How do you interpret non guarantor subsidiaries — dividends payable current?

High levels indicate active cash repatriation or dividend distribution from these subsidiaries to the parent or other owners.

How does non guarantor subsidiaries — dividends payable current compare across companies?

Comparable to intercompany dividend payable accounts for non-guarantor subsidiaries in complex corporate hierarchies.

The Kraft Heinz Company KHC Non Guarantor Subsidiaries — Dividends Payable Current

Discontinued — last reported Q1 '16

Similar metrics at other companies

LAMRNon Guarantor Subsidiaries — Payments Of Distributions To Affiliates

$105K0.0%

LAMRGuarantor Subsidiaries — Dividends To From Parent

$170.26M+13.8%

ACGLReportable Legal Entities — Cash Dividends Paid To Parent Company By Consolidated Subsidiaries

-$757.22M-87.2%

APHPayments To Noncontrolling Interests Including Dividends

$300K-97.5%

ARReportable Legal Entities — Cash Dividends Paid To Parent Company By Consolidated Subsidiaries

$38.56M+18.1%

CCKConsolidation Eliminations — Cash Dividends Paid To Parent Company By Consolidated Subsidiaries

$323M+56.0%

Other financials

Income statement

See full

Revenue$6.0B+0.8%

Gross profit$2.2B+7.5%

Operating income$1.1B-4.3%

Net income$798.0M+12.1%

EPS (diluted)$0.67+13.6%

Balance sheet

See full

Cash & equivalents$3.6B+59.8%

Total debt$21.1B-2.2%

Total equity$41.9B-15.2%

Total assets$82.0B-9.1%

Cash flow

See full

Operating cash flow$1.0B+39.7%

CapEx$240.0M+0.8%

Free cash flow$766.0M+58.9%

Valuation

See full

Market cap$27.06B-26.7%

Enterprise value$44.58B-20.7%

P/S1.1×-0.4×

Profitability

See full

Gross margin33.9%-0.7pp

Operating margin-22.9%-34.4pp

Net margin-17.4%-22.6pp

FCF margin15.8%+3.3pp

Returns & leverage

See full

Return on equity-9.7%-12.5pp

Debt / equity0.5×+0.1×

Current ratio1.2×-0.1×

Where this comes from

Reported directly by The Kraft Heinz Company in its filing.

Tagged under the XBRL concept us-gaap:DividendsPayableCurrent.

The official record: The Kraft Heinz Company’s 10-Q, filed May 5, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does non guarantor subsidiaries — dividends payable current mean?: Dividends declared by non-guarantor subsidiaries that are currently owed to shareholders.
How do you interpret non guarantor subsidiaries — dividends payable current?: High levels indicate active cash repatriation or dividend distribution from these subsidiaries to the parent or other owners.
How does non guarantor subsidiaries — dividends payable current compare across companies?: Comparable to intercompany dividend payable accounts for non-guarantor subsidiaries in complex corporate hierarchies.