What does consolidation eliminations — liabilities current mean?

This represents the elimination of short-term intercompany obligations that exist between business segments. It ensures that current liabilities reported on the consolidated balance sheet reflect only amounts owed to external creditors. This adjustment is essential for maintaining an accurate view of the company's short-term liquidity and external debt obligations.

Pentair PNR Consolidation Eliminations — Liabilities Current

Discontinued — last reported Q2 '18

Similar metrics at other companies

CLFEliminations — Total Assets

$0—

RITMLiabilities related to deconsolidated CFEs

$451.8M—

APAOther Current Liabilities

$251M+13.6%

COther Current Liabilities

$1.33B+35.9%

NEEOther Current Liabilities

$915M+30.5%

XOMOther Current Liabilities

$6.5B-18.4%

Other financials

Income statement

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Revenue$1.0B+2.6%

Gross profit$433.4M+7.5%

Operating income$210.0M+3.4%

Net income$172.4M+11.3%

EPS (diluted)$1.05+12.9%

Balance sheet

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Cash & equivalents$67.7M-51.8%

Total debt$2.7B+36.0%

Total equity$3.8B+4.9%

Total assets$7.1B+4.8%

Cash flow

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Operating cash flow-$67.4M-73.3%

CapEx$18.5M+10.1%

Free cash flow-$85.9M-54.2%

Valuation

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Market cap$12.01B-2.5%

Enterprise value$14.6B+2.6%

P/E17.9×-1.1×

P/S2.9×-0.2×

Profitability

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Gross margin40.9%+1.4pp

Operating margin20.6%+0.3pp

Net margin16%+0.1pp

FCF margin17%-1.7pp

Returns & leverage

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Return on equity18%-0.6pp

Debt / equity0.7×+0.2×

Current ratio1.9×0.0×

Where this comes from

Reported directly by Pentair in its filing.

Tagged under the XBRL concept us-gaap:LiabilitiesCurrent.

The official record: Pentair’s 10-Q, filed July 25, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — liabilities current mean?: This represents the elimination of short-term intercompany obligations that exist between business segments. It ensures that current liabilities reported on the consolidated balance sheet reflect only amounts owed to external creditors. This adjustment is essential for maintaining an accurate view of the company's short-term liquidity and external debt obligations.