How do you interpret consolidation eliminations — comprehensive income net of tax?

Fluctuations primarily reflect changes in the volume and profitability of intercompany transactions rather than operational performance.

How does consolidation eliminations — comprehensive income net of tax compare across companies?

Common in all complex organizations with multiple legal entities and intercompany service agreements.

MGM Resorts International MGM Consolidation Eliminations — Comprehensive Income Net Of Tax

Discontinued — last reported Q1 '18

Similar metrics at other companies

TOLConsolidation Eliminations — Comprehensive Income Net Of Tax

-$328.94M-50.4%

RNRConsolidation Eliminations — Comprehensive Income Net Of Tax

-$224.47M-2.0%

ACMConsolidation Eliminations — Comprehensive Income Net Of Tax

-$312.8M-326%

MOHConsolidation Eliminations — Comprehensive Income Net Of Tax

-$131M-191%

OCConsolidation Eliminations — Comprehensive Income Net Of Tax

-$179M+19.0%

CTREConsolidation Eliminations — Comprehensive Income Net Of Tax

-$1.28M—

Other financials

Income statement

See full

Revenue$4.5B+4.2%

Operating income$301.2M-21.8%

Net income$125.1M-15.8%

EPS (diluted)$0.48-5.9%

Balance sheet

See full

Cash & equivalents$2.3B+1.0%

Total debt$31.7B-0.6%

Total equity$2.4B-14.7%

Total assets$41.4B-1.2%

Cash flow

See full

Operating cash flow$567.8M+3.8%

CapEx$154.7M-32.2%

Free cash flow$413.1M+29.5%

Valuation

See full

Market cap$11.98B+11.9%

Enterprise value$41.38B+2.1%

P/E65.7×+49.9×

P/S0.7×+0.1×

Profitability

See full

Operating margin5.2%-3.1pp

Net margin1%-2.9pp

FCF margin8.8%+2.0pp

Returns & leverage

See full

Return on equity6.9%-14.6pp

Debt / equity13×+1.9×

Current ratio1.3×0.0×

Where this comes from

Reported directly by MGM Resorts International in its filing.

Tagged under the XBRL concept us-gaap:ComprehensiveIncomeNetOfTax.

The official record: MGM Resorts International’s 10-Q, filed May 7, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — comprehensive income net of tax mean?: The total accounting adjustment to remove internal intercompany income from the consolidated comprehensive income statement.
How do you interpret consolidation eliminations — comprehensive income net of tax?: Fluctuations primarily reflect changes in the volume and profitability of intercompany transactions rather than operational performance.
How does consolidation eliminations — comprehensive income net of tax compare across companies?: Common in all complex organizations with multiple legal entities and intercompany service agreements.