Wal-Mart 2013 Sec 10-K Annual Reports Analysis Project

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year, there are many similarities between the income statement and the balance sheet. There was a slightly noticeable decrease and increase from 2013 to 2014, especially within the current assets and total assets. There was about a $1,245,000 increase in current assets and about a $1,646,000 increase in total assets. Total liabilities and total stockholders’ equity also seemed to decrease. There was also a decrease in accounts payable, which means that Wal-Mart has been paying off their debts giving them less to pay in the future.

Looking at the current ratio of more than 88% Wal-Mart has assets available to more than cover 88% of their current liabilities. This is similar to a person who has cash or liquid assets available to pay 88% of all current debts.

Wal-Mart Stores Inc.

Vertical Analysis of Balance Sheet

1/21/2014

2013 % 1/31/2103

2013 %

Cash and cash equivalent 7,281,000 3.56% 7,781,000 3.83%

Receivable (Net) 6,677,000 3.26% 6,768,000 3.33%

Inventories 44,858,000 21.89% 43,803,000 21.57%

Other current asset 2,369,000 1.16% 1,588,000 0.78%

Total Current asset 61,185,000 29.89% 59,940,000 29.5%

Total current Liability 69,345,000 33.87% 71,818,000 35.36%

Total equity 76,255,000 37.24% 76,343,000 37.59%

Wal-Mart Stores Inc.

Ratio Analysis of the Balance sheet

31-Jan-14 Calculated by

Current ratio 88% Current asset

current liabilities

Quick ration 23.5% Current asset-Inventors

current liabilities

Debt to equity ratio 62.76% Total liabilities to stockholders equity

Stockholder’s Equity:

Their common stock slightly decrease from 332,million in 2013 to 323, million in 2014 while their retained earnings increase from 72,978,million to 76, 566 million.

Statement of Cash Flows:

Looking at the fiscal year ended Jan 31, 2014 and 2013 cash flows statement , we see that change in cash equivalent is calculated to be 7, 281 million(2014), and 7,781 million in 2013; (93%) change . The change drove from spending more cash to develop new product, buy back stock, pay dividends, and reduce debt.

Conclusion

Their dividend increases by 18.2 % or 0.29 per share, over last year’s dividend of $1.59 per share. Wal-Mart’s Gross Profit also increased by 1.61%. When you see the past two and so years Wal-Mart is increasing from year to year in many categories across from Net Sales to Dividends per Share. This is a very good thing because it shows that they are growing and expanding financially each year which is exactly what you want when you are running a business.

Works cited

http://news.walmart.com/walmart-facts

http://www.sec.gov/Archives/edgar/data/1288776/000119312512025336/d260164d10k.htm

Statement of cash flow page 56

Income statement page 52

Balance sheet page 51

Statement of stockholder equity page 54

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