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Spectrum Brands Holdings SPB Gain (loss) on disposal of assets

Discontinued — last reported Q4 '22

Gain (loss) on disposal of assets at other companies

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The Clorox CompanyCLX
$0
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Tractor Supply CompanyTSCO
$18.72M+17.0%
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General MillsGIS
$0

Other financials

Income statement

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Revenue$753.3M+7.7%
Gross profit$370.4M+40.2%
Operating income$15.9M-49.2%
Net income-$26.8M-235%
EPS (diluted)-$1.16-245%

Balance sheet

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Cash & equivalents$258.9M+112%
Total debt$748.2M-1.5%
Total equity$1.8B-2.4%
Total assets$3.6B+1.0%

Cash flow

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Operating cash flow$83.3M+1.8%
CapEx$9.8M-2.0%
Free cash flow$73.5M+2.4%

Valuation

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Market cap$2.02B+49.2%
Enterprise value$2.51B+26.0%
P/E25.5×+6.9×
P/S0.7×+0.2×

Profitability

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Gross margin39.6%+2.3pp
Operating margin4%-0.1pp
Net margin2.8%+0.2pp
FCF margin10.2%+7.5pp

Returns & leverage

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Return on equity4.2%+0.6pp
Debt / equity0.4×0.0×
Current ratio2.4×0.0×

Where this comes from

Reported directly by Spectrum Brands Holdings in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnDispositionOfAssets1.

The source filing: Spectrum Brands Holdings’s 10-K, filed November 22, 2022.

Filed
Nov 22, 2022, 4:14 PM EST
Fiscal year
FY2022
Accession
0000109177-22-000034
(in millions, except per share)202220212020
General and administrative371.4389.2360.5
Research and development26.729.829.2
Gain from remeasurement of contingent consideration liability(28.5)
Loss on sale of Coevorden operations26.8
Write-off from impairment of intangible assets24.2
Total operating expenses967.2937.5869.5
Operating income23.297.18.6
Interest expense99.4116.593.7

ITEM 15. EXHIBITS, FINANCIAL STATEMENTS AND SCHEDULES

FAQ

What is Spectrum Brands Holdings's gain (loss) on disposal of assets?
Spectrum Brands Holdings (SPB) reported gain (loss) on disposal of assets of $0 in Q3 2022.
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.

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