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GameStop GME Canada — Impairment Of Intangible Assets Indefinitelived Excluding Goodwill

Discontinued — last reported Q4 '19

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Other financials

Income statement

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Revenue$835.3M+14.0%
Gross profit$340.3M+34.6%
Operating income$143.3M+1,427%
Net income$389.6M+770%
EPS (diluted)$0.66+633%

Balance sheet

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Cash & equivalents$7.4B+15.4%
Total debt$4.3B+146%
Total equity$5.8B+17.1%
Total assets$11.0B+46.3%

Cash flow

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Operating cash flow$337.4M+75.3%
CapEx$4.5M+55.2%
Free cash flow$332.9M+75.6%

Valuation

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Market cap$9.66B-39.3%
Enterprise value$6.58B-41.5%
P/E12.7×-63.7×
P/S2.6×-1.7×

Profitability

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Gross margin34.4%+3.8pp
Operating margin10.3%
Net margin20.4%+14.8pp
FCF margin19.8%

Returns & leverage

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Return on equity14.1%+7.5pp
Debt / equity0.7×+0.4×
Current ratio12.4×+4.0×

Where this comes from

Reported directly by GameStop in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill.

The official record: GameStop’s 10-K, filed March 27, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does canada — impairment of intangible assets indefinitelived excluding goodwill mean?
The reduction in value of non-goodwill intangible assets like brands or licenses in Canada due to loss of market relevance.
How do you interpret canada — impairment of intangible assets indefinitelived excluding goodwill?
An increase signals that the brand equity or intangible assets in the Canadian market are losing value or competitive advantage.
How does canada — impairment of intangible assets indefinitelived excluding goodwill compare across companies?
Standard impairment testing metric for retail companies with regional brand portfolios.