Skip to content

Lennox International LII Consolidation — Payments To Acquire Additional Interest In Subsidiaries

Discontinued — last reported Q3 '16

Similar metrics at other companies

Coeur Mining logo
CDEConsolidation Eliminations — Payments To Acquire Interest In Subsidiaries And Affiliates
$24.34M+1,869%
CF Industries logo
CFConsolidation Eliminations — Payments To Acquire Interest In Subsidiaries And Affiliates
$0
Reliance logo
RSConsolidation Eliminations — Payments For Proceeds From Subsidiary Advances
$21.9M-67.3%
Lennar logo
LENConsolidation Eliminations — Payments For Proceeds From Other Investing Activities
$0
Iron Mountain logo
IRMConsolidation Eliminations — Payments To Acquire Businesses And Interest In Affiliates
$0+100%
The Kraft Heinz Company logo
KHCSubsidiary Issuer — Payments To Acquire Interest In Subsidiaries And Affiliates
$0

Other financials

Income statement

See full
Revenue$1.1B+5.8%
Gross profit$351.3M+3.1%
Operating income$163.5M-2.7%
Net income$117.2M-9.6%
EPS (diluted)$3.35-7.7%

Balance sheet

See full
Cash & equivalents$48.2M-77.8%
Total debt$1.7B+7.6%
Total assets$4.3B+24.2%

Cash flow

See full
Operating cash flow$16.1M+145%
CapEx$55.5M+118%
Free cash flow-$39.4M+35.7%

Valuation

See full
Market cap$18.53B-19.0%
Enterprise value$20.14B-16.5%
P/E23.4×-4.7×
P/S3.5×-0.7×

Profitability

See full
Gross margin33.2%+0.1pp
Operating margin19.7%+0.3pp
Net margin15.1%-0.1pp

Returns & leverage

See full
Return on equity75.8%-43.9pp
Debt / equity1.4×-0.2×
Current ratio1.6×+0.1×

Where this comes from

Reported directly by Lennox International in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireAdditionalInterestInSubsidiaries.

The official record: Lennox International’s 10-Q, filed October 24, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation — payments to acquire additional interest in subsidiaries mean?
Cash spent to buy more shares or ownership stakes in companies already partially owned.
How do you interpret consolidation — payments to acquire additional interest in subsidiaries?
An increase suggests a strategic move to consolidate control or increase the share of profits from subsidiaries.
How does consolidation — payments to acquire additional interest in subsidiaries compare across companies?
Common in companies that utilize joint ventures or partially-owned subsidiaries as part of their growth strategy.