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AECOM ACM Consolidation Eliminations — Notes Payable Related Parties Noncurrent

Discontinued — last reported Q2 '19

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CVNANotes Payable Current
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Other financials

Income statement

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Revenue$3.8B+0.8%
Gross profit$296.5M+2.0%
Operating income$247.8M-3.8%
Net income$179.9M+25.4%
EPS (diluted)$1.39+28.7%

Balance sheet

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Cash & equivalents$1.0B-35.4%
Total debt$3.4B+6.2%
Total equity$2.3B-0.6%
Total assets$12.0B+1.9%

Cash flow

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Operating cash flow$3.8M-98.0%
CapEx$31.2M+152%
Free cash flow$41.9M-62.2%

Valuation

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Market cap$8.84B-10.9%
Enterprise value$11.17B-4.1%
P/E17.5×+1.4×
P/S0.6×-0.1×

Profitability

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Gross margin7.7%+0.6pp
Operating margin6.3%+0.3pp
Net margin3.2%-0.7pp
FCF margin3.9%-0.7pp

Returns & leverage

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Return on equity22.2%-5.3pp
Debt / equity1.5×+0.1×
Current ratio1.1×0.0×

Where this comes from

Reported directly by AECOM in its filing.

Tagged under the XBRL concept us-gaap:NotesPayableRelatedPartiesNoncurrent.

The official record: AECOM’s 10-Q, filed May 8, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — notes payable related parties noncurrent mean?
This reflects the elimination of long-term intercompany debt obligations between different segments or subsidiaries of the company. By removing these internal liabilities, the consolidated balance sheet accurately displays only debt owed to external creditors. It is a technical adjustment to prevent the inflation of total liabilities.