Tag Archives: balance sheet

How is the balance sheet of Rovio, the maker of Angry Birds, impacted by its Initial Public Offering?

Rovio Entertainment Corporation, the maker of the Angry Birds mobile games, recently made its Initial Public Offering (IPO) on the Helsinki NASDAQ stock exchange. Rovio stock is not available through U.S. stock exchanges. Rovio’s headquarters is in Finland. It also has offices in the United States, Sweden, China, and the United Kingdom. Rovio’s IPO in […]

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What information is provided in McDonald’s basic financial statements?

McDonald’s Corporation (NYSE: MCD) is a publicly held corporation with more than $31 billion in assets. It started in 1940 as a BBQ restaurant in San Bernardino, California. In 1948, McDonald’s switched to burgers, shakes, potato chips, and pie. Its Golden Arches are generally believed to be the most recognized symbol in the world. To […]

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How do Facebook and Twitter’s current and debt ratios compare?

Facebook, Inc. (NASDAQ: FB), and Twitter, Inc. (NYSE: TWTR), are two of the most popular publicly-held social media companies. Both are relatively young companies; Facebook was founded in 2004, while Twitter was started in 2006. To follow are adapted and condensed balance sheets for both Facebook and Twitter as of December 31, 2015. Please note: […]

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What information is provided in Facebook’s basic financial statements?

Facebook, Inc., is a publicly held corporation and is frequently in the news.  For example, in August 2016, it announced a new feature called “Lifestage,” which is an iOS app that emulates Snapchat and is designed to be used by teens. Also in that same month, Mark Zuckerberg sold $95 million of his Facebook shares. […]

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How does the new equity issued by Sonos, the wireless internet-enabled speaker maker, affect its financial statements?

Sonos is a maker of wireless internet-enabled speaker systems.  It was founded in California in 2002 and has experienced rapidly growing sales.  Its CEO, John MacFarlane, indicated that Sonos would exceed $1 billion in sales in 2014. In December 2014, the privately-held Sonos issued an additional $130 million in new equity. It will be using […]

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How will a $37 million expansion to retool an assembly plan impact GM’s financial statements?

General Motors (GM) is considering a $37-million expansion to one of its Michigan assembly plants.  The Buick Enclave, Chevrolet Traverse, and GMC Acadia crossovers are built at the Lansing Delta Township plant. GM officials have not announced what the $37-million expansion will include but they have applied for tax incentives from the City of Lansing […]

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What is the impact on American Apparel’s current ratio of the loan it received from Standard General?

American Apparel has been in the news in recent weeks.  Its board fired CEO Dov Charney amid several reports of his misdeeds. The company has also lost $270 million over the past three years. Last week, one of American Apparel’s creditors, Lion Capital, called a $10 million loan it had made to American Apparel.  (“Calling” […]

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What is the impact of the Candy Crush Saga maker’s IPO on its balance sheet?

King Digital Entertainment (NYSE: KING), the maker of the Candy Crush Saga app, had its initial public offering (IPO) the week of March 24th, 2014.  King’s stock was priced at $22.50 per share for the IPO; its par value is $0.000197 per share.  The IPO raised about $500 million for King.  Assume that approximately 2,300,000 […]

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