Cervantes 1
Edgar Cervantes
BUSN-534 Accounting for Managers
Michaelia Black
August 25th, 2020
Financial Statement Analysis: Walmart and Amazon
This study source was downloaded by 100000806758261 from CourseHero.com on 04-21-2022 11:37:08 GMT -05:00
https://www.coursehero.com/file/67277696/Financial-Statement-Analysis-Walmart-and-Amazondocx/
, Cervantes 2
1. Websites used:
a. https://www.morningstar.com/stocks/xswx/amzn/financials
b. https://www.investing.com/equities/amazon-com-inc-ratios
c. https://www.investing.com/equities/wal-mart-stores
d. https://www.morningstar.com/stocks/xnys/wmt/quote
e. https://www.marketwatch.com/investing/stock/amzn/profile
f. Amazon’s 2019 Annual Report
g. Walmart’s 2020 Annual Report
2. 3 interesting ratios from each company:
a. Price-to-Earnings Ratio: This ratio indicates the amount of dollars an investor
needs to invest in a company in order to get $1 of that company’s earnings.
i. Amazon: $121 (investing.com)
ii. Walmart: $25.22 (investing.com)
b. Debt-to-equity Ratio: This ratio measures the degree to which a company finances
their operations using debt vs owned funds.
i. Amazon: 1.02 (December 2019, Morningstar.com)
ii. Walmart: 0.86 (January 2020, Morningstar.com)
c. Current Ratio: this is a liquidity ratio that measures a company’s ability to pay
their short term debt (debt due within 1 year).
i. Amazon: 1.09 (December 2019, Morningstar.com)
ii. Walmart: 0.79 (January 2020, Morningstar.com)
3. Calculations using financial statements:
a. Price-to-Earnings Ratio: Formula = market value per share/earning per share
This study source was downloaded by 100000806758261 from CourseHero.com on 04-21-2022 11:37:08 GMT -05:00
https://www.coursehero.com/file/67277696/Financial-Statement-Analysis-Walmart-and-Amazondocx/
Edgar Cervantes
BUSN-534 Accounting for Managers
Michaelia Black
August 25th, 2020
Financial Statement Analysis: Walmart and Amazon
This study source was downloaded by 100000806758261 from CourseHero.com on 04-21-2022 11:37:08 GMT -05:00
https://www.coursehero.com/file/67277696/Financial-Statement-Analysis-Walmart-and-Amazondocx/
, Cervantes 2
1. Websites used:
a. https://www.morningstar.com/stocks/xswx/amzn/financials
b. https://www.investing.com/equities/amazon-com-inc-ratios
c. https://www.investing.com/equities/wal-mart-stores
d. https://www.morningstar.com/stocks/xnys/wmt/quote
e. https://www.marketwatch.com/investing/stock/amzn/profile
f. Amazon’s 2019 Annual Report
g. Walmart’s 2020 Annual Report
2. 3 interesting ratios from each company:
a. Price-to-Earnings Ratio: This ratio indicates the amount of dollars an investor
needs to invest in a company in order to get $1 of that company’s earnings.
i. Amazon: $121 (investing.com)
ii. Walmart: $25.22 (investing.com)
b. Debt-to-equity Ratio: This ratio measures the degree to which a company finances
their operations using debt vs owned funds.
i. Amazon: 1.02 (December 2019, Morningstar.com)
ii. Walmart: 0.86 (January 2020, Morningstar.com)
c. Current Ratio: this is a liquidity ratio that measures a company’s ability to pay
their short term debt (debt due within 1 year).
i. Amazon: 1.09 (December 2019, Morningstar.com)
ii. Walmart: 0.79 (January 2020, Morningstar.com)
3. Calculations using financial statements:
a. Price-to-Earnings Ratio: Formula = market value per share/earning per share
This study source was downloaded by 100000806758261 from CourseHero.com on 04-21-2022 11:37:08 GMT -05:00
https://www.coursehero.com/file/67277696/Financial-Statement-Analysis-Walmart-and-Amazondocx/
