What does subsidiary issuer — due to affiliate current mean?

Short-term amounts the subsidiary owes to other parts of the company.

How do you interpret subsidiary issuer — due to affiliate current?

High balances suggest the subsidiary is utilizing internal credit or has significant outstanding obligations to affiliates.

How does subsidiary issuer — due to affiliate current compare across companies?

Standard intercompany payable balance found in the financial statements of complex, multi-entity corporate structures.

The Kraft Heinz Company KHC Subsidiary Issuer — Due To Affiliate Current

Discontinued — last reported Q1 '16

Similar metrics at other companies

CLHReportable Legal Entities — Payables To Affiliates Subsidiaries And Holding Companies

$600.29M+53.6%

GSATReportable Legal Entities — Due To Affiliate Current

$807.77M+6.1%

CLHReportable Legal Entities — Receivables From Affiliates Subsidiaries And Holding Companies

$600.98M+51.7%

ARReportable Legal Entities — Due To Affiliate Current

$114.07M+44.3%

KKRAsset Management and Strategic Holdings — Due to Affiliates

$415.26M-10.4%

TPX

TPXReportable Legal Entities — Due To Affiliate Noncurrent

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Other financials

Income statement

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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

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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

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Operating cash flow$1.0B+39.7%

CapEx$240.0M+0.8%

Free cash flow$766.0M+58.9%

Valuation

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Market cap$27.06B-26.7%

Enterprise value$44.58B-20.7%

P/S1.1×-0.4×

Profitability

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Gross margin33.9%-0.7pp

Operating margin-22.9%-34.4pp

Net margin-17.4%-22.6pp

FCF margin15.8%+3.3pp

Returns & leverage

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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:DueToAffiliateCurrent.

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

Questions, answered.

What does subsidiary issuer — due to affiliate current mean?: Short-term amounts the subsidiary owes to other parts of the company.
How do you interpret subsidiary issuer — due to affiliate current?: High balances suggest the subsidiary is utilizing internal credit or has significant outstanding obligations to affiliates.
How does subsidiary issuer — due to affiliate current compare across companies?: Standard intercompany payable balance found in the financial statements of complex, multi-entity corporate structures.