Question
How much did Target Corporation pay in foreign taxes last year? What percentage of its income is United States vs. foreign? Income statements Period Ending
How much did Target Corporation pay in foreign taxes last year? What percentage of its income is United States vs. foreign?
Income statements
Period Ending | 1/28/2017 | 1/30/2016 | |
Total Revenue | $69,495,000 | $73,785,000 | |
Cost of Revenue | $48,872,000 | $51,997,000 | |
Gross Profit | $20,623,000 | $21,788,000 | |
Research and Development | $0 | $0 | |
Sales, General and Admin. | $13,356,000 | $14,665,000 | |
Non-Recurring Items | $0 | $0 | |
Other Operating Items | $2,298,000 | $2,213,000 | |
Operating Income | $4,969,000 | $4,910,000 | |
Additional income/expense items | $0 | $620,000 | |
Earnings Before Interest and Tax | $4,969,000 | $5,530,000 | |
Interest Expense | $1,004,000 | $607,000 | |
Earnings Before Tax | $3,965,000 | $4,923,000 | |
Income Tax | $1,296,000 | $1,602,000 | |
Minority Interest | $0 | $0 | |
Equity Earnings/Loss Unconsolidated Subsidiary | $0 | $0 | |
Net Income-Cont. Operations | $2,669,000 | $3,321,000 | |
Net Income | $2,737,000 | $3,363,000 | |
Net Income Applicable to Common Shareholders | $2,737,000 | $3,363,000 | |
Balance Sheet | |||
Current Assets | |||
Cash and Cash Equivalents | $2,512,000 | $4,046,000 | |
Short-Term Investments | $0 | $0 | |
Net Receivables | $0 | $0 | |
Inventory | $8,309,000 | $8,601,000 | |
Other Current Assets | $1,169,000 | $1,483,000 | |
Total Current Assets | $11,990,000 | $14,130,000 | |
Long-Term Assets | |||
Long-Term Investments | $0 | $0 | |
Fixed Assets | $24,658,000 | $25,217,000 | |
Goodwill | $0 | $0 | |
Intangible Assets | $0 | $0 | |
Other Assets | $783,000 | $915,000 | |
Deferred Asset Charges | $0 | $0 | |
Total Assets | $37,431,000 | $40,262,000 | |
Current Liabilities | |||
Accounts Payable | $10,989,000 | $11,654,000 | |
Short-Term Debt / Current Portion of Long-Term Debt | $1,718,000 | $815,000 | |
Other Current Liabilities | $1,000 | $153,000 | |
Total Current Liabilities | $12,708,000 | $12,622,000 | |
Long-Term Debt | $11,031,000 | $11,945,000 | |
Other Liabilities | $1,878,000 | $1,915,000 | |
Deferred Liability Charges | $861,000 | $823,000 | |
Misc. Stocks | $0 | $0 | |
Minority Interest | $0 | $0 | |
Total Liabilities | $26,478,000 | $27,305,000 | |
Stock-Holders Equity | |||
Common Stocks | $46,000 | $50,000 | |
Capital Surplus | $5,661,000 | $5,348,000 | |
Retained Earnings | $5,884,000 | $8,188,000 | |
Treasury Stock | $0 | $0 | |
Other Equity | ($638,000) | ($629,000) | |
Total Equity | $10,953,000 | $12,957,000 | |
Total Liabilities & Equity | $37,431,000 | $40,262,000 | |
Cash Flow | |||
Net Income | $2,737,000 | $3,363,000 | |
Cash Flow-Operating Activities | |||
Depreciation | $2,298,000 | $2,213,000 | |
Net Income Adjustments | $508,000 | ($812,000) | |
Changes in Operating Activities | |||
Accounts Receivable | $0 | $0 | |
Changes in Inventories | $293,000 | ($316,000) | |
Other Operating Activities | $36,000 | $227,000 | |
Liabilities | ($543,000) | $579,000 | |
Net Cash Flow-Operating | $5,436,000 | $5,958,000 | |
Cash flows-Investing Activities | |||
Capital Expenditures | ($1,547,000) | ($1,438,000) | |
Investments | $28,000 | $24,000 | |
Other Investing Activities | $46,000 | $1,922,000 | |
Net Cash Flows-Investing | ($1,473,000) | $508,000 | |
Cash Flows-Financing Activities | |||
Sale and Purchase of Stock | ($3,485,000) | ($3,183,000) | |
Net Borrowings | ($664,000) | ($85,000) | |
Other Financing Activities | $0 | $0 | |
Net Cash Flows-Financing | ($5,497,000) | ($4,630,000) | |
Effect of Exchange Rate | $0 | $0 | |
Net Cash Flow | ($1,534,000) | $1,836,000 | |
Financial Ratios | |||
Liquidity Ratios | |||
Current Ratio | 94% | 112% | |
Quick Ratio | 29% | 44% | |
Cash Ratio | 20% | 32% | |
Profitability Ratio | |||
Gross Margin | 30% | 30% | |
Operating Margin | 7% | 7% | |
Pre-Tax Margin | 6% | 7% | |
Profit Margin | 4% | 5% |
(www.nasdaq.com)
All the financial statements are here
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