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a. What is trend in the liquidity of CVS over the last three years, explain with ratios? b. What is trend in the liquidity of
a. What is trend in the liquidity of CVS over the last three years, explain with ratios? | ||||||||||
b. What is trend in the liquidity of Walgreens over the last three years, explain with ratios? |
c. Which company has had better liquidity over the last 3 years? Explain with ratios. |
Income Statement for CVS Balance Sheet All numbers in thousands
|
Income Statement for Walgreens
Balance Sheet
All numbers in thousands
Period Ending | 8/31/2017 | 8/31/2016 | 8/31/2015 |
Current Assets | |||
Cash And Cash Equivalents | 3,301,000 | 9,807,000 | 3,000,000 |
Short Term Investments | - | - | - |
Net Receivables | 6,528,000 | 6,260,000 | 6,849,000 |
Inventory | 8,899,000 | 8,956,000 | 8,678,000 |
Other Current Assets | 1,025,000 | 860,000 | 1,130,000 |
Total Current Assets | 19,753,000 | 25,883,000 | 19,657,000 |
Long Term Investments | 6,320,000 | 6,174,000 | 1,242,000 |
Property Plant and Equipment | 13,642,000 | 14,335,000 | 15,068,000 |
Goodwill | 15,632,000 | 15,527,000 | 16,372,000 |
Intangible Assets | 10,156,000 | 10,302,000 | 12,351,000 |
Accumulated Amortization | - | - | - |
Other Assets | 506,000 | 467,000 | 4,092,000 |
Deferred Long Term Asset Charges | - | - | - |
Total Assets | 66,009,000 | 72,688,000 | 68,782,000 |
Current Liabilities | |||
Accounts Payable | 18,296,000 | 16,690,000 | 15,489,000 |
Short/Current Long Term Debt | 251,000 | 323,000 | 1,068,000 |
Other Current Liabilities | - | - | - |
Total Current Liabilities | 18,547,000 | 17,013,000 | 16,557,000 |
Long Term Debt | 12,684,000 | 18,705,000 | 13,315,000 |
Other Liabilities | 4,223,000 | 4,045,000 | 4,072,000 |
Deferred Long Term Liability Charges | 2,281,000 | 2,644,000 | 3,538,000 |
Minority Interest | 808,000 | 401,000 | 439,000 |
Negative Goodwill | - | - | - |
Total Liabilities | 37,735,000 | 42,407,000 | 37,482,000 |
Stockholders' Equity | |||
Misc. Stocks Options Warrants | - | - | - |
Redeemable Preferred Stock | - | - | - |
Preferred Stock | - | - | - |
Common Stock | 12,000 | 12,000 | 12,000 |
Retained Earnings | 30,137,000 | 27,684,000 | 25,089,000 |
Treasury Stock | -9,971,000 | -4,934,000 | -3,977,000 |
Capital Surplus | 10,339,000 | 10,111,000 | 9,953,000 |
Other Stockholder Equity | -3,051,000 | -2,993,000 | -216,000 |
Total Stockholder Equity | 27,466,000 | 29,880,000 | 30,861,000 |
Net Tangible Assets | 1,678,000 | 4,051,000 | 2,138,000 |
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