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Gaming and Leisure Properties GLPI Consolidation Eliminations — Increase Decrease In Interest Payable Net

Discontinued — last reported Q2 '18

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Other financials

Income statement

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Revenue$420.0M+6.3%
Gross profit$360.1M+7.0%
Operating income$333.3M+28.8%
Net income$231.8M+40.3%
EPS (diluted)$0.82+36.7%

Balance sheet

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Cash & equivalents$274.5M+62.6%
Total debt$8.4B+2.6%
Total equity$4.6B+10.0%
Total assets$13.8B+13.5%

Cash flow

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Operating cash flow$270.2M+7.0%
CapEx$111.5M+764%
Free cash flow$158.8M-33.7%

Valuation

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Market cap$12.63B-10.2%
Enterprise value$20.74B-6.0%
P/E14.2×-4.0×
P/S7.8×-1.3×

Profitability

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Gross margin100%0.0pp
Operating margin78.8%+5.8pp
Net margin55.1%+5.1pp
FCF margin45.9%-22.0pp

Returns & leverage

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Return on equity20.2%+1.6pp
Debt / equity1.8×-0.1×

Where this comes from

Reported directly by Gaming and Leisure Properties in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInInterestPayableNet.

The official record: Gaming and Leisure Properties’s 10-Q, filed August 1, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — increase decrease in interest payable net mean?
This metric represents the net change in interest payable balances that are removed during the consolidation process of financial statements. It reflects intercompany interest adjustments between the parent company and its subsidiaries to ensure accurate reporting of external liabilities. This adjustment is critical for isolating the true interest obligations of the consolidated entity.