How do you interpret consolidation eliminations — intercompany investing?

High levels of elimination indicate significant internal capital reallocation between business units.

How does consolidation eliminations — intercompany investing compare across companies?

Standard for any large, multi-segment industrial company.

Oshkosh OSK Consolidation Eliminations — Intercompany Investing

Discontinued — last reported Q1 '18

Similar metrics at other companies

CLHConsolidation Eliminations — Intercompany Investing

-$15.81M-103%

MTCHConsolidation Eliminations — Intercompany Investing Activities

$10.67M-42.7%

TOLConsolidation Eliminations — Intercompany Investing Activites To From Consolidated Entities

-$102.75M+87.6%

OCConsolidation Eliminations — Payments For Proceeds From Other Investing Activities

$0—

CLHConsolidation Eliminations — Intercompany Debt Investing

$925.25K-91.2%

RHP

RHPConsolidation Eliminations — Investment In Affiliated Companies

-$5.92B-13.4%

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:IntercompanyInvesting.

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

Questions, answered.

What does consolidation eliminations — intercompany investing mean?: The removal of internal capital movements and investments between company subsidiaries.
How do you interpret consolidation eliminations — intercompany investing?: High levels of elimination indicate significant internal capital reallocation between business units.
How does consolidation eliminations — intercompany investing compare across companies?: Standard for any large, multi-segment industrial company.