What does canada — goodwill translation adjustments mean?

The specific portion of goodwill value changes in the Canadian segment attributable solely to the translation of local currency financial statements into the parent company's reporting currency. This isolates the impact of foreign exchange movements on the balance sheet.

The Kraft Heinz Company KHC Canada — Goodwill Translation Adjustments

Discontinued — last reported Q2 '16

Similar metrics at other companies

MSGoodwill Adjustments

$5M+187%

CATGoodwill Adjustments

$20M+219%

JLLCapital Markets Services — Goodwill, Translation Adjustments

-$7.4M-152%

TDYGoodwill Adjustments

-$35.6M-166%

JLLInvestment Management — Goodwill, Translation Adjustments

-$300K-160%

FERGCanada Segment — Goodwill

$188M+7.4%

Other financials

Income statement

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Revenue$6.0B+0.8%

Gross profit$2.2B+7.5%

Operating income$1.1B-4.3%

Net income$798.0M+12.1%

EPS (diluted)$0.67+13.6%

Balance sheet

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Cash & equivalents$3.6B+59.8%

Total debt$21.1B-2.2%

Total equity$41.9B-15.2%

Total assets$82.0B-9.1%

Cash flow

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Operating cash flow$1.0B+39.7%

CapEx$240.0M+0.8%

Free cash flow$766.0M+58.9%

Valuation

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Market cap$27.06B-26.7%

Enterprise value$44.58B-20.7%

P/S1.1×-0.4×

Profitability

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Gross margin33.9%-0.7pp

Operating margin-22.9%-34.4pp

Net margin-17.4%-22.6pp

FCF margin15.8%+3.3pp

Returns & leverage

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Return on equity-9.7%-12.5pp

Debt / equity0.5×+0.1×

Current ratio1.2×-0.1×

Where this comes from

Reported directly by The Kraft Heinz Company in its filing.

Tagged under the XBRL concept us-gaap:GoodwillTranslationAdjustments.

The official record: The Kraft Heinz Company’s 10-Q, filed August 5, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does canada — goodwill translation adjustments mean?: The specific portion of goodwill value changes in the Canadian segment attributable solely to the translation of local currency financial statements into the parent company's reporting currency. This isolates the impact of foreign exchange movements on the balance sheet.