What is Penguin Solutions's gain/loss on asset sales?

Penguin Solutions (PENG) reported gain/loss on asset sales of $1.02M in Q1 2021.

What does gain/loss on asset sales mean?

Gains or losses on asset disposals removed from operating cash flow — the cash impact is captured in investing activities.

Penguin Solutions PENG Gain/Loss on Asset Sales

Gain/Loss on Asset Sales at other companies

Ingram MicroINGM

$2.93M-4.3%

KEE

Keel Infrastructure Corp. Common StockKEEL

$318K-94.3%

CNX

PC ConnectionCNXN

$76K+462%

Cipher Digital, Inc. CIFR

-$10.43M-1,548%

NovantaNOVT

$248K-94.3%

Hewlett Packard EnterpriseHPE

——

Other financials

Income statement

See full

Revenue$343.0M-6.2%

Gross profit$93.7M-10.5%

Operating income$25.7M+38.9%

Net income$37.5M+363%

EPS (diluted)$0.58+544%

Balance sheet

See full

Cash & equivalents$489.2M-21.3%

Total debt$509.6M-29.5%

Total equity$394.8M-34.5%

Total assets$1.7B-3.4%

Cash flow

See full

Operating cash flow$55.0M-24.6%

CapEx$1.6M-31.3%

Free cash flow$53.3M-24.4%

Valuation

See full

Market cap$3.4B+2.8%

Profitability

See full

Gross margin28.3%-0.4pp

Operating margin5%+0.8pp

Net margin4.1%+3.7pp

FCF margin8.9%+4.5pp

Returns & leverage

See full

Return on equity11%+10.1pp

Debt / equity1.3×+0.1×

Current ratio2.1×-0.5×

Where this comes from

Reported directly by Penguin Solutions in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnSaleOfPropertyPlantEquipment.

The official record: Penguin Solutions’s 10-Q, filed July 6, 2021, on SEC EDGAR. View the filing →

Ask your AI about Penguin Solutions's gain/loss on asset sales.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Penguin Solutions's gain/loss on asset sales?: Penguin Solutions (PENG) reported gain/loss on asset sales of $1.02M in Q1 2021.
What does gain/loss on asset sales mean?: Gains or losses on asset disposals removed from operating cash flow — the cash impact is captured in investing activities.