Monday, March 28, 2011

Financial Statement Comparison

Nike (In Millions):
Total Revenue:     19,014                  100%
Total Expenses:    17,136.8             89.7%
Net Income:         1,906.7                10.3 %

LINK: http://moneycentral.msn.com/investor/invsub/results/statemnt.aspx?symbol=nke

Under Armour (in millions)

Total Revenue:     1,063.9                100%
Total Expenses:     996                    93.6%
Net income:           67.9                   6.4%

LINK: http://www.dailyfinance.com/financials/under-armour-inc/ua/nys/income-statement
Nike is more efficient because their net income has a greater percentage and overall total than Under Armour.

 Nike (in thousands)
1) Total Assets: 14,464,000
2)Total Liabilities: 4,515,000
3) Total Equities: 9,949,000
http://finance.yahoo.com/q/bs?s=NKE
Under Armour (in thousands)
1) Total Assets: 675,378
2) Total Liabilities: 178,412
3) Total Equities: 496,966
http://finapps.forbes.com/finapps/jsp/finance/compinfo/FinancialIndustrial.jsp?tkr=ua&period=qtr
Under Armour is more efficient because the percentage of assets to liabilities is greater than Nike.

2 comments:

  1. Missing hyperlinks for both companies. Also, Under Armour's numbers cannot be correct. Revenue minus expense must equal net income. There must be some pieces that are missing.

    ReplyDelete
  2. Still missing hyperlinks. I want to be able to click on links - not copy/paste.

    ReplyDelete