What does consolidation eliminations — long term debt mean?

The removal of internal debt balances between company entities to show only external debt.

How do you interpret consolidation eliminations — long term debt?

Changes reflect shifts in intercompany financing arrangements or internal capital restructuring rather than changes in external leverage.

How does consolidation eliminations — long term debt compare across companies?

Standard across all large diversified manufacturing firms with multiple legal entities.

Westlake WLK Consolidation Eliminations — Long Term Debt

Discontinued — last reported Q3 '17

Similar metrics at other companies

CLHConsolidation Eliminations — Long Term Debt Noncurrent

$0—

OSKConsolidation Eliminations — Long Term Debt Noncurrent

$0—

WCCConsolidation Eliminations — Long Term Debt Noncurrent

$0—

CDWConsolidation Eliminations — Long Term Debt Noncurrent

$0—

AYIConsolidation Eliminations — Long Term Debt Noncurrent

$0—

ALLYConsolidation Eliminations — Long Term Debt

$0—

Other financials

Income statement

See full

Revenue$2.7B-6.8%

Gross profit$112.0M-51.7%

Operating income-$172.0M-438%

Net income-$169.0M-323%

EPS (diluted)-$1.31-323%

Balance sheet

See full

Cash & equivalents$2.3B-1.1%

Total debt$6.4B+16.9%

Total equity$8.5B-17.9%

Total assets$19.7B-4.8%

Cash flow

See full

Operating cash flow-$94.0M-22.1%

CapEx$209.0M-15.7%

Free cash flow-$303.0M+6.8%

Valuation

See full

Market cap$10.29B+16.3%

Enterprise value$14.38B+19.0%

P/S0.9×+0.2×

Profitability

See full

Gross margin6.3%-8.0pp

Operating margin-15.7%-20.8pp

Net margin-14.9%-18.1pp

FCF margin-4.6%-5.3pp

Returns & leverage

See full

Return on equity-17.3%-21.0pp

Debt / equity0.7×+0.2×

Current ratio2.2×-0.5×

Where this comes from

Reported directly by Westlake in its filing.

Tagged under the XBRL concept us-gaap:LongTermDebt.

The official record: Westlake’s 10-Q, filed November 7, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — long term debt mean?: The removal of internal debt balances between company entities to show only external debt.
How do you interpret consolidation eliminations — long term debt?: Changes reflect shifts in intercompany financing arrangements or internal capital restructuring rather than changes in external leverage.
How does consolidation eliminations — long term debt compare across companies?: Standard across all large diversified manufacturing firms with multiple legal entities.