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-Calculate several ratiosI would suggest at least one from each of the categories (profitability, liquidity, solvency, and activity/efficiency) from chapter 4 (chapter 11 in Marshall)
-Calculate several ratiosI would suggest at least one from each of the categories (profitability, liquidity, solvency, and activity/efficiency) from chapter 4 (chapter 11 in Marshall) in the text plus at least one ratio that you have found somewhere else or even made up.
-Examine the numerator and denominator of your primary ratio.
-Examine your primary ratio more thoroughly.
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 31, 2015 | Dec. 31, 2014 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 16,549 | $ 18,347 |
Marketable securities | 56,517 | 46,048 |
Total cash, cash equivalents, and marketable securities (including securities loaned of $4,058 and $4,531) | 73,066 | 64,395 |
Accounts receivable, net of allowance of $225 and $296 | 11,556 | 9,383 |
Receivable under reverse repurchase agreements | 450 | 875 |
Income taxes receivable, net | 1,903 | 591 |
Prepaid revenue share, expenses and other assets | 3,139 | 3,412 |
Total current assets | 90,114 | 78,656 |
Prepaid revenue share, expenses and other assets, non-current | 3,181 | 3,187 |
Non-marketable investments | 5,183 | 3,079 |
Deferred income taxes | 251 | 176 |
Property and equipment, net | 29,016 | 23,883 |
Intangible assets, net | 3,847 | 4,607 |
Goodwill | 15,869 | 15,599 |
Total assets | 147,461 | 129,187 |
Current liabilities: | ||
Accounts payable | 1,931 | 1,715 |
Short-term debt | 3,225 | 2,009 |
Accrued compensation and benefits | 3,539 | 3,069 |
Accrued expenses and other current liabilities | 4,768 | 4,408 |
Accrued revenue share | 2,329 | 1,952 |
Securities lending payable | 2,428 | 2,778 |
Deferred revenue | 788 | 752 |
Income taxes payable, net | 302 | 96 |
Total current liabilities | 19,310 | 16,779 |
Long-term debt | 1,995 | 3,228 |
Deferred revenue, non-current | 151 | 104 |
Income taxes payable, non-current | 3,663 | 3,340 |
Deferred income taxes | 189 | 758 |
Other long-term liabilities | $ 1,822 | $ 1,118 |
Commitments and contingencies | ||
Stockholders equity: | ||
Convertible preferred stock | $ 0 | $ 0 |
Class A and Class B common stock, and Class C capital stock and additional paid-in capital | 32,982 | 28,767 |
Accumulated other comprehensive income (loss) | (1,874) | 27 |
Retained earnings | 89,223 | 75,066 |
Total stockholders equity | 120,331 | 103,860 |
Total liabilities and stockholders equity | 147,461 | 129,187 |
Google Inc. | ||
Current assets: | ||
Cash and cash equivalents | 16,549 | 18,347 |
Marketable securities | 56,517 | 46,048 |
Total cash, cash equivalents, and marketable securities (including securities loaned of $4,058 and $4,531) | 73,066 | 64,395 |
Accounts receivable, net of allowance of $225 and $296 | 11,556 | 9,383 |
Receivable under reverse repurchase agreements | 450 | 875 |
Income taxes receivable, net | 1,903 | 591 |
Prepaid revenue share, expenses and other assets | 3,139 | 3,412 |
Total current assets | 90,114 | 78,656 |
Prepaid revenue share, expenses and other assets, non-current | 3,181 | 3,187 |
Non-marketable investments | 5,183 | 3,079 |
Deferred income taxes | 251 | 176 |
Property and equipment, net | 29,016 | 23,883 |
Intangible assets, net | 3,847 | 4,607 |
Goodwill | 15,869 | 15,599 |
Total assets | 147,461 | 129,187 |
Current liabilities: | ||
Accounts payable | 1,931 | 1,715 |
Short-term debt | 3,225 | 2,009 |
Accrued compensation and benefits | 3,539 | 3,069 |
Accrued expenses and other current liabilities | 4,768 | 4,408 |
Accrued revenue share | 2,329 | 1,952 |
Securities lending payable | 2,428 | 2,778 |
Deferred revenue | 788 | 752 |
Income taxes payable, net | 302 | 96 |
Total current liabilities | 19,310 | 16,779 |
Long-term debt | 1,995 | 3,228 |
Deferred revenue, non-current | 151 | 104 |
Income taxes payable, non-current | 3,663 | 3,340 |
Deferred income taxes | 189 | 758 |
Other long-term liabilities | $ 1,822 | $ 1,118 |
Commitments and contingencies | ||
Stockholders equity: | ||
Convertible preferred stock | $ 0 | $ 0 |
Class A and Class B common stock, and Class C capital stock and additional paid-in capital | 31,313 | 28,767 |
Accumulated other comprehensive income (loss) | (1,874) | 27 |
Retained earnings | 90,892 | 75,066 |
Total stockholders equity | 120,331 | 103,860 |
Total liabilities and stockholders equity | $ 147,461 | $ 129,187 |
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2013 | |
Net income | $ 16,348 | $ 14,136 | $ 12,733 |
Other comprehensive income (loss): | |||
Change in foreign currency translation adjustment | (1,067) | (996) | 89 |
Available-for-sale investments: | |||
Change in net unrealized gains (losses) | (715) | 505 | (392) |
Less: reclassification adjustment for net (gains) losses included in net income | 208 | (134) | (162) |
Net change (net of tax effect of $212, $60, and $29) | (507) | 371 | (554) |
Cash flow hedges: | |||
Change in net unrealized gains | 676 | 651 | 112 |
Less: reclassification adjustment for net gains included in net income | (1,003) | (124) | (60) |
Net change (net of tax effect of $30, $196, and $115) | (327) | 527 | 52 |
Other comprehensive loss | (1,901) | (98) | (413) |
Comprehensive income | 14,447 | 14,038 | 12,320 |
Google Inc. | |||
Net income | 16,348 | 14,136 | 12,733 |
Other comprehensive income (loss): | |||
Change in foreign currency translation adjustment | (1,067) | (996) | 89 |
Available-for-sale investments: | |||
Change in net unrealized gains (losses) | (715) | 505 | (392) |
Less: reclassification adjustment for net (gains) losses included in net income | 208 | (134) | (162) |
Net change (net of tax effect of $212, $60, and $29) | (507) | 371 | (554) |
Cash flow hedges: | |||
Change in net unrealized gains | 676 | 651 | 112 |
Less: reclassification adjustment for net gains included in net income | (1,003) | (124) | (60) |
Net change (net of tax effect of $30, $196, and $115) | (327) | 527 | 52 |
Other comprehensive loss | (1,901) | (98) | (413) |
Comprehensive income | $ 14,447 | $ 14,038 | $ 12,320 |
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