How do you interpret health plans — goodwill and intangible asset impairment?

An increase in impairment charges is negative, signaling that previous investments have not met performance expectations.

How does health plans — goodwill and intangible asset impairment compare across companies?

Standard accounting adjustment reported by companies that grow through acquisitions.

Molina Healthcare MOH Health Plans — Goodwill And Intangible Asset Impairment

Discontinued — last reported Q3 '17

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GTLSBiomedical — Goodwill And Intangible Asset Impairment

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Other financials

Income statement

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Revenue$10.8B-3.1%

Gross profit$1.5B-8.5%

Operating income$83.0M-80.8%

Net income$14.0M-95.3%

EPS (diluted)$0.27-95.0%

Balance sheet

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Cash & equivalents$5.3B+9.4%

Total debt$3.9B+4.8%

Total equity$4.1B-5.3%

Total assets$16.4B0.0%

Cash flow

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Operating cash flow$1.1B+469%

CapEx$27.0M+22.7%

Free cash flow$1.1B+528%

Valuation

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Market cap$10.18B-61.5%

Enterprise value$8.81B-67.1%

P/E15.8×-7.6×

P/S0.2×-0.4×

Profitability

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Gross margin12.9%-2.4pp

Operating margin3%-1.2pp

Net margin2%-0.9pp

FCF margin0.6%—

Returns & leverage

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Return on equity19.7%-6.7pp

Debt / equity1×+0.1×

Current ratio1.6×0.0×

Where this comes from

Reported directly by Molina Healthcare in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAndIntangibleAssetImpairment.

The official record: Molina Healthcare’s 10-Q, filed November 7, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does health plans — goodwill and intangible asset impairment mean?: A reduction in the recorded value of intangible assets or goodwill due to a decline in their worth.
How do you interpret health plans — goodwill and intangible asset impairment?: An increase in impairment charges is negative, signaling that previous investments have not met performance expectations.
How does health plans — goodwill and intangible asset impairment compare across companies?: Standard accounting adjustment reported by companies that grow through acquisitions.