What does cumulative gross losses and impairments mean?

This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.

Group 1 Automotive GPI Cumulative Gross Losses and Impairments

Discontinued — last reported Q1 '21

Cumulative Gross Losses and Impairments at other companies

Ally FinancialALLY

$157M-11.3%

Segments

By segment

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U.K.$93M—

Other financials

Income statement

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Revenue$5.4B-1.8%

Gross profit$877.9M-1.6%

Operating income$242.6M+3.7%

Net income$130.2M+1.6%

EPS (diluted)$10.85+12.2%

Balance sheet

See full

Cash & equivalents$41.7M-40.9%

Total debt$3.7B+12.5%

Total equity$2.8B-5.1%

Total assets$10.1B+1.8%

Cash flow

See full

Operating cash flow$92.4M-41.8%

CapEx$84.0M+60.9%

Free cash flow$8.4M-92.1%

Valuation

See full

Market cap$3.79B-22.1%

Profitability

See full

Gross margin16.1%-0.1pp

Operating margin3.3%-1.0pp

Net margin1.5%-0.8pp

FCF margin1.5%—

Returns & leverage

See full

Return on equity11.2%-5.4pp

Debt / equity1.3×+0.2×

Current ratio0.9×-0.1×

Where this comes from

Reported directly by Group 1 Automotive in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairedAccumulatedImpairmentLoss.

The official record: Group 1 Automotive’s 10-Q, filed May 6, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does cumulative gross losses and impairments mean?: This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.