Symbol HD LOW Independent Audit Firm KPMG LLP DELOITTE & TOUCHE LLP Year end date on Financial Statements 31-Jan-21 29-Jan-21 Current Market Price per Common Share $329.13 $228.97 Date 3/17/2022 3/17/2022 Financial Statement Internet sites: NASDAQ.COM NASDAQ.COM Current Year Balances Prior Year Balances ann. Report Current Year Balances Prior Year Balances ann. Report Balance Sheet Data (most Recent) 31-Jan-21 2-Feb-20 page #39 29-Jan-21 31-Jan-20 page #38 ($ in Millions) Cash 7895 2133 4690 716 Marketable Securities 0 0 706 532 Accounts Receivable 2992 2106 506 160 Inventory 16627 14531 16193 13179 Other Current Assets 963 1040 937 1263 Total Current Assets 28477 19810 22326 15318 Property, Plant, and Equipment 24705 22770 19155 18769 Other Long-term Assets 17339 8656 5254 5384 Total Assets 70581 51236 46735 39471 Accounts Payable 11606 7787 10884 7659 Other Current Liabilities 11560 10588 7846 7573 Total Current Liabilities 23116 18375 18730 15182 Long-term Liabilities 44116 35977 26568 22317 Total Liabilities 67282 54352 45298 37499 Common Stock and Paid-in Capital 11629 11090 366 381 Preferred Stock and Paid-In Capital Total Retained Earnings 58134 51729 1117 1727 Total Stockholders' Equity 3299 -3116 1437 1972 Total Liabilities and Equity 70581 51236 46735 39471 # of Common Shares Outstanding 1078 1097 750 778 Income Statement Data (most recent) ($ in Millions) Net Sales 132110 110225 89597 72148 Cost of Goods Sold 87257 72653 60025 49205 Gross Profit 44853 37572 29572 22943 Income from Operations 18278 15843 9647 6314 Interest Expense 1347 1201 848 691 Income Tax Expense -47 -73 -1060 0 Net Income 12866 11242 5835 4281 Earnings per Share 11.98 10.29 7.77 5.49 Cash Flow Statement (most recent) Cash flows from: Operating Activities 18839 13687 11049 4296 Investing Activities -10170 -2653 -1894 -1369 Financing Activities -2983 -10798 -5191 -2735 Common Dividends 1.65 1.5 0.6 0.55 Preferred Dividends Year-end Market Price per Share 282.6 235 173.7 119.76 can you find the liquidty for home depot and lowes.
Reporting Cash Flows
Reporting of cash flows means a statement of cash flow which is a financial statement. A cash flow statement is prepared by gathering all the data regarding inflows and outflows of a company. The cash flow statement includes cash inflows and outflows from various activities such as operating, financing, and investment. Reporting this statement is important because it is the main financial statement of the company.
Balance Sheet
A balance sheet is an integral part of the set of financial statements of an organization that reports the assets, liabilities, equity (shareholding) capital, other short and long-term debts, along with other related items. A balance sheet is one of the most critical measures of the financial performance and position of the company, and as the name suggests, the statement must balance the assets against the liabilities and equity. The assets are what the company owns, and the liabilities represent what the company owes. Equity represents the amount invested in the business, either by the promoters of the company or by external shareholders. The total assets must match total liabilities plus equity.
Financial Statements
Financial statements are written records of an organization which provide a true and real picture of business activities. It shows the financial position and the operating performance of the company. It is prepared at the end of every financial cycle. It includes three main components that are balance sheet, income statement and cash flow statement.
Owner's Capital
Before we begin to understand what Owner’s capital is and what Equity financing is to an organization, it is important to understand some basic accounting terminologies. A double-entry bookkeeping system Normal account balances are those which are expected to have either a debit balance or a credit balance, depending on the nature of the account. An asset account will have a debit balance as normal balance because an asset is a debit account. Similarly, a liability account will have the normal balance as a credit balance because it is amount owed, representing a credit account. Equity is also said to have a credit balance as its normal balance. However, sometimes the normal balances may be reversed, often due to incorrect journal or posting entries or other accounting/ clerical errors.
| Data Sheet/Analysis | ||||||||||
| Company #1 | Company #2 | |||||||||
| Company Name | Home Depot Inc | Lowe's Companies Inc | ||||||||
| Stock Ticker Symbol | HD | LOW | ||||||||
| Independent Audit Firm | KPMG LLP | DELOITTE & TOUCHE LLP | ||||||||
| Year end date on Financial Statements | 31-Jan-21 | 29-Jan-21 | ||||||||
| Current Market Price per Common Share | $329.13 | $228.97 | ||||||||
| Date | 3/17/2022 | 3/17/2022 | ||||||||
| Financial Statement Internet sites: | NASDAQ.COM | NASDAQ.COM | ||||||||
| Current Year Balances | Prior Year Balances | ann. Report | Current Year Balances | Prior Year Balances | ann. Report | |||||
| Balance Sheet Data (most Recent) | 31-Jan-21 | 2-Feb-20 | page #39 | 29-Jan-21 | 31-Jan-20 | page #38 | ||||
| ($ in Millions) | ||||||||||
| Cash | 7895 | 2133 | 4690 | 716 | ||||||
| Marketable Securities | 0 | 0 | 706 | 532 | ||||||
| 2992 | 2106 | 506 | 160 | |||||||
| Inventory | 16627 | 14531 | 16193 | 13179 | ||||||
| Other Current Assets | 963 | 1040 | 937 | 1263 | ||||||
| Total Current Assets | 28477 | 19810 | 22326 | 15318 | ||||||
| Property, Plant, and Equipment | 24705 | 22770 | 19155 | 18769 | ||||||
| Other Long-term Assets | 17339 | 8656 | 5254 | 5384 | ||||||
| Total Assets | 70581 | 51236 | 46735 | 39471 | ||||||
| Accounts Payable | 11606 | 7787 | 10884 | 7659 | ||||||
| Other Current Liabilities | 11560 | 10588 | 7846 | 7573 | ||||||
| Total Current Liabilities | 23116 | 18375 | 18730 | 15182 | ||||||
| Long-term Liabilities | 44116 | 35977 | 26568 | 22317 | ||||||
| Total Liabilities | 67282 | 54352 | 45298 | 37499 | ||||||
| Common Stock and Paid-in Capital | 11629 | 11090 | 366 | 381 | ||||||
| Total |
58134 | 51729 | 1117 | 1727 | ||||||
| Total |
3299 | -3116 | 1437 | 1972 | ||||||
| Total Liabilities and Equity | 70581 | 51236 | 46735 | 39471 | ||||||
| # of Common Shares Outstanding | 1078 | 1097 | 750 | 778 | ||||||
| Income Statement Data (most recent) | ||||||||||
| ($ in Millions) | ||||||||||
| Net Sales | 132110 | 110225 | 89597 | 72148 | ||||||
| Cost of Goods Sold | 87257 | 72653 | 60025 | 49205 | ||||||
| Gross Profit | 44853 | 37572 | 29572 | 22943 | ||||||
| Income from Operations | 18278 | 15843 | 9647 | 6314 | ||||||
| Interest Expense | 1347 | 1201 | 848 | 691 | ||||||
| Income Tax Expense | -47 | -73 | -1060 | 0 | ||||||
| Net Income | 12866 | 11242 | 5835 | 4281 | ||||||
| Earnings per Share | 11.98 | 10.29 | 7.77 | 5.49 | ||||||
| Cash Flow Statement (most recent) | ||||||||||
| Operating Activities | 18839 | 13687 | 11049 | 4296 | ||||||
| Investing Activities | -10170 | -2653 | -1894 | -1369 | ||||||
| Financing Activities | -2983 | -10798 | -5191 | -2735 | ||||||
| Common Dividends | 1.65 | 1.5 | 0.6 | 0.55 | ||||||
| Preferred Dividends | ||||||||||
| Year-end Market Price per Share | 282.6 | 235 | 173.7 | 119.76 | ||||||
can you find the liquidty for home depot and lowes.
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