Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
7th grade Avg
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New words:
acquisition, actuarial, Aichelin, America, Angstrom, anniversary, assumed, assumption, ASU, attaining, Austria, beginning, Beijing, Calculation, Certification, Changzhou, Charter, consideration, deferred, document, duly, EMA, embedded, Europe, Extension, extruded, FASB, fastener, February, Fogarty, Germany, GmbH, Goodwill, guidance, headquartered, hereof, Indutec, Inline, Instance, Label, leading, Linkbase, Meckesheim, Modling, North, Page, paid, Patrick, pay, President, Property, proprietary, realize, recognition, Schedule, scheduled, Schema, SEC, slightly, Southern, standard, Taxonomy, thereunto, Title, Topic, undersigned, valuation, Vice, XBRL
Removed:
approve, arrangement, ASC, attributable, authority, cancelled, capacity, close, compound, conflict, consolidate, consummate, consummated, customary, directly, disposal, enter, entry, exclude, extrusion, finalize, financing, implemented, inability, listed, locomotive, marine, meeting, memorandum, Michigan, MOU, occur, open, operational, original, plan, portion, relocate, sell, shift, shortage, silicon, Tennessee, twelve, understanding, updated
Financial report summary
?Risks
- Adverse credit market conditions may significantly affect our access to capital, cost of capital and ability to meet liquidity needs.
- Adverse global economic conditions may have significant effects on our customers and suppliers that could result in material adverse effects on our business and operating results.
- Inflation may continue to have a significant effect on labor and raw material costs, which could continue to result in material adverse effects on our business and operating results.
- Because a significant portion of our sales is to the automotive and heavy-duty truck industries, a decrease in the demand of these industries or the loss of any of our major customers in these industries could adversely affect our financial health.
- Our Supply Technologies customers are generally not contractually obligated to purchase products and services from us.
- We are dependent on key customers.
- We operate in highly competitive industries.
- Our Supply Technologies business depends upon third parties for substantially all of our component parts.
- The raw materials used in our production processes and by our suppliers of component parts are subject to price and supply fluctuations that could continue to increase our costs of production and adversely affect our results of operations.
- The energy costs involved in our production processes and transportation are subject to fluctuations that are beyond our control and could significantly increase our costs of production.
- Operating problems in our business may materially adversely affect our financial condition and results of operations.
- We have a significant amount of goodwill, and any future goodwill impairment charges could adversely impact our results of operations.
- Our business and operating results may be adversely affected by natural disasters, other catastrophic events or public health issues, all of which are beyond our control.
- The insurance that we maintain may not fully cover all potential expenses.
- Some of our employees belong to labor unions, and strikes or work stoppages could adversely affect our operations.
- The loss of key executives could adversely impact us.
- Potential product liability risks exist from the products that we sell.
- We operate and source internationally, which exposes us to the risks of doing business abroad.
- We are subject to significant environmental, health and safety laws and regulations and related compliance expenditures and liabilities.
- We may be exposed to certain regulatory and financial risks related to climate change.
- Adverse global economic conditions may have significant effects on our customers that would result in our inability to borrow or to meet our debt service coverage ratio in our revolving credit facility.
- We may encounter difficulty in expanding our business through targeted acquisitions.
- Our Chairman of the Board, Chief Executive Officer and President and former President collectively beneficially own a significant portion of Holdings’ outstanding common stock and their interests may conflict with yours.