How do you interpret consolidation — intercompany notes receivable current?

Changes reflect the flow of internal capital and liquidity management strategies between business units.

How does consolidation — intercompany notes receivable current compare across companies?

Standard accounting practice for consolidated entities; comparable to internal lending eliminations at peer retailers.

Dollar Tree DLTR Consolidation — Intercompany Notes Receivable Current

Discontinued — last reported Q3 '15

Similar metrics at other companies

RSConsolidation Eliminations — Liabilities Current

-$35.9M—

LIIConsolidation Eliminations — Receivables Net Current

$0—

TEXConsolidation Eliminations — Due From Affiliate Noncurrent

-$4.19B+0.6%

NLYConsolidation Eliminations — Notes Receivable Net

$350.1M+180%

TEXConsolidation Eliminations — Due From Affiliate Current

-$155.3M+12.5%

WLKConsolidation Eliminations — Receivables Net Current

-$9.86B-70.0%

Other financials

Income statement

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Revenue$5.0B+7.2%

Gross profit$1.8B+11.0%

Operating income$473.3M+23.2%

Net income$347.3M+1.1%

EPS (diluted)$1.76+9.3%

Balance sheet

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Cash & equivalents$1.0B-23.2%

Total debt$7.6B+9.9%

Total equity$3.5B-10.2%

Total assets$13.8B-24.4%

Cash flow

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Operating cash flow$644.0M+70.1%

CapEx$252.5M+1.5%

Free cash flow$391.5M+202%

Valuation

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Market cap$21.46B+9.7%

Enterprise value$28.04B+11.6%

P/E16.7×—

P/S1.1×0.0×

Profitability

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Gross margin36.7%+0.9pp

Operating margin8.8%+0.7pp

Net margin6.5%+3.8pp

FCF margin7%+3.2pp

Returns & leverage

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Return on equity34.7%+21.6pp

Debt / equity2.2×+0.4×

Current ratio1.2×+0.1×

Where this comes from

Reported directly by Dollar Tree in its filing.

Tagged under the XBRL concept dltr:IntercompanyNotesReceivableCurrent.

The official record: Dollar Tree’s 10-Q, filed December 6, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation — intercompany notes receivable current mean?: The removal of short-term loans owed to one part of the company by another.
How do you interpret consolidation — intercompany notes receivable current?: Changes reflect the flow of internal capital and liquidity management strategies between business units.
How does consolidation — intercompany notes receivable current compare across companies?: Standard accounting practice for consolidated entities; comparable to internal lending eliminations at peer retailers.