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Old Republic International ORI General Insurance Segment — Goodwill, Impairment Loss

Discontinued — last reported Q4 '20

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Other financials

Income statement

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Revenue$2.4B+13.5%
Net income$330.0M+34.7%
EPS (diluted)$1.32+34.7%

Balance sheet

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Cash & equivalents$202.1M-23.4%
Total debt$1.6B+0.1%
Total equity$5.9B-0.1%
Total assets$29.6B+5.6%

Cash flow

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Operating cash flow$281.4M+21.5%

Valuation

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Market cap$9.42B+1.1%
Enterprise value$10.81B+1.6%
P/E9.2×-2.7×
P/S-0.1×

Profitability

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Net margin10.8%+1.5pp

Returns & leverage

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Return on equity17.2%+4.6pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Old Republic International in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Old Republic International’s 10-K, filed March 1, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does general insurance segment — goodwill, impairment loss mean?
A financial charge taken when the value of previously acquired businesses in the General Insurance segment is determined to be lower than their recorded book value.
How do you interpret general insurance segment — goodwill, impairment loss?
An increase is a negative signal indicating poor performance or overvaluation of past acquisitions, while zero or low values indicate stable asset valuation.
How does general insurance segment — goodwill, impairment loss compare across companies?
Standard GAAP impairment charge reported by peers when business units underperform relative to their acquisition-time projections.