What does owned and leased hotels — goodwill impairment mean?

A write-down of the value of acquired intangible assets due to poor performance or market changes.

How do you interpret owned and leased hotels — goodwill impairment?

A loss indicates that previous acquisitions are underperforming or that market conditions have negatively impacted the segment's long-term outlook.

How does owned and leased hotels — goodwill impairment compare across companies?

Standard impairment testing metric required under GAAP/IFRS for all companies with significant goodwill.

Hyatt Hotels H Owned And Leased Hotels — Goodwill Impairment

Discontinued — last reported Q4 '20

Similar metrics at other companies

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JEFAsset Management — Goodwill, Impairment Loss

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HONBuilding Automation — Impairment of goodwill

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Other financials

Income statement

See full

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

See full

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

See full

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:GoodwillImpairmentLoss.

The official record: Hyatt Hotels’s 10-K, filed February 18, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does owned and leased hotels — goodwill impairment mean?: A write-down of the value of acquired intangible assets due to poor performance or market changes.
How do you interpret owned and leased hotels — goodwill impairment?: A loss indicates that previous acquisitions are underperforming or that market conditions have negatively impacted the segment's long-term outlook.
How does owned and leased hotels — goodwill impairment compare across companies?: Standard impairment testing metric required under GAAP/IFRS for all companies with significant goodwill.