March 5th, 2011
Horizontal and Vertical Analysis from Macy’s Inc.
(All figures are expressed in US dollars)
The following financial report is generated from the Financial Statements of the department stores and Internet Websites that sell a range of merchandise, including men’s, women’s, and children’s apparel; and accessories, cosmetics, home furnishings, and other consumer goods. Macy's, Inc. The figures stated above we’re taken or consequent from the Balance Sheets of Jan 31st, 2009 and Jan 30th, 2010 and the 52-week periods Income Statement from those dates.
The Total Assets from the company represent a figure of 21,300 in the latest year, which represent a decrease of 3.82% from the previous year. The Current Assets sum up a total of 30.44% and 32.31% of the Total Assets as of January 2009 and January 2010 dates respectively, which represent a real growth, between the dates, of $142 to reach the $6,882. Part of this growth is due to the increase of 29.1% of the Cash and Cash Equivalents account, which in the later date is valued as $1,686; it also increase its participation in the total assets from 5.9% to 7.92% from one year to another. Also worthwhile mentioning is the significant reduction of the Accounts Receivable of 18.45% which varied $81 from the $439 figure we had in the FY08.
On the other hand we have that current assets represented 69.56% and 67.69% of the Assets value from each date in order, it had a cut of $987 from the first period which resulted in a $14,418 value of the account in the final period closing. The most important account in the Non-Current is the Property Plant and Equipment, which suffered a loss of $935, which in turn is 8.95% from the 10,442 of the FY08. The account is the biggest of the total assets taking 47.15% and 44.63% in each closing.
On the other side of the balance we have that the total Liabilities represent a total of 79.02% and