How do you interpret consolidation eliminations — trading securities debt?

Changes reflect the volume of internal trading activity or shifts in the group's internal capital market structure.

How does consolidation eliminations — trading securities debt compare across companies?

Standard accounting practice for consolidated financial institutions with internal trading desks.

Popular BPOP Consolidation Eliminations — Trading Securities Debt

Discontinued — last reported Q3 '18

Similar metrics at other companies

ACGLConsolidation Eliminations — Proceeds From Sale Of Available For Sale Securities Debt

-$210.28M—

AMHConsolidation Eliminations — Secured Debt

$0—

MTCHConsolidation Eliminations — Payments To Acquire Available For Sale Securities Debt

$0—

TROWConsolidation Eliminations — Increase Decrease In Trading Securities

$0—

GSATConsolidation Eliminations — Proceeds From Other Debt

$0—

VOYAConsolidation Eliminations — Available For Sale Securities Debt Securities

——

Other financials

Income statement

See full

Revenue$835.8M+10.3%

Net income$245.7M+38.4%

EPS (diluted)$3.78+47.7%

Balance sheet

See full

Cash & equivalents$394.7M+1.1%

Total debt$1.6B+13.3%

Total equity$6.3B+8.8%

Total assets$76.1B+2.8%

Cash flow

See full

Operating cash flow$191.6M+11.4%

CapEx$36.7M-28.8%

Free cash flow$154.9M+28.5%

Valuation

See full

Market cap$10.28B+36.1%

Enterprise value$11.49B+33.6%

P/E11.4×+0.4×

P/S3.1×+0.6×

Profitability

See full

Net margin27.5%+4.4pp

FCF margin21.8%+5.9pp

Returns & leverage

See full

Return on equity14.9%+2.3pp

Debt / equity0.3×0.0×

Where this comes from

Reported directly by Popular in its filing.

Tagged under the XBRL concept us-gaap:TradingSecuritiesDebt.

The official record: Popular’s 10-Q, filed November 8, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — trading securities debt mean?: The adjustment to remove internal trading debt securities held between group entities.
How do you interpret consolidation eliminations — trading securities debt?: Changes reflect the volume of internal trading activity or shifts in the group's internal capital market structure.
How does consolidation eliminations — trading securities debt compare across companies?: Standard accounting practice for consolidated financial institutions with internal trading desks.