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See Table showing financial statement data and stock price data for Mydeco Corp. a. What is Mydeco's market capitalization at the end of each year?
See Table showing financial statement data and stock price data for Mydeco Corp.
a. What is Mydeco's market capitalization at the end of each year? (Round to two decimal places.)
b. What is Mydeco's market-to-book ratio at the end of each year?
c. What is Mydeco's enterprise value at the end of each year?
2015 515.7 (251.1) 264.6 (100.0) (68.0) (38.3) 58.3 (35.5) 22.8 (8.0) 14.8 53.5 $0.28 2015 2016 607.1 (293.7) 313.4 (1170) (802) (37.8) 78.4 (38.8) 39.6 (13.9) 25.7 53.5 $0.48 2016 2012-2016 Financial Statement Data and Stock Price Data for Mydeco Corp. Mydeco Corp. 2012-2016 (All data as of fiscal year end, in $ million) Income Statement 2012 2013 2014 Revenue 396.5 364.3 427.4 Cost of Goods Sold (184.4) (172.0) (204.8) Gross Profit 212.1 192.3 222.6 Sales and Marketing (64.7) (65.2) (82.2) Administration (60.9) (59.7) (58.1) Depreciation & Amortization (26.7) (28.2) (35.1) EBIT 59.8 39.2 47.2 Interest Income (Expense) (34.1) (34.2) (31.8) Pretax Income 25.7 5.0 15.4 Income Tax (9.0) (1.8) (5.4) Net Income 16.7 3.2 10.0 Shares Outstanding (Millions) 53.5 53.5 53.5 Earnings per Share $0.31 $0.06 $0.19 Balance Sheet 2012 2013 2014 Assets Cash 48.8 73.1 91.4 Accounts Receivable 87.7 68.3 71.5 Inventory 35.6 29.5 28.7 Total Current Assets 172.1 170.9 191.6 Net Property, Plant & Equip. 249.1 239.5 309.7 Goodwill & Intangibles 357.7 357.7 357.7 Total Assets 778.9 768.1 859.0 Liabilities & Stockholders' Equity Accounts Payable 17.6 16.2 23.4 Accrued Compensation 7.3 6.8 6.9 Total Current Liabilities 24.9 23.0 30.3 Long-term Debt 501.7 501.7 575.5 Total Liabilities 526.6 524.7 605.8 Stockholders' Equity 252.3 243.4 253.2 Total Liabilities & Stockholders' 778.9 768.1 859.0 Equity Statement of Cash Flows 2012 2013 2014 Net Income 16.7 3.2 10.0 Depreciation & Amortization 26.7 28.2 35.1 Chg. in Accounts Receivable 3.9 19.4 - 3.2 Chg. in Inventory (2.9) 6.1 0.8 Chg. in Pay. & Accrued Comp. 2.6 (1.9) 7.3 Cash from Operations 47.0 55.0 50.0 Capital Expenditures (25.0) (25.0) (99.8) Cash from Investing Activ. (25.0) (25.0) (99.8) Dividends Paid (5.7) (5.7) (5.7) Sale (or purchase) of stock Debt Issuance (Pay Down) 73.8 Cash from Financing Activ. (5.7) (5.7) 68.1 Change in Cash 16.3 24.3 18.3 Mydeco Stock Price $8.16 $3.34 $5.29 87.1 77.8 30.6 195.5 346.2 357.7 899.4 96.1 88.1 35.2 219.4 345.9 357.7 923.0 27.8 8.5 36.3 600.0 636.3 263.1 899.4 31.9 9.6 41.5 600.0 641.5 281.5 923.0 2015 14.8 38.3 (6.3) (1.9) 6.0 50.9 (74.0) (74.0) (5.7) 2016 25.7 37.8 (10.3) (4.6) 5.2 53.8 (39.1) (39.1) (5.7) 24.5 18.8 (4.3) $8.75 (5.7) 9.0 $10.28Step by Step Solution
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