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Zurn Elkay Water Solutions ZWS Consolidation Eliminations — Accounts Payable Current

Discontinued — last reported Q1 '18

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Other financials

Income statement

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Revenue$433.0M+11.4%
Gross profit$205.8M+13.7%
Operating income$82.1M+29.5%
Net income$58.9M+35.1%
EPS (diluted)$0.35+34.6%

Balance sheet

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Cash & equivalents$273.5M+89.0%
Total debt$552.2M-0.8%
Total equity$1.6B+3.8%
Total assets$2.7B+2.9%

Cash flow

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Operating cash flow$46.1M+7.5%
CapEx$2.3M-69.7%
Free cash flow$22.3M-76.1%

Valuation

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Market cap$8.34B+35.0%
Enterprise value$8.62B+30.3%
P/E39.1×+2.6×
P/S4.8×+0.9×

Profitability

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Gross margin45.4%0.0pp
Operating margin17.1%+1.0pp
Net margin12.3%+1.5pp
FCF margin6.8%

Returns & leverage

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Return on equity13.5%+2.8pp
Debt / equity0.3×0.0×
Current ratio3.2×+0.4×

Where this comes from

Reported directly by Zurn Elkay Water Solutions in its filing.

Tagged under the XBRL concept us-gaap:AccountsPayableCurrent.

The official record: Zurn Elkay Water Solutions’s 10-K, filed May 14, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — accounts payable current mean?
This metric represents the elimination of intercompany accounts payable balances that arise when one business unit owes another for goods or services. These balances are removed during consolidation to avoid inflating the company's total liabilities. It ensures that the consolidated balance sheet only reports obligations to external vendors and suppliers.