How do you interpret americas management and franchising — intangible impairment?

An increase signals a decline in the expected value of intangible assets, often due to underperforming management contracts or adverse market conditions.

How does americas management and franchising — intangible impairment compare across companies?

Similar to impairment charges reported by hospitality firms following acquisitions or during periods of industry-wide asset revaluation.

Hyatt Hotels H Americas Management And Franchising — Intangible Impairment

Discontinued — last reported Q4 '14

Similar metrics at other companies

WTSAmericas — Intangible Impairment

$100K0.0%

JLLAmericas — Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)

$125K—

MODAmericas — Asset Impairment Charges

$300K—

JEFInternational Asset Management Business — Impairment Of Intangible Assets Excluding Goodwill

$100K—

ELThe Americas — Impairment charges of indefinite-lived intangible assets

$36M-10.0%

ELAmericas — Goodwill And Intangible Asset Impairment

$4.25M—

Other financials

Income statement

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Revenue$1.7B+1.7%

Net income$38.0M+90.0%

EPS (diluted)$0.40+111%

Balance sheet

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Cash & equivalents$594.0M-65.8%

Total debt$5.1B+11.1%

Total equity$3.2B-6.7%

Total assets$13.9B-0.7%

Cash flow

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Operating cash flow$100.0M-34.6%

CapEx$23.0M-23.3%

Free cash flow$77.0M-37.4%

Valuation

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Market cap$19.03B+16.6%

Enterprise value$23.56B+24.7%

P/S2.7×+0.2×

Profitability

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Net margin-0.5%-13.3pp

FCF margin9.8%+2.0pp

Returns & leverage

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Return on equity-1%-24.9pp

Debt / equity1.6×+0.3×

Current ratio0.6×-0.4×

Where this comes from

Reported directly by Hyatt Hotels in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfIntangibleAssetsFinitelived.

The official record: Hyatt Hotels’s 10-K, filed February 16, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does americas management and franchising — intangible impairment mean?: A non-cash charge reflecting a reduction in the value of finite-lived intangible assets like management contracts.
How do you interpret americas management and franchising — intangible impairment?: An increase signals a decline in the expected value of intangible assets, often due to underperforming management contracts or adverse market conditions.
How does americas management and franchising — intangible impairment compare across companies?: Similar to impairment charges reported by hospitality firms following acquisitions or during periods of industry-wide asset revaluation.