Homework Help is Here – Start Your Trial Now!
Business
Accounting
EXPLAIN THE RESULTS OF TOTAL LIABILITIES IN VERTICAL ANALYSIS

EXPLAIN THE RESULTS OF TOTAL LIABILITIES IN VERTICAL ANALYSIS

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

EXPLAIN THE RESULTS OF TOTAL LIABILITIES IN VERTICAL ANALYSIS

LIABILITIES AND EQUITY Current Liabilities Trade Payables and other current liabiliti 30.20% 28.13% 25.22% 18.31% 14.88% 17.68% 19.69% 22.74% 26.17% 20.46% Income tax payable 0.43% 0.25% 0.23% 0.21% 0.09% 0.22% 0.21% 0.20% 0.21% 0.20% Short-term debt 0.00% 0.00% 0.00% 11.83% 7.53% 15.02% 13.24% 13.23% 12.77% 13.29% Current portion of long-term debt 2.15% 1.35% 4.30% 1.82% 2.24% 6.34% 4.84% 5.23% 5.00% 5.23% Operating lease payables 0.00% 0.28% 0.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Lease liabilities 0.00% 0.00% 0.00% 3.75% 3.07% 2.13% 2.46% 2.82% 2.70% 2.99% Provisions 0.00% 0.00% 0.00% 0.00% 0.14% 0.00% 0.00% 0.00% 0.00% 0.00% Liabilitiy for acquisition of business 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Total Current Liabilities 32.77% 30.01% 30.03% 35.93% 27.95% 41.40% 40.43% 44.23% 46.85% 42.17% Noncurrent Liabilities Senior debt securities 0.00% 0.00% 0.00% 0.00% 13.58% 0.00% 0.00% 0.00% 0.00% 0.00% Noncurrent portion of long-term debt 14.57% 16.60% 18.77% 10.23% 6.90% 12.73% 13.06% 12.83% 12.48% 12.33% Noncurrent portion of lease liability 0.00% 0.00% 0.00% 21.48% 15.47% 0.00% 0.00% 0.00% 0.00% 0.00% Pension liability 2.28% 1.66% 1.16% 1.19% 1.38% 1.52% 1.50% 1.50% 1.63% 1.66% Operating lease payables 2.47% 2.00% 2.39% 0.00% 0.06% 1.02% 0.90% 0.77% 0.54% 0.66% Derivative liability 0.05% 0.06% 0.00% 0.03% 0.07% 0.04% 0.05% 0.05% 0.06% 0.06% Provisions 0.04% 0.92% 0.72% 0.44% 0.49% 0.56% 0.64% 0.62% 0.63% 0.64% Deferred tax liabilities -net 0.70% 1.32% 3.08% 2.23% 1.83% 2.09% 2.33% 2.51% 2.53% 2.46% Total Noncurrent Liabilities 20.10% 22.56% 26.13% 35.60% 39.78% 17.95% 18.48% 18.27% 17.87% 17.81% TOTAL LIABILITIES 52.86% 52.57% 56.16% 71.53% 67.73% 59.35% 58.90% 62.50% 64.71% 59.97%
Transcribed Image Text:LIABILITIES AND EQUITY Current Liabilities Trade Payables and other current liabiliti 30.20% 28.13% 25.22% 18.31% 14.88% 17.68% 19.69% 22.74% 26.17% 20.46% Income tax payable 0.43% 0.25% 0.23% 0.21% 0.09% 0.22% 0.21% 0.20% 0.21% 0.20% Short-term debt 0.00% 0.00% 0.00% 11.83% 7.53% 15.02% 13.24% 13.23% 12.77% 13.29% Current portion of long-term debt 2.15% 1.35% 4.30% 1.82% 2.24% 6.34% 4.84% 5.23% 5.00% 5.23% Operating lease payables 0.00% 0.28% 0.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Lease liabilities 0.00% 0.00% 0.00% 3.75% 3.07% 2.13% 2.46% 2.82% 2.70% 2.99% Provisions 0.00% 0.00% 0.00% 0.00% 0.14% 0.00% 0.00% 0.00% 0.00% 0.00% Liabilitiy for acquisition of business 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Total Current Liabilities 32.77% 30.01% 30.03% 35.93% 27.95% 41.40% 40.43% 44.23% 46.85% 42.17% Noncurrent Liabilities Senior debt securities 0.00% 0.00% 0.00% 0.00% 13.58% 0.00% 0.00% 0.00% 0.00% 0.00% Noncurrent portion of long-term debt 14.57% 16.60% 18.77% 10.23% 6.90% 12.73% 13.06% 12.83% 12.48% 12.33% Noncurrent portion of lease liability 0.00% 0.00% 0.00% 21.48% 15.47% 0.00% 0.00% 0.00% 0.00% 0.00% Pension liability 2.28% 1.66% 1.16% 1.19% 1.38% 1.52% 1.50% 1.50% 1.63% 1.66% Operating lease payables 2.47% 2.00% 2.39% 0.00% 0.06% 1.02% 0.90% 0.77% 0.54% 0.66% Derivative liability 0.05% 0.06% 0.00% 0.03% 0.07% 0.04% 0.05% 0.05% 0.06% 0.06% Provisions 0.04% 0.92% 0.72% 0.44% 0.49% 0.56% 0.64% 0.62% 0.63% 0.64% Deferred tax liabilities -net 0.70% 1.32% 3.08% 2.23% 1.83% 2.09% 2.33% 2.51% 2.53% 2.46% Total Noncurrent Liabilities 20.10% 22.56% 26.13% 35.60% 39.78% 17.95% 18.48% 18.27% 17.87% 17.81% TOTAL LIABILITIES 52.86% 52.57% 56.16% 71.53% 67.73% 59.35% 58.90% 62.50% 64.71% 59.97%
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Analytical Techniques
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS