What are the following ratios for 2019, based on Ford's 10-k?
- Earnings Quality
- Inventory Turnover
- Average Days to Sell Inventory
- Return on Equity
- Fixed Asset Turnover
- Quick
- Debt
FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED INCOME STATEMENT (in millions, except per share amounts) For the years ended December 31, 2017 2018 2019 145,653 $ $ Revenues Automotive Ford Credit Mobility Total revenues (Note 4) 11,113 10 148,294 12.018 26 143,599 12,260 41 155,900 156.776 160,338 131,321 136,269 Costs and expenses Cost of sales Selling, administrative, and other expenses Ford Credit interest, operating, and other expenses Total costs and expenses Operating income 11,527 9,047 151,895 4,881 11,403 9,463 157,135 3,203 134,693 11,161 9,472 155,326 574 1,171 963 Interest expense on Automotive debt Interest expense on Other debt 1,133 57 57 57 3,267 1,201 8,159 2,247 123 (226) 32 4,345 Other incomel (loss), net (Note 5) Equity in net income of affiliated companies Income (Loss) before income taxes Provision for/(Benefit from) income taxes (Note 7) Net income Less: Income attributable to noncontrolling interests Net income attributable to Ford Motor Company 402 650 (640) (724) 84 7,757 3,695 26 18 37 $ 7.731 $ 3,677 $ 47 EARNINGS PER SHARE ATTRIBUTABLE TO FORD MOTOR COMPANY COMMON AND CLASS B STOCK (Note 8) Basic income Diluted income 1.94 $ 0.93 $ 0.01 1.93 0.92 0.01 Weighted average shares used in computation of earnings per share Basic shares 3,975 3,972 3,974 3,998 Diluted shares 3,998 4,004 FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEET (in millions) December 31, 2018 December 31, 2019 $ 16,718 17,233 54,353 11,195 11,220 ASSETS Cash and cash equivalents (Note 9) Marketable securities (Note 9) Ford Credit finance receivables, net (Note 10) Trade and other receivables, less allowances of $94 and $63 Inventories (Note 12) Assets held for sale (Note 10 and Note 24) Other assets Total current assets Ford Credit finance receivables, net (Note 10) Net investment in operating leases (Note 13) Net property (Note 14) Equity in net assets of affiliated companies (Note 15) Deferred income taxes (Note 7) Other assets Total assets 17,504 17,147 53,651 9.237 10,786 2,383 3,339 114,047 3,930 114,649 55,544 29,119 36,178 2,709 10,412 7,929 256,540 53,703 29,230 36,469 2,519 11,863 10,706 258,537 $ $ 21,520 20.556 LIABILITIES Payables Other liabilities and deferred revenue (Note 17) Automotive debt payable within one year (Note 20) Ford Credit debt payable within one year (Note 20) Other debt payable within one year (Note 20) Liabilities held for sale (Note 24) Total current liabilities 20,673 22,987 1,445 52,371 2,314 51,179 130 526 95,569 98,132 23,588 11,233 88,887 25,324 13,233 87,658 Other liabilities and deferred revenue (Note 17) Automotive long-term debt (Note 20) Ford Credit long-term debt (Note 20) Other long-term debt (Note 20) Deferred income taxes (Note 7) Total liabilities 600 470 597 490 220,474 225, 307 Redeemable noncontrolling interest (Note 23) 100 - 40 40 1 1 22,006 22,668 EQUITY Common Stock, par value 5.01 per share (4,011 million shares issued of 6 billion authorized) Class B Stock, par value $.01 per share (71 milion shares issued of 530 million authorized) Capital in excess of par value of stock Retained earnings Accumulated other comprehensive income (oss) (Note 25) Treasury stock Total equity attributable to Ford Motor Company Equity attributable to noncontrolling interests Total equity Total liabilities and equity (7,366) (1,417) 35,932 22,165 20,320 (7,728) (1,613) 33,185 45 34 35,966 33,230 256,540 258,537 The following table includes assets to be used to settle liabilities of the consolidated variable interest entities ("VIES"). These assets and liabilities are included in the consolidated balance sheet above. See Note 26 for additional information on our VIEs. December 31, 2018 December 31, 2019 ASSETS 2,728 $ 3.202 58,478 58,662 Cash and cash equivalents Ford Credit finance receivables, net Net investment in operating leases Other assets LIABILITIES Other liabilities and deferred revenue Debt 16,332 27 14,883 12 24 $ 19 53,269 50,865 The accompanying notes are part of the consolidated financial statements. FS-7
