What does all other segments — goodwill impairment mean?

This represents the non-cash charge taken when the carrying value of goodwill associated with the 'All Other Segments' exceeds its fair market value. It serves as an indicator that the expected future economic benefits of past acquisitions in these segments have declined. Frequent impairments may suggest poor historical acquisition performance or deteriorating market conditions.

Ormat Technologies ORA All Other Segments — Goodwill Impairment

Discontinued — last reported Q4 '19

Similar metrics at other companies

SLBAll Other — Goodwill Impairment

$52.5M—

YUMCAll Other Segments — Goodwill Impaired Accumulated Impairment Loss

$391M0.0%

CAHOther Segments — Goodwill, Impairment Loss

$0—

INTCAll Other — Goodwill Impairment

$0-100%

FRHCOther — Goodwill, Impaired, Accumulated Impairment Loss

$0—

TXNOther — Goodwill impairment

$8M—

Other financials

Income statement

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Revenue$403.9M+75.8%

Gross profit$120.4M+65.1%

Operating income$80.3M+57.6%

Net income$44.1M+9.2%

EPS (diluted)$0.71+7.6%

Balance sheet

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Cash & equivalents$654.6M+481%

Total debt$46.4M+57.9%

Total equity$2.6B+4.5%

Total assets$6.8B+16.0%

Cash flow

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Operating cash flow$78.6M-10.7%

CapEx$113.8M-40.9%

Free cash flow-$35.2M+66.3%

Valuation

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Market cap$7.85B+60.3%

Enterprise value$7.24B+49.0%

P/E61.5×+22.5×

P/S6.7×+1.2×

Profitability

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Gross margin27.5%-2.6pp

Operating margin17.1%-2.2pp

Net margin11%-3.2pp

FCF margin-18.5%—

Returns & leverage

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Return on equity5.1%-0.1pp

Debt / equity0×0.0×

Current ratio1.1×+0.1×

Where this comes from

Reported directly by Ormat Technologies in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Ormat Technologies’s 10-K, filed March 2, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does all other segments — goodwill impairment mean?: This represents the non-cash charge taken when the carrying value of goodwill associated with the 'All Other Segments' exceeds its fair market value. It serves as an indicator that the expected future economic benefits of past acquisitions in these segments have declined. Frequent impairments may suggest poor historical acquisition performance or deteriorating market conditions.