Complete a Horizontal Analysis and provide information about the financial position and profitability of the company.
Dec-18 | 31-Dec-17 | |||
2018 | 2017 | Dollar change | % change | |
ASSETS | ||||
Current assets: | ||||
Cash and cash equivalents | $ 31,750.00 | $ 20,522.00 | $ 11,228.00 | 54.71% |
Marketable securities | $ 9,500.00 | $ 10,464.00 | $ (964.00) | -9.21% |
Inventories | $ 17,174.00 | $ 16,047.00 | $ 1,127.00 | 7.02% |
Accounts receivable, net and other | $ 16,677.00 | $ 13,164.00 | $ 3,513.00 | 26.69% |
Total current assets | $ 75,101.00 | $ 60,197.00 | $ 14,904.00 | 24.76% |
Property and equipment, net | $ 61,797.00 | $ 48,866.00 | $ 12,931.00 | 26.46% |
Goodwill | $ 14,548.00 | $ 13,350.00 | $ 1,198.00 | 8.97% |
Other assets | $ 11,202.00 | $ 8,897.00 | $ 2,305.00 | 25.91% |
Total assets | $ 162,648.00 | $ 131,310.00 | $ 31,338.00 | 23.87% |
LIABILITIES AND STOCKHOLDERS? EQUITY | ||||
Current liabilities: | ||||
Accounts payable | $ 38,192.00 | $ 34,616.00 | $ 3,576.00 | 10.33% |
Accrued expenses and other | $ 23,663.00 | $ 18,170.00 | $ 5,493.00 | 30.23% |
Unearned revenue | $ 6,536.00 | $ 5,097.00 | $ 1,439.00 | 28.23% |
Total current liabilities | $ 68,391.00 | $ 57,883.00 | $ 10,508.00 | 18.15% |
Long-term debt | $ 23,495.00 | $ 24,743.00 | $ (1,248.00) | -5.04% |
Other long-term liabilities | $ 27,213.00 | $ 20,975.00 | $ 6,238.00 | 29.74% |
Commitments and contingencies (Note 7) | ||||
Stockholders' equity: | ||||
Preferred stock, $0.01 par value: Authorized shares - 500 Issued and outstanding shares - none | ||||
Common stock, $0.01 par value: | ||||
Authorized shares - 5,000 Issued shares - 507 and 514 Outstanding shares - 484 and 491 | $ 5.00 | $ 5.00 | $ - | 0.00% |
Treasury stock, at cost | $ (1,837.00) | $ (1,837.00) | $ - | 0.00% |
Additional paid-in capital | $ 26,791.00 | $ 21,389.00 | $ 5,402.00 | 25.26% |
Accumulated other comprehensive loss | $ (1,035.00) | $ (484.00) | $ (551.00) | 113.84% |
Retained earnings | $ 19,625.00 | $ 8,636.00 | $ 10,989.00 | 127.25% |
Total stockholders? equity | $ 43,549.00 | $ 27,709.00 | $ 15,840.00 | 57.17% |
Total liabilities and stockholders? equity | $ 162,648.00 | $ 131,310.00 | $ 31,338.00 | 23.87% |
With the given data Financial position of the company has improved , its current ratio has improved. The company has reduced the long tem debt because this debt to equity ratio and long term debt to capital ratio are reduced. The profitability has also improved as compared to previous year. |
Complete a Horizontal Analysis and provide information about the financial position and profitability of the company.
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