Asset Structure Analysis BlackRock’ s total assets were $123.2 billion as of December 31, 2023, up from $117.6 billion as of December 31, 2022. Cash and cash equivalents were $8.7 billion as of December 31, 2023, accounting for 7% of total assets. Accounts receivable were $3.9 billion as of December 31, 2023, making up 3.2%…
Month: August 2024
Tapestry(TPR) 2024 Financial Analysis and Stock Valuation
Introduction Tapestry, Inc. has three reportable segments: •Coach – Coach is a global fashion house of accessories and lifestyle collections, founded in New York City in 1941. Inspired by the vision of Expressive Luxury and the inclusive and courageous spirit of its hometown, the brand makes beautiful things, crafted to last – for you to…
Medtronic(MDT)’s Valuation Bubble? Market Price Soars to $114.6 Billion, But True Value Only $70 Billion!
Introduction Medtronic plc, headquartered in Dublin, Ireland, is the leading global healthcare technology company. Medtronic was founded in 1949 and today serves healthcare systems, physicians, clinicians, and patients in more than 150 countries worldwide. We remain committed to a mission written by our founder in 1960 that directs us “to contribute to human welfare by…
Franklin Resources(BEN) 2023 Financial Analysis
Introduction Franklin Resources, Inc. is a global investment management organization with approximately $1.4 trillion in assets under management (“AUM”) as of September 30, 2023. Our mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through our specialist investment managers, we offer specialization on a global scale bringing…
Chipotle Mexican Grill(CMG) 2023 Financial Analysis and Stock Valuation
Introduction Chipotle Mexican Grill, Inc., a Delaware corporation, together with its subsidiaries owns and operates Chipotle Mexican Grill restaurants, which feature a relevant menu of burritos, burrito bowls (a burrito without the tortilla), quesadillas, tacos, and salads. We strive to cultivate a better world by serving responsibly sourced, classically cooked, real food with wholesome ingredients…
Airbnb’ s share price has decreased from $170.10 at its 52-week high to $117.38.
Airbnb’ s share price has decreased from $170.10 at its 52-week high to $117.38. Is there a buying opportunity ? Let’s look at Airbnb’ s balance sheets. Airbnb’ s total assets were $26.3 billion as of June 30, 2024, up from $20.6 billion as of December 31, 2023. Total current assets were $22.3 billion as…
On Semiconductor(ON) 2023 Financial Analysis and Stock Valuation
Introduction On Semiconductor Corporation provides intelligent power and intelligent sensing solutions with a primary focus towards automotive and industrial markets to help our customers solve challenging problems and create cutting-edge products for a better future. Our intelligent power technologies enable the electrification of the automotive industry that allows for lighter and longer-range electric vehicles, empowers…
Caterpillar(CAT)’s 2023 Financial Analysis and Stock Valuation
Introduction With 2023 sales and revenues of $67.060 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and also provides financing…
Analog Devices(ADI) 2023 Financial Analysis and Stock Valuation
Introduction Analog Devices, Inc. is a global semiconductor leader dedicated to solving our customers’ most complex engineering challenges. We deliver innovations that connect technology to human breakthroughs and play a critical role at the intersection of the physical and digital worlds by providing the building blocks to sense, measure, interpret, connect and power. We design,…
AES 2023 Financial Statement Analysis
Introduction AES remains an industry leader in developing and operating the innovative solutions that enable the transition to zero and low-carbon sources of energy. We continue to see an enormous opportunity from the once-in-a-lifetime transformation of the electricity sector driven by decarbonization, electrification, and digitalization. Asset Structure Analysis AES’ total assets were $44.8 billion…