What does gain (loss) on disposal of assets mean?

Gains or losses recognized on the disposal of businesses, property, equipment, investments, or other assets at prices above or below their carrying value.

Sonic Automotive SAH Gain (loss) on disposal of assets

Discontinued — last reported Q1 '18

Gain (loss) on disposal of assets at other companies

Penske Automotive GroupPAG

$60.4M+15.5%

Asbury Automotive GroupABG

$125.8M+2,968%

Ally FinancialALLY

-$21M+95.8%

EZP

EzcorpEZPW

$0+100%

Icahn EnterprisesIEP

——

CopartCPRT

——

Segments

By segment

See full

Powersports Dealerships-$1.1M—

Echo Park$900K+143%

Other financials

Income statement

See full

Revenue$3.7B+1.0%

Gross profit$598.8M+5.7%

Operating income$132.7M-8.5%

Net income$60.8M-13.9%

EPS (diluted)$1.79-12.3%

Balance sheet

See full

Cash & equivalents$5.7M-91.2%

Total debt$2.4B+12.2%

Total equity$981.3M-10.0%

Total assets$6.1B+4.1%

Cash flow

See full

Operating cash flow$35.5M-81.9%

CapEx$37.0M-17.8%

Free cash flow-$1.5M-101%

Valuation

See full

Market cap$2.64B+19.3%

Profitability

See full

Gross margin15.9%+0.6pp

Operating margin2.3%-1.1pp

Net margin0.7%-1.0pp

FCF margin1.7%—

Returns & leverage

See full

Return on equity10.5%-14.0pp

Debt / equity2.5×+0.5×

Current ratio1×-0.1×

Where this comes from

Reported directly by Sonic Automotive in its filing.

Tagged under the XBRL concept us-gaap:DisposalGroupNotDiscontinuedOperationGainLossOnDisposal.

The official record: Sonic Automotive’s 10-Q, filed April 26, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does gain (loss) on disposal of assets mean?: Gains or losses recognized on the disposal of businesses, property, equipment, investments, or other assets at prices above or below their carrying value.