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Liberty Media Corporation FWONA Sirius Xm — Goodwill

Discontinued — last reported Q4 '17

Similar metrics at other companies

Sirius XM logo
SIRISiriusXM — Goodwill
$11.43B0.0%
Sirius XM logo
SIRISirius XM — Goodwill, impairment loss
$704.75M
Sirius XM logo
SIRISiriusXM — Gross Carrying Value
$8.61B0.0%
Sirius XM logo
SIRISirius XM — Accumulated impairment of goodwill since the merger
$4.77B
Sirius XM logo
SIRIPandora — Goodwill
$861M+3.5%
Sirius XM logo
SIRISiriusXM — Finite-Lived Intangible Assets, Net
$66M-36.5%

Other financials

Income statement

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Revenue$711.0M+59.1%
Operating income$64.0M+196%
Net income$57.0M+1,040%

Balance sheet

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Cash & equivalents$1.3B-57.7%
Total debt$5.0B+10.0%
Total equity$7.8B+10.4%
Total assets$15.9B+19.6%

Cash flow

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Operating cash flow$357.0M-8.7%
CapEx$20.0M-39.4%
Free cash flow$337.0M-5.9%

Valuation

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Market cap$22.74B-5.1%
Enterprise value$26.43B+4.7%
P/E37.5×
P/S4.8×-2.0×

Profitability

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Gross margin83.9%
Operating margin14.9%+11.4pp
Net margin12.8%+7.0pp
FCF margin16.2%

Returns & leverage

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Return on equity7.5%+4.4pp
Debt / equity0.7×+0.2×
Current ratio1.3×-1.2×

Where this comes from

Reported directly by Liberty Media Corporation in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Liberty Media Corporation’s 10-K, filed March 1, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does sirius xm — goodwill mean?
The carrying value of intangible assets representing the premium paid for past business acquisitions within the Sirius XM segment.
How do you interpret sirius xm — goodwill?
A stable or increasing balance reflects historical acquisition activity, while a sudden decrease typically signals an impairment charge due to underperformance.
How does sirius xm — goodwill compare across companies?
Standard balance sheet item for companies that have grown through M&A; comparable to goodwill reported by other media conglomerates.