What does consolidation eliminations — debt repayments mean?

This adjustment removes cash outflows related to the repayment of debt between internal company entities. It ensures that the consolidated statement of cash flows only reflects debt repayments made to external third-party lenders. It is a purely mechanical accounting entry to prevent the double-counting of debt service.

Terex TEX Consolidation Eliminations — Debt Repayments

Discontinued — last reported Q4 '16

Similar metrics at other companies

IVRDebt Repayments

$14.77B+24.3%

WCCDebt Repayments

$2.37B+37.2%

PRDebt Repayments

$0-100%

AMPRepayments of Debt of Consolidated Investment Entities

$1M-99.7%

STWDRepayments of Debt of Consolidated Variable Interest Entities

$110K-97.7%

RLDebt Repayments

$100M—

Other financials

Income statement

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Revenue$1.7B+41.1%

Gross profit$206.0M-16.6%

Operating income-$82.0M-219%

Net income-$89.0M-524%

EPS (diluted)-$0.93-400%

Balance sheet

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Cash & equivalents$392.0M+31.5%

Total debt$2.8B+6.8%

Total equity$4.8B+161%

Total assets$10.2B+74.5%

Cash flow

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Operating cash flow-$31.0M-47.6%

CapEx$26.0M-27.8%

Free cash flow-$57.0M0.0%

Valuation

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Market cap$7.63B+168%

Enterprise value$10B+89.5%

P/E68.8×+57.4×

P/S1.3×+0.7×

Profitability

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Gross margin17.3%-2.8pp

Operating margin5.5%-3.2pp

Net margin1.9%-3.1pp

FCF margin5.4%+1.5pp

Returns & leverage

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Return on equity3.3%-10.7pp

Debt / equity0.6×-0.8×

Current ratio1.8×-0.3×

Where this comes from

Reported directly by Terex in its filing.

Tagged under the XBRL concept us-gaap:RepaymentsOfDebt.

The official record: Terex’s 10-K, filed February 27, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — debt repayments mean?: This adjustment removes cash outflows related to the repayment of debt between internal company entities. It ensures that the consolidated statement of cash flows only reflects debt repayments made to external third-party lenders. It is a purely mechanical accounting entry to prevent the double-counting of debt service.