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Antero Resources AR Consolidation Eliminations — Gain Loss On Sale Of Other Assets

Discontinued — last reported Q2 '18

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Other financials

Income statement

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Revenue$1.9B+43.8%
Operating income$729.5M+169%
Net income$548.2M+150%
EPS (diluted)$1.72+161%

Balance sheet

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Cash & equivalents$4.5M
Total debt$4.8B+24.8%
Total equity$8.1B+11.7%
Total assets$15.3B+17.6%

Cash flow

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Operating cash flow$859.1M+87.7%
CapEx$4.6M+666%
Free cash flow$854.4M+86.9%

Valuation

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Market cap$10.29B+4.1%
P/E10.3×-25.3×
P/S1.8×-0.4×

Profitability

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Operating margin22.9%+17.9pp
Net margin17.1%+11.0pp
FCF margin34.5%+11.6pp

Returns & leverage

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Return on equity13.1%+9.2pp
Debt / equity0.6×+0.1×
Current ratio0.4×0.0×

Where this comes from

Reported directly by Antero Resources in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnSaleOfOtherAssets.

The official record: Antero Resources’s 10-Q, filed August 1, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — gain loss on sale of other assets mean?
This metric represents the elimination of gains or losses recognized on the internal transfer or sale of assets between consolidated subsidiaries. Since the group as a whole has not realized a gain or loss from an external transaction, these internal accounting entries must be reversed. This ensures that consolidated income is not distorted by internal asset revaluations.