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Given are Income statements and balance sheet for Walmart, using this information calculate: 1. Working capital = current assets current liabilities 2. Current ratio =
Given are Income statements and balance sheet for Walmart, using this information calculate:
1. Working capital = current assets current liabilities
2. Current ratio = current assets / current liabilities
3. Ratio of fixed assets to long-term liabilities = fixed assets (net) / longterm liabilities
4. Return on total assets = net income + interest expense / average total assets
5. Calculate for 2020 and 2021
Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions | Jul. 31, 2021 | Jan. 31, 2021 | Jul. 31, 2020 |
Current assets: | |||
Cash and cash equivalents | $ 22,831 | $ 17,741 | $ 16,906 |
Receivables, net | 6,103 | 6,516 | 5,111 |
Inventories | 47,754 | 44,949 | 41,084 |
Prepaid expenses and other | 1,555 | 20,861 | 1,895 |
Total current assets | 78,243 | 90,067 | 64,996 |
Property and equipment, net | 91,621 | 92,201 | 101,182 |
Operating lease right-of-use assets | 13,868 | 13,642 | 16,869 |
Finance lease right-of-use assets, net | 4,109 | 4,005 | 4,843 |
Goodwill | 29,159 | 28,983 | 29,542 |
Other long-term assets | 21,552 | 23,598 | 19,950 |
Total assets | 238,552 | 252,496 | 237,382 |
Current liabilities: | |||
Short-term borrowings | 671 | 224 | 357 |
Accounts payable | 49,601 | 49,141 | 46,326 |
Dividends payable | 3,109 | 0 | 3,060 |
Accrued liabilities | 23,915 | 37,966 | 23,768 |
Accrued income taxes | 267 | 242 | 610 |
Long-term debt due within one year | 1,617 | 3,115 | 5,553 |
Operating lease obligations due within one year | 1,441 | 1,466 | 1,734 |
Finance lease obligations due within one year | 501 | 491 | 549 |
Total current liabilities | 81,122 | 92,645 | 81,957 |
Long-term debt | 39,581 | 41,194 | 40,959 |
Long-term operating lease obligations | 13,116 | 12,909 | 15,669 |
Long-term finance lease obligations | 3,952 | 3,847 | 4,673 |
Deferred income taxes and other | 13,654 | 14,370 | 12,927 |
Commitments and contingencies | |||
Equity: | |||
Common stock | 278 | 282 | 283 |
Capital in excess of par value | 3,655 | 3,646 | 3,197 |
Retained earnings | 84,572 | 88,763 | 87,614 |
Accumulated other comprehensive loss | (7,976) | (11,766) | (15,784) |
Total Walmart shareholders' equity | 80,529 | 80,925 | 75,310 |
Noncontrolling interest | 6,598 | 6,606 | 5,887 |
Total equity | 87,127 | 87,531 | 81,197 |
Total liabilities and equity | $ 238,552 | $ 252,496 | $ 237,382 |
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