ipl-logo

Home Depot Financial Statement

661 Words3 Pages

Executive Summary The Home Depot, Inc. Business Description The Home Depot, Inc. is the world’s largest home improvement and construction products and services retailer. It operates in all 50 states with over 2,200 locations. The company serves three primary customer groups: home owners, contractors, and professional customers. The Home Depot stores, which are warehouse-style stores, sell a wide range of building materials, home improvement, and lawn and garden products. The stores also have a number of services and programs to help customers. Financial Position For the 2013 fiscal year, The Home Depot, Inc. reported $78.8 billion in revenue, up 4% year over year. Net-income grew from $4.5B to $5.4B due to reducing the percentage of sales dedicated to selling, general, and administrative costs from 22.1% to 21.1%. The decrease in selling, general, and administrative costs as a percent of sales shows expense controls and expense leverage. …show more content…

reported $15.3 billion in current assets down from $15.4 for fiscal year 2012; total assets decreased by $500 million. However, current liabilities decreased to $10.7 billion compared with $11.5 billion the year prior. Yet, total liabilities increased to $30.0 billion from $23.3 billion due to an increase of long-term debt from $9.5 billion to $14.2 billion. Cash flow from operating activities increased to $7.6 billion from $7.0 billion due to an increase in net-income while controlling expenses. Cash used in investing activities increased to $1.5 billion from $1.4 billion because capital expenditures increased by $77 million. Cash used in financing activities was reported as $6.7 billion, an increase of $1.7 billion from year prior. This increase was primary due to share repurchases and dividends paid to shareholders.

Show More
Related
1570 Words | 7 Pages

In fiscal 2017, the company’s net revenue increased by 10% over the past five years to $65.0 billion because of an increase in comparable sales due to higher sales per customer as well as its net income that raised 21% to $3.1 billion. Its stores sell around 37,000 products, its main source of revenue comes from lumber and building materials, which account for 15% of sales. 50% of total sales combined accounted for different product lines such as tools and hardware, appliances, fashion fixture, electrical, and garden sales. In terms of the rest of their earnings, it comes from seasonal sales. Lowe’s owns and operates 15 highly automated regional distribution

Read More
451 Words | 2 Pages

Lowes vs. Home Depot Home Depot and Lowes compete in the same home improvement industry strategic group. The Home Depot is implementing a low-cost provider strategy but focuses on serving the do-it yourself consumer buyer. Home Depot is also developing more in the international markets. Lowe’s customer focus is on the professional, the do-it-yourself consumer, and the do-it-for-me consumer. In some cases, Lowe’s is on the cutting edge of market trends with Home Depot employing a follower strategy also implementing a low-cost provider strategy.

Read More
688 Words | 3 Pages

Ulta Beauty, Incorporated was founded in 1990 as a beauty retailer by Richard George, a former Osco drug Inc. president. In 1990, it was difficult for a consumer to purchase beauty products without shopping at various retail locations. Comparatively, Ulta Beauty offered a concept of All Things Beauty, All in One Place™. It is currently the largest retailer in the United States offering 200,000 products from 500 beauty brands through brick and mortar stores and e-commerce. The company offers fragrances, hair care products, skin care products, full service salons, and cosmetics.

Read More
139 Words | 1 Pages

Lowe 's has taken on large amounts of debt in the years leading up to April 2016. For the fiscal year ended January 2016, Lowe 's held $11.5 billion in long-term debt and $1.06 billion of current maturities of long-term debt. The majority of Lowe 's long-term debt is included of unsecured notes with interest rates ranging from 3.13% to 6.76% and maturity dates ranging from fiscal 2020 to 2045. Rising debt liabilities have complemented increasing financial leverage as Lowe 's has relied more on debt financing among low interest rates. The company 's debt-to-total-capital ratio was 0.62 in January 2016 which is bigger than 0.53 in 2015 and 0.47 in 2014.

Read More
1511 Words | 7 Pages

“Today, Home Depot is the world’s largest domestic improvement retailer with almost 400,000 orange-blooded associates and it operates via approximately 2,278 stores, such as 1,977 inside the U.S.A., inclusive of the Commonwealth of Puerto Rico, the US Virgin Islands, Guam; 182 in Canada; and 119 in Mexico. “Home Depot,

Read More
871 Words | 4 Pages

An income statement reflects the details of revenue and expenses over a defined period of time that’s prepared and adjusted on a monthly basis (Todd & Macy, 2016). Nordstrom’s list the Income Statement as a Consolidated Statement of Earnings that visually reflects three distinct years of revenue and expenses that can be compared. Admittingly, having previous years listed was helpful when comparing numbers from 2014 through 2016. When comparing each year, the numbers demonstrate that they had a 2.2% increase in sales in 2016 compared to 2015, and a 9.3% increase to 2014.

Read More
703 Words | 3 Pages

The balance for Dollar Tree debt to asset was 0.80. It is really about the same debt to asset ratio as last year. The balance on the debt to asset was 0.85 last year. Inventory Turnover Ratio 14324.5/2875.65=4.98

Read More
444 Words | 2 Pages

Home Depot is a multi-million dollar industry, with over 2,000 stores around the world. They supply contractors with tools and products to build a house or supply Do-It-Yourselfers with home and business improvements. But with all the good Home Depot has done, they have their faults too. Home Depot has faced job cuts, ethical violations and the mistreatment of their customers. When a person hears job cuts, they assume that the reason for the job cuts is downsizing.

Read More
654 Words | 3 Pages

Introduction Costco Wholesale Corporation better known as Costco operates an international chain of membership warehouses. Costco prides itself on carrying the top brand names products at a greatly lower price than you would find at retail stores or wholesalers. Each Costco warehouse carries no more than 4,000 products that include but are not limited to: groceries, appliances, toys, sporting goods, books, electronics, apparel, furniture, beauty supplies and jewelry. Before we can begin to analyze Costco we must first understand its history.

Read More
145 Words | 1 Pages

Home Depot and Lowe’s are clearly much ahead of their peers with acquiring more than one-third of the retail, building and supply industry sales. As of 2001, Home Depot’s market share in this industry was 22.9%, whereas Lowe’s was at 10.8%. Both companies are expanding quickly through acquisitions and by opening new stores. They are forcing independent hardware & supplies stores to adopt new methods to stay competitive with these big warehouse stores.

Read More
1016 Words | 5 Pages

Its cash from operation for the quarter increased 11% and for the year 17% year-on-year basis. This strong growth for its operating cash flow has come in spite of CNI’s payment to net interest of approximately $119 million for the quarter and $439 for the year. In consequence of this strong operating cash flow, the company generated free cash flow of C$632 million for the quarter and approximately C$2.3 billion for the full year, up notably from the prior year periods as shown in the table

Read More
1386 Words | 6 Pages

It is known that Home Depot is the world's largest home improvement specialty retailer, with 2,263 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and

Read More
812 Words | 4 Pages

To: Richard Sullivan From: Team Odyssey Date: 15 January 1992 Subject: Detroit Plant- Heavy Equipment Division Wriston Manufacturing Corporation is loosing sales from last three years. This has put pressure on its HED to perform well. With nine plants on stream and tenth under construction, the management is scrutinizing the company’s investment proposals for these plants very carefully.

Read More
974 Words | 4 Pages

In the recent times we have seen a wild frenzy towards the digital paradigm with numerous enterprises embarking on the journey to become digital businesses. In a radical shift businesses are moving beyond their traditional models and creating digital ecosystems where the boundaries between businesses, customers and intelligent devices are blurred creating hyper value for the whole network. The change is being brought by the unprecedented consumer expectations and businesses being run in entirely novel ways. For example- Home Depot is redefining the connected home space by aiming to shape the way people live through intelligent devices & touch points.

Read More
473 Words | 2 Pages

Besides, the main revenue the company earned from two year is from dividends and distribution, which can easily be understand by the company structure that is long-term investment company and mainly focus on the investor. Although the company has fewerdividends, the interest and other revenue is higher compared with previous year; therefore, the company increases their total revenue 7.89% compared with base year.

Read More

More about Home Depot Financial Statement

Open Document