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TTM Technologies TTMI Intersegment Elimination — Product Revenue

Discontinued — last reported Q2 '18

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ENTGintersegment elimination — Net Sales
-$2.4M-9.1%

Other financials

Income statement

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Revenue$846.0M+30.4%
Gross profit$181.2M+38.3%
Operating income$72.4M+44.2%
Net income$50.0M+55.4%
EPS (diluted)$0.47+51.6%

Balance sheet

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Cash & equivalents$410.0M-0.3%
Total debt$1.0B+2.9%
Total equity$1.8B+15.8%
Total assets$4.0B+15.2%

Cash flow

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Operating cash flow$21.7M+304%
CapEx$106.8M+68.8%
Free cash flow-$85.1M-15.0%

Valuation

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Market cap$22.48B+385%
Enterprise value$23.12B+299%
P/E115.1×+55.8×
P/S7.2×+5.4×

Profitability

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Gross margin21%+1.0pp
Operating margin9.2%+3.3pp
Net margin6.3%+3.2pp

Returns & leverage

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Return on equity11.4%+6.4pp
Debt / equity0.6×-0.1×
Current ratio1.9×-0.2×

Where this comes from

Reported directly by TTM Technologies in its filing.

Tagged under the XBRL concept us-gaap:SalesRevenueGoodsNet.

The official record: TTM Technologies’s 10-Q, filed August 9, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does intersegment elimination — product revenue mean?
The amount of internal revenue removed to avoid double-counting sales between the company's own business units.
How do you interpret intersegment elimination — product revenue?
An increase in the absolute value of this elimination indicates higher levels of internal supply chain activity or cross-segment collaboration, while a decrease suggests more independent segment operations.
How does intersegment elimination — product revenue compare across companies?
Most manufacturing firms with multiple reporting segments report similar intersegment eliminations to reconcile internal transfers against consolidated external revenue.