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Genuine Parts GPC Material Reconciling Items — Interest Revenue Expense Net

Discontinued — last reported Q1 '18

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Other financials

Income statement

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Revenue$6.3B+6.8%
Gross profit$2.3B+7.6%
Net income$188.5M-3.0%
EPS (diluted)$1.37-2.1%

Balance sheet

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Cash & equivalents$500.0M+18.9%
Total debt$6.4B+4.2%
Total equity$4.5B+0.6%
Total assets$21.0B+5.9%

Cash flow

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Operating cash flow$63.9M+257%
CapEx$97.6M-18.6%
Free cash flow-$33.6M+79.1%

Valuation

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Market cap$14.96B-11.0%
Enterprise value$20.82B-7.4%
P/E17.3×+4.3×
P/S0.6×-0.1×

Profitability

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Gross margin36.9%+0.3pp
Net margin3.4%-1.3pp
FCF margin2.2%+0.7pp

Returns & leverage

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Return on equity17.1%-7.4pp
Debt / equity1.4×0.0×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Genuine Parts in its filing.

Tagged under the XBRL concept us-gaap:InterestRevenueExpenseNet.

The official record: Genuine Parts’s 10-Q, filed April 26, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does material reconciling items — interest revenue expense net mean?
The net cost or income from interest-bearing debt and cash assets managed centrally.
How do you interpret material reconciling items — interest revenue expense net?
An increase in net expense signals higher debt levels or rising interest rates, impacting overall net income.
How does material reconciling items — interest revenue expense net compare across companies?
Commonly reported as 'Net interest expense' in the reconciliation between segment operating income and consolidated pre-tax income.