How do you interpret reportable legal entities — derivative assets noncurrent?

An increase indicates that the company's long-term hedging positions are gaining value, potentially offsetting underlying market risks.

How does reportable legal entities — derivative assets noncurrent compare across companies?

Commonly found in the 'Other Assets' section of the balance sheet for companies using interest rate swaps or similar hedges.

Molina Healthcare MOH Reportable Legal Entities — Derivative Assets Noncurrent

Discontinued — last reported Q1 '17

Similar metrics at other companies

ARReportable Legal Entities — Derivative Assets Current

$420.84M-6.9%

WMGReportable Legal Entities — Derivative Assets Noncurrent

$97M+4,750%

ARReportable Legal Entities — Derivative Assets Noncurrent

$763.59M-52.3%

ARReportable Legal Entities — Derivative Liabilities Noncurrent

$207K-11.5%

ARReportable Legal Entities — Derivative Liabilities Current

$30.66M+835%

GSATReportable Legal Entities — Derivative Liabilities Noncurrent

$119.04M-57.2%

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:DerivativeAssetsNoncurrent.

The official record: Molina Healthcare’s 10-Q, filed May 4, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does reportable legal entities — derivative assets noncurrent mean?: The value of long-term financial hedges that are currently in the money.
How do you interpret reportable legal entities — derivative assets noncurrent?: An increase indicates that the company's long-term hedging positions are gaining value, potentially offsetting underlying market risks.
How does reportable legal entities — derivative assets noncurrent compare across companies?: Commonly found in the 'Other Assets' section of the balance sheet for companies using interest rate swaps or similar hedges.