What does industrial systems — loss on assets held for sale mean?

The loss recorded when assets intended for sale are valued below their current accounting book value.

How do you interpret industrial systems — loss on assets held for sale?

Indicates potential impairment of asset value or unfavorable market conditions for divestiture.

How does industrial systems — loss on assets held for sale compare across companies?

Standard accounting treatment for assets held for sale under GAAP/IFRS.

Regal Rexnord RRX Industrial Systems — Loss on Assets Held for Sale

Discontinued — last reported Q1 '24

Similar metrics at other companies

APTVIntelligent Systems — Loss on sale of assets

-$5M—

CNHIndustrial Activities — Loss from sale of business, held for sale

$17M+6.3%

MOG.BIndustrial Systems — Gain (Loss) on Sale of Business

-$15.25M-893%

MODCommercial And Industrial Solutions — Impairment Of Long Lived Assets To Be Disposed Of

$300K—

MOG.BIndustrial Systems — Gain (Loss) on Divestiture

-$1.54M—

RBCEngineered Products — Loss On Sale Of Investments

$16.8K—

Other financials

Income statement

See full

Revenue$1.5B+4.3%

Gross profit$549.9M+4.2%

Operating income$152.7M-4.4%

Net income$64.3M+12.2%

EPS (diluted)$0.96+11.6%

Balance sheet

See full

Cash & equivalents$401.0M+31.3%

Total debt$5.0B-9.9%

Total equity$6.8B+6.0%

Total assets$13.8B-1.8%

Cash flow

See full

Operating cash flow$14.9M-85.4%

CapEx$17.4M+3.6%

Free cash flow-$2.5M-103%

Valuation

See full

Market cap$15.1B+65.1%

Enterprise value$19.67B+33.4%

P/E52.7×+13.5×

P/S2.5×+1.0×

Profitability

See full

Gross margin37.4%+0.7pp

Operating margin11.2%+0.1pp

Net margin4.8%+0.8pp

FCF margin13.4%+4.6pp

Returns & leverage

See full

Return on equity4.3%+0.6pp

Debt / equity0.7×-0.1×

Current ratio2.2×-0.1×

Where this comes from

Reported directly by Regal Rexnord in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfLongLivedAssetsToBeDisposedOf.

The official record: Regal Rexnord’s 10-Q, filed May 7, 2024, on SEC EDGAR. View the filing →

Ask your AI about Regal Rexnord's industrial systems — loss on assets held for sale.

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

Connect your AI

Claude

Questions, answered.

What is Regal Rexnord's industrial systems — loss on assets held for sale?: Regal Rexnord (RRX) reported industrial systems — loss on assets held for sale of $21.5M in Q1 2024.
What does industrial systems — loss on assets held for sale mean?: The loss recorded when assets intended for sale are valued below their current accounting book value.
How do you interpret industrial systems — loss on assets held for sale?: Indicates potential impairment of asset value or unfavorable market conditions for divestiture.
How does industrial systems — loss on assets held for sale compare across companies?: Standard accounting treatment for assets held for sale under GAAP/IFRS.