How do you interpret consolidation eliminations — investment in affiliated companies?

Fluctuations indicate changes in the internal corporate structure or intercompany financing arrangements.

Ryman Hospitality Properties RHP Consolidation Eliminations — Investment In Affiliated Companies

Discontinued — last reported Q1 '18

Similar metrics at other companies

CLHConsolidation Eliminations — Intercompany Investing

-$15.81M-103%

CCKConsolidation Eliminations — Investments In Affiliates Subsidiaries Associates And Joint Ventures

-$7.42B-7.4%

AMHConsolidation Eliminations — Investments In Affiliates Subsidiaries Associates And Joint Ventures

-$6.1B—

ARE

AREConsolidation Eliminations — Payments To Acquire Investments

$0—

OSKConsolidation Eliminations — Intercompany Investing

-$44.1M-111%

CLHConsolidation Eliminations — Intercompany Debt Investing

$925.25K-91.2%

Other financials

Income statement

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Revenue$664.6M+13.2%

Gross profit$290.3M+11.4%

Operating income$137.8M+18.7%

Net income$70.5M+11.9%

EPS (diluted)$1.03+3.0%

Balance sheet

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Cash & equivalents$424.0M+2.5%

Total debt$4.1B+17.7%

Total equity$732.8M+37.9%

Total assets$6.2B+18.2%

Cash flow

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Operating cash flow$169.2M+72.3%

CapEx$113.7M+0.8%

Free cash flow$55.6M+483%

Valuation

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Market cap$7.9B+6.1%

Enterprise value$11.61B+11.0%

P/E31.5×+5.9×

P/S3×-0.1×

Profitability

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Gross margin43.9%-0.1pp

Operating margin19.2%-2.1pp

Net margin9.5%-2.7pp

FCF margin11.4%+2.0pp

Returns & leverage

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Return on equity39.7%-15.2pp

Debt / equity5.6×-1.0×

Where this comes from

Reported directly by Ryman Hospitality Properties in its filing.

Tagged under the XBRL concept rhp:InvestmentInAffiliatedCompanies.

The official record: Ryman Hospitality Properties’s 10-Q, filed May 3, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — investment in affiliated companies mean?: The removal of internal investment records between related companies within the consolidated group.
How do you interpret consolidation eliminations — investment in affiliated companies?: Fluctuations indicate changes in the internal corporate structure or intercompany financing arrangements.
How does consolidation eliminations — investment in affiliated companies compare across companies?: Commonly found in the financial footnotes of any company with complex subsidiary structures.