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Key Components of a Balance SheetWal Mart (m)Target (m)
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https://corporate.walmart.com/media-library/document/2020-walmart-annual-report/_proxyDocument?id=00000171-a3ea-dfc0-af71-b3fea8490000https://corporate.target.com/_media/TargetCorp/annualreports/2019/pdfs/2019-Target-Annual-Report.pdf
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Assets $236,495.00$42,779.00452.83%
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Liabilities$154,943.00$30,946.00400.69%
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Equity$81,552.00$11,833.00589.19%
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What might you look out for?
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Cash Balance$9,465.00$2,577.00267.29%
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Cash/Assets4.00%6.02%
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Debt$43,714.00$11,338.00285.55%
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Debt/Total Liabilities28.21%36.64%
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Goodwill$31,073.00$686.004429.59%
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(Changes from the year before)
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Red flags?
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Off Balance Sheet Financingn/an/a
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Stock OptionsEPS could go from 5.22 to 5.19EPS could go from 5.10 to 5.15
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Cash relative to Debtors150.62%555.39%
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Debtor/ Receiveables$6,284.00$464.00
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Liquidity
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Current Assets$61,806.00$12,902.0015.3
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Current Liabilities$77,790.00$16,459.0015.1
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Inventories$44,435.00$8,992.0013.1
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Current Ratio (CA/CL)0.790.781.01
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Acid Test Ratio (Current Assets - Inventory)/Current Liabilities0.220.240.15
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Solvency
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Assets $236,495.00$42,779.00452.83%
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Liabilities$154,943.00$30,946.00400.69%
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Equity$81,552.00$11,833.00589.19%
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Is Equity a positive number?YesYes
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Earnings
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Accummulated Earnings (Retained Earnings)$83,943.00$6,433.001204.88%
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