What does consolidation eliminations — liabilities mean?

This represents the total elimination of intercompany liabilities to prevent the overstatement of the company's total debt and obligations. It ensures that only external liabilities owed to third parties are reflected in the consolidated balance sheet. This provides a true picture of the company's external leverage.

Enpro NPO Consolidation Eliminations — Liabilities

Discontinued — last reported Q2 '18

Similar metrics at other companies

RITMLiabilities related to deconsolidated CFEs

$451.8M—

CLFEliminations — Total Assets

$0—

APOTotal Liabilities

$27.03B-92.5%

RITMLiabilities related to the initial consolidation of CLOs

$0-100%

ACGLTotal Liabilities

$57.26B+6.8%

ACR

ACRTotal Liabilities

$1.93B+44.2%

Other financials

Income statement

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Revenue$303.0M+10.9%

Gross profit$130.0M+10.0%

Operating income$43.5M+4.1%

Net income$27.4M+11.8%

EPS (diluted)$1.29+12.2%

Balance sheet

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Cash & equivalents$79.2M-67.0%

Total debt$617.8M-4.5%

Total equity$1.6B+6.9%

Total assets$2.6B+5.1%

Cash flow

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Operating cash flow$39.6M+88.6%

CapEx$12.2M+52.5%

Free cash flow$27.4M+111%

Valuation

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Market cap$8.02B+55.5%

Enterprise value$8.56B+53.1%

P/E80.3×—

P/S6.8×+2.0×

Profitability

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Gross margin42.6%-0.4pp

Operating margin13.9%-0.7pp

Net margin7.8%—

FCF margin14.8%+0.8pp

Returns & leverage

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Return on equity5.8%—

Debt / equity0.4×0.0×

Current ratio2.2×-0.7×

Where this comes from

Reported directly by Enpro in its filing.

Tagged under the XBRL concept us-gaap:Liabilities.

The official record: Enpro’s 10-Q, filed August 2, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — liabilities mean?: This represents the total elimination of intercompany liabilities to prevent the overstatement of the company's total debt and obligations. It ensures that only external liabilities owed to third parties are reflected in the consolidated balance sheet. This provides a true picture of the company's external leverage.