Modine Manufacturing MOD Asia — Goodwill Translation Adjustments

Similar metrics at other companies

ESABEMEA & APAC — Goodwill, Foreign Currency Translation, Gain (Loss)

$15.82M+377%

WTSAsia Pacific Middle East And Africa — Goodwill Foreign Currency Translation Gain Loss

$200K—

ZBHAsia Pacific — Goodwill Foreign Currency Translation Gain Loss

$2.5M+37.0%

TTAsia Pacific — Goodwill, Foreign Currency Translation, Gain (Loss)

$5.4M+86.2%

AGCOAsia/Pacific/Africa — Goodwill, Foreign Currency Translation, Gain (Loss)

$0—

ESABAmericas Business Segment — Goodwill, Foreign Currency Translation, Gain (Loss)

$3.7M+417%

Questions, answered.

What does asia — goodwill translation adjustments mean?

Reflects the impact of foreign currency exchange rate fluctuations on the carrying value of goodwill associated with the Asia segment. Since goodwill is often denominated in local currencies, changes in the reporting currency's value relative to these local currencies necessitate periodic adjustments. This metric isolates the non-operational impact of currency volatility on the segment's balance sheet.