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



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



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



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



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



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



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



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



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



2010 2009 2008



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



2007 2006



99T5



Documents

Tables and Charts With Trends for Verizon