Question
TARGET INC BALANCE SHEET in millions) January 30, 2021 February 1,2020 February 2,2019 January 30, 2021 February 1,2020 February 2,2019 Assets Cash and cash equivalkents
TARGET INC BALANCE SHEET
in millions) | January 30, 2021 | February 1,2020 | February 2,2019 | January 30, 2021 | February 1,2020 | February 2,2019 | ||||
Assets | ||||||||||
Cash and cash equivalkents | 8511 | 2577 | 1556 | 16.61% | 6.02% | 3.77% | ||||
Inventory | 10653 | 8992 | 9497 | 20.79% | 21.02% | 23.00% | ||||
Other current assets | 1592 | 1333 | 1466 | 3.11% | 3.12% | 3.55% | ||||
Total current assets | 20756 | 12902 | 12519 | 40.50% | 30.16% | 30.32% | ||||
Property and equipment | ||||||||||
Land | 6141 | 6036 | 6064 | 11.98% | 14.11% | 14.69% | ||||
Buildings and improvemnts | 31557 | 30603 | 29240 | 61.58% | 71.54% | 70.82% | ||||
Fixtures and equipment | 5914 | 6083 | 5912 | 11.54% | 14.22% | 14.32% | ||||
computer hardware and software | 2765 | 2692 | 2544 | 5.40% | 6.29% | 6.16% | ||||
Construction in progress | 780 | 533 | 460 | 1.52% | 1.25% | 1.11% | ||||
Accumulated depreciation | 20278 | 19664 | 18687 | 39.57% | 45.97% | 45.26% | ||||
Property and equipment,net | 26879 | 26283 | 25533 | 52.45% | 61.44% | 61.84% | ||||
Operating lease assets | 2227 | 2236 | 1965 | 4.35% | 5.23% | 4.76% | ||||
Other noncurrent assets | 1386 | 1358 | 1273 | 2.70% | 3.17% | 3.08% | ||||
Total assets | 51248 | 42779 | 41290 | 100.00% | 100.00% | 100.00% | ||||
Liabilities and shareholders'investment | ||||||||||
Accounts payable | 12859 | 9920 | 9761 | 25.09% | 23.19% | 23.64% | ||||
Accrued and other current liabilities | 6122 | 4406 | 4201 | 11.95% | 10.30% | 10.17% | ||||
Current portion of long term debt and other borrowing | 1144 | 161 | 1052 | 2.23% | 0.38% | 2.55% | ||||
Total current liabilities | 20125 | 14487 | 15014 | 39.27% | 33.86% | 36.36% | ||||
Long term debt and other borrowings | 11536 | 11338 | 10223 | 22.51% | 26.50% | 24.76% | ||||
Noncurrent operating lease liabilities | 2218 | 2275 | 2004 | 4.33% | 5.32% | 4.85% | ||||
Deferrred income taxes | 990 | 1122 | 972 | 1.93% | 2.62% | 2.35% | ||||
Other noncurrent liabilities | 1939 | 1724 | 1780 | 3.78% | 4.03% | 4.31% | ||||
Total noncurrent liabilities | 16683 | 16459 | 14979 | 32.55% | 38.47% | 36.28% | ||||
Shareholders'investment | ||||||||||
Common stock | 42 | 42 | 43 | 0.08% | 0.10% | 0.10% | ||||
Additional paid-in capital | 6329 | 6226 | 6042 | 12.35% | 14.55% | 14.63% | ||||
Retained earnings | 8825 | 6433 | 6017 | 17.22% | 15.04% | 14.57% | ||||
Accumulated other comprehensive loss | 756 | 868 | 805 | 1.48% | 2.03% | 1.95% | ||||
Total shareholders'investment | 14440 | 11833 | 11297 | 28.18% | 27.66% | 27.36% | ||||
Total liabilities and shareholders'investment | 51248 | 42779 | 41290 | 100.00% | 100.00% | 100.00% |
What are the companys largest assets? Largest liabilities? Determine the relative proportion of short- and long-term assets.
Determine the relative proportion of liabilitile.com/spreadsheees and equity.
What percent of total assets is financed by non-owners? By owners? Are there any patterns emerging? Interpret them.
What do we mean when we say the company has strong or weak balance sheet
Can you link any of the asset or liabilities items and back to companys competitive strategy?
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