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ASOBEV CONSOLIDATED STATEMENTS OF INCOME (Amounts in thousands, except per share data) FY 2022 FY 2021 FY 2020 1/28/2023 1/29/2022 1/30/2021 NET SALES 6,395,073 6,773,128
ASOBEV | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
(Amounts in thousands, except per share data) | |||
FY 2022 | FY 2021 | FY 2020 | |
1/28/2023 | 1/29/2022 | 1/30/2021 | |
NET SALES | 6,395,073 | 6,773,128 | 5,689,233 |
COST OF GOODS SOLD | 4,182,571 | 4,422,033 | 3,955,188 |
GROSS MARGIN | 2,212,502 | 2,351,095 | 1,734,045 |
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES | 1,365,953 | 1,443,148 | 1,313,647 |
OPERATING INCOME | 846,549 | 907,947 | 420,398 |
INTEREST EXPENSE, NET | 46,441 | 48,989 | 86,514 |
(GAIN) LOSS ON EARLY RETIREMENT OF DEBT, NET | 1,963 | 2,239 | (3,582.00) |
OTHER (INCOME), NET | (20,175.00) | (2,821.00) | (1,654.00) |
INCOME BEFORE INCOME TAXES | 818,320 | 859,540 | 339,120 |
INCOME TAX EXPENSE | 190,319 | 188,159 | 30,356 |
NET INCOME | 628,001 | 671,381 | 308,764 |
CONSOLIDATED BALANCE SHEETS | |||||
FY 2022 | FY 2021 | FY 2020 | |||
1/28/2023 | 1/29/2022 | 1/30/2021 | |||
ASSETS | |||||
CURRENT ASSETS: | |||||
Cash and cash equivalents | 337,145 | 485,998 | 377,604 | ||
Accounts receivable - less allowance for doubtful accounts of $2,004 , $732, and $1,172 respectively | 16,503 | 19,718 | 17,306 | ||
Merchandise inventories, net | 1,283,517 | 1,171,808 | 990,034 | ||
Prepaid expenses and other current assets | 47,747 | 36,460 | 28,313 | ||
Assets held for sale | 1,763 | 1,763 | 1,763 | ||
Total current assets | 1,686,675 | 1,715,747 | 1,415,020 | ||
PROPERTY AND EQUIPMENT, NET | 351,424 | 345,836 | 378,260 | ||
RIGHT-OF-USE ASSETS | 1,100,085 | 1,079,546 | 1,143,699 | ||
TRADE NAME | 577,716 | 577,215 | 577,000 | ||
GOODWILL | 861,920 | 861,920 | 861,920 | ||
OTHER NONCURRENT ASSETS | 17,619 | 4,676 | 8,583 | ||
Total assets | 4,595,439 | 4,584,940 | 4,384,482 | ||
LIABILITIES AND STOCKHOLDERS' / PARTNERS' EQUITY | |||||
CURRENT LIABILITIES: | |||||
Accounts payable | 686,472 | 737,826 | 791,404 | ||
Accrued expenses and other current liabilities | 240,169 | 303,207 | 291,351 | ||
Current lease liabilities | 109,075 | 83,077 | 80,338 | ||
Current maturities of long-term debt | 3,000 | 3,000 | 4,000 | ||
Total current liabilities | 1,038,716 | 1,127,110 | 1,167,093 | ||
LONG-TERM DEBT, NET | 584,456 | 683,585 | 781,489 | ||
LONG-TERM LEASE LIABILITIES | 1,072,192 | 1,077,667 | 1,150,088 | ||
DEFERRED TAX LIABILITIES, NET | 259,043 | 217,212 | 138,703 | ||
OTHER LONG-TERM LIABILITIES | 12,726 | 12,420 | 35,126 | ||
Total liabilities | 2,967,133 | 3,117,994 | 3,272,499 | ||
Additional paid-in capital | 216,209 | 198,016 | 127,228 | ||
Retained earnings | 1,411,330 | 1,268,060 | 987,168 | ||
Accumulated other comprehensive loss | -3324 | ||||
Stockholders' / partners' equity | 1,628,306 | 1,466,946 | 1,111,983 | ||
Total liabilities and stockholders' / partners' equity | 4,595,439 | 4,584,940 | 4,384,482 |
calculate the following ratios for the three years
i) Current ratio, Quick ratio, Profit Margin, Debt To Total Asset Ratio
ii) Asset Turnover, ROA, ROE
iii) NOA, NOPAT, RNOA, NOPM, NOAT
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