue$1.0B-4.9%

Gross profit$89.0M-3.5%

Operating income$20.1M-55.2%

Net income$10.0M-67.8%

EPS (diluted)$0.21-67.2%

Balance sheet

See full

Cash & equivalents$69.8M+103%

Total debt$649.4M+58.0%

Total equity$2.0B+0.4%

Total assets$3.4B+7.9%

Cash flow

See full

Operating cash flow$44.1M-4.3%

CapEx$14.4M+44.0%

Free cash flow$29.7M-17.7%

Valuation

See full

Market cap$1.37B-13.3%

Enterprise value$1.95B-0.4%

P/E19.7×+9.0×

P/S0.3×0.0×

Profitability

See full

Gross margin9.3%+0.7pp

Operating margin2.6%-2.0pp

Net margin1.6%-1.8pp

FCF margin4.5%—

Returns & leverage

See full

Return on equity3.5%-4.1pp

Debt / equity0.3×+0.1×

Current ratio2.3×+0.3×

Where this comes from

Reported directly by Fresh Del Monte Produce in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The official record: Fresh Del Monte Produce’s 10-Q, filed July 31, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does impairment charges mean?: Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.