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Voya Financial VOYA Consolidation Eliminations — CapEx

Discontinued — last reported Q3 '17

Other financials

Income statement

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Revenue$2.0B+3.1%
Net income$182.0M+16.7%
EPS (diluted)$1.75+23.2%

Balance sheet

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Cash & equivalents$1.1B+7.9%
Total debt$2.5B+18.8%
Total equity$4.7B+6.3%
Total assets$173.43B+5.8%

Cash flow

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Operating cash flow-$36.0M+79.9%

Valuation

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Market cap$8.18B-2.1%
Enterprise value$9.59B+2.4%
P/E12×-2.6×
P/S-0.1×

Profitability

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Net margin8.2%+1.1pp
FCF margin26.1%

Returns & leverage

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Return on equity15%+1.6pp
Debt / equity0.5×+0.1×

Where this comes from

Reported directly by Voya Financial in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Voya Financial’s 10-Q, filed November 1, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — capex mean?
This represents the elimination of intercompany transactions related to the acquisition of property, plant, and equipment. It ensures that the consolidated capital expenditure figure only reflects investments made with external vendors. This adjustment prevents the double-counting of asset acquisitions within the corporate group.