How do you interpret securities industry — goodwill translation adjustments?

A negative adjustment indicates a strengthening reporting currency, while a positive adjustment indicates a weakening reporting currency relative to the assets' functional currencies.

How does securities industry — goodwill translation adjustments compare across companies?

Similar to 'Foreign Currency Translation Adjustments' on goodwill reported by multinational corporations with significant international operations.

Stanley Black & Decker SWK Securities Industry — Goodwill Translation Adjustments

Discontinued — last reported Q1 '16

Similar metrics at other companies

GGGProcess — Goodwill Translation Adjustments

-$4.4M-421%

GENEnterprise Security — Goodwill Translation Adjustments

$2M+162%

CTSHFinancial Services — Goodwill Translation Adjustments

-$1.83M+9.9%

RRXCommercialand Industrial Systems — Goodwill Translation Adjustments

-$1.78M+43.7%

CGOperating Segments — Goodwill Translation Adjustments

$400K—

VMI

VMIEngineered Support Structures — Goodwill Translation Adjustments

-$1.21M-1.1%

Other financials

Income statement

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Revenue$3.8B+2.7%

Gross profit$1.2B+3.3%

Net income$59.6M-34.1%

EPS (diluted)$0.39-35.0%

Balance sheet

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Cash & equivalents$344.4M-1.2%

Total debt$6.9B+8.6%

Total equity$9.0B+1.5%

Total assets$21.6B-4.0%

Cash flow

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Operating cash flow-$388.8M+7.4%

CapEx$58.5M-10.0%

Free cash flow-$447.3M+7.8%

Valuation

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Market cap$13.49B+27.0%

Enterprise value$20.05B+20.1%

P/E36.3×+7.3×

P/S0.9×+0.2×

Profitability

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Gross margin30.4%+0.7pp

Net margin2.4%0.0pp

FCF margin4.8%-0.3pp

Returns & leverage

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Return on equity4.2%0.0pp

Debt / equity0.8×+0.1×

Current ratio1.1×0.0×

Where this comes from

Reported directly by Stanley Black & Decker in its filing.

Tagged under the XBRL concept us-gaap:GoodwillTranslationAdjustments.

The official record: Stanley Black & Decker’s 10-Q, filed April 22, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does securities industry — goodwill translation adjustments mean?: The change in the value of goodwill in the Securities Industry segment caused solely by fluctuations in foreign exchange rates.
How do you interpret securities industry — goodwill translation adjustments?: A negative adjustment indicates a strengthening reporting currency, while a positive adjustment indicates a weakening reporting currency relative to the assets' functional currencies.
How does securities industry — goodwill translation adjustments compare across companies?: Similar to 'Foreign Currency Translation Adjustments' on goodwill reported by multinational corporations with significant international operations.