Calculate the following for 2019 Q2 (3 months ended):
- Profit Margin
- Return on Assets
- Return on equity
- Receivable Turnover
- Average Collection period
- Inventory turnover
- Current ratio
- Working Capital
- Debt to total assets
- Debt to equity
- Earnings per share
- Price to Earnings ratio
Caterpillar Inc. Condensed Consolidated Statement of Results of Operations (Unaudited) (Dollars in millions except per share data) Three Months Ended June 30, 2019 2018 Six Months Ended June 30, 2019 2018 Sales and revenues: Sales of Machinery, Energy & Transportation............... Revenues of Financial Products Total sales and revenues ... $ 13,671 761 14,432 $ 13,279 732 14,011 $ 26,395 1,503 27,898 $ 25,429 1,441 26,870 Operating costs: Cost of goods sold ............. Selling, general and administrative expenses................ Research and development expenses....... Interest expense of Financial Products .... Other operating (income) expenses........ Total operating costs..... 9,941 1,309 441 192 336 12,219 9,422 1,440 462 182 338 11,844 18,944 2,628 876 382 648 23,478 17,988 2,716 905 348 638 22,595 Operating profit... 2,213 2,167 4,420 4,275 Interest expense excluding Financial Products Other income (expense)... 103 68 102 121 206 228 203 248 2,186 Consolidated profit before taxes...... 2,178 2,186 4,442 4,320 2,178 1945 d 565 Provision (benefit) for income taxes...... Profit of consolidated companies 490 1,696 hero 952 3,490 o 962 3,358 1,613 Equity in profit (loss) of unconsolidated affiliated companies ...... 6 13 14 Profit of consolidated and affiliated companies.......... 1,619 1,705 3,503 3,372 - (2) 2 Less: Profit (Loss) attributable to noncontrolling interests .... (1) Profit ......... ....$ 1,620 $1,707 $ 3,501 S 3,372 Profit per common share ............ ............. $ $ 2.85 2.83 $ $ 2.86 2.82 $ $ 6.14 6.08 $ $ 5.65 5.56 Profit per common share - diluted 2 Weighted average common shares outstanding (millions) - Basic ............... Diluted 2 567.8 573.1 596.2 604.2 569.9 575.8 597.0 606.1 | Profit attributable to common shareholders. 2 Diluted by assumed exercise of stock-based compensation awards using the treasury stock method. Caterpillar Inc. Condensed Consolidated Statement of Financial Position (Unaudited) (Millions of dollars) June 30, 2019 December 31, 2018 7,429 8,996 9,539 1,818 12,007 39,789 7,857 8,802 8,650 1,765 11,529 38,603 Assets Current assets: Cash and short-term investments Receivables - trade and other .. Receivables - finance................ Prepaid expenses and other current assets. Inventories....... Total current assets.. Property, plant and equipment - net.......... Long-term receivables - trade and other.......... Long-term receivables - finance.......... Noncurrent deferred and refundable income taxes............ Intangible assets Goodwill........... Other assets...... Total assets 13,172 1,154 12,461 1,473 1,733 6,211 3,194 79,187 13,574 1,161 13,286 1,439 1,897 6,217 2,332 78,509 $ $ Liabilities Current liabilities: Short-term borrowings: -- Machinery, Energy & Transportation. -- Financial Products Accounts payable Accrued expenses................ Accrued wages, salaries and employee benefits Customer advances ......... Dividends payable..................... Other current liabilities ............... Long-term debt due within one year: -- Machinery, Energy & Transportation -- Financial Products ........ Total current liabilities.... 5,266 7,022 3,789 1,411 1,263 579 2,157 5,723 7,051 3,573 2,384 1,243 495 1,919 6,235 27,735 10 5,820 28,218 Long-term debt due after one year: -- Machinery, Energy & Transportation ............. -- Financial Products Liability for postemployment benefits ... Other liabilities Total liabilities.............. 7,657 17,107 7,448 4,362 64,309 8,005 16,995 7,455 3,756 64,429 Shareholders' equity Common stock Treasury stock. Profit employed in the business................. Accumulated other comprehensive income (loss)......... Noncontrolling interests................ Total shareholders' equity ................. Total liabilities and shareholders' equity ............... 5,822 (22,467) 32,981 (1,499) 5,827 (20,531) 30,427 (1,684) 41 14,878 79,187 14,080 78,509 $ $ Caterpillar Inc. Condensed Consolidated Statement of Cash Flow (Unaudited) (Millions of dollars) Six Months Ended June 30, 2019 2018 $ 3,503 $ 3,372 1.288 440 1,367 446 (166) (487) 134 151 (979) (703) (1,208) 545 (31) (768) (54) 174 (57) 3,083 14 (221) 32 3,709 Cash flow from operating activities: Profit of consolidated and affiliated companies... Adjustments for non-cash items: Depreciation and amortization....... Other ........... Changes in assets and liabilities, net of acquisitions and divestitures: Receivables - trade and other. Inventories ................. Accounts payable .............. Accrued expenses........ Accrued wages, salaries and employee benefits Customer advances.. Other assets-net................................. Other liabilities - net.................... Net cash provided by (used for) operating activities.... Cash flow from investing activities: Capital expenditures -excluding equipment leased to others. Expenditures for equipment leased to others. Proceeds from disposals of leased assets and property, plant and equipment....... .. Additions to finance receivables. Collections of finance receivables................. Proceeds from sale of finance receivables ... Investments and acquisitions (net of cash acquired)... Proceeds from sale of businesses and investments (net of cash sold).... Proceeds from sale of securities ........ Investments in securities...................... Other - net... Net cash provided by (used for) investing activities......... Cash flow from financing activities: Dividends paid........................ Common stock issued, including treasury shares reissued Common shares repurchased Proceeds from debt issued (original maturities greater than three months) ... ............ Payments on debt (original maturities greater than three months) Short-term borrowings - net (original maturities three months or less).......... ...... Other - net .................. Net cash provided by (used for) financing activities.......... Effect of exchange rate changes on cash................. Increase (decrease) in cash and short-term investments and restricted cash Cash and short-term investments and restricted cash at beginning of period............................. Cash and short-term investments and restricted cash at end of period ......................... ......... (479) (746) 422 (6,181) 5,902 (645) (883) 539 (6.143) 5,405 124 (348) 119 12 168 (318) 170 (243) (40) (1,079) 21 (2,068) (986) 39 (2,105) 5,340 (4,901) (436) (933) 256 (1,250) 4,307 (4,436) 1,487 (3,051) (10) (431) 7,890 7,459 (573) (68) 374 8,320 8,694 $ $ All short-term investments, which consist primarily of highly liquid investments with original maturities of three months or less, are considered to be cash equivalents
