What does consolidation eliminations — net income loss mean?

This represents the elimination of intercompany profits or losses that have not yet been realized through transactions with external parties. It ensures that the consolidated net income reflects only earnings generated from external business activities. This is a critical adjustment to avoid inflating earnings through internal transactions.

RenaissanceRe Holdings RNR Consolidation Eliminations — Net Income Loss

Discontinued — last reported Q2 '18

Similar metrics at other companies

APGCorporate and Elimination — Net revenues

$1.98B+15.3%

TKOEliminations — Revenue

-$9.44M+28.1%

BOther Eliminations — Net Sales

-$21.05M+6.7%

CHDConsolidating Reclassification — Operating Income

$0—

CLFEliminations — Revenue

-$42M-50.0%

WTRGOther And Eliminations — Net Income Loss

-$49.16M-260%

Other financials

Income statement

See full

Revenue$2.2B-36.8%

Net income$293.4M+72.6%

EPS (diluted)$6.57+101%

Balance sheet

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Cash & equivalents$1.6B-4.3%

Total debt$2.3B-15.4%

Total equity$11.5B+11.3%

Total assets$53.7B+0.2%

Cash flow

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Operating cash flow$687.6M+336%

Valuation

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Market cap$12.75B+9.1%

Enterprise value$13.52B+5.5%

P/E4.6×-1.8×

P/S1.1×+0.2×

Profitability

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Net margin24.2%+9.5pp

Returns & leverage

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Return on equity25.7%+7.2pp

Debt / equity0.2×-0.1×

Where this comes from

Reported directly by RenaissanceRe Holdings in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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

Questions, answered.

What does consolidation eliminations — net income loss mean?: This represents the elimination of intercompany profits or losses that have not yet been realized through transactions with external parties. It ensures that the consolidated net income reflects only earnings generated from external business activities. This is a critical adjustment to avoid inflating earnings through internal transactions.