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Solvency of the company(walmart)

What is the Solvency of the company(walmart) as measured by the below listed ratios? How has it changed over the last five years? How does it compare to its industry or its competitors?

Liquidity Ratios

Current Assets
Current Ratio = ---------------------------
Current Liabilities

Cash + Marketable Securities + Accounts Receivable
Quick Ratio =
------------------------------------------------------------------------
--------
Current Liabilities

Cash + Marketable Securities
Cash Ratio = ---------------------------------------------
Current Liabilities

Current Assets - Inventory
Acid Test Ratio = -----------------------------------------
Current Liabilities

Cash Flow from
Operations
Cash Flow from Operations Ratio =
-----------------------------------------
Current
Liabilities

Activity Ratios

Cost of Goods Sold
Inventory Turnover = ----------------------------------------
Average Inventory Balance

365 days
Average Inventory Period = -----------------------------
Inventory Turnover

Sales
Receivables Turnover =
---------------------------------------------------------
Average Accounts Receivable Balance

365 days
Average Collection Period = --------------------------------
Receivables Turnover

Solvency Ratios

Debt (exclude A/P & salaries)
Debt to Asset Ratio = ----------------------------------------------
Total Assets

Debt (exclude A/P & salaries)
Debt to Equity Ratio = ----------------------------------------------
Total Equity

Operating Income
Interest Coverage = ----------------------------
Financing Costs

Profitability Ratios

Gross Margin
Gross Margin Percentage = ------------------------ X 100%
Total Revenues

Operating Income
Operating Margin Percentage = --------------------------- X 100%
Total Revenues

Net Income
Net Income Percentage = --------------------------- X 100%
Total Revenues

Net Income
Earnings Per Share (EPS) = -------------------------------------------
Average Shares Outstanding

Market Price of Stock
Price Earnings Ratio = ----------------------------------
Earnings Per Share

Dividend
Dividend Payout = -----------------------------------
Market Price of Stock

Earnings After Tax - Preferred
Dividends
Return on Equity (ROE) =
---------------------------------------------------------------
Equity - Preferred
Stock

Solution Preview

What is the Solvency of the company(walmart) as measured by the below listed ratios? How has it changed over the last five years? How does it compare to its industry or its competitors?

Liquidity Ratios

Current Assets
Current Ratio = ---------------------------
Current Liabilities

Cash + Marketable Securities + Accounts Receivable
Quick Ratio =
------------------------------------------------------------------------
--------
Current Liabilities

Cash + Marketable Securities
Cash Ratio = ---------------------------------------------
Current Liabilities

Current Assets - Inventory
Acid Test Ratio = -----------------------------------------
Current Liabilities

Cash ...

Solution Summary

This provides the steps to calculate the Solvency of the company(walmart)

$2.19