What does consolidation eliminations — net income loss mean?

This adjustment removes the impact of intercompany profits and losses that have not yet been realized through an external transaction. It ensures that the consolidated net income reflects only profits earned from external customers. This is a fundamental accounting step to prevent the overstatement of group earnings.

Darling Ingredients Inc. DAR Consolidation Eliminations — Net Income Loss

Discontinued — last reported Q1 '18

Similar metrics at other companies

APGCorporate and Elimination — Net revenues

$1.98B+15.3%

BOther Eliminations — Net Sales

-$21.05M+6.7%

TKOEliminations — Revenue

-$9.44M+28.1%

MKLEliminations — Unpaid losses and loss adjustment expenses

-$191.48M-75.5%

SLBEliminations Other — Revenue

-$261M-47.5%

HEICorporate And Eliminations — Revenue from Contract with Customer, Excluding Assessed Tax

-$13.25M-16.0%

Other financials

Income statement

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Revenue$1.6B+12.3%

Gross profit$404.9M+30.1%

Operating income$226.8M+698%

Net income$134.3M+613%

EPS (diluted)$0.83+619%

Balance sheet

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Cash & equivalents$116.0M+42.4%

Total debt$4.4B+4.9%

Total equity$4.9B+9.6%

Total assets$10.6B+6.1%

Cash flow

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Operating cash flow$153.0M-38.6%

CapEx$95.1M+14.4%

Free cash flow$169.8M+34.0%

Valuation

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Market cap$8.53B+112%

Enterprise value$12.77B+62.4%

P/E38.2×+14.7×

P/S1.4×+0.6×

Profitability

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Gross margin24.8%+2.2pp

Operating margin7.5%+1.1pp

Net margin3.5%+0.5pp

FCF margin11.1%+2.2pp

Returns & leverage

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Return on equity4.8%+1.0pp

Debt / equity0.9×0.0×

Current ratio1.6×+0.2×

Where this comes from

Reported directly by Darling Ingredients Inc. in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: Darling Ingredients Inc.’s 10-Q, filed May 9, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — net income loss mean?: This adjustment removes the impact of intercompany profits and losses that have not yet been realized through an external transaction. It ensures that the consolidated net income reflects only profits earned from external customers. This is a fundamental accounting step to prevent the overstatement of group earnings.