By Helgi Library - October 12, 2020
Alphabet's total assets reached USD 275,909 mil at the end of 4Q2019, up 18.5% compared to the previous year. Curr...
By Helgi Library - October 12, 2020
Alphabet's total assets reached USD 275,909 mil at the end of 4Q2019, up 18.5% compared to the previous year. Curr...
By Helgi Library - April 2, 2020
Alphabet's total assets reached USD 275,909 mil at the end of 2019, up 18.5% compared to the previous year. Curren...
| Profit Statement | 2017 | 2018 | 2019 | |
| Sales | USD mil | 110,855 | 136,819 | 161,857 |
| Gross Profit | USD mil | 65,272 | 77,270 | 89,961 |
| EBITDA | USD mil | 35,797 | 42,833 | 49,529 |
| EBIT | USD mil | 28,882 | 33,798 | 35,928 |
| Financing Cost | USD mil | -1,203 | -1,764 | -2,327 |
| Pre-Tax Profit | USD mil | 27,193 | 34,913 | 39,625 |
| Net Profit | USD mil | 12,662 | 30,736 | 34,343 |
| Dividends | USD mil | 0 | 0 | 0 |
| Balance Sheet | 2017 | 2018 | 2019 | |
| Total Assets | USD mil | 197,295 | 232,792 | 275,909 |
| Non-Current Assets | USD mil | 72,987 | 97,116 | 123,331 |
| Current Assets | USD mil | 124,308 | 135,676 | 152,578 |
| Working Capital | USD mil | 15,948 | 17,567 | 20,764 |
| Shareholders' Equity | USD mil | 152,502 | 177,628 | 201,442 |
| Liabilities | USD mil | 44,793 | 55,164 | 74,467 |
| Total Debt | USD mil | 3,969 | 4,012 | 15,967 |
| Net Debt | USD mil | -97,902 | -105,128 | -103,708 |
| Ratios | 2017 | 2018 | 2019 | |
| ROE | % | 8.69 | 18.6 | 18.1 |
| ROCE | % | 15.5 | 30.2 | 26.5 |
| Gross Margin | % | 58.9 | 56.5 | 55.6 |
| EBITDA Margin | % | 32.3 | 31.3 | 30.6 |
| EBIT Margin | % | 26.1 | 24.7 | 22.2 |
| Net Margin | % | 11.4 | 22.5 | 21.2 |
| Net Debt/EBITDA | -2.73 | -2.45 | -2.09 | |
| Net Debt/Equity | % | -0.642 | -0.592 | -0.515 |
| Cost of Financing | % | -30.4 | -44.2 | -23.3 |
| Valuation | 2017 | 2018 | 2019 | |
| Market Capitalisation | USD mil | 729,275 | 723,341 | 921,949 |
| Enterprise Value (EV) | USD mil | 631,373 | 618,213 | 818,241 |
| Number Of Shares | mil | 751 | 750 | 745 |
| Share Price | USD | 971 | 964 | 1,237 |
| EV/EBITDA | 17.6 | 14.4 | 16.5 | |
| EV/Sales | 5.70 | 4.52 | 5.06 | |
| Price/Earnings (P/E) | 57.6 | 23.5 | 26.8 | |
| Price/Book Value (P/BV) | 4.78 | 4.07 | 4.58 | |
| Dividend Yield | % | 0 | 0 | 0 |
Get all company financials in excel:
| summary | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | ||||||||||||||||||||||
| Sales | USD mil | 55,519 | 66,001 | 74,989 | 90,272 | 110,855 | ||||||||||||||||
| Gross Profit | USD mil | 33,565 | 40,688 | 46,825 | 55,134 | 65,272 | ||||||||||||||||
| EBIT | USD mil | 15,544 | 16,877 | 19,360 | 23,716 | 28,882 | ||||||||||||||||
| Net Profit | USD mil | 12,733 | 14,136 | 16,348 | 19,478 | 12,662 | ||||||||||||||||
| ROE | % | ... | ... | ... | 16.0 | 14.8 | 14.6 | 15.0 | 8.69 | |||||||||||||
| EBIT Margin | % | 28.0 | 25.6 | 25.8 | 26.3 | 26.1 | ||||||||||||||||
| Net Margin | % | 22.9 | 21.4 | 21.8 | 21.6 | 11.4 | ||||||||||||||||
| balance sheet | ||||||||||||||||||||||
| Total Assets | USD mil | ... | ... | ... | 110,920 | 129,187 | 147,461 | 167,497 | 197,295 | |||||||||||||
| Non-Current Assets | USD mil | ... | ... | ... | 38,034 | 50,531 | 57,347 | 62,089 | 72,987 | |||||||||||||
| Current Assets | USD mil | ... | ... | ... | 72,886 | 78,656 | 90,114 | 105,408 | 124,308 | |||||||||||||
| Shareholders' Equity | USD mil | ... | ... | ... | 87,309 | 103,860 | 120,331 | 139,036 | 152,502 | |||||||||||||
| Liabilities | USD mil | ... | ... | ... | 23,611 | 25,327 | 27,130 | 28,461 | 44,793 | |||||||||||||
| Non-Current Liabilities | USD mil | ... | ... | ... | 7,703 | 8,548 | 7,820 | 11,705 | 20,610 | |||||||||||||
| Current Liabilities | USD mil | ... | ... | ... | 15,908 | 16,779 | 19,310 | 16,756 | 24,183 | |||||||||||||
| Net Debt/EBITDA | ... | ... | ... | -2.74 | -2.71 | -2.78 | -2.76 | -2.73 | ||||||||||||||
| Net Debt/Equity | % | ... | ... | ... | -0.612 | -0.570 | -0.564 | -0.593 | -0.642 | |||||||||||||
| Cost of Financing | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | -12.7 | -12.3 | -17.1 | -23.9 | -30.4 | |||||||
| cash flow | ||||||||||||||||||||||
| Total Cash From Operations | USD mil | ... | ... | 18,659 | 22,376 | 26,572 | 36,036 | 37,091 | ||||||||||||||
| Total Cash From Investing | USD mil | ... | ... | -13,679 | -21,055 | -23,711 | -31,165 | -31,401 | ||||||||||||||
| Total Cash From Financing | USD mil | ... | ... | -857 | -1,439 | -4,225 | -8,332 | -8,298 | ||||||||||||||
| Net Change In Cash | USD mil | ... | ... | 4,123 | -118 | -1,364 | -3,461 | -2,608 | ||||||||||||||
| valuation | ||||||||||||||||||||||
| Market Capitalisation | USD mil | 376,371 | 359,377 | 527,687 | 540,170 | 729,275 | ||||||||||||||||
| Number Of Shares | mil | 737 | 742 | 745 | 748 | 751 | ||||||||||||||||
| Share Price | USD | 511 | 484 | 709 | 723 | 971 | ||||||||||||||||
| Earnings Per Share (EPS) | USD | 17.3 | 19.1 | 22.0 | 26.1 | 16.9 | ||||||||||||||||
| Book Value Per Share | USD | ... | ... | ... | 118 | 140 | 162 | 186 | 203 | |||||||||||||
| Dividend Per Share | USD | ... | ... | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
| Price/Earnings (P/E) | 29.6 | 25.4 | 32.3 | 27.7 | 57.6 | |||||||||||||||||
| Price/Book Value (P/BV) | ... | ... | ... | 4.31 | 3.46 | 4.39 | 3.89 | 4.78 | ||||||||||||||
| Dividend Yield | % | ... | ... | ... | ... | ... | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Earnings Per Share Growth | % | ... | 6.95 | 10.3 | 15.2 | 18.7 | -35.3 | |||||||||||||||
| Book Value Per Share Growth | % | ... | ... | ... | ... | 9.79 | 18.1 | 15.4 | 15.1 | 9.22 |
| income statement | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | ||||||||||||||||||||||
| Sales | USD mil | 55,519 | 66,001 | 74,989 | 90,272 | 110,855 | ||||||||||||||||
| Cost of Goods & Services | USD mil | 21,954 | 25,313 | 28,164 | 35,138 | 45,583 | ||||||||||||||||
| Gross Profit | USD mil | 33,565 | 40,688 | 46,825 | 55,134 | 65,272 | ||||||||||||||||
| EBITDA | USD mil | 19,483 | 21,856 | 24,423 | 29,860 | 35,797 | ||||||||||||||||
| Depreciation | USD mil | 2,781 | 3,523 | 4,132 | 5,267 | 6,103 | ||||||||||||||||
| EBIT | USD mil | 15,544 | 16,877 | 19,360 | 23,716 | 28,882 | ||||||||||||||||
| Financing Cost | USD mil | ... | ... | -685 | -645 | -895 | -1,096 | -1,203 | ||||||||||||||
| Extraordinary Cost | USD mil | ... | ... | 330 | 263 | 604 | 662 | 2,892 | ||||||||||||||
| Pre-Tax Profit | USD mil | 15,899 | 17,259 | 19,651 | 24,150 | 27,193 | ||||||||||||||||
| Tax | USD mil | 2,739 | 3,639 | 3,303 | 4,672 | 14,531 | ||||||||||||||||
| Minorities | USD mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
| Net Profit | USD mil | 12,733 | 14,136 | 16,348 | 19,478 | 12,662 | ||||||||||||||||
| Dividends | USD mil | ... | ... | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
| growth rates | ||||||||||||||||||||||
| Total Revenue Growth | % | ... | 20.6 | 18.9 | 13.6 | 20.4 | 22.8 | |||||||||||||||
| EBITDA Growth | % | ... | 16.0 | 12.2 | 11.7 | 22.3 | 19.9 | |||||||||||||||
| EBIT Growth | % | ... | 12.4 | 8.58 | 14.7 | 22.5 | 21.8 | |||||||||||||||
| Pre-Tax Profit Growth | % | ... | 9.88 | 8.55 | 13.9 | 22.9 | 12.6 | |||||||||||||||
| Net Profit Growth | % | ... | 18.6 | 11.0 | 15.6 | 19.1 | -35.0 | |||||||||||||||
| ratios | ||||||||||||||||||||||
| ROE | % | ... | ... | ... | 16.0 | 14.8 | 14.6 | 15.0 | 8.69 | |||||||||||||
| ROCE | % | ... | ... | ... | ... | 30.1 | 27.4 | 26.0 | 27.5 | 15.5 | ||||||||||||
| Gross Margin | % | 60.5 | 61.6 | 62.4 | 61.1 | 58.9 | ||||||||||||||||
| EBITDA Margin | % | 35.1 | 33.1 | 32.6 | 33.1 | 32.3 | ||||||||||||||||
| EBIT Margin | % | 28.0 | 25.6 | 25.8 | 26.3 | 26.1 | ||||||||||||||||
| Net Margin | % | 22.9 | 21.4 | 21.8 | 21.6 | 11.4 | ||||||||||||||||
| Payout Ratio | % | ... | ... | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
| Cost of Financing | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | -12.7 | -12.3 | -17.1 | -23.9 | -30.4 | |||||||
| Net Debt/EBITDA | ... | ... | ... | -2.74 | -2.71 | -2.78 | -2.76 | -2.73 |
| balance sheet | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| balance sheet | ||||||||||||||||||||||
| Non-Current Assets | USD mil | ... | ... | ... | 38,034 | 50,531 | 57,347 | 62,089 | 72,987 | |||||||||||||
| Property, Plant & Equipment | USD mil | ... | ... | ... | 16,524 | 23,883 | 29,016 | 34,234 | 42,383 | |||||||||||||
| Intangible Assets | USD mil | ... | ... | ... | 17,558 | 20,206 | 19,716 | 19,775 | 19,439 | |||||||||||||
| Goodwill | USD mil | ... | ... | ... | ... | 11,492 | 15,599 | 15,869 | 16,468 | 16,747 | ||||||||||||
| Current Assets | USD mil | ... | ... | ... | 72,886 | 78,656 | 90,114 | 105,408 | 124,308 | |||||||||||||
| Inventories | USD mil | ... | ... | ... | 426 | 0 | 491 | 268 | 749 | |||||||||||||
| Receivables | USD mil | ... | ... | ... | 8,882 | 9,383 | 11,556 | 14,137 | 18,336 | |||||||||||||
| Cash & Cash Equivalents | USD mil | ... | ... | ... | 58,717 | 64,395 | 73,066 | 86,333 | 101,871 | |||||||||||||
| Total Assets | USD mil | ... | ... | ... | 110,920 | 129,187 | 147,461 | 167,497 | 197,295 | |||||||||||||
| Shareholders' Equity | USD mil | ... | ... | ... | 87,309 | 103,860 | 120,331 | 139,036 | 152,502 | |||||||||||||
| Of Which Minority Interest | USD mil | ... | ... | ... | 0 | 0 | 0 | 0 | 0 | |||||||||||||
| Liabilities | USD mil | ... | ... | ... | 23,611 | 25,327 | 27,130 | 28,461 | 44,793 | |||||||||||||
| Non-Current Liabilities | USD mil | ... | ... | ... | 7,703 | 8,548 | 7,820 | 11,705 | 20,610 | |||||||||||||
| Long-Term Debt | USD mil | ... | ... | ... | 2,236 | 3,228 | 1,995 | 3,935 | 3,969 | |||||||||||||
| Deferred Tax Liabilities | USD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,947 | 758 | 189 | 226 | 430 | |||||
| Current Liabilities | USD mil | ... | ... | ... | 15,908 | 16,779 | 19,310 | 16,756 | 24,183 | |||||||||||||
| Short-Term Debt | USD mil | ... | ... | ... | 3,009 | 2,009 | 3,225 | 0 | 0 | |||||||||||||
| Trade Payables | USD mil | ... | ... | ... | 2,453 | 1,715 | 1,931 | 2,041 | 3,137 | |||||||||||||
| Equity And Liabilities | USD mil | ... | ... | ... | 110,920 | 129,187 | 147,461 | 167,497 | 197,295 | |||||||||||||
| growth rates | ||||||||||||||||||||||
| Total Asset Growth | % | ... | ... | ... | ... | 18.3 | 16.5 | 14.1 | 13.6 | 17.8 | ||||||||||||
| Shareholders' Equity Growth | % | ... | ... | ... | ... | 21.7 | 19.0 | 15.9 | 15.5 | 9.69 | ||||||||||||
| Net Debt Growth | % | ... | ... | ... | ... | 25.7 | 10.6 | 14.7 | 21.4 | 18.8 | ||||||||||||
| Total Debt Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | -5.27 | -0.153 | -0.325 | -24.6 | 0.864 | |||||||
| ratios | ||||||||||||||||||||||
| Total Debt | USD mil | ... | ... | ... | 5,245 | 5,237 | 5,220 | 3,935 | 3,969 | |||||||||||||
| Net Debt | USD mil | ... | ... | ... | -53,472 | -59,158 | -67,846 | -82,398 | -97,902 | |||||||||||||
| Working Capital | USD mil | ... | ... | ... | 6,855 | 7,668 | 10,116 | 12,364 | 15,948 | |||||||||||||
| Capital Employed | USD mil | ... | ... | ... | 44,889 | 58,199 | 67,463 | 74,453 | 88,935 | |||||||||||||
| Net Debt/Equity | % | ... | ... | ... | -0.612 | -0.570 | -0.564 | -0.593 | -0.642 | |||||||||||||
| Cost of Financing | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | -12.7 | -12.3 | -17.1 | -23.9 | -30.4 |
| cash flow | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| cash flow | ||||||||||||||||||||||
| Net Profit | USD mil | 12,733 | 14,136 | 16,348 | 19,478 | 12,662 | ||||||||||||||||
| Depreciation | USD mil | 2,781 | 3,523 | 4,132 | 5,267 | 6,103 | ||||||||||||||||
| Non-Cash Items | USD mil | ... | ... | ... | ... | 3,622 | 5,530 | 8,540 | 13,539 | 21,910 | ||||||||||||
| Change in Working Capital | USD mil | ... | ... | ... | ... | -477 | -813 | -2,448 | -2,248 | -3,584 | ||||||||||||
| Total Cash From Operations | USD mil | ... | ... | 18,659 | 22,376 | 26,572 | 36,036 | 37,091 | ||||||||||||||
| Capital Expenditures | USD mil | ... | ... | -7,358 | -10,959 | -9,915 | -9,972 | -13,085 | ||||||||||||||
| Other Investments | USD mil | ... | ... | -6,321 | -10,096 | -13,796 | -21,193 | -18,316 | ||||||||||||||
| Total Cash From Investing | USD mil | ... | ... | -13,679 | -21,055 | -23,711 | -31,165 | -31,401 | ||||||||||||||
| Dividends Paid | USD mil | ... | 0 | 0 | 0 | 0 | 0 | |||||||||||||||
| Issuance Of Shares | USD mil | ... | ... | 481 | 648 | -1,780 | -3,693 | -4,846 | ||||||||||||||
| Issuance Of Debt | USD mil | ... | ... | -1,338 | -2,087 | -2,445 | -4,639 | -3,452 | ||||||||||||||
| Total Cash From Financing | USD mil | ... | ... | -857 | -1,439 | -4,225 | -8,332 | -8,298 | ||||||||||||||
| Net Change In Cash | USD mil | ... | ... | 4,123 | -118 | -1,364 | -3,461 | -2,608 | ||||||||||||||
| ratios | ||||||||||||||||||||||
| Days Sales Outstanding | days | ... | ... | ... | 58.4 | 51.9 | 56.2 | 57.2 | 60.4 | |||||||||||||
| Days Sales Of Inventory | days | ... | ... | ... | 7.08 | 0 | 6.36 | 2.78 | 6.00 | |||||||||||||
| Days Payable Outstanding | days | ... | ... | ... | 40.8 | 24.7 | 25.0 | 21.2 | 25.1 | |||||||||||||
| Cash Conversion Cycle | days | ... | ... | ... | 24.7 | 27.2 | 37.6 | 38.7 | 41.3 | |||||||||||||
| Cash Earnings | USD mil | 15,514 | 17,659 | 20,480 | 24,745 | 18,765 | ||||||||||||||||
| Cash Earnings Per Share | USD | 21.1 | 23.8 | 27.5 | 33.1 | 25.0 | ||||||||||||||||
| Price/Cash Earnings (P/CE) | 24.3 | 20.4 | 25.8 | 21.8 | 38.9 | |||||||||||||||||
| Free Cash Flow | USD mil | ... | ... | 4,980 | 1,321 | 2,861 | 4,871 | 5,690 | ||||||||||||||
| Free Cash Flow Yield | % | ... | ... | ... | ... | ... | 1.32 | 0.368 | 0.542 | 0.902 | 0.780 |
| other data | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| other data | ||||||||||||||||||||||
| ROA | % | ... | ... | ... | 12.4 | 11.8 | 11.8 | 12.4 | 6.94 | |||||||||||||
| Gross Margin | % | 60.5 | 61.6 | 62.4 | 61.1 | 58.9 | ||||||||||||||||
| Effective Tax Rate | % | 17.2 | 21.1 | 16.8 | 19.3 | 53.4 | ||||||||||||||||
| Enterprise Value (EV) | USD mil | ... | ... | ... | 322,899 | 300,219 | 459,841 | 457,772 | 631,373 | |||||||||||||
| EV/EBITDA | ... | ... | ... | 16.6 | 13.7 | 18.8 | 15.3 | 17.6 | ||||||||||||||
| EV/Capital Employed | ... | ... | ... | 7.19 | 5.16 | 6.82 | 6.15 | 7.10 | ||||||||||||||
| EV/Sales | ... | ... | ... | 5.82 | 4.55 | 6.13 | 5.07 | 5.70 | ||||||||||||||
| EV/EBIT | ... | ... | ... | 20.8 | 17.8 | 23.8 | 19.3 | 21.9 | ||||||||||||||
| Capital Expenditures (As % of Sales) | % | ... | ... | 13.3 | 16.6 | 13.2 | 11.0 | 11.8 |
Get all company financials in excel:
By Helgi Library - April 2, 2020
Alphabet's total assets reached USD 275,909 mil at the end of 2019, up 18.5% compared to the previous year. Current assets amounted to USD 152,578 mil, or 55.3% of total assets while cash stood at USD 119,675 mil at the end of 2019. ...
Alphabet has been growing its sales by a year on average in the last 5 years. EBITDA has grown on average by 17.8% a year during that time to total of USD 49,529 mil in 2019, or 30.6% of sales. That’s compared to 32.0% average margin seen in last five years.
The company netted USD 34,343 mil in 2019 implying ROE of 18.1% and ROCE of 26.5%. Again, the average figures were 15.0% and 25.1%, respectively when looking at the previous 5 years.
Alphabet’s net debt amounted to USD -103,708 mil at the end of 2019, or -0.515% of equity. When compared to EBITDA, net debt was -2.09x, up when compared to average of -2.56x seen in the last 5 years.
Alphabet stock traded at USD 1,237 per share at the end of 2019 resulting in a market capitalization of USD 921,949 mil. Over the previous five years, stock price grew by 155% or 20.6% a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of 16.5x and price to earnings (PE) of 26.8x as of 2019.
Helgi Library 
