International Business Financial Statements Trends

International Business Machines Corporation -- USA Stock  

USD 150.51  1.26  0.83%

This module enables investors to look at International Business various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as Consolidated Income of 13.2 B, Cost of Revenue of 43.5 B or Earning Before Interest and Taxes EBIT of 15.4 B, but also many exotic indicators such as Interest Coverage of 31.5157, Long Term Debt to Equity of 2.2332 or Calculated Tax Rate of 10.436. This module is a perfect complement to use when analyzing International Business Valuation or Volatility. It can also complement various International Business Technical models. Please also check analysis of International Business Correlation with competitors.

Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Accumulated Other Comprehensive Income(31.1 B)(29.4 B)(21.1 B)
Decreasing
Slightly volatile
Total Assets110.5 B117.5 B113.4 B
Increasing
Slightly volatile
Current Assets42.5 B43.9 B47.5 B
Decreasing
Slightly volatile
Assets Non Current74.5 B73.6 B66.4 B
Increasing
Slightly volatile
Cash and Equivalents11.5 B7.8 B10.5 B
Decreasing
Stable
Cash and Equivalents USD8.2 B7.8 B10.2 B
Decreasing
Slightly volatile
Total Debt45.6 B42.2 B35.3 B
Increasing
Slightly volatile
Debt Current7.4 B7.5 B8.1 B
Decreasing
Slightly volatile
Debt Non Current35.8 B34.7 B27 B
Increasing
Slightly volatile
Total Debt USD43.2 B42.2 B35.1 B
Increasing
Slightly volatile
Deferred Revenue15.5 B14.6 B14.7 B
Increasing
Slightly volatile
Shareholders Equity17.1 B18.2 B19.5 B
Decreasing
Slightly volatile
Shareholders Equity USD17.1 B18.2 B19.5 B
Decreasing
Slightly volatile
Goodwill and Intangible Assets40.2 B40.9 B28.5 B
Increasing
Slightly volatile
Inventory1.6 B1.6 B2.4 B
Decreasing
Slightly volatile
Investments5.8 B5.3 B5.8 B
Decreasing
Slightly volatile
Investments Current636.3 M701 M691.9 M
Decreasing
Very volatile
Investments Non Current5.1 B4.6 B5.2 B
Decreasing
Slightly volatile
Total Liabilities102.7 B99.1 B94.5 B
Increasing
Slightly volatile
Current Liabilities34.3 B36.3 B39.1 B
Decreasing
Slightly volatile
Liabilities Non Current65.6 B62.8 B55.2 B
Increasing
Slightly volatile
Trade and Non Trade Payables6.4 B6.2 B7.2 B
Decreasing
Slightly volatile
Property Plant and Equipment Net11.3 B10.8 B13.3 B
Decreasing
Slightly volatile
Trade and Non Trade Receivables40.4 B38.3 B40.3 B
Increasing
Stable
Accumulated Retained Earnings Deficit157.3 B152.8 B106.8 B
Increasing
Slightly volatile
Tax Assets5.3 B5.2 B5.2 B
Increasing
Stable
Tax Liabilities3.2 B3.2 B3.9 B
Decreasing
Stable

Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Consolidated Income13.2 B11.9 B13.2 B
Increasing
Slightly volatile
Cost of Revenue43.5 B41.6 B50.3 B
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT15.4 B13 B17.3 B
Increasing
Very volatile
Earning Before Interest and Taxes USD15.4 B13 B17.3 B
Increasing
Very volatile
Gross Profit38.3 B38.3 B43.5 B
Increasing
Very volatile
Interest Expense577.9 M630 M476.7 M
Increasing
Stable
Net Income11.3 B11.9 B13 B
Increasing
Stable
Net Income Common Stock13.2 B11.9 B13.2 B
Increasing
Slightly volatile
Net Income Common Stock USD13.2 B11.9 B13.2 B
Increasing
Slightly volatile
Net Income from Discontinued Operations96.3 M9 M2.7 B
Decreasing
Slightly volatile
Operating Expenses26.1 B25.3 B26 B
Increasing
Stable
Operating Income15.5 B13 B17.8 B
Increasing
Very volatile
Preferred Dividends Income Statement Impact11.8 M10 M10.1 M
Increasing
Slightly volatile
Revenues78.4 B79.9 B93.5 B
Decreasing
Slightly volatile
Revenues USD85.1 B79.9 B94.1 B
Decreasing
Slightly volatile
Research and Development Expense4.6 B4.1 B4.7 B
Decreasing
Very volatile
Selling General and Administrative Expense21.8 B21.1 B21.9 B
Increasing
Stable
Weighted Average Shares925.8 M955.4 M1.2 B
Decreasing
Slightly volatile
Weighted Average Shares Diluted1 B958.7 M1.2 B
Decreasing
Slightly volatile
Income Tax Expense1.6 B449 M3.7 B
Decreasing
Slightly volatile

Cash Flow Statement

Trends Matrix
Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditure(4 B)(3.7 B)(4.1 B)
Increasing
Slightly volatile
Depreciation Amortization and Accretion4.3 B4.4 B4.7 B
Decreasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(342.1 M)140 M185.7 M
Decreasing
Slightly volatile
Net Cash Flow Business Acquisitions and Disposals(5.2 B)(6.1 B)(3 B)
Decreasing
Stable
Issuance Purchase of Equity Shares(4 B)(3.3 B)(8.5 B)
Increasing
Stable
Issuance Repayment of Debt Securities 66.8 M26 M(109.8 M)
Decreasing
Very volatile
Payment of Dividends and Other Cash Distributions (5.3 B)(5.3 B)(3.6 B)
Decreasing
Slightly volatile
Net Cash Flow from Financing(7.9 B)(5.8 B)(10.2 B)
Decreasing
Very volatile
Net Cash Flow from Investing(10.1 B)(11 B)(7.3 B)
Decreasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals(918.4 M)(1.1 B)(241.6 M)
Decreasing
Slightly volatile
Net Cash Flow from Operations14.8 B17 B17.6 B
Decreasing
Stable
Effect of Exchange Rate Changes on Cash (275.8 M)(51 M)(150.3 M)
Decreasing
Slightly volatile
Share Based Compensation532.6 M544 M638.1 M
Decreasing
Slightly volatile
Cash Beginning of Year8.5 B7.7 B10.4 B
Decreasing
Stable
Cash End of Year8.2 B7.8 B10.9 B
Decreasing
Slightly volatile

Fundamental Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Asset Turnover0.74580.680.8498
Decreasing
Slightly volatile
Book Value per Share17.865319.23516.5243
Increasing
Stable
Current Ratio1.411.211.2322
Increasing
Slightly volatile
Debt to Equity Ratio2315.4323.9577
Increasing
Slightly volatile
Share Dilution Ratio1.05781.0041.0152
Increasing
Stable
Dividend Yield0.03630.0330.0216
Increasing
Slightly volatile
Dividends per Basic Common Share5.52635.53.2314
Increasing
Slightly volatile
EBITDA Margin0.24370.2170.2342
Increasing
Slightly volatile
Earnings per Basic Share13.636812.4311.4089
Increasing
Slightly volatile
Earnings per Diluted Share11.9912.3811.165
Increasing
Slightly volatile
EPS Diluted Growth(0.0399)0.12770.1728
Decreasing
Slightly volatile
EPS Growth(0.0416)0.12610.1715
Decreasing
Slightly volatile
Earnings per Basic Share USD13.636812.4311.4089
Increasing
Slightly volatile
Enterprise Value over EBIT12.631614.011.386
Decreasing
Very volatile
Enterprise Value over EBITDA10.095811.0369.2364
Decreasing
Very volatile
Free Cash Flow per Share12.3913.84911.6988
Increasing
Slightly volatile
Gross Margin0.51420.4790.4675
Increasing
Slightly volatile
Financial Leverage1.02220.97120.9777
Increasing
Slightly volatile
Leverage Ratio8.60968.31596.1923
Increasing
Slightly volatile
NCFO Growth(0.0142)0.00830.0171
Decreasing
Slightly volatile
Net Income Growth(0.0913)0.09720.1279
Decreasing
Slightly volatile
Profit Margin0.14430.1490.1389
Increasing
Slightly volatile
Payout Ratio0.42790.4420.2712
Increasing
Slightly volatile
Price to Book Value7.138.658.9765
Increasing
Stable
Price to Earnings Ratio12.5613.35413.8261
Decreasing
Slightly volatile
Price to Sales Ratio1.781.9841.8587
Decreasing
Very volatile
Revenue Growth(0.0994)(0.1191)(0.0175)
Decreasing
Slightly volatile
Return on Average Assets0.06970.1010.114
Decreasing
Very volatile
Return on Average Equity0.61310.720.6846
Increasing
Slightly volatile
Return on Invested Capital0.20680.1710.2487
Decreasing
Very volatile
Return on Sales0.190.1620.1841
Increasing
Slightly volatile
Weighted Average Share Growth(0.0568)(0.0254)(0.0422)
Decreasing
Stable
Sales per Share87.981183.64880.0118
Increasing
Slightly volatile
Tax Efficiency0.82940.83630.764
Increasing
Slightly volatile
Tangible Assets Book Value per Share83.196380.73373.8479
Increasing
Slightly volatile
Total Assets Per Share126124103
Increasing
Slightly volatile
Cash Flow Per Share18.705317.928515.9639
Increasing
Slightly volatile
Return on Investment25.331220.030630.2664
Decreasing
Very volatile
Operating Margin16.8914.35717.0687
Increasing
Slightly volatile
Calculated Tax Rate10.4363.641520.7423
Decreasing
Slightly volatile
Receivables Turnover2.87642.75793.2954
Decreasing
Slightly volatile
Inventory Turnover25.943526.820222.3641
Increasing
Slightly volatile
PPandE Turnover7.89427.39447.2454
Increasing
Slightly volatile
Cash and Equivalents Turnover10.732210.2769.1741
Increasing
Slightly volatile
Accounts Payable Turnover13.5313.026212.9701
Increasing
Stable
Accrued Expenses Turnover11.889912.058511.566
Decreasing
Stable
Interest Coverage31.515721.980890.2467
Decreasing
Slightly volatile
Long Term Debt to Equity2.23321.89931.5421
Increasing
Slightly volatile
Quick Ratio1.11241.04131.0292
Increasing
Slightly volatile
Net Current Assets as percentage of Total Assets7.33356.48087.5144
Decreasing
Very volatile
Revenue to Assets0.74740.68030.824
Decreasing
Slightly volatile

Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Average Assets120.2 B117.5 B111.8 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA17.8 B17.3 B21.9 B
Decreasing
Very volatile
Earnings Before Interest Taxes and Depreciation Amortization USD19.7 B17.3 B22 B
Decreasing
Very volatile
Earnings before Tax14.8 B12.3 B16.9 B
Increasing
Very volatile
Average Equity15.7 B16.5 B19.4 B
Decreasing
Slightly volatile
Enterprise Value177.6 B191.3 B197.1 B
Decreasing
Very volatile
Free Cash Flow13.9 B13.2 B13.8 B
Increasing
Stable
Invested Capital78.7 B72.9 B71.9 B
Increasing
Stable
Invested Capital Average78.2 B75.5 B71.2 B
Increasing
Stable
Market Capitalization139.3 B157.8 B170.9 B
Decreasing
Stable
Tangible Asset Value79.8 B76.6 B86.1 B
Decreasing
Slightly volatile
Working Capital8.2 B7.6 B8.4 B
Decreasing
Very volatile
Revenue Per Employee224.2 K209.6 K230.3 K
Decreasing
Slightly volatile
Net Income Per Employee34.8 K31.1 K32.3 K
Increasing
Slightly volatile