What does consolidation eliminations — capex mean?

This represents the elimination of intercompany capital expenditures where one subsidiary sells or transfers equipment to another. It ensures that the consolidated capital expenditure figure reflects only assets acquired from external third parties. This prevents the inflation of total investment in property, plant, and equipment.

The J.M. Smucker Company SJM Consolidation Eliminations — CapEx

Discontinued — last reported Q1 '18

Similar metrics at other companies

CLFEliminations — Capital additions

$0—

ACIPayments To Acquire Property, Plant, And Equipment, Excluding Payments For Lease Buyouts

$458.4M-4.9%

BKPayments to Acquire Property, Plant, and Equipment

$617M+92.8%

PYPLPayments to Acquire Property, Plant, and Equipment

$231M+17.9%

ADPPayments to Acquire Other Property, Plant, and Equipment

$50.6M+39.0%

WMBPayments to Acquire Property, Plant, and Equipment

$954M+39.9%

Other financials

Income statement

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Revenue$2.3B+5.8%

Gross profit$862.1M+4.7%

Operating income$444.5M+174%

Net income-$724.2M-9.3%

EPS (diluted)-$6.79-9.2%

Balance sheet

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Cash & equivalents$58.6M-16.2%

Total debt$7.0B-10.6%

Total equity$5.5B-8.9%

Total assets$16.2B-7.7%

Cash flow

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Operating cash flow$579.2M+47.0%

CapEx$95.3M+0.3%

Free cash flow$483.9M+61.9%

Valuation

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Market cap$11.82B-15.1%

Enterprise value$18.75B-13.4%

P/S1.3×-0.3×

Profitability

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Gross margin33.5%-5.3pp

Operating margin4%+2.4pp

Net margin-14.1%-19.1pp

FCF margin12.8%+3.4pp

Returns & leverage

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Return on equity-20.7%-26.1pp

Debt / equity1.3×0.0×

Current ratio0.8×0.0×

Where this comes from

Reported directly by The J.M. Smucker Company in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: The J.M. Smucker Company’s 10-Q, filed August 31, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — capex mean?: This represents the elimination of intercompany capital expenditures where one subsidiary sells or transfers equipment to another. It ensures that the consolidated capital expenditure figure reflects only assets acquired from external third parties. This prevents the inflation of total investment in property, plant, and equipment.