What does united states — asset impairment charges mean?

The total cost recognized from reducing the book value of assets in the U.S. segment due to diminished value.

How do you interpret united states — asset impairment charges?

Higher charges indicate significant write-downs, suggesting that previous investments are failing to meet performance expectations.

How does united states — asset impairment charges compare across companies?

Standard impairment reporting found in the operating expenses section of the income statement for most retail firms.

GameStop GME United States — Asset Impairment Charges

Discontinued — last reported Q4 '16

Similar metrics at other companies

FCF

FCFSUnited States — Asset Impairment Charges

$0—

GISNorth America Retail — Other Asset Impairment Charges

$13.2M—

ENTGCorporate Segment — Asset Impairment Charges

$0—

STEUNITED STATES — Goodwill, Impairment Loss

$110.41M—

KHCUnited States — Impairment losses

$24M-97.5%

KHCUnited States and International — Impairment losses

$8.6B—

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:AssetImpairmentCharges.

The official record: GameStop’s 10-K, filed March 27, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does united states — asset impairment charges mean?: The total cost recognized from reducing the book value of assets in the U.S. segment due to diminished value.
How do you interpret united states — asset impairment charges?: Higher charges indicate significant write-downs, suggesting that previous investments are failing to meet performance expectations.
How does united states — asset impairment charges compare across companies?: Standard impairment reporting found in the operating expenses section of the income statement for most retail firms.