What does asia pacific — goodwill impairment mean?

This metric represents the non-cash charge recognized when the carrying value of goodwill assigned to the Asia Pacific reporting unit exceeds its implied fair value. It reflects a downward adjustment in the valuation of acquired assets within this specific geographic region due to diminished growth prospects or market conditions. Investors monitor this to assess the long-term viability and performance of historical acquisitions in the Asia Pacific market.

Watts Water Technologies, Inc. WTS Asia Pacific — Goodwill Impairment

Discontinued — last reported Q4 '14

Similar metrics at other companies

ZBHAsia Pacific — Goodwill

$604.4M—

ARWAsia Pacific — Goodwill

$0—

TTAsia Pacific — Goodwill

$562.8M+4.2%

ACNAsia Pacific — Goodwill

$2.63B+46.4%

FDSAsia Pacific — Goodwill, Written off Related to Sale of Business Unit

$10.75K—

ZBHAsia Pacific — Goodwill Gross

$604.4M—

Other financials

Income statement

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Revenue$677.3M+21.4%

Gross profit$326.1M+19.7%

Operating income$133.0M+51.7%

Net income$99.6M+34.6%

EPS (diluted)$2.97+34.4%

Balance sheet

See full

Cash & equivalents$374.7M+11.3%

Total debt$197.8M+0.3%

Total equity$2.1B+18.3%

Total assets$2.9B+17.6%

Cash flow

See full

Operating cash flow$17.9M-67.6%

CapEx$11.3M+17.7%

Free cash flow$6.6M-85.5%

Valuation

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Market cap$11.48B+42.5%

Enterprise value$11.31B+42.8%

P/E31.3×+3.8×

P/S4.5×+0.9×

Profitability

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Gross margin49.2%+1.6pp

Operating margin19.3%+2.3pp

Net margin14.3%+1.3pp

FCF margin12.4%-2.6pp

Returns & leverage

See full

Return on equity18.9%+1.3pp

Debt / equity0.1×0.0×

Current ratio2.7×+0.3×

Where this comes from

Reported directly by Watts Water Technologies, Inc. in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Watts Water Technologies, Inc.’s 10-K, filed February 29, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does asia pacific — goodwill impairment mean?: This metric represents the non-cash charge recognized when the carrying value of goodwill assigned to the Asia Pacific reporting unit exceeds its implied fair value. It reflects a downward adjustment in the valuation of acquired assets within this specific geographic region due to diminished growth prospects or market conditions. Investors monitor this to assess the long-term viability and performance of historical acquisitions in the Asia Pacific market.