How do you interpret funeral — available for sale securities debt securities?

An increase suggests higher liquidity reserves or a shift toward fixed-income asset allocation, while a decrease may indicate asset liquidation to fund operations or acquisitions.

How does funeral — available for sale securities debt securities compare across companies?

Common among companies with long-term liability funding requirements, such as insurance or pre-need service providers.

Service Corporation International SCI Funeral — Available For Sale Securities Debt Securities

Discontinued — last reported Q1 '17

Similar metrics at other companies

APTVAdvanced Safety and User Experience — Debt Securities, Available-for-Sale

$57M-46.2%

LENLennar Financial Services — Available For Sale Securities

$4.16M-92.8%

UHAL.BLife Insurance — Available For Sale Securities Debt Securities Noncurrent

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UHAL.BLife Insurance — Available For Sale Securities Debt Securities

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UHAL.BLife Insurance — Debt Securities Available For Sale Restricted

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UHAL.BLife Insurance — Available For Sale Securities Pledged As Collateral

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Other financials

Income statement

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Revenue$1.1B+2.1%

Gross profit$286.5M-1.7%

Operating income$243.8M-3.1%

Net income$135.8M-4.9%

EPS (diluted)$0.97-1.0%

Balance sheet

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Cash & equivalents$261.0M+10.5%

Total debt$5.2B+5.1%

Total equity$1.6B-4.0%

Total assets$18.6B+7.3%

Cash flow

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Operating cash flow$333.8M+7.3%

CapEx$79.9M+2.2%

Free cash flow$253.9M+9.0%

Valuation

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Market cap$10.02B+1.5%

Enterprise value$14.92B+2.5%

P/E18.7×+0.1×

P/S2.3×0.0×

Profitability

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Gross margin26.2%-0.1pp

Operating margin22.4%-0.1pp

Net margin12.4%-0.2pp

FCF margin13.3%-2.5pp

Returns & leverage

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Return on equity33.1%+0.4pp

Debt / equity3.3×+0.3×

Current ratio0.6×+0.1×

Where this comes from

Reported directly by Service Corporation International in its filing.

Tagged under the XBRL concept us-gaap:AvailableForSaleSecuritiesDebtSecurities.

The official record: Service Corporation International’s 10-Q, filed April 27, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does funeral — available for sale securities debt securities mean?: The total value of debt investments held by the funeral segment that are intended for future sale.
How do you interpret funeral — available for sale securities debt securities?: An increase suggests higher liquidity reserves or a shift toward fixed-income asset allocation, while a decrease may indicate asset liquidation to fund operations or acquisitions.
How does funeral — available for sale securities debt securities compare across companies?: Common among companies with long-term liability funding requirements, such as insurance or pre-need service providers.