What does canada — impairment losses mean?

The reduction in value of assets held in the Canadian segment due to declining performance or market conditions.

How do you interpret canada — impairment losses?

An increase suggests deteriorating business prospects or overvaluation of assets in the Canadian market.

How does canada — impairment losses compare across companies?

Commonly reported by multinational consumer goods firms as 'Asset Impairment' or 'Write-downs' within segment disclosures.

The Kraft Heinz Company KHC Canada — Impairment losses

Discontinued — last reported Q2 '20

Similar metrics at other companies

GMECanada — Asset impairments

$0—

HASUS And Canada — Goodwill Impairment

$1.35M—

GMECANADA — Asset impairments, net

$18.3M—

GMECanada — Asset Impairment Charges

$0—

GMECanada — Intangible asset impairment charges

$0—

GMECanada — Impairment Of Long Lived Assets To Be Disposed Of

$0—

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$1.0B+39.7%

CapEx$240.0M+0.8%

Free cash flow$766.0M+58.9%

Valuation

See full

Market cap$27.06B-26.7%

Enterprise value$44.58B-20.7%

P/S1.1×-0.4×

Profitability

See full

Gross margin33.9%-0.7pp

Operating margin-22.9%-34.4pp

Net margin-17.4%-22.6pp

FCF margin15.8%+3.3pp

Returns & leverage

See full

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:ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill.

The official record: The Kraft Heinz Company’s 10-K, filed February 17, 2022, on SEC EDGAR. View the filing →

Questions, answered.

What does canada — impairment losses mean?: The reduction in value of assets held in the Canadian segment due to declining performance or market conditions.
How do you interpret canada — impairment losses?: An increase suggests deteriorating business prospects or overvaluation of assets in the Canadian market.
How does canada — impairment losses compare across companies?: Commonly reported by multinational consumer goods firms as 'Asset Impairment' or 'Write-downs' within segment disclosures.