How do you interpret consolidation eliminations — intercompany investing?

Changes indicate internal restructuring or capital allocation shifts between business units.

How does consolidation eliminations — intercompany investing compare across companies?

Standard intercompany elimination item found in the consolidated financial statements of large, multi-subsidiary corporations.

Clean Harbors CLH Consolidation Eliminations — Intercompany Investing

Discontinued — last reported Q1 '18

Similar metrics at other companies

OSKConsolidation Eliminations — Intercompany Investing

-$44.1M-111%

TOLConsolidation Eliminations — Investmentspaidintercompany

-$90M-7,100%

RHP

RHPConsolidation Eliminations — Investment In Affiliated Companies

-$5.92B-13.4%

EHCConsolidation Eliminations — Intercompany Receivablesand Investmentsin Consolidated Affiliates

-$3.27B-6.7%

CCKConsolidation Eliminations — Investments In Affiliates Subsidiaries Associates And Joint Ventures

-$7.42B-7.4%

MTCHConsolidation Eliminations — Intercompany Investing Activities

$10.67M-42.7%

Other financials

Income statement

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Revenue$1.5B+1.9%

Gross profit$445.4M+8.6%

Operating income$118.9M+6.6%

Net income$63.2M+7.7%

EPS (diluted)$1.19+9.2%

Balance sheet

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Cash & equivalents$548.0M+12.0%

Total debt$3.0B+0.2%

Total equity$2.8B+7.9%

Total assets$7.6B+4.2%

Cash flow

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Operating cash flow$6.3M+292%

CapEx$98.4M-17.1%

Free cash flow-$92.1M+21.3%

Valuation

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Market cap$15.25B+42.9%

Enterprise value$17.75B+34.2%

P/E38.6×+11.3×

P/S2.5×+0.7×

Profitability

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Gross margin31.7%+1.0pp

Operating margin11.2%+0.2pp

Net margin6.5%-0.1pp

FCF margin7.7%+1.9pp

Returns & leverage

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Return on equity14.8%-1.2pp

Debt / equity1.1×-0.1×

Current ratio2.3×0.0×

Where this comes from

Reported directly by Clean Harbors in its filing.

Tagged under the XBRL concept clh:IntercompanyInvesting.

The official record: Clean Harbors’s 10-Q, filed May 2, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — intercompany investing mean?: Internal investments between company units that are removed during consolidation.
How do you interpret consolidation eliminations — intercompany investing?: Changes indicate internal restructuring or capital allocation shifts between business units.
How does consolidation eliminations — intercompany investing compare across companies?: Standard intercompany elimination item found in the consolidated financial statements of large, multi-subsidiary corporations.