Disney's working capital is 8623000. This was determined by subtracting current assets (35251000) minus current liabilities(26628000). These numbers are used on a thousands scale.
Question - discuss the businesss current financial liquidity position. For example, does the business have sufficient working capital on hand to address bills to suppliers? Will there be potential cash inflow at the end of the year?
5 Disney (Walt) Co. (The) (NYS: DIS) 6 7 Exchange rate used is that of the Year End reported date 8 9 10 As Reported Annual Balance Sheet 11 Report Date 10/03/2020 12 Currency USD Audit Status Not Qualified 13 14 Consolidated Yes 15 Scale Thousands 16 Cash & cash equivalents 17914000 17 Accounts receivable 18 Other receivables 19 Allowance for doubtful accounts 20 Receivables 12708000 1583000 2171000 21 Inventories 22 Licensed content costs & advances 23 Prepaid expenses 24 Other current assets 25 Other current assets 26 Total current assets 27 Produced & licensed content costs 28 Investments 29 Attractions, buildings & improvements 30 Furniture, fixtures & equipment 31 Land improvements 32 Leasehold improvements 33 Attractions, buildings & equipment, at cost 34 Accumulated depreciation 35 Parks, resorts & other property, before projects in progress & 36 Projects in progress 37 Land 38 Parks, resorts & other property, net 39 Intangible assets, net 40 Goodwill 41 Receivables 42 Prepaid expenses 43 Other non-current assets 44 Other assets 45 Total assets 46 Accounts payable 47 Payroll & employee benefits 48 Other accounts payable & accrued liabilities 49 Accounts payable & other accrued liabilities 50 Current portion of borrowings 51 Deferred revenue & other current liabilities 875000 35251000 25022000 3903000 31279000 22976000 6828000 1028000 62111000 35517000 26594000 4449000 1035000 32078000 19173000 77689000 8433000 201549000 12663000 2925000 1213000 16801000 5711000 4116000 26628000 2023000 2 Total current liabilities 53 Commercial paper 4 U.S. & european medium-term notes 5 Capital Cities/ABC, Inc. debt 6 U.S. dollar denominated notes 57 Foreign currency denominated debt 58 Other borrowings 9 Total long-term borrowings - Disney Co. 50 Asia Theme Parks borrowings 51 Total borrowings 2 Less current portion 53 Borrowings 54 Deferred income taxes 5 Pension & postretirement medical plan liabilities 6 Other long-term liabilities 57 Other long-term liabilities 8 Redeemable noncontrolling interests 9 Common stock O Retained earnings (accumulated deficit) 1 Market value adjustments for investments 2 Market value adjustments for cash flow hedges 3 Market value adjustments 4 Unrecognized pension & postretirement medical expense 5 Foreign currency translation & other accumulated other comp 6 Foreign currency translation adjustments 7 Accumulated other comprehensive income (loss) -8 Stockholders' equity subtotal 9 Treasury stock, at cost 0 Total The Walt Disney Company shareholders' equity 31 Noncontrolling interests 32 Total equity 52736000 1983000 583000 57325000 1303000 58628000 5711000 52917000 7288000 6451000 10753000 17204000 9249000 54497000 38315000 -151000 -7222000 -949000 -8322000 907000 83583000 4680000 88263000 23 5 Disney (Walt) Co. (The) (NYS: DIS) 6 7 Exchange rate used is that of the Year End reported date 8 9 10 As Reported Annual Balance Sheet 11 Report Date 10/03/2020 12 Currency USD Audit Status Not Qualified 13 14 Consolidated Yes 15 Scale Thousands 16 Cash & cash equivalents 17914000 17 Accounts receivable 18 Other receivables 19 Allowance for doubtful accounts 20 Receivables 12708000 1583000 2171000 21 Inventories 22 Licensed content costs & advances 23 Prepaid expenses 24 Other current assets 25 Other current assets 26 Total current assets 27 Produced & licensed content costs 28 Investments 29 Attractions, buildings & improvements 30 Furniture, fixtures & equipment 31 Land improvements 32 Leasehold improvements 33 Attractions, buildings & equipment, at cost 34 Accumulated depreciation 35 Parks, resorts & other property, before projects in progress & 36 Projects in progress 37 Land 38 Parks, resorts & other property, net 39 Intangible assets, net 40 Goodwill 41 Receivables 42 Prepaid expenses 43 Other non-current assets 44 Other assets 45 Total assets 46 Accounts payable 47 Payroll & employee benefits 48 Other accounts payable & accrued liabilities 49 Accounts payable & other accrued liabilities 50 Current portion of borrowings 51 Deferred revenue & other current liabilities 875000 35251000 25022000 3903000 31279000 22976000 6828000 1028000 62111000 35517000 26594000 4449000 1035000 32078000 19173000 77689000 8433000 201549000 12663000 2925000 1213000 16801000 5711000 4116000 26628000 2023000 2 Total current liabilities 53 Commercial paper 4 U.S. & european medium-term notes 5 Capital Cities/ABC, Inc. debt 6 U.S. dollar denominated notes 57 Foreign currency denominated debt 58 Other borrowings 9 Total long-term borrowings - Disney Co. 50 Asia Theme Parks borrowings 51 Total borrowings 2 Less current portion 53 Borrowings 54 Deferred income taxes 5 Pension & postretirement medical plan liabilities 6 Other long-term liabilities 57 Other long-term liabilities 8 Redeemable noncontrolling interests 9 Common stock O Retained earnings (accumulated deficit) 1 Market value adjustments for investments 2 Market value adjustments for cash flow hedges 3 Market value adjustments 4 Unrecognized pension & postretirement medical expense 5 Foreign currency translation & other accumulated other comp 6 Foreign currency translation adjustments 7 Accumulated other comprehensive income (loss) -8 Stockholders' equity subtotal 9 Treasury stock, at cost 0 Total The Walt Disney Company shareholders' equity 31 Noncontrolling interests 32 Total equity 52736000 1983000 583000 57325000 1303000 58628000 5711000 52917000 7288000 6451000 10753000 17204000 9249000 54497000 38315000 -151000 -7222000 -949000 -8322000 907000 83583000 4680000 88263000 23
