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ITT ITT Interconnect Solutions — Remaining Restructuring Payments Anticipated Next Year

Discontinued — last reported Q4 '15

Similar metrics at other companies

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CSLInterconnect Technologies — Payments For Restructuring
$2.2M-67.6%
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CSLInterconnect Technologies — Restructuring Reserve
$0-100%
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CSLInterconnect Technologies — Restructuring Reserve Settled Without Cash2
$0
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CSLCarlisle Interconnect Technologies — Exit and disposal costs, expected to be incurred
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GISInternational — Expected Cash Payments For Restructuring
$18M+350%

Other financials

Income statement

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Revenue$1.2B+32.7%
Gross profit$428.8M+32.7%
Operating income$141.2M-6.4%
Net income$78.0M-28.0%
EPS (diluted)$0.89-33.1%

Balance sheet

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Cash & equivalents$600.8M+36.6%
Total debt$3.5B+321%
Total equity$4.7B+70.5%
Total assets$11.1B+130%

Cash flow

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Operating cash flow$39.9M-64.8%
CapEx$26.1M-29.1%
Free cash flow$13.8M-82.0%

Valuation

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Market cap$17.6B+55.9%
Enterprise value$20.49B+76.8%
P/E38.5×+16.6×
P/S4.2×+1.0×

Profitability

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Gross margin35.5%+0.5pp
Operating margin15.9%-2.8pp
Net margin10.8%-3.4pp

Returns & leverage

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Return on equity12.2%-7.1pp
Debt / equity0.7×+0.4×
Current ratio1.5×+0.3×

Where this comes from

Reported directly by ITT in its filing.

Tagged under the XBRL concept itt:RemainingRestructuringPaymentsAnticipatedNextYear.

The official record: ITT’s 10-K, filed February 22, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does interconnect solutions — remaining restructuring payments anticipated next year mean?
The amount of cash expected to be spent on restructuring in the Interconnect Solutions segment next year.
How do you interpret interconnect solutions — remaining restructuring payments anticipated next year?
Higher anticipated payments suggest a continued commitment to restructuring, while lower values indicate the winding down of these programs.
How does interconnect solutions — remaining restructuring payments anticipated next year compare across companies?
Comparable to 'Restructuring liability maturity' or 'Expected restructuring cash outflows' in segment footnotes.