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RPM International RPM Other Intangible Assets — Impairment Of Intangible Assets Excluding Goodwill

Discontinued — last reported Q4 '17

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Other financials

Income statement

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Revenue$1.6B+8.9%
Gross profit$634.8M+11.9%
Net income$51.4M-1.3%
EPS (diluted)$0.400.0%

Balance sheet

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Cash & equivalents$294.2M+21.6%
Total debt$2.9B+21.1%
Total equity$3.1B+17.7%
Total assets$7.9B+19.1%

Cash flow

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Operating cash flow$73.5M-19.7%
CapEx$47.8M-17.8%
Free cash flow$25.6M-23.1%

Valuation

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Market cap$13.78B-8.2%
Enterprise value$16.39B-4.8%
P/E20.7×-2.6×
P/S1.8×-0.3×

Profitability

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Gross margin41.4%+0.3pp
Net margin8.6%-0.2pp
FCF margin7.5%-0.3pp

Returns & leverage

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Return on equity22.9%-2.8pp
Debt / equity0.9×0.0×
Current ratio2.3×+0.1×

Where this comes from

Reported directly by RPM International in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfIntangibleAssetsExcludingGoodwill.

The official record: RPM International’s 10-K, filed July 23, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does other intangible assets — impairment of intangible assets excluding goodwill mean?
A non-cash expense recorded when the value of specific intangible assets like patents or brands is written down because they are worth less than previously estimated.
How do you interpret other intangible assets — impairment of intangible assets excluding goodwill?
An increase indicates that the company's previously acquired intangible assets are underperforming or have become obsolete, potentially signaling poor past acquisition decisions or deteriorating market conditions for those specific assets. A decrease or zero value suggests that the assets are maintaining their expected economic value.
How does other intangible assets — impairment of intangible assets excluding goodwill compare across companies?
Peers in the specialty chemicals and construction materials sectors often report similar impairments during periods of strategic restructuring or when specific product lines face competitive pressure, making it a standard indicator of asset quality and acquisition success.