What does consolidation eliminations — capex mean?

This metric reflects the elimination of intercompany transactions where one subsidiary sells property, plant, or equipment to another within the same consolidated group. It prevents the inflation of capital expenditure figures by removing internal asset transfers. This ensures that reported capital spending reflects only investments in assets from external vendors.

Zurn Elkay Water Solutions ZWS Consolidation Eliminations — CapEx

Discontinued — last reported Q4 '18

Similar metrics at other companies

CLFEliminations — Capital additions

$0—

ACIPayments To Acquire Property, Plant, And Equipment, Excluding Payments For Lease Buyouts

$458.4M-4.9%

LKQConsolidated, excluding discontinued operations — CapEx

$40M-23.1%

PYPLPayments to Acquire Property, Plant, and Equipment

$231M+17.9%

ADPPayments to Acquire Other Property, Plant, and Equipment

$50.6M+39.0%

RCLPayments to Acquire Property, Plant, and Equipment

$500M+16.8%

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:PaymentsToAcquirePropertyPlantAndEquipment.

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 — capex mean?: This metric reflects the elimination of intercompany transactions where one subsidiary sells property, plant, or equipment to another within the same consolidated group. It prevents the inflation of capital expenditure figures by removing internal asset transfers. This ensures that reported capital spending reflects only investments in assets from external vendors.