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Darling Ingredients Inc. DAR Consolidation Eliminations — Net Income Loss Attributable To Noncontrolling Interest

Discontinued — last reported Q1 '18

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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:NetIncomeLossAttributableToNoncontrollingInterest.

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 attributable to noncontrolling interest mean?
The adjustment made to remove noncontrolling interest earnings that are not attributable to the parent company during consolidation.
How do you interpret consolidation eliminations — net income loss attributable to noncontrolling interest?
Fluctuations reflect changes in the ownership structure or profitability of partially-owned subsidiaries rather than core operational performance.
How does consolidation eliminations — net income loss attributable to noncontrolling interest compare across companies?
Standard in companies with complex subsidiary structures and minority interest holdings.