What does consolidation — long term debt noncurrent mean?

The adjustment to remove internal debt between company subsidiaries during financial reporting.

How do you interpret consolidation — long term debt noncurrent?

Fluctuations indicate changes in internal capital allocation or restructuring of intercompany lending arrangements.

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

Standard in all multi-subsidiary firms; peers typically show these as negative offsets to gross consolidated debt.

Acuity Brands AYI Consolidation — Long Term Debt Noncurrent

Discontinued — last reported Q3 '18

Similar metrics at other companies

OSKConsolidation Eliminations — Long Term Debt Noncurrent

$0—

CDWConsolidation Eliminations — Long Term Debt Noncurrent

$0—

MTCHConsolidation Eliminations — Long Term Debt Noncurrent

$0—

PAGConsolidation Eliminations — Long Term Debt Noncurrent

-$92.5M+49.2%

WLKConsolidation Eliminations — Long Term Debt

-$4.46B-54.9%

CLHConsolidation Eliminations — Long Term Debt Noncurrent

$0—

Other financials

Income statement

See full

Revenue$1.1B+4.9%

Gross profit$520.4M+11.2%

Operating income$133.0M+20.7%

Net income$96.8M+24.9%

EPS (diluted)$3.09+26.1%

Balance sheet

See full

Cash & equivalents$272.5M-31.5%

Total debt$808.2M-32.2%

Total equity$2.8B+12.7%

Total assets$4.6B-0.5%

Cash flow

See full

Operating cash flow$89.1M+50.0%

CapEx$15.8M+62.9%

Free cash flow$73.3M+47.5%

Valuation

See full

Market cap$9.63B+0.5%

Enterprise value$10.16B-2.1%

P/E22.4×-0.6×

P/S2.1×-0.3×

Profitability

See full

Gross margin48.7%+1.8pp

Operating margin13.4%-0.4pp

Net margin9.4%-1.2pp

FCF margin12.2%+0.7pp

Returns & leverage

See full

Return on equity16%-1.8pp

Debt / equity0.3×-0.2×

Current ratio2.1×+0.1×

Where this comes from

Reported directly by Acuity Brands in its filing.

Tagged under the XBRL concept us-gaap:LongTermDebtNoncurrent.

The official record: Acuity Brands’s 10-Q, filed July 3, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation — long term debt noncurrent mean?: The adjustment to remove internal debt between company subsidiaries during financial reporting.
How do you interpret consolidation — long term debt noncurrent?: Fluctuations indicate changes in internal capital allocation or restructuring of intercompany lending arrangements.
How does consolidation — long term debt noncurrent compare across companies?: Standard in all multi-subsidiary firms; peers typically show these as negative offsets to gross consolidated debt.