What does goodwill impairment mean?

Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

V.F. Corporation VFC Goodwill impairment

Discontinued — last reported Q1 '21

Goodwill impairment at other companies

Veeva SystemsVEEV

$0—

InsmedINSM

$0—

Charles River LaboratoriesCRL

$41.25M-23.3%

AlcoaAA

$36M—

HCA HealthcareHCA

$0—

AeroVironmentAVAV

$151.31M+3,197%

Segments

By segment

See full

Active$0—

Outdoor$0—

Other financials

Income statement

See full

Revenue$2.2B+1.0%

Gross profit$1.2B+7.0%

Operating income$61.5M—

Net income$300.8M+79.3%

EPS (diluted)$0.76+76.7%

Balance sheet

See full

Cash & equivalents$823.9M+91.0%

Total debt$5.0B-7.4%

Total equity$1.8B+24.4%

Total assets$9.3B-0.9%

Cash flow

See full

Operating cash flow$33.3M—

CapEx$27.4M+24.6%

Free cash flow$5.9M—

Valuation

See full

Market cap$6.8B+9.9%

Enterprise value$10.96B-1.7%

P/S0.7×+0.1×

Profitability

See full

Gross margin54.8%+1.3pp

Operating margin6%—

Net margin2.3%+1.4pp

FCF margin5.8%—

Returns & leverage

See full

Return on equity12.9%+7.8pp

Debt / equity2.7×-0.9×

Current ratio1.8×+0.4×

Where this comes from

Reported directly by V.F. Corporation in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: V.F. Corporation’s 10-Q, filed August 4, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does goodwill impairment mean?: Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.