Scenario 30: Financial Statement Analysis - Walmart Inc.

Walmart Inc. has reported the following financial data for the fiscal year ended January 31, 2023:

• Total Assets: $236,845 million
• Total Liabilities: $142,507 million
• Net Income: $14,083 million
• Total Revenue: $558,025 million
• Total Expenses: $543,942 million
• Average Shareholders' Equity: $94,338 million

Calculate the following financial ratios for Walmart Inc.:

a) Return on Assets (ROA) b) Return on Equity (ROE) c) Debt-to-Equity Ratio d) Gross Profit Margin e) Net Profit Margin

Interpret each ratio and discuss the financial performance of Walmart Inc. based on these ratios.