Tables and Charts With Trends for Verizon
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Transcript of Tables and Charts With Trends for Verizon
8/6/2019 Tables and Charts With Trends for Verizon
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Operating Cash Flow / Current maturities of long-term debt and current not
Formula: Operating Cash Flow / (Current Maturities of Long-Term Debt + Current Note
Result shows indication of a firm's abilities to meet its current maturities of debt (high
Yr 2010 2009
Net Income 2,550,000,000.00 4,890,000,000.00
(+/-) NCF Operating Activities 33,360,000,000.00 31,390,000,000.00
(+/-) NCF Investing 15,050,000,000.00 23,160,000,000.00
(+/-) NCF Financing (13,650,000,000.00) (16,010,000,000.00)Operating Cash Flow 37,310,000,000.00 43,430,000,000.00
Current Maturities of Long-term 45,250,000,000.00 55,050,000,000.00
Notes Payable 1,080,000,000.00 (1,250,000,000.00)
Operating Cash Flow/ Current
Maturities of Long-term Debt an 0.81 0.81
Current Notes Payable
2010 2009 2008
-
0.20
0.40
0.60
0.80
1.00
1.20
1.40
1.60
1.80
2.00
OCF/Current Maturit
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s payable
s Payable)
er ratio indicates better liquidity)
2008 2007 2006
6,430,000,000.00 5,520,000,000.00 6,200,000,000.00
26,620,000,000.00 25,740,000,000.00 24,110,000,000.00
31,580,000,000.00 16,110,000,000.00 15,620,000,000.00
13,590,000,000.00 (11,700,000,000.00) (6,030,000,000.00)78,220,000,000.00 35,670,000,000.00 39,900,000,000.00
46,960,000,000.00 28,200,000,000.00 28,650,000,000.00
(1,700,000,000.00) (567,000,000.00) (383,000,000.00)
1.73 1.29 1.41
2007 2006
es of Long-Term Debt and C
OCF/Current Maturitiesof Long-Term Debt andCurrent Notes Payable
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Operating Cash Flow to Total Debt
Formula: Operating Cash Flow / Total Debt
Indicates a firm's ability to cover total debt with the yearly operating cash flow
Conservative approach is to include all possible b
Yr 2010 2009
Net Income 2,550,000,000.00 4,890,000,000.00
(+/-) NCF Operating Activiti 33,360,000,000.00 31,390,000,000.00
(+/-) NCF Investing 15,050,000,000.00 23,160,000,000.00(+/-) NCF Financing (13,650,000,000.00) (16,010,000,000.00)Operating Cash Flow 37,310,000,000.00 43,430,000,000.00
7,540,000,000.00 7,200,000,000.00
Long Term Debt 45,250,000,000.00 55,050,000,000.0052,790,000,000.00 62,250,000,000.00
Operating Cash Flow to 0.71 0.7
Total Debt
Short Term Debt &Current Portion of
2010 2009 2008
1
1
1
1
1
2
Operating Cash Flow to T
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alance sheet debt
2008 2007 2006
6,430,000,000.00 5,520,000,000.00 6,200,000,000.00
26,620,000,000.00 25,740,000,000.00 24,110,000,000.00
31,580,000,000.00 16,110,000,000.00 15,620,000,000.0013,590,000,000.00 (11,700,000,000.00) (6,030,000,000.00)78,220,000,000.00 35,670,000,000.00 39,900,000,000.00
4,990,000,000.00 2,950,000,000.00 7,720,000,000.00
46,960,000,000.00 28,200,000,000.00 28,650,000,000.0051,950,000,000.00 31,150,000,000.00 36,370,000,000.00
1.51 1.15 1.1
2007 2006
tal Debt
Operating Cash Flow to Total Debt
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Operating Cash Flow per Share
Formula: (Operating Cash Flow - Preferred Dividends) / Diluted weighted Average
A better indication of a firm's ability to make capital expenditure decisions and pay
NOTE: It does not reflect a firm's profitabliity
Yr 2010 2009
Net Income 2,550,000,000.00 4,890,000,000.00
(+/-) NCF Operating Activities 33,360,000,000.00 31,390,000,000.00
(+/-) NCF Investing 15,050,000,000.00 23,160,000,000.00(+/-) NCF Financing (13,650,000,000.00) (16,010,000,000.00)
Operating Cash Flow 37,310,000,000.00 43,430,000,000.00
Preferred Dividends 0 0
Common Shares Outstanding 2,830,000,000.00 2,970,000,000.00
Operating Cash Flow per Shar 13.18 14.62
2010 2009 2008
-
5.00
10.00
15.00
20.00
25.00
30.00
Operating Cash Flow per Shar
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ommon Shares Outstanding)
dividends than is earning per share
2008 2007 2006
6,430,000,000.00 5,520,000,000.00 6,200,000,000.00
26,620,000,000.00 25,740,000,000.00 24,110,000,000.00
31,580,000,000.00 16,110,000,000.00 15,620,000,000.0013,590,000,000.00 (11,700,000,000.00) (6,030,000,000.00)
78,220,000,000.00 35,670,000,000.00 39,900,000,000.00
0 0 0
2,840,000,000.00 2,890,000,000.00 2,930,000,000.00
27.54 12.34 13.62
2007 2006
e
Operating Cash Flow perShare
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Operating Cash Flow to Cash Dividends
Formula: Operating Cash Flow / Cash Dividends
Indicates a firm's ability to cover cash dividends with the yearly operating cash
Yr 2010 2009
Net Income 2,550,000,000.00 4,890,000,000.00
(+/-) NCF Operating Activiti 33,360,000,000.00 31,390,000,000.00
(+/-) NCF Investing 15,050,000,000.00 23,160,000,000.00
(+/-) NCF Financing (13,650,000,000.00) (16,010,000,000.00)Operating Cash Flow 37,310,000,000.00 43,430,000,000.00
Dividends Payable 1,400,000,000.00 1,370,000,000.00
Operating Cash Flow to 26.65 31.7
Cash Dividends
2010 2009 2008
10
20
30
40
50
60
Operating Cash Flow to Cash
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flow
2008 2007 2006
6,430,000,000.00 5,520,000,000.00 6,200,000,000.00
26,620,000,000.00 25,740,000,000.00 24,110,000,000.00
31,580,000,000.00 16,110,000,000.00 15,620,000,000.00
13,590,000,000.00 (11,700,000,000.00) (6,030,000,000.00)78,220,000,000.00 35,670,000,000.00 39,900,000,000.00
1,580,000,000.00 1,270,000,000.00 1,200,000,000.00
49.51 28.09 33.25
2007 2006
Dividends
Operating Cash Flow to CashDividends
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Altman Z-Score
T1 = Working Capital / Total Assets
T2 = Retained Earnings / Total Assets
T3 = Earnings Before Interest and Taxes / Total Assets
T4 = Market Value of Equity / Total Liabilities
T5 = Sales/ Total Assets
Yr 2010 2009
Current Assets 22,350,000,000.00 21,740,000,000.00
Total Assets 220,000,000,000.00 226,910,000,000.00
Net Sales 106,560,000,000.00 107,810,000,000.00
Interest 3,490,000,000.00 4,030,000,000.00
Total Liabilities 133,090,000,000.00 142,760,000,000.00
Current Liabilities 30,600,000,000.00 29,140,000,000.00
Earnings Before Taxe 14,700,000,000.00 16,070,000,000.00
Retained Earnings 4,370,000,000.00 7,260,000,000.00
X1 -0.04 -0.03X2 0.02 0.03
X3 0.08 0.09
X4 0.65 0.59
X5 0.48 0.48
Z = 1.13 1.13
1
1
1
1
1
2
Z-Score
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2010 2009 2008
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Zones of Discrimination:
Z > 2.99 -“Safe” Zones Z Score Bankruptcy Model:
1.81 < Z < 2.99 -“Grey” Zones Z = 1.2T1 + 1.4T2 + 3.3T3 + 0.6T4 + .9
Z < 1.81 -“Distress” Zones
2008 2007 2006
26,080,000,000.00 18,700,000,000.00 22,540,000,000.00
202,350,000,000.00 186,960,000,000.00 188,800,000,000.00
97,350,000,000.00 93,470,000,000.00 88,140,000,000.00
2,570,000,000.00 2,260,000,000.00 2,810,000,000.00
123,450,000,000.00 104,090,000,000.00 111,930,000,000.00
25,910,000,000.00 24,740,000,000.00 32,280,000,000.00
17,170,000,000.00 15,790,000,000.00 13,770,000,000.00
19,250,000,000.00 17,880,000,000.00 17,320,000,000.00
0 -0.03 -0.050.1 0.1 0.09
0.10 0.10 0.09
0.64 0.80 0.69
0.48 0.5 0.47
1.32 1.39 1.24
Z-Score
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2007 2006
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99T5