Question
Compute the following liquidity or solvency ratios for the last two years: capital structure leverage; current ratio; debt/equity ratio; times interest earned. September 30, 2023
Compute the following liquidity or solvency ratios for the last two years: capital structure leverage; current ratio; debt/equity ratio; times interest earned.
September 30, 2023 September 24, 2022 ASSETS: Current assets: Cash and cash equivalents $ 29,965 $ 23,646 Marketable securities 31,590 24,658 Accounts receivable, net 29,508 28,184 Vendor non-trade receivables 31,477 32,748 Inventories 6,331 4,946 Other current assets 14,695 21,223 Total current assets 143,566 135,405 Non-current assets: Marketable securities 100,544 120,805 Property, plant and equipment, net 43,715 42,117 Other non-current assets 64,758 54,428 Total non-current assets 209,017 217,350 Total assets $ 352,583 $ 352,755 LIABILITIES AND SHAREHOLDERS' EQUITY: Current liabilities: Accounts payable $ 62,611 $ 64,115 Other current liabilities 58,829 60,845 Deferred revenue 8,061 7,912 Commercial paper 5,985 9,982 Term debt 9,822 11,128 Total current liabilities 145,308 153,982 Non-current liabilities: Term debt 95,281 98,959 Other non-current liabilities 49,848 49,142 Total non-current liabilities 145,129 148,101 Total liabilities 290,437 302,083 Commitments and contingencies Shareholders' equity: Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized; 15,550,061 and 15,943,425 shares issued and outstanding, respectively 73,812 64,849 Accumulated deficit (214) (3,068) Accumulated other comprehensive loss (11,452) (11,109) Total shareholders' equity 62,146 50,672 Total liabilities and shareholders' equity $ 352,583 $ 352,755
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