Accounting Question

All instructions will be uploaded along with necessary files needed to complete the assignment.

Project 3: Analyzing Financial
Statements
Project Brief
Key Tasks:
Part 1: Analyze Financial Statements
Here is the excel spreadsheet to the Financial Statements of Delta, JetBlue and
Southwest Airlines: Financial Statements – Delta JetBlue and Southwest1.xlsxDownload Financial Statements – Delta JetBlue and Southwest-1.xlsx
• For each year from 2018 to 2022 for Delta, calculate all of the ratios found
in the spreadsheet from your Senior Associate Download spreadsheet from
your Senior Associateby linking the numbers from the financial statements
in the spreadsheets you have been provided.
•
Compare the ratios for each year using a table, graph, or both. Determine
which ratios had changes that might lead you to focus on those accounts in
an audit.
•
Compare Delta to two of its competitors, JetBlue and Southwest, by
answering the following questions. You do not need to calculate all of the
ratios for JetBlue and Southwest, only the ones required to answer the
questions below:
o
o
o
o
o
How much bigger is Delta from each of its competitors, by
Revenue, in each year from 2018-2022? Plot the Revenue
number for each company for these years on a single line
graph.
Which company has the highest Net Income in each year from
2018-2022?
Which company has the highest Net Profit Margin in 2018? In
2022?
Which company is the most profitable based on Gross Profit
percentage each year from 2018-2022? (This is a trick
question.)
Which company is best at using its short-term assets to pay
off its short-term liabilities in 2019? Which company has the
best cash ratio in 2019? Is it the same company that is best at
using its short-term assets to pay short-term liabilities? If not,
why do you think it’s different?
o
Which company is the most leveraged in 2022?
Delta Airlines: Consolidated Balance Sheets – USD in Millions
Current Assets:
Cash and cash equivalents
Short-term investments
Accounts receivable, net of an allowance for uncollectible accounts
Fuel, expendable parts and supplies inventories, net of an allowance for obsolescence
Prepaid expenses and other
Total current assets
Noncurrent Assets:
Property and equipment, net of accumulated depreciation and amortization
Operating lease right-of-use assets
Goodwill
Identifiable intangibles, net of accumulated amortization
Cash restricted for airport construction
Equity investments
Deferred income taxes, net
Other noncurrent assets
Total noncurrent assets
Total assets
Current Liabilities:
Current maturities of debt and finance leases
Current maturities of operating leases
Accounts payable
Accrued salaries and related benefits
Fuel card obligation
Other accrued liabilities
Total current liabilities
Noncurrent Liabilities:
Debt and finance leases
Pension, postretirement and related benefits
Noncurrent operating leases
Deferred income taxes, net
Other noncurrent liabilities
Total noncurrent liabilities
Commitments and Contingencies
Stockholders’ Equity:
Common stock at $0.0001 par value; 1,500,000,000 shares authorized
Additional paid-in capital
Retained earnings/(accumulated deficit)
Accumulated other comprehensive loss
Treasury stock, at cost
Total stockholders’ equity
Total liabilities and stockholders’ equity
Air traffic
Current Liabilities:
Deferred revenue liability, current
Noncurrent Liabilities:
Deferred revenue liability, noncurrent
Loyalty program
Current Liabilities:
Deferred revenue liability, current
Noncurrent Liabilities:
Deferred revenue liability, noncurrent
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
$
$
$
$
$
$
3,266.00
3,268.00
3,176.00
1,424.00
1,877.00
13,011.00
$
$
$
$
$
$
$
$
$
$
$
$
8,307.00 $
5,789.00 $
1,396.00 $
732.00 $
1,180.00 $
17,404.00 $
2,882.00 $
$
2,854.00 $
1,251.00 $
1,262.00 $
8,249.00 $
1,565.00
2,314.00
1,055.00
1,406.00
6,340.00
$
$
$
$
$
$
$
$
$
33,109.00 $
7,036.00 $
9,753.00 $
5,992.00 $
2,128.00 $
325.00 $
934.00 $
59,277.00 $
72,288.00 $
28,749.00 $
7,237.00 $
9,753.00 $
6,001.00 $
– $
1,712.00 $
1,294.00 $
1,773.00 $
56,519.00 $
72,459.00 $
26,529.00 $
5,733.00 $
9,753.00 $
6,011.00 $
1,556.00 $
1,665.00 $
1,988.00 $
1,357.00 $
54,592.00 $
71,996.00 $
31,310.00 $
5,627.00 $
9,781.00 $
5,163.00 $
636.00 $
2,568.00
120.00
1,078.00 $
56,283.00 $
64,532.00 $
28,335.00
5,994.00
9,781.00
4,830.00
1,136.00
3,850.00
53,926.00
60,266.00
$
$
$
$
$
$
$
2,359.00
714.00
5,106.00
3,288.00
1,100.00
1,779.00
25,940.00
1,782.00
703.00
4,240.00
2,457.00
1,100.00
1,746.00
20,966.00
$
$
$
$
$
$
$
1,732.00
678.00
2,840.00
2,086.00
1,100.00
1,670.00
15,927.00
$
$
$
$
$
$
$
2,287.00
801.00
3,266.00
3,701.00
736.00
1,078.00
20,204.00
$
$
$
$
$
$
$
1,518.00
955.00
2,976.00
3,287.00
1,075.00
1,117.00
18,578.00
$
$
$
$
$
20,671.00 $
3,707.00 $
6,866.00 $
3,974.00 $
39,766.00 $
25,138.00 $
6,035.00 $
7,056.00 $
4,398.00 $
47,606.00 $
27,425.00
10,630.00
5,713.00
4,862.00
54,535.00
$
$
$
$
$
$
8,873.00
8,452.00
5,294.00
1,456.00
1,386.00
28,970.00
$
$
$
$
$
$
8,253.00
9,163.00
5,801.00
163.00
969.00
28,001.00
$
$
$
$
$
11,526.00 $
1,170.00 $
(5,801.00) $
$
11,447.00 $
(148.00) $
(7,130.00) $
$
11,259.00 $
(428.00) $
(9,038.00) $
$
11,129.00 $
12,454.00 $
(7,989.00) $
11,671.00
10,039.00
(7,825.00)
$
$
$
$
$
$
$
7,933.00
3,386.00
2,404.00
1,098.00
1,119.00
15,940.00
Dec. 31, 2019
Dec. 31, 2018
$
$
$
(313.00) $
6,582.00 $
72,288.00 $
(282.00) $
3,887.00 $
72,459.00 $
(259.00) $
1,534.00 $
71,996.00 $
(236.00) $
15,358.00 $
64,532.00 $
(198.00)
13,687.00
60,266.00
$8,160.00
$6,228.00
$4,044.00
$5,116.00
$4,661.00
$100.00
$130.00
$500.00
$0.00
$3,434.00
$2,710.00
$1,777.00
$3,219.00
$2,989.00
$4,448.00
$4,849.00
$5,405.00
$3,509.00
$3,652.00
12 Months Ended
Delta Airlines: Consolidated Statements of Operations – USD in
Millions
Dec. 31, 2022 Dec. 31, 2021
Operating Revenue:
Total operating revenue
$ 50,582.00 $ 29,899.00
Operating Expense:
Salaries and related costs
$ 11,902.00 $
9,728.00
Aircraft fuel and related taxes
$ 11,482.00 $
5,633.00
Ancillary businesses and refinery
$
5,756.00 $
3,957.00
Contracted services
$
3,345.00 $
2,420.00
Landing fees and other rents
$
2,181.00 $
2,019.00
Depreciation and amortization
$
2,107.00 $
1,998.00
Regional carrier expense
$
2,051.00 $
1,736.00
Aircraft maintenance materials and outside repairs
$
1,982.00 $
1,401.00
Passenger commissions and other selling expenses
$
1,891.00 $
953.00
Passenger service
$
1,453.00 $
756.00
Profit sharing
$
563.00 $
108.00
Aircraft rent
$
508.00 $
430.00
Restructuring charges
$
(124.00) $
(19.00)
Government grant recognition
$
$ (4,512.00)
Other
$
1,824.00 $
1,405.00
Total operating expense
$ 46,921.00 $ 28,013.00
Operating Income/(Loss)
$
3,661.00 $
1,886.00
Non-Operating Expense:
Interest expense, net
$ (1,029.00) $ (1,279.00)
Impairments and equity method results
$
(20.00) $
(337.00)
Gain/(loss) on investments, net
$
(783.00) $
56.00
Loss on extinguishment of debt
$
(100.00) $
(319.00)
Pension and related benefit
$
292.00 $
451.00
Miscellaneous, net
$
(107.00) $
(60.00)
Total non-operating expense, net
$ (1,747.00) $ (1,488.00)
Income/(Loss) Before Income Taxes
$
1,914.00 $
398.00
Income Tax (Provision)/Benefit
$
(596.00) $
(118.00)
Net Income/(Loss)
$
1,318.00 $
280.00
Basic Earnings/(Loss) Per Share (USD per share)
$
2.07 $
0.44
Diluted Earnings (Loss) Per Share (USD per share)
$
2.06 $
0.44
Cash Dividends Declared Per Share (USD per share)
$
$
–
12 Months Ended
Dec. 31, 2020
$
Dec. 31, 2019
17,095.00 $
Dec.31, 2018
47,007.00 $ 44,438.00
$
9,001.00 $
$
3,176.00 $
$
1,785.00 $
$
1,953.00 $
$
1,833.00 $
$
2,312.00 $
$
1,584.00 $
$
822.00 $
$
643.00 $
$
551.00 $
$
$
$
399.00 $
$
8,219.00 $
$ (3,946.00) $
$
1,232.00 $
$ 29,564.00 $
$ (12,469.00) $
11,601.00
8,519.00
1,245.00
2,942.00
2,176.00
2,581.00
2,158.00
1,751.00
2,211.00
1,312.00
423.00
1,643.00
1,827.00
40,389.00
6,618.00
$ 10,743.00
$ 9,020.00
$ 1,695.00
$ 2,175.00
$ 1,662.00
$ 2,329.00
$ 3,438.00
$ 1,575.00
$ 1,941.00
$ 1,178.00
$
394.00
$
$ 1,301.00
$
$ 1,723.00
$ 39,174.00
$ 5,264.00
$
(929.00) $
$ (2,432.00) $
$
(105.00) $
$
(8.00) $
$
219.00 $
$
137.00 $
$ (3,118.00) $
$ (15,587.00) $
$
3,202.00 $
$ (12,385.00) $
$
(19.49) $
$
(19.49) $
$
0.40 $
(301.00) $
(62.00) $
119.00 $
$
(65.00) $
(111.00) $
(420.00) $
6,198.00 $
(1,431.00) $
4,767.00 $
7.32 $
7.30 $
1.51 $
(311.00)
(60.00)
38.00
220.00
(113.00)
5,151.00
(1,216.00)
3,935.00
5.69
5.67
1.31
JetBlue Airlines: Consolidated Balance Sheets – USD in Millions
Current Assets
Cash and cash equivalents
Investment securities
Receivables, less allowance
Inventories, less allowance
Prepaid expenses and other
Total current assets
Property and Equipment
Flight equipment
Pre-delivery deposits for flight equipment
Total flight equipment and pre-delivery deposits, gross
Less accumulated depreciation
Total flight equipment and pre-delivery deposits, net
Other property and equipment, gross
Less accumulated depreciation
Total other property and equipment, net
Total property and equipment, net
OPERATING LEASE ASSETS
Other Assets
Investment securities
Restricted cash
Intangible assets, net of accumulated amortization
Other
Total other assets
Total Assets
Current Liabilities
Accounts payable
Air traffic liability
Accrued salaries, wages and benefits
Other accrued liabilities
Current operating lease liabilities
Current maturities of long-term debt and finance lease obligations
Total current liabilities
LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS
LONG-TERM OPERATING LEASE LIABILITIES
Deferred Taxes and Other Liabilites
Deferred income taxes
Air traffic liability – non-current
Other
Total deferred taxes and other liabilities
COMMITMENTS AND CONTINGENCIES (Notes 10 & 11)
Stockholders’ Equity
Preferred stock, $0.01 par value; 25 shares authorized, none issued
Common stock, $0.01 par value
Treasury stock, at cost
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income
Total stockholders’ equity
Total Liabilities and Stockholders Equity
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
$
$
$
$
$
$
1,042.00 $
350.00 $
317.00 $
87.00 $
120.00 $
1,916.00 $
2,018.00 $
824.00 $
207.00 $
74.00 $
122.00 $
3,245.00 $
1,918.00 $
1,135.00 $
98.00 $
71.00 $
123.00 $
3,345.00 $
959.00 $
369.00 $
231.00 $
81.00 $
146.00 $
1,786.00 $
474.00
413.00
211.00
78.00
212.00
1,388.00
$
$
$
$
$
$
$
$
$
$
11,727.00 $
415.00 $
12,142.00 $
3,578.00 $
8,564.00 $
1,314.00 $
731.00 $
583.00 $
9,147.00 $
660.00 $
11,161.00 $
337.00 $
11,498.00 $
3,227.00 $
8,271.00 $
1,205.00 $
662.00 $
543.00 $
8,814.00 $
729.00 $
10,256.00 $
420.00 $
10,676.00 $
2,888.00 $
7,788.00 $
1,202.00 $
591.00 $
611.00 $
8,399.00 $
804.00 $
10,332.00 $
433.00 $
10,765.00 $
2,768.00 $
7,997.00 $
1,145.00 $
528.00 $
617.00 $
8,614.00 $
912.00 $
9,525.00
293.00
9,818.00
2,448.00
7,370.00
1,074.00
461.00
613.00
7,983.00
1,056.00
$
$
$
$
$
$
172.00
146.00
298.00
706.00
1,322.00
13,045.00
$
$
$
$
$
$
39.00 $
59.00 $
299.00 $
457.00 $
854.00 $
13,642.00 $
2.00 $
51.00 $
261.00 $
544.00 $
858.00 $
13,406.00 $
3.00 $
59.00 $
241.00
303.00 $
606.00 $
11,918.00 $
3.00
59.00
470.00
532.00
10,959.00
$
$
$
$
$
$
$
$
$
532.00 $
1,581.00 $
498.00 $
486.00 $
97.00 $
554.00 $
3,748.00 $
3,093.00 $
639.00 $
499.00 $
1,618.00 $
480.00 $
359.00 $
106.00 $
355.00 $
3,417.00 $
3,651.00 $
690.00 $
365.00 $
1,122.00 $
409.00 $
215.00 $
113.00 $
450.00 $
2,674.00 $
4,413.00 $
752.00 $
401.00 $
1,119.00 $
376.00 $
295.00 $
128.00 $
344.00 $
2,663.00 $
1,990.00 $
690.00 $
437.00
1,035.00
313.00
298.00
133.00
309.00
2,525.00
1,361.00
798.00
$
$
$
770.00
738.00
494.00
843.00
640.00
552.00
922.00
616.00
78.00
1,251.00
481.00
44.00
1,112.00
447.00
31.00
$
$
$
$
$
$
$
$
$
$
$
$
$
2,002.00 $
$0.00
$5.00
($1,995.00)
$3,129.00
$2,424.00
$0.00
$3,563.00
$13,045.00
2,035.00
$0.00
$5.00
($1,989.00)
$3,047.00
$2,786.00
$0.00
$3,849.00
$13,642.00
$
1,616.00 $
$0.00
$5.00
($1,981.00)
$2,959.00
$2,968.00
$0.00
$3,951.00
$13,406.00
1,776.00 $
$0.00
$4.00
($1,782.00)
$2,253.00
$4,322.00
$2.00
$4,799.00
$11,918.00
1,590.00
$0.00
$4.00
($1,272.00)
$2,203.00
$3,753.00
($3.00)
$4,685.00
$10,959.00
JetBlue Airlines: Consolidated Statements of Operations – USD ($) $ in
12 Months Ended
Millions
Dec. 31, 2022 Dec. 31, 2021
OPERATING REVENUES
Total revenue
$
9,158.00 $
6,037.00
OPERATING EXPENSES
Aircraft fuel and related taxes
$
3,105.00 $
1,436.00
Salaries, wages and benefits
$
2,747.00 $
2,358.00
Landing fees and other rents
$
544.00 $
628.00
Depreciation and amortization
$
585.00 $
540.00
Aircraft rent
$
114.00 $
99.00
Sales and marketing
$
289.00 $
183.00
Maintenance, materials and repairs
$
591.00 $
626.00
Special Items
$
113.00 $
(833.00)
Other operating expenses
$
1,368.00 $
1,080.00
Total operating expenses
$
9,456.00 $
6,117.00
OPERATING LOSS/INCOME
$
(298.00) $
(80.00)
OTHER EXPENSE/ INCOME
Interest expense
$
(166.00) $
(192.00)
Interest income
$
39.00 $
17.00
Loss/ gain on equity investments, net
$
(9.00) $
47.00
Other
$
(3.00) $
(55.00)
Total other expense
$
(139.00) $
(183.00)
INCOME/LOSS BEFORE INCOME TAXES
$
(437.00) $
(263.00)
Income tax benefit/expense
$
(75.00) $
(81.00)
NET INCOME/LOSS
$
(362.00) $
(182.00)
LOSS/EARNINGS PER COMMON SHARE
Basic (in dollars per share)
$
(1.12) $
(0.57)
Diluted (in dollars per share)
$
(1.12) $
(0.57)
12 Months Ended
Dec. 31, 2020 Dec. 31, 2019
Dec. 31, 2018
$
2,957.00 $
8,094.00 $
7,658.00
$
$
$
$
$
$
$
$
$
$
$
631.00 $
2,032.00 $
358.00 $
535.00 $
85.00 $
110.00 $
441.00 $
(283.00) $
762.00 $
4,671.00 $
(1,714.00) $
1,847.00
2,320.00
474.00
525.00
99.00
290.00
619.00
1,106.00
14.00
7,294.00
800.00
$
$
$
$
$
$
$
$
$
$
$
1,899.00
2,044.00
462.00
469.00
104.00
294.00
625.00
1,060.00
435.00
7,392.00
266.00
$
$
$
$
$
$
$
$
(179.00) $
23.00 $
$
(23.00) $
(179.00) $
(1,893.00) $
(539.00) $
(1,354.00) $
(79.00) $
32.00 $
15.00 $
$
(32.00) $
768.00 $
199.00 $
569.00 $
(70.00)
10.00
13.00
(47.00)
219.00
30.00
189.00
$
$
(4.88) $
(4.88) $
1.92 $
1.91 $
0.60
0.60
Southwest Airlines: Consolidated Balance Sheet – USD in Millions
Current assets:
Cash and cash equivalents
Short-term investments
Accounts and other receivables
Inventories of parts and supplies, at cost
Prepaid expenses and other current assets
Total current assets
Property and equipment, at cost:
Flight equipment
Ground property and equipment
Deposits on flight equipment purchase contracts
Assets constructed for others
Property and equipment, at cost
Less allowance for depreciation and amortization
Property and equipment, net
Goodwill
Operating lease right-of-use assets
Other assets
Total assets
Current liabilities:
Accounts payable
Accrued liabilities
Current operating lease liabilities
Air traffic liability
Current maturities of long-term debt
Total current liabilities
Long-term debt less current maturities
Air traffic liability – noncurrent
Deferred income taxes
Construction obligation
Noncurrent operating lease liabilities
Other noncurrent liabilities
Stockholders’ equity:
Common stock, $1.00 par value: 2,000,000,000 shares authorized
Capital in excess of par value
Retained earnings
Accumulated other comprehensive income/(loss)
Treasury stock, at cost
Total stockholders’ equity
Total liabilities and stockholders’ equity
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
$
$
$
$
$
$
9,492.00 $
2,800.00 $
1,040.00 $
790.00 $
686.00 $
14,808.00 $
12,480.00 $
3,024.00 $
1,357.00 $
537.00 $
638.00 $
18,036.00 $
11,063.00 $
2,271.00 $
1,130.00 $
414.00 $
295.00 $
15,173.00 $
2,548.00 $
1,524.00 $
1,086.00 $
529.00 $
287.00 $
5,974.00 $
1,854.00
1,835.00
568.00
461.00
310.00
5,028.00
$
$
$
$
$
$
$
$
$
$
$
23,725.00
6,855.00
376.00
28.00
30,984.00
13,642.00
17,342.00
970.00
1,394.00
855.00
35,369.00
21,226.00
6,342.00
6.00
27,574.00
12,732.00
14,842.00
970.00
1,590.00
882.00
36,320.00
20,877.00
6,083.00
305.00
309.00
27,574.00
11,743.00
15,831.00
970.00
1,892.00
722.00
34,588.00
21,629.00
5,672.00
248.00
164.00
27,713.00
10,688.00
17,025.00
970.00
1,349.00
25,895.00
$
$
$
$
$
$
$
$
$
$
$
21,753.00
4,960.00
775.00
1,768.00
29,256.00
9,731.00
19,525.00
970.00
720.00
26,243.00
$
$
$
$
$
$
2,004.00 $
2,043.00 $
225.00 $
6,064.00 $
42.00 $
10,378.00 $
1,282.00 $
1,624.00 $
239.00 $
5,566.00 $
453.00 $
9,164.00 $
931.00 $
2,259.00 $
306.00 $
3,790.00 $
220.00 $
7,506.00 $
1,574.00 $
1,749.00 $
353.00 $
4,457.00 $
819.00 $
8,952.00 $
1,416.00
1,749.00
4,134.00
606.00
7,905.00
$
$
$
$
$
8,046.00 $
2,186.00 $
1,985.00 $
1,118.00 $
969.00 $
10,274.00 $
2,159.00 $
1,770.00 $
– $
1,315.00 $
1,224.00 $
10,111.00
3,343.00
1,634.00
309.00
1,562.00
1,247.00
$
$
$
$
$
$
1,846.00 $
1,053.00 $
2,364.00 $
164.00 $
978.00 $
706.00 $
2,771.00
936.00
2,427.00
1,701.00
650.00
$
$
$
$
$
$
888.00 $
4,037.00 $
16,261.00 $
344.00 $
(10,843.00) $
10,687.00 $
888.00 $
4,224.00 $
15,774.00 $
388.00 $
(10,860.00) $
10,414.00 $
888.00 $
4,191.00 $
14,777.00 $
(105.00) $
(10,875.00) $
8,876.00 $
808.00 $
1,581.00 $
17,945.00 $
(61.00) $
(10,441.00) $
9,832.00 $
808.00
1,510.00
15,967.00
20.00
(8,452.00)
9,853.00
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
35,369.00
$
36,320.00
$
34,588.00
$
25,895.00
$
26,243.00
Southwest Airines: Consolidated Statement of Income (Loss) – USD in
12 Months Ended
Millions
Dec. 31, 2022 Dec. 31, 2021
Operating Revenue:
Total operating revenues
$ 23,814.00 $ 15,790.00
Operating Expenses, Net:
Salaries, wages, and benefits
$
9,376.00 $
7,743.00
Payroll support and voluntary Employee programs, net
$
$ (2,960.00)
Fuel and oil
$
5,975.00 $
3,310.00
Maintenance materials and repairs
$
852.00 $
854.00
Landing fees and airport rentals
$
1,508.00 $
1,456.00
Depreciation and amortization
$
1,351.00 $
1,272.00
Other operating expenses
$
3,735.00 $
2,394.00
Total operating expenses, net
$ 22,797.00 $ 14,069.00
Operating Income (Loss)
$
1,017.00 $
1,721.00
Other Expense (Income):
Interest expense
$
340.00 $
467.00
Capitalized interest
$
(39.00) $
(36.00)
Interest income
$
(217.00) $
(13.00)
Loss on extinguishment
$
193.00 $
28.00
Other (gains) losses, net
$
(12.00) $
50.00
Total other expenses (income)
$
289.00 $
396.00
Income (Loss) before Income Tax
$
728.00 $
1,325.00
Provision (Benefit) for Income Taxes
$
189.00 $
348.00
Net Income (Loss)
$
539.00 $
977.00
Net Income (Loss) per share, basic (in USD per share)
$
0.91 $
1.65
Net Income (Loss) per share, Diluted (in USD per share)
$
0.87 $
1.61
12 Months Ended
Dec. 31, 2020 Dec. 31, 2019
Dec. 31, 2018
$
9,048.00 $
22,428.00 $
21,965.00
$
$
$
$
$
$
$
$
$
6,811.00 $
(967.00) $
1,849.00 $
750.00 $
1,240.00 $
1,255.00 $
1,926.00 $
12,864.00 $
(3,816.00) $
8,293.00
4,347.00
1,223.00
1,363.00
1,219.00
3,026.00
19,471.00
2,957.00
$
$
$
$
$
$
$
$
$
7,649.00
4,616.00
1,107.00
1,334.00
1,201.00
2,852.00
18,759.00
3,206.00
$
$
$
$
$
$
$
$
$
$
$
349.00 $
(35.00) $
(32.00) $
(158.00) $
440.00 $
(4,256.00) $
(1,182.00) $
(3,074.00) $
(5.44) $
(5.44) $
118.00 $
(36.00) $
(90.00) $
131.00
(38.00)
(69.00)
(8.00) $
$
2,957.00 $
657.00 $
2,300.00 $
4.28 $
4.27 $
(18.00)
42.00
3,164.00
699.00
2,465.00
4.30
4.29
Ratio Analysis
Profitability
Return on Equity
Net Income
Average Stockholder’s Equity
Return on Assets
Net Income
Average Total Assets
Gross profit percentage
Gross Profit
Revenue
Net profit margin
Net Income
Revenue
Earnings per share
Net Income
Weighted Avg Common Shares OUTSTANDING
Quality of Income
Cash from Operations
Net Income
Asset Turnover
Total asset turnover
Revenue
Average Total Assets
Fixed asset turnover
Revenue
Average NET Fixed Assets
Receivable turnover
Credit sales/revenue
Average NET A/R
Inventory turnover
COGS
Average inventory
Current ratio
Current Assets
Current Liabilities
Quick ratio
Cash+Equivalents+A/R+Marketable securities
Current Liabilities
Cash ratio
Cash and cash equivalents
Current liabilities
Liquidity
Solvency
Debt-to-equity
Total Liabilities
Total SE