Financial Analysis of Walmart

RUNNING HEAD: FINANCIAL MANAGEMENT 0
Financial Analysis of Walmart
Student Details: )
5/19/2018

FINANCIAL MANAGEMENT 1
TABLE OF CONTENTS
INTRODUCTION......................................................................................................................2
WALMART...........................................................................................................................2
INCOME STATEMENT........................................................................................................2
ANALYSIS OF INCOME STATEMENT.........................................................................3
BALANCE SHEET................................................................................................................4
ANALYSIS OF BALANCE SHEET.................................................................................4
FINANCIAL RATIOS...............................................................................................................5
AMORTIZATION SCHEDULE...............................................................................................6
REFERENCE LIST...................................................................................................................8

FINANCIAL MANAGEMENT 2
INTRODUCTION
WALMART
Walmart is an American multinational corporation operating supermarkets and
grocery stores. It started as a small, single store, selling more quantity products for low prices
and has grown over the last 50 years thus becoming the largest retailer in the world. It has
270 million customers and members who visit more than 11,700 stores in 28 countries each
week. Walmart hires around 2.3 million associates and had the revenue of $500.3 billion in
the year 2018 (Walmart, 2018).
This study further tells about the financial analysis of Walmart including the income
statements and balance sheet with all the essential ratios and findings from them.
INCOME STATEMENT
Period Ending: 1/31/2018 1/31/2017
Total Revenue $500,343,000 $485,873,000
Cost of Revenue $373,396,000 $361,256,000
Gross Profit $126,947,000 $124,617,000
Operating Expenses
Research and Development $0 $0
Sales, General and Admin. $106,510,000 $101,853,000
Non-Recurring Items $0 $0
Other Operating Items $0 $0
Operating Income $20,437,000 $22,764,000
Add'l income/expense items ($2,984,000) $100,000
Earnings before Interest and Tax $17,453,000 $22,864,000
Interest Expense $2,330,000 $2,367,000
Earnings before Tax $15,123,000 $20,497,000
Income Tax $4,600,000 $6,204,000
Minority Interest ($661,000) ($650,000)
Equity Earnins/Loss Unconsolidated Susbsidiary $0 $0
Net Income-Cont. Operations $9,862,000 $13,643,000
Net Income $9,862,000 $13,643,000
Net Income Applicable to Common Shareholders $9,862,000 $13,643,000
(Source: Nasdaq, 2018)