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Zurn Elkay Water Solutions ZWS Consolidation Eliminations — Long Term Debt Noncurrent

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:LongTermDebtNoncurrent.

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 — long term debt noncurrent mean?
The adjustment to remove long-term internal debt obligations between segments.
How do you interpret consolidation eliminations — long term debt noncurrent?
Changes indicate shifts in the long-term internal capital allocation and intercompany financing strategy.
How does consolidation eliminations — long term debt noncurrent compare across companies?
Standard practice for consolidated reporting in multi-entity corporate structures.