What does diagnostics — goodwill mean?

The total value of intangible assets like brand and market position recorded from past acquisitions in the diagnostics segment.

How do you interpret diagnostics — goodwill?

High levels relative to segment assets may indicate potential for future impairment charges if the segment underperforms.

How does diagnostics — goodwill compare across companies?

Goodwill levels vary significantly based on the M&A history of the company compared to organic growth-focused peers.

Bio-Techne TECH Diagnostics — Goodwill

Discontinued — last reported Q4 '18

Similar metrics at other companies

ADiagnostics and Genomics — Goodwill

$2.64B+24.1%

LHDiagnostics — Goodwill

$5.61B—

RVTYDiagnostics — Goodwill, Acquisition

$0—

ADiagnosticsandgenomicssolutions — Goodwill Transfers

$11.25M—

RVTYDiagnostics — Goodwill

$1.86B-4.0%

BIO.BClinical Diagnostics — Goodwill

——

Other financials

Income statement

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Revenue$311.4M-1.5%

Gross profit$208.3M-2.9%

Operating income$75.5M+95.0%

Net income$51.0M+126%

EPS (diluted)$0.32+129%

Balance sheet

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Cash & equivalents$209.8M+49.2%

Total debt$290.3M-31.4%

Total equity$2.1B+3.3%

Total assets$2.6B-3.5%

Cash flow

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Operating cash flow$86.7M+111%

CapEx$9.1M-10.2%

Free cash flow$77.6M+150%

Valuation

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Market cap$9.07B-11.8%

Enterprise value$9.15B-13.6%

P/E60.6×+13.6×

P/S7.5×-1.0×

Profitability

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Gross margin65%-0.8pp

Operating margin14.2%-7.9pp

Net margin10.9%-6.7pp

FCF margin22.3%+4.0pp

Returns & leverage

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Return on equity6.5%-3.9pp

Debt / equity0.1×-0.1×

Current ratio4.5×+0.8×

Where this comes from

Reported directly by Bio-Techne in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Bio-Techne’s 10-K, filed August 27, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does diagnostics — goodwill mean?: The total value of intangible assets like brand and market position recorded from past acquisitions in the diagnostics segment.
How do you interpret diagnostics — goodwill?: High levels relative to segment assets may indicate potential for future impairment charges if the segment underperforms.
How does diagnostics — goodwill compare across companies?: Goodwill levels vary significantly based on the M&A history of the company compared to organic growth-focused peers.