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Oshkosh OSK Consolidation Eliminations — Intangible Assets Net

Discontinued — last reported Q1 '18

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Other financials

Income statement

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Revenue$2.3B+0.2%
Gross profit$311.9M-22.0%
Operating income$82.0M-53.2%
Net income$43.1M-61.6%
EPS (diluted)$0.68-60.5%

Balance sheet

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Cash & equivalents$250.3M+19.0%
Total debt$1.1B-22.4%
Total equity$4.5B+5.5%
Total assets$10.0B+2.0%

Cash flow

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Operating cash flow-$161.0M+59.2%
CapEx$28.1M-30.3%
Free cash flow-$189.1M+56.5%

Valuation

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Market cap$8.7B+51.7%
Enterprise value$9.6B+37.7%
P/E15.1×+5.7×
P/S0.8×+0.3×

Profitability

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Gross margin16.6%-1.5pp
Operating margin8.1%-0.7pp
Net margin5.5%-0.3pp
FCF margin8.3%+5.5pp

Returns & leverage

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Return on equity13.3%-2.0pp
Debt / equity0.3×-0.1×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by Oshkosh in its filing.

Tagged under the XBRL concept osk:IntangibleAssetsNet.

The official record: Oshkosh’s 10-Q, filed April 26, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — intangible assets net mean?
This represents the elimination of intercompany intangible assets, such as internal brand licensing or intellectual property transfers, during the consolidation process. By removing these assets, the company ensures that the consolidated balance sheet only reflects intangible assets acquired from or developed for external parties. This prevents the artificial inflation of the company's asset base.