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At the end of each line, provide a detailed one-sentence summary that indicates key insights about the performance for each line by answering this question: according to the annual report's management discussion and your analysis, what drove the changes on that line and is the change positive or negative and why.
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Viasat Balance sheet Current Assets: Assets Cash and cash equivalents (in thousands, except per Trends Common Size Balance Sheet of Viasat Inc. Trends Explaination 2022 2021 2020 2019 2018 2022 2021 2020 2019 2018 $310,459 $295,949 $304,309 $261,701 $71,446 4.86% 5.53% 6.23% 6.68% 2.09% Accounts receivable 359,269 238,652 330,698 300,307 267,665 5.62% 4.46% 6.77% 7.67% 7.84% Inventories 341,890 336,672 294,416 234,518 196,307 5.35% 6.29% 6.03% 5.99% 5.75% Prepaid expenses and other current assets 147,854 119,960 116,281 90,646 77,135 2.31% 2.24% 2.38% 2.32% 2.26% Total current assets $1,159,472 $991,233 $1,045,704 $887,172 $612,553 18.15% 18.53% 21.41% 22.66% 17.94% 0.00% 0.00% 0.00% 0.00% 0.00% Property, equipment and statelites, net $3,741,912 $3,050,483 $2,586,735 $2,125,290 $1,962,475 58.56% 57.02% 52.96% 54.28% 57.48% Operating lease right-of-use assets 356,176 Other acquired intangible assets, net Goodwill 236,043 190,113 340,456 9,568 122,300 Other assets 705,630 835,427 Total Assets: $6,389,346 $5,349,467 308,441 14,439 121,197 807,352 $4,883,868 5.57% 6.36% 6.32% 22,301 31,862 3.69% 0.18% 0.30% 0.57% 0.93% 121,719 121,085 2.98% 2.29% 2.48% 3.11% 3.55% 758,805 686,134 11.04% 15.62% 16.53% 19.38% 20.10% $3,915,287 $3,414,109 100.00% 100.00% 100.00% 100.00% 100.00% XRKY Liabibities and Equity Current Liabilities: Accouunts payables Accrued and other liabilities Current portion of long-term debt $219,088 516,422 34,911 Total current liabilities $770,421 $145,134 532,831 30,472 $708,437 $183,601 $157,275 $157,481 3.43% 2.71% 3.76% 4.02% 4.61% 391,190 29,788 $604,579 308,268 19,937 $485,480 263,676 8.08% 9.96% 8.01% 7.87% 7.72% 45,300 0.55% 0.57% 0.61% 0.51% 1.33% $466,457 12.06% 13.24% 12.38% 12.40% 13.66% 0.00% 0.00% 0.00% 0.00% 0.00% Senior notes Other long-term debt $1,686,225 $1,683,264 764,991 119,420 $1,285,497 536,166 $1,282,898 $690,886 26.39% 31.47% 26.32% 32.77% 20.24% 110,005 287,519 11.97% 2.23% 10.98% 2.81% 8.42% Non-current operating lease liabilities 327,664 313,762 286,550 5.13% 5.87% 5.87% Other liabilities Total liabilities 157,451 137,350 120,934 120,826 121,240 2.46% 2.57% 2.48% 3.09% 3.55% $3,706,752 $2,962,233 $2,833,726 $1,999,209 $1,566,102 58.01% 55.37% 58.02% 51.06% 45.87% Commitments and contingencies (Notes 12 and 13) Equity: Viasat, Inc. stockholders' equity Preferred stock, $0.0001 par value; 5,000,000 shares authorized Common stock, $0.0001 par value, 100,000,000 shares authorized; 7 7 6 6 6 0.00011% Paid-in capital 2,421,950 Retained earnings 233,530 Accumulated other comprehensive (loss) income -21,621 Total Viasat, Inc. stockholders' equity 2,633,866 Noncontrolling interest in subsidiary Total equity Total liabilities and equity 48,728 2,682,594 $6,389,346 2,092,595 249,064 9,803 2,351,469 35,765 2,387,234 $5,349,467 1,788,456 245,373 -6,048 2,027,787 22,355 2,050,142 $4,883,868 1,656,819 245,585 5,338 1,907,748 8,330 1,916,078 $3,915,287 1,535,635 285,960 37.91% 0.00013% 39.12% 0.00012% 36.62% 0.00015% 0.00018% 42.32% 44.98% 3.65% 4.66% 5.02% 6.27% 8.38% 15,565 -0.34% 0.18% -0.12% 0.14% 0.46% 1,837,166 41.22% 43.96% 41.52% 48.73% 53.81% 10,841 0.76% 0.67% 0.46% 0.21% 1,848,007 $3,414,109 41.99% 44.63% 100.00% 100.00% 41.98% 100.00% 48.94% 100.00% 0.32% 54.13% 100.00% Viasat Balance sheet Current Assets: Assets Cash and cash equivalents (in thousands, except per Trends Common Size Balance Sheet of Viasat Inc. Trends Explaination 2022 2021 2020 2019 2018 2022 2021 2020 2019 2018 $310,459 $295,949 $304,309 $261,701 $71,446 4.86% 5.53% 6.23% 6.68% 2.09% Accounts receivable 359,269 238,652 330,698 300,307 267,665 5.62% 4.46% 6.77% 7.67% 7.84% Inventories 341,890 336,672 294,416 234,518 196,307 5.35% 6.29% 6.03% 5.99% 5.75% Prepaid expenses and other current assets 147,854 119,960 116,281 90,646 77,135 2.31% 2.24% 2.38% 2.32% 2.26% Total current assets $1,159,472 $991,233 $1,045,704 $887,172 $612,553 18.15% 18.53% 21.41% 22.66% 17.94% 0.00% 0.00% 0.00% 0.00% 0.00% Property, equipment and statelites, net $3,741,912 $3,050,483 $2,586,735 $2,125,290 $1,962,475 58.56% 57.02% 52.96% 54.28% 57.48% Operating lease right-of-use assets 356,176 Other acquired intangible assets, net Goodwill 236,043 190,113 340,456 9,568 122,300 Other assets 705,630 835,427 Total Assets: $6,389,346 $5,349,467 308,441 14,439 121,197 807,352 $4,883,868 5.57% 6.36% 6.32% 22,301 31,862 3.69% 0.18% 0.30% 0.57% 0.93% 121,719 121,085 2.98% 2.29% 2.48% 3.11% 3.55% 758,805 686,134 11.04% 15.62% 16.53% 19.38% 20.10% $3,915,287 $3,414,109 100.00% 100.00% 100.00% 100.00% 100.00% XRKY Liabibities and Equity Current Liabilities: Accouunts payables Accrued and other liabilities Current portion of long-term debt $219,088 516,422 34,911 Total current liabilities $770,421 $145,134 532,831 30,472 $708,437 $183,601 $157,275 $157,481 3.43% 2.71% 3.76% 4.02% 4.61% 391,190 29,788 $604,579 308,268 19,937 $485,480 263,676 8.08% 9.96% 8.01% 7.87% 7.72% 45,300 0.55% 0.57% 0.61% 0.51% 1.33% $466,457 12.06% 13.24% 12.38% 12.40% 13.66% 0.00% 0.00% 0.00% 0.00% 0.00% Senior notes Other long-term debt $1,686,225 $1,683,264 764,991 119,420 $1,285,497 536,166 $1,282,898 $690,886 26.39% 31.47% 26.32% 32.77% 20.24% 110,005 287,519 11.97% 2.23% 10.98% 2.81% 8.42% Non-current operating lease liabilities 327,664 313,762 286,550 5.13% 5.87% 5.87% Other liabilities Total liabilities 157,451 137,350 120,934 120,826 121,240 2.46% 2.57% 2.48% 3.09% 3.55% $3,706,752 $2,962,233 $2,833,726 $1,999,209 $1,566,102 58.01% 55.37% 58.02% 51.06% 45.87% Commitments and contingencies (Notes 12 and 13) Equity: Viasat, Inc. stockholders' equity Preferred stock, $0.0001 par value; 5,000,000 shares authorized Common stock, $0.0001 par value, 100,000,000 shares authorized; 7 7 6 6 6 0.00011% Paid-in capital 2,421,950 Retained earnings 233,530 Accumulated other comprehensive (loss) income -21,621 Total Viasat, Inc. stockholders' equity 2,633,866 Noncontrolling interest in subsidiary Total equity Total liabilities and equity 48,728 2,682,594 $6,389,346 2,092,595 249,064 9,803 2,351,469 35,765 2,387,234 $5,349,467 1,788,456 245,373 -6,048 2,027,787 22,355 2,050,142 $4,883,868 1,656,819 245,585 5,338 1,907,748 8,330 1,916,078 $3,915,287 1,535,635 285,960 37.91% 0.00013% 39.12% 0.00012% 36.62% 0.00015% 0.00018% 42.32% 44.98% 3.65% 4.66% 5.02% 6.27% 8.38% 15,565 -0.34% 0.18% -0.12% 0.14% 0.46% 1,837,166 41.22% 43.96% 41.52% 48.73% 53.81% 10,841 0.76% 0.67% 0.46% 0.21% 1,848,007 $3,414,109 41.99% 44.63% 100.00% 100.00% 41.98% 100.00% 48.94% 100.00% 0.32% 54.13% 100.00%
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Current Assets Cash and Cash Equivalents The consistent growth in cash and cash equivalents from 201... View the full answer
Related Book For
Introductory Financial Accounting for Business
ISBN: 978-1260299441
1st edition
Authors: Thomas Edmonds, Christopher Edmonds
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