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Chart Industries GTLS Energy Chemicals — Goodwill And Intangible Asset Impairment

Discontinued — last reported Q4 '15

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Other financials

Income statement

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Revenue$884.8M-11.7%
Gross profit$251.4M-26.0%
Operating income$52.6M-65.5%
Net income-$17.1M-135%
EPS (diluted)-$0.36-138%

Balance sheet

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Cash & equivalents$269.4M-9.6%
Total debt$3.9B+1.9%
Total equity$3.2B+5.3%
Total assets$9.7B+4.1%

Cash flow

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Operating cash flow-$248.0M-313%
CapEx$24.8M+23.4%
Free cash flow-$272.8M-241%

Valuation

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Market cap$9.96B+50.0%
Enterprise value$13.59B+33.6%
P/S2.4×+0.8×

Profitability

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Gross margin32.5%-1.3pp
Operating margin6.2%-10.1pp
Net margin-0.6%-6.7pp
FCF margin0.2%-10.3pp

Returns & leverage

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Return on equity-0.8%-9.8pp
Debt / equity1.2×0.0×
Current ratio1.5×0.0×

Where this comes from

Reported directly by Chart Industries in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAndIntangibleAssetImpairment.

The official record: Chart Industries’s 10-K, filed February 22, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does energy chemicals — goodwill and intangible asset impairment mean?
The total accounting loss recognized when the value of acquired businesses or intangible assets in the Energy & Chemicals segment is deemed lower than their book value.
How do you interpret energy chemicals — goodwill and intangible asset impairment?
An increase signals that previous acquisitions or investments in this segment have failed to meet performance expectations or that market conditions have significantly worsened.
How does energy chemicals — goodwill and intangible asset impairment compare across companies?
Standard across public companies as 'Goodwill and Intangible Impairment' following annual impairment testing.