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American Homes 4 Rent AMH Consolidation Eliminations — Proceeds From Collections From Intercompany Notes

Discontinued — last reported Q1 '17

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RSConsolidation Eliminations — Proceeds From Repayments Of Intercompany Borrowings
$21.9M-67.3%
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GLPIConsolidation Eliminations — Proceeds From Collection Of Loans Receivable
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LENConsolidation Eliminations — Proceedsfrom Repaymentsof Intercompany Investing Activities
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CTREConsolidation Eliminations — Proceeds From Collection Of Loans Receivable
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IRMConsolidation Eliminations — Proceeds From Loans From Parent
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MGMConsolidation Eliminations — Proceeds From Payments To Intercompany Activity
$102.2M-54.0%

Other financials

Income statement

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Revenue$472.0M+2.8%
Net income$148.8M+15.6%
EPS (diluted)$0.35+16.7%

Balance sheet

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Cash & equivalents$208.2M-4.9%
Total debt$5.1B+4.0%
Total equity$6.9B-3.2%
Total assets$13.2B-0.9%

Cash flow

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Operating cash flow$203.1M-9.1%
CapEx$9.4M+26.2%
Free cash flow$193.7M-10.3%

Valuation

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Market cap$11.41B-27.4%
Enterprise value$16.35B-19.4%
P/E21.4×-12.2×
P/S6.1×-2.8×

Profitability

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Net margin28.6%+2.1pp
FCF margin43%-2.5pp

Returns & leverage

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Return on equity7.6%+1.0pp
Debt / equity0.7×+0.1×

Where this comes from

Reported directly by American Homes 4 Rent in its filing.

Tagged under the XBRL concept amh:ProceedsFromCollectionsFromIntercompanyNotes.

The official record: American Homes 4 Rent’s 10-Q, filed May 4, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — proceeds from collections from intercompany notes mean?
Cash received from internal loans between company units that is removed during consolidation.
How do you interpret consolidation eliminations — proceeds from collections from intercompany notes?
Changes reflect the internal debt repayment schedule and the liquidity management strategy between the parent and its subsidiaries.
How does consolidation eliminations — proceeds from collections from intercompany notes compare across companies?
Common in corporate treasury management for large real estate portfolios with multiple legal entities.