How do you interpret enterprise security — goodwill translation adjustments?

Fluctuations are primarily driven by macroeconomic currency trends rather than operational performance, though they impact the overall balance sheet valuation.

How does enterprise security — goodwill translation adjustments compare across companies?

Comparable to 'Foreign currency translation adjustments' related to intangible assets reported by multinational corporations.

Gen Digital Inc. GEN Enterprise Security — Goodwill Translation Adjustments

Discontinued — last reported Q4 '16

Similar metrics at other companies

SWKSecurities Industry — Goodwill Translation Adjustments

-$14.8M—

SWKSecurity Segment Business Domain — Goodwill Translation Adjustments

-$23.15M—

SWKSecurity Segment Business Domain — Goodwill Foreign Currency Translation Gain Loss

-$12.68M+21.2%

ARWGlobal Ecs — Goodwill Translation Adjustments

-$30.59M-129%

GGGProcess — Goodwill Translation Adjustments

-$4.4M-421%

CGOperating Segments — Goodwill Translation Adjustments

$400K—

Other financials

Income statement

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Revenue$1.3B+27.0%

Gross profit$1.0B+24.2%

Operating income$803.0M+92.6%

Net income$512.0M+261%

EPS (diluted)$0.83+261%

Balance sheet

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Cash & equivalents$411.0M-11.0%

Total debt$8.3B-0.7%

Total equity$2.6B+15.1%

Total assets$15.6B+0.6%

Cash flow

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Operating cash flow$479.0M+1.3%

CapEx$3.0M0.0%

Free cash flow$476.0M+1.3%

Valuation

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Market cap$14.57B-30.3%

Enterprise value$22.42B-20.5%

P/E15×-17.5×

P/S2.9×-2.4×

Profitability

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Gross margin78.5%-1.8pp

Operating margin42.4%+1.5pp

Net margin19.5%+3.1pp

FCF margin30.5%-0.2pp

Returns & leverage

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Return on equity39.9%+10.7pp

Debt / equity3.2×-0.5×

Current ratio0.4×-0.1×

Where this comes from

Reported directly by Gen Digital Inc. in its filing.

Tagged under the XBRL concept us-gaap:GoodwillTranslationAdjustments.

The official record: Gen Digital Inc.’s 10-K, filed May 20, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does enterprise security — goodwill translation adjustments mean?: Changes in the value of goodwill for the enterprise security segment caused by shifts in foreign currency exchange rates.
How do you interpret enterprise security — goodwill translation adjustments?: Fluctuations are primarily driven by macroeconomic currency trends rather than operational performance, though they impact the overall balance sheet valuation.
How does enterprise security — goodwill translation adjustments compare across companies?: Comparable to 'Foreign currency translation adjustments' related to intangible assets reported by multinational corporations.