What does industrial coating systems — D&A mean?

The non-cash cost of using up machinery and intangible assets within the Industrial Coating Systems segment.

How do you interpret industrial coating systems — D&A?

High levels relative to revenue may indicate a capital-intensive business model or recent significant investments in new equipment.

How does industrial coating systems — D&A compare across companies?

Standard segment-level D&A disclosure; peers in manufacturing report this to reconcile segment EBITDA.

Nordson NDSN Industrial Coating Systems — D&A

Discontinued — last reported Q4 '19

Similar metrics at other companies

PPGIndustrial Coatings Segment — Depreciation And Amortization1

$48M-6.8%

PPGIndustrial Coatings — D&A

$52M+8.3%

DDIndustrialsCo — D&A

$153M-1.3%

RRXIndustrial Systems — Depreciation and Amortization

$0-100%

ITTIndustrial Process — D&A

$8.5M-22.7%

RRXCommercialand Industrial Systems — D&A

$14.8M-9.8%

Other financials

Income statement

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Revenue$740.8M+8.5%

Gross profit$404.1M+8.1%

Operating income$197.2M+16.9%

Net income$117.3M+4.4%

EPS (diluted)$2.09+6.1%

Balance sheet

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Cash & equivalents$102.0M-21.6%

Total debt$2.0B-15.1%

Total equity$3.2B+8.2%

Total assets$6.0B-1.6%

Cash flow

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Operating cash flow$180.7M+51.6%

CapEx$10.2M-36.5%

Free cash flow$170.5M+65.3%

Valuation

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Market cap$16.49B+49.2%

Enterprise value$18.36B+38.4%

P/E31.2×+6.5×

P/S5.7×+1.6×

Profitability

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Gross margin55.1%+0.3pp

Operating margin26.4%+2.1pp

Net margin18.2%+1.7pp

FCF margin24.6%+7.6pp

Returns & leverage

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Return on equity17.1%+1.6pp

Debt / equity0.6×-0.2×

Current ratio2.6×0.0×

Where this comes from

Reported directly by Nordson in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: Nordson’s 10-K, filed December 13, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does industrial coating systems — D&A mean?: The non-cash cost of using up machinery and intangible assets within the Industrial Coating Systems segment.
How do you interpret industrial coating systems — D&A?: High levels relative to revenue may indicate a capital-intensive business model or recent significant investments in new equipment.
How does industrial coating systems — D&A compare across companies?: Standard segment-level D&A disclosure; peers in manufacturing report this to reconcile segment EBITDA.