How do you interpret consolidation eliminations — long term debt noncurrent?

Changes indicate shifts in how the parent company allocates long-term capital across its various business segments.

How does consolidation eliminations — long term debt noncurrent compare across companies?

Standard accounting adjustment for consolidated debt reporting.

Aptiv APTV Consolidation Eliminations — Long Term Debt Noncurrent

Discontinued — last reported Q2 '18

Similar metrics at other companies

PAGConsolidation Eliminations — Long Term Debt Noncurrent

-$92.5M+49.2%

AYIConsolidation Eliminations — Long Term Debt Current

$0—

PNRConsolidation Eliminations — Long Term Debt Noncurrent

-$1.12B+15.3%

WLKConsolidation Eliminations — Long Term Debt Noncurrent

-$4.38B—

GLPIConsolidation Eliminations — Long Term Debt Noncurrent

$0—

ALLEConsolidation Eliminations — Long Term Debt Noncurrent

$0—

Other financials

Income statement

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Revenue$5.1B+5.4%

Gross profit$920.0M0.0%

Operating income$378.0M-15.6%

Net income$189.0M+1,818%

EPS (diluted)$0.88+1,860%

Balance sheet

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Cash & equivalents$3.2B+188%

Total debt$9.9B+17.1%

Total equity$9.2B+3.0%

Total assets$25.2B+9.1%

Cash flow

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Operating cash flow-$143.0M-152%

CapEx$219.0M+11.2%

Free cash flow-$362.0M-576%

Valuation

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Market cap$13.48B+8.4%

Enterprise value$20.19B+2.5%

P/E36.9×+28.9×

P/S0.7×0.0×

Profitability

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Gross margin18.9%-0.2pp

Operating margin5.4%-4.1pp

Net margin1.8%-6.2pp

FCF margin5.3%-3.4pp

Returns & leverage

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Return on equity4%-11.5pp

Debt / equity1.1×+0.1×

Current ratio2.1×+0.5×

Where this comes from

Reported directly by Aptiv in its filing.

Tagged under the XBRL concept us-gaap:LongTermDebtNoncurrent.

The official record: Aptiv’s 10-Q, filed July 31, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — long term debt noncurrent mean?: The removal of long-term internal loans between company divisions.
How do you interpret consolidation eliminations — long term debt noncurrent?: Changes indicate shifts in how the parent company allocates long-term capital across its various business segments.
How does consolidation eliminations — long term debt noncurrent compare across companies?: Standard accounting adjustment for consolidated debt reporting.