What does consolidation — other assets noncurrent mean?

This represents the accounting adjustments made to remove intercompany balances for noncurrent assets during the consolidation process. It ensures that assets held between internal business units are not double-counted in the group's consolidated financial statements.

Allegion ALLE Consolidation — Other Assets Noncurrent

Discontinued — last reported Q3 '18

Similar metrics at other companies

SOFIOther Non-Current Assets

$2.02B+52.0%

CLFEliminations — Total Assets

$0—

PSK

PSKYOther Non-Current Assets

$2.56B—

BOther Eliminations — Long-Lived Assets

$0—

IVZOther Non-Current Assets

$971.6M-22.4%

RCOther Non-Current Assets

$19.46M+72.9%

Other financials

Income statement

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Revenue$1.0B+9.7%

Gross profit$454.5M+7.6%

Operating income$195.3M-0.6%

Net income$138.1M-6.8%

EPS (diluted)$1.59-7.0%

Balance sheet

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Cash & equivalents$308.9M-37.5%

Total debt$2.2B+3.6%

Total equity$2.1B+30.8%

Total assets$5.3B+16.4%

Cash flow

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Operating cash flow$101.3M-3.1%

CapEx$21.0M-0.5%

Free cash flow$80.3M-3.7%

Valuation

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Market cap$11.48B+11.2%

Enterprise value$13.39B+11.8%

P/E18.1×+1.5×

P/S2.8×+0.1×

Profitability

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Gross margin45%+0.5pp

Operating margin20.6%-0.4pp

Net margin15.2%-1.0pp

FCF margin16.4%-0.4pp

Returns & leverage

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Return on equity34.2%-7.9pp

Debt / equity1.1×-0.3×

Current ratio1.9×-0.3×

Where this comes from

Reported directly by Allegion in its filing.

Tagged under the XBRL concept us-gaap:OtherAssetsNoncurrent.

The official record: Allegion’s 10-Q, filed October 25, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation — other assets noncurrent mean?: This represents the accounting adjustments made to remove intercompany balances for noncurrent assets during the consolidation process. It ensures that assets held between internal business units are not double-counted in the group's consolidated financial statements.