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CDW CDW Reportable Legal Entities — Interest Income Expense Net

Discontinued — last reported Q1 '18

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Other financials

Income statement

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Revenue$5.7B+9.2%
Gross profit$1.2B+6.0%
Operating income$376.0M+4.0%
Net income$235.4M+4.7%
EPS (diluted)$1.82+7.7%

Balance sheet

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Cash & equivalents$578.6M+22.7%
Total debt$5.8B-3.4%
Total equity$2.6B+10.0%
Total assets$16.5B+9.6%

Cash flow

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Operating cash flow$274.8M-4.3%
CapEx$26.4M-1.9%
Free cash flow$248.4M-4.6%

Valuation

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Market cap$16.4B-26.5%
Enterprise value$21.61B-22.2%
P/E15.2×-5.3×
P/S0.7×-0.3×

Profitability

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Gross margin21.6%-0.3pp
Operating margin7.3%-0.6pp
Net margin4.7%-0.4pp
FCF margin4.7%0.0pp

Returns & leverage

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Return on equity44.2%-4.5pp
Debt / equity2.3×-0.3×
Current ratio1.2×-0.2×

Where this comes from

Reported directly by CDW in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNet.

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

Questions, answered.

What does reportable legal entities — interest income expense net mean?
The difference between interest earned on assets and interest paid on debt.
How do you interpret reportable legal entities — interest income expense net?
A net expense indicates a debt-heavy capital structure, while net income suggests a strong cash position relative to debt.
How does reportable legal entities — interest income expense net compare across companies?
Standard Net Interest Expense; highly dependent on the company's leverage ratio and prevailing interest rate environment.