|
Who could have thought that home improvement was going to reach such cruel future. But it seems it has already reached the lows.
Home Depot, Inc. isn't the right place to invest your money. The latest balance sheet shows a vary gloomy future, or no future at all. The company does not have enough money to pay all the bills (look at the balance sheet - I marked them for you in red). Besides, this company is a way too much overvalued in the market. Negative sign for investors. Be careful and don't get hooked.
Balance Sheet
2 November 2008
(in thousands)
ASSETS
CURRENT ASSETS
Cash And Cash Equivalents 864,000
Short Term Investments 10,000
Net Receivables 1,490,000
Inventory 11,869,000
Other Current Assets 1,374,000
Total Current Assets 15,607,000
Long Term Investments 37,000
Property Plant and Equipment 26,782,000
Goodwill 1,175,000
Intangible Assets -
Accumulated Amortization -
Other Assets 561,000
Deferred Long Term Asset Charge -
Total Assets 44,162,000
LIABILITIES
CURRENT LIABILITIES
Accounts Payable 10,602,000
Short/Current Long Term Debt 1,016,000
Other Current Liabilities 1,263,000
Total Current Liabilities 12,881,000
Long Term Debt 10,353,000
Other Liabilities 1,978,000
Deferred Long Term Liability Charges 554,000
Minority Interest -
Negative Goodwill -
Total Liabilities 25,766,000
Misc Stocks Options Warrants -
Redeemable Preferred Stock -
Preferred Stock -
Common Stock 85,000
Retained Earnings 12,518,000
Treasury Stock -372,000
Capital Surplus 5,988,000
Other Stockholder Equity 177,000
Total Stockholder Equity 18,396,000
Net Tangible Assets 17,221,000
Only negative signs are shown for investors. Be careful and don't get hooked.
|
Register
Profile
Log in to check your private messages
Log in
