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I'd appreciate the help, thank you. What is the ratio of Debt to Assets for Google as of December 31, 2022 (use far right column
I'd appreciate the help, thank you.
What is the ratio of Debt to Assets for Google as of December 31, 2022 (use far right column of numbers). Further, what does this ratio tell us about the financial condition of Google? Click on this link to find the Google financial statements OR in the Content section go to Directions and Materials for Quiz Assignments. You may wish to download the financial statements. Google Financial_Statements 2022 in Excel The ratio of debt to assets is 30%. This ratio tells us that Google is in a weak financial position to pay back its creditors. The ratio of debt to assets is 29.9%. This ratio tells us that the debt holders finance 29.9% of the assets of Google and Stockholders finance 70.1% of the assets. It has around $3.35 of assets for every $1 of debt. The ratio of debt to assets is 19.0%. This ratio tells us that Google is in excellent financial condition to pay its vendors and creditors. The ratio of debt to assets is 30.4%. This ratio tells us that the debt holders finance 30.4% of the assets of Google and Stockholders finance 69.6% of the assets. It has around $3.29 of assets for every $1 of debt. CONSOLIDATED STATEMENTS OF INCOME (in millions) CONSOLIDATED STATEMENTS OF CASH FLOWS (in millions) CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUIT'Y (In millions) As of 31-Dec-21 31-Dec-22 Assets Current assets: Cash and cash equivalents Marketable securities \$ 20,945 \$ 21,879 Total cash, Yash equivalents, and markete (le securities 118,704 91,883 and marketerle securities 139,649 113,762 Accounts receivable, net \begin{tabular}{rr} 39,304 & 40,258 \\ 1,170 & 2,670 \\ 8,020 & \\ 8,105 \\ \hline 188,143 \end{tabular} Inventory Other current assets Total current assets 188,143 30,492 Non-marketable investments 29,549 5,261 Deferred income taxes Property and equipment, net 1,284 112,668 Operating lease assets 97,599 14,381 Intangible assets, net Goodwill Other non-current assets Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable s 12,959 2,084 Accrued compensation and benefits Accrued expenses and other current liabilities Accrued revenue share Deferred revenue Total current liabilities 6,037 s 5,128 13,889 14,028 Accrued expenses and other \begin{tabular}{lrr} Accrued revenue share & 32,044 & 37,866 \\ \hline Deferred revenue & 8,996 & 8,370 \\ \cline { 2 - 3 } \multicolumn{1}{c}{ Total current liabilities } & 3,288 & 3,908 \\ \cline { 2 - 3 } & 64,254 & 69,300 \\ \hline & 14,817 & 14,701 \\ Long-term debt & 535 & 599 \\ Deferred revenue, non-current & 9,176 & 9,258 \\ Income taxes payable, non-current & 5,257 & 514 \\ & 11,369 & 12,501 \\ Deferred income taxes & 2,205 & 2,247 \\ \hline Operating lease liabilities & & \\ Other long-term liabilities & & \end{tabular} Step by Step Solution
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