What does cumulative gross losses and impairments mean?

This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.

Zimmer Biomet Holdings ZBH Cumulative Gross Losses and Impairments

Cumulative Gross Losses and Impairments at other companies

Envista Holdings CorporationNVST

$1.17B0.0%

Segments

By geography

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EMEA$1.33B—

Americas$7.7M—

Other financials

Income statement

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Revenue$2.1B+9.3%

Gross profit$1.5B+11.1%

Operating income$373.2M+27.7%

Net income$238.1M+30.8%

EPS (diluted)$1.22+34.1%

Balance sheet

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Cash & equivalents$424.2M-69.4%

Total debt$7.5B+4.1%

Total equity$12.7B+2.2%

Total assets$22.7B+2.4%

Cash flow

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Operating cash flow$359.4M-6.1%

CapEx$36.3M-18.6%

Free cash flow$323.1M-4.5%

Valuation

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Market cap$17.44B-7.4%

Enterprise value$24.49B-5.2%

P/E22.9×0.0×

P/S2.1×-0.3×

Profitability

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Gross margin70%-1.0pp

Operating margin14%-3.0pp

Net margin9.1%-2.8pp

FCF margin17.3%-1.6pp

Returns & leverage

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Return on equity6.1%-1.2pp

Debt / equity0.6×0.0×

Current ratio1.7×-0.7×

Questions, answered.

What does cumulative gross losses and impairments mean?: This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.