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Please help me come up with some comments regarding the vertical analysis of Go Pro's balance sheet. - What major observations about the income statements

Please help me come up with some comments regarding the vertical analysis of Go Pro's balance sheet.

- What major observations about the income statements

-explain what jumps out to you & implications of that

-How this statement can cause someone to recommend not to invest into the company.

-Bad decisions that are being made?

-Good decision that are being made?

image text in transcribedimage text in transcribed

Vertical Analysis of Consolidated Balance Sheet For Years Ended December 31, 2019 and 2018 2019 2018 Amount of Total Amount Current assets: Cash and cash equivalents $150.301.000 18.96% $152,095,000 Marketable Securities 14.847,000 1.87% 45,417,000 Accounts receivabis, net 200.634.000 25.31% 129 216,000 Inventory 144.238.000 18.19% 116,458,000 Prepaid expenses and other current assets 25.958.000 3.27% 30.887,000 Total current assets 535,976.000 67.61% 474.073,000 Property and equipment, net 36.539,000 4.61% 46.567,000 Operating Lease, Right-of-Use Asset 53.121.000 6.70% Intangible assets, net 5.247.000 0.66% 13.065,000 Goodwill 146,459,000 18.47% 146,450,000 Other long-term assets 15,461,000 1.95% 18.195,000 Total assets 792.803,000 100.00% 698,350,000 21.78% 6.50% 18.50% 16.68% 4.42% 67.88% 6.67% 1.87% 20.97% 2.61% 100.00% Current les 148.478,000 135,892,000 21.26% 19.46% O 160,695.000 141,790,000 9.000.000 15.467.000 327051.000 13.726,000 148.810,000 62.961.000 6.726.000 559.274.000 Current liabilities: Accounts payable Accrued expenses and other current liabilities Short-term operating si tes Deferred revenue Total current liabilities Long-term taxes payable Long-term det Long-term operating lease liabilities Other long-term liabilities Total liabilities Commitments, contingencies and guarantees Stockholders' equity: Preferred stock 50 0001 par value. 5,000 shares authorized Common stock and additional paid in capital, S0.0001 par value, 500,000 Class A shares authorized. 117.922 and 105.170 Shares sued and outstanding, respectively 150,000 Class B shares authorized, 28,897 and 35.897 shares issued and outstanding, respectively Treasury stock, at cost, 10.710 and 10,710 shares, respect Accumulated deficit Total stockholders' equity Total liabilities and stockholders' equity 20.27% 17.88% 1.15% 1.95% 41.25% 1.73% 18.77% 7.94% 0.85% 70.54% 15,129,000 290.490,000 19,553,000 138.992,000 2.17% 42.89% 2.80% 19.90% 28.209,000 486.247,000 4.04% 69.63% 930.875.000 - 113,613.000 -583.730.000 233,529.000 $792,800.000 117.42% - 14.33% -73.63% 29.46% 100.00% 894.755,000 -113,513,000 -569.030,000 212,112,000 S690.359,000 128.12% -16.27% -81.48% 30.37% 100.00%

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