What does americas — asset impairment charges mean?

The cost recorded when assets in the Americas segment lose significant value.

How do you interpret americas — asset impairment charges?

Frequent or large charges indicate poor capital allocation or a deteriorating business environment in the region.

How does americas — asset impairment charges compare across companies?

Often found in 'Other Operating Expenses' or 'Impairment' line items; high values are a red flag for investors regarding asset quality.

Modine Manufacturing MOD Americas — Asset Impairment Charges

Discontinued — last reported Q4 '14

Similar metrics at other companies

SWNorth America — Property, plant, and equipment impairment

$5.75M—

LULUAmericas — Impairment of assets and restructuring costs

$0—

ELThe Americas — Impairment of long-lived assets

$5.75M-77.7%

CSGPNorth America — Impairment loss

$2.25M0.0%

ELAmericas — Goodwill And Intangible Asset Impairment

$4.25M—

ZBHAmericas — Accumulated Impairment Losses Reportable Segment Change

$305.23M—

Other financials

Income statement

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Revenue$954.4M+47.5%

Gross profit$214.7M+29.3%

Operating income$103.9M+39.5%

Net income$73.3M+47.8%

EPS (diluted)$1.36+46.2%

Balance sheet

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Cash & equivalents$73.5M+2.7%

Total debt$538.5M+32.2%

Total equity$1.2B+31.2%

Total assets$2.7B+39.5%

Cash flow

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Operating cash flow$194.9M+256%

CapEx$42.1M+52.0%

Free cash flow$152.8M+464%

Valuation

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Market cap$15.71B+183%

Enterprise value$16.17B+172%

P/E129.3×+99.1×

P/S4.9×+2.8×

Profitability

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Gross margin23%-1.9pp

Operating margin10.8%-0.2pp

Net margin3.8%-3.3pp

Returns & leverage

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Return on equity11.5%-10.7pp

Debt / equity0.5×0.0×

Current ratio1.9×+0.2×

Where this comes from

Reported directly by Modine Manufacturing in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The official record: Modine Manufacturing’s 10-K, filed May 26, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does americas — asset impairment charges mean?: The cost recorded when assets in the Americas segment lose significant value.
How do you interpret americas — asset impairment charges?: Frequent or large charges indicate poor capital allocation or a deteriorating business environment in the region.
How does americas — asset impairment charges compare across companies?: Often found in 'Other Operating Expenses' or 'Impairment' line items; high values are a red flag for investors regarding asset quality.