What does consolidation — secured debt mean?

The amount of internal debt between company entities removed during consolidation to show only external debt.

How do you interpret consolidation — secured debt?

A decrease in eliminations may suggest a reduction in intercompany financing activity or changes in the consolidation scope of joint ventures.

How does consolidation — secured debt compare across companies?

Commonly found in REITs that utilize joint ventures for property development and financing.

Alexandria Real Estate Equities ARE Consolidation — Secured Debt

Discontinued — last reported Q1 '18

Similar metrics at other companies

CTREConsolidation Eliminations — Unsecured Long Term Debt

$0—

AMHConsolidation Eliminations — Secured Debt

$0—

AMHConsolidation Eliminations — Unsecured Debt

$0—

CTREConsolidation Eliminations — Repayments Of Unsecured Debt

$0—

REGConsolidation Eliminations — Long Term Debt

-$669.12M—

CTREConsolidation Eliminations — Liabilities

-$121.36M-91.5%

Other financials

Income statement

See full

Revenue$671.0M-11.5%

Net income$361.7M+4,146%

EPS (diluted)$2.10+3,100%

Balance sheet

See full

Cash & equivalents$418.7M-12.1%

Total debt$358.6M-3.4%

Total equity$15.7B-9.9%

Total assets$34.2B-9.1%

Cash flow

See full

Operating cash flow$196.6M-5.4%

CapEx$137.6M-6.4%

Free cash flow$59.0M-3.1%

Valuation

See full

Market cap$8.89B-49.8%

Enterprise value$8.83B-49.8%

P/S3×-2.7×

Profitability

See full

Net margin-36%-42.7pp

FCF margin36.5%+1.8pp

Returns & leverage

See full

Return on equity-6.4%-7.5pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Alexandria Real Estate Equities in its filing.

Tagged under the XBRL concept us-gaap:SecuredDebt.

The official record: Alexandria Real Estate Equities’s 10-Q, filed May 1, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation — secured debt mean?: The amount of internal debt between company entities removed during consolidation to show only external debt.
How do you interpret consolidation — secured debt?: A decrease in eliminations may suggest a reduction in intercompany financing activity or changes in the consolidation scope of joint ventures.
How does consolidation — secured debt compare across companies?: Commonly found in REITs that utilize joint ventures for property development and financing.