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AmTrust Financial Services Inc ADR Series E
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PenkeI guess you are interested in AmTrust Financial Services Inc ADR Series E. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of AmTrust Financial Services Inc ADR Series E. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of AmTrust Financial Services Inc ADR Series E (30 sec.)










What can you expect buying and holding a share of AmTrust Financial Services Inc ADR Series E? (30 sec.)

How much money do you get?

How much money do you get?
$3.86
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$17.04
Expected worth in 1 year
$10.44
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
$-2.73
Return On Investment
-19.2%

For what price can you sell your share?

Current Price per Share
$14.20
Expected price per share
$12.75 - $14.49
How sure are you?
50%

1. Valuation of AmTrust Financial Services Inc ADR Series E (5 min.)




Live pricePrice per Share (EOD)

$14.20

Intrinsic Value Per Share

$-90.01 - $7.37

Total Value Per Share

$-72.98 - $24.40

2. Growth of AmTrust Financial Services Inc ADR Series E (5 min.)




Is AmTrust Financial Services Inc ADR Series E growing?

Current yearPrevious yearGrowGrow %
How rich?$3.3b$3.6b-$325.9m-9.7%

How much money is AmTrust Financial Services Inc ADR Series E making?

Current yearPrevious yearGrowGrow %
Making money-$348.8m$462.8m-$811.7m-232.7%
Net Profit Margin-6.0%8.5%--

How much money comes from the company's main activities?

3. Financial Health of AmTrust Financial Services Inc ADR Series E (5 min.)




What can you expect buying and holding a share of AmTrust Financial Services Inc ADR Series E? (5 min.)

Welcome investor! AmTrust Financial Services Inc ADR Series E's management wants to use your money to grow the business. In return you get a share of AmTrust Financial Services Inc ADR Series E.

What can you expect buying and holding a share of AmTrust Financial Services Inc ADR Series E?

First you should know what it really means to hold a share of AmTrust Financial Services Inc ADR Series E. And how you can make/lose money.

Speculation

The Price per Share of AmTrust Financial Services Inc ADR Series E is $14.20. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of AmTrust Financial Services Inc ADR Series E.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in AmTrust Financial Services Inc ADR Series E, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $17.04. Based on the TTM, the Book Value Change Per Share is $-1.65 per quarter. Based on the YOY, the Book Value Change Per Share is $3.06 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.97 per quarter.
Based on historical numbers we can estimate the returns while holding a share of AmTrust Financial Services Inc ADR Series E.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-2.10-14.8%-2.10-14.8%1.8412.9%1.077.5%0.886.2%
Usd Book Value Change Per Share-1.65-11.6%-1.65-11.6%3.0621.6%2.2515.8%1.5010.5%
Usd Dividend Per Share0.976.8%0.976.8%0.795.6%0.574.0%0.332.3%
Usd Total Gains Per Share-0.68-4.8%-0.68-4.8%3.8527.1%2.8219.9%1.8312.9%
Usd Price Per Share22.92-22.92-25.52-9.69-4.84-
Price to Earnings Ratio-10.91--10.91-13.89-0.60-0.30-
Price-to-Total Gains Ratio-33.58--33.58-6.62--13.48--13.48-
Price to Book Ratio1.35-1.35-1.37-0.54-0.27-
Price-to-Total Gains Ratio-33.58--33.58-6.62--13.48--13.48-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share14.2
Number of shares70
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.970.57
Usd Book Value Change Per Share-1.652.25
Usd Total Gains Per Share-0.682.82
Gains per Quarter (70 shares)-47.77197.54
Gains per Year (70 shares)-191.09790.17
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1270-462-201160630780
2541-923-39232012601570
3811-1385-58348118902360
41082-1846-77464125203150
51352-2308-96580131503940
61623-2769-115696137804730
71893-3231-1347112144105520
82164-3693-1538128150406310
92434-4154-1729144256707100
102705-4616-1920160263007890

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%13.01.00.092.9%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%8.02.00.080.0%11.03.00.078.6%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%13.00.01.092.9%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%8.02.00.080.0%12.02.00.085.7%

Fundamentals of AmTrust Financial Services Inc ADR Series E

About AmTrust Financial Services Inc ADR Series E

AmTrust Financial Services, Inc. operates as a property and casualty company. It offers automobile, commercial auto liability, product liability, marine, inland marine, multi-peril, commercial multiple peril (liability portion), workers' compensation, and other property and casualty insurance. It was incorporated in 1990 and is based in New York, New York. AmTrust Financial Services, Inc. operates as a subsidiary of Evergreen Parent, L.P.

Fundamental data was last updated by Penke on 2024-05-14 01:34:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of AmTrust Financial Services Inc ADR Series E.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit AmTrust Financial Services Inc ADR Series E earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare AmTrust Financial Services Inc ADR Series E to the Insurance - Property & Casualty industry mean.
  • A Net Profit Margin of -6.0% means that $-0.06 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of AmTrust Financial Services Inc ADR Series E:

  • The MRQ is -6.0%. The company is making a loss. -1
  • The TTM is -6.0%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-6.0%TTM-6.0%0.0%
TTM-6.0%YOY8.5%-14.5%
TTM-6.0%5Y6.9%-12.9%
5Y6.9%10Y9.9%-3.0%
1.1.2. Return on Assets

Shows how efficient AmTrust Financial Services Inc ADR Series E is using its assets to generate profit.

  • Above 5% is considered healthy but always compare AmTrust Financial Services Inc ADR Series E to the Insurance - Property & Casualty industry mean.
  • -1.4% Return on Assets means that AmTrust Financial Services Inc ADR Series E generated $-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of AmTrust Financial Services Inc ADR Series E:

  • The MRQ is -1.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.4%TTM-1.4%0.0%
TTM-1.4%YOY2.0%-3.4%
TTM-1.4%5Y1.9%-3.3%
5Y1.9%10Y2.4%-0.5%
1.1.3. Return on Equity

Shows how efficient AmTrust Financial Services Inc ADR Series E is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare AmTrust Financial Services Inc ADR Series E to the Insurance - Property & Casualty industry mean.
  • -10.9% Return on Equity means AmTrust Financial Services Inc ADR Series E generated $-0.11 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of AmTrust Financial Services Inc ADR Series E:

  • The MRQ is -10.9%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -10.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-10.9%TTM-10.9%0.0%
TTM-10.9%YOY13.2%-24.2%
TTM-10.9%5Y12.3%-23.3%
5Y12.3%10Y15.5%-3.2%

1.2. Operating Efficiency of AmTrust Financial Services Inc ADR Series E.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient AmTrust Financial Services Inc ADR Series E is operating .

  • Measures how much profit AmTrust Financial Services Inc ADR Series E makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare AmTrust Financial Services Inc ADR Series E to the Insurance - Property & Casualty industry mean.
  • An Operating Margin of -7.7% means the company generated $-0.08  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of AmTrust Financial Services Inc ADR Series E:

  • The MRQ is -7.7%. The company is operating very inefficient. -2
  • The TTM is -7.7%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-7.7%TTM-7.7%0.0%
TTM-7.7%YOY9.6%-17.3%
TTM-7.7%5Y7.3%-15.0%
5Y7.3%10Y8.1%-0.8%
1.2.2. Operating Ratio

Measures how efficient AmTrust Financial Services Inc ADR Series E is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
  • An Operation Ratio of 1.28 means that the operating costs are $1.28 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of AmTrust Financial Services Inc ADR Series E:

  • The MRQ is 1.275. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.275. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.275TTM1.2750.000
TTM1.275YOY1.041+0.234
TTM1.2755Y0.800+0.476
5Y0.80010Y-0.056+0.856

1.3. Liquidity of AmTrust Financial Services Inc ADR Series E.

1.3. Liquidity
1.3.1. Current Ratio

Measures if AmTrust Financial Services Inc ADR Series E is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
  • A Current Ratio of 10.65 means the company has $10.65 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of AmTrust Financial Services Inc ADR Series E:

  • The MRQ is 10.648. The company is very able to pay all its short-term debts. +2
  • The TTM is 10.648. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ10.648TTM10.6480.000
TTM10.648YOY10.115+0.533
TTM10.6485Y10.848-0.200
5Y10.84810Y8.322+2.526
1.3.2. Quick Ratio

Measures if AmTrust Financial Services Inc ADR Series E is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare AmTrust Financial Services Inc ADR Series E to the Insurance - Property & Casualty industry mean.
  • A Quick Ratio of 10.85 means the company can pay off $10.85 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of AmTrust Financial Services Inc ADR Series E:

  • The MRQ is 10.848. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 10.848. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ10.848TTM10.8480.000
TTM10.848YOY10.282+0.566
TTM10.8485Y10.982-0.134
5Y10.98210Y8.485+2.497

1.4. Solvency of AmTrust Financial Services Inc ADR Series E.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of AmTrust Financial Services Inc ADR Series E assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare AmTrust Financial Services Inc ADR Series E to Insurance - Property & Casualty industry mean.
  • A Debt to Asset Ratio of 0.87 means that AmTrust Financial Services Inc ADR Series E assets are financed with 86.6% credit (debt) and the remaining percentage (100% - 86.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of AmTrust Financial Services Inc ADR Series E:

  • The MRQ is 0.866. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.866. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.866TTM0.8660.000
TTM0.866YOY0.838+0.028
TTM0.8665Y0.845+0.022
5Y0.84510Y0.8450.000
1.4.2. Debt to Equity Ratio

Measures if AmTrust Financial Services Inc ADR Series E is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare AmTrust Financial Services Inc ADR Series E to the Insurance - Property & Casualty industry mean.
  • A Debt to Equity ratio of 685.0% means that company has $6.85 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of AmTrust Financial Services Inc ADR Series E:

  • The MRQ is 6.850. The company is unable to pay all its debts with equity. -1
  • The TTM is 6.850. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ6.850TTM6.8500.000
TTM6.850YOY5.475+1.375
TTM6.8505Y5.906+0.944
5Y5.90610Y5.717+0.190

2. Market Valuation of AmTrust Financial Services Inc ADR Series E

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings AmTrust Financial Services Inc ADR Series E generates.

  • Above 15 is considered overpriced but always compare AmTrust Financial Services Inc ADR Series E to the Insurance - Property & Casualty industry mean.
  • A PE ratio of -10.91 means the investor is paying $-10.91 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of AmTrust Financial Services Inc ADR Series E:

  • The EOD is -6.762. Based on the earnings, the company is expensive. -2
  • The MRQ is -10.914. Based on the earnings, the company is expensive. -2
  • The TTM is -10.914. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.762MRQ-10.914+4.152
MRQ-10.914TTM-10.9140.000
TTM-10.914YOY13.894-24.808
TTM-10.9145Y0.596-11.510
5Y0.59610Y0.298+0.298
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of AmTrust Financial Services Inc ADR Series E:

  • The EOD is -4.885. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -7.885. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -7.885. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.885MRQ-7.885+3.000
MRQ-7.885TTM-7.8850.000
TTM-7.885YOY6.309-14.194
TTM-7.8855Y-0.315-7.570
5Y-0.31510Y-0.158-0.158
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of AmTrust Financial Services Inc ADR Series E is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
  • A PB ratio of 1.35 means the investor is paying $1.35 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of AmTrust Financial Services Inc ADR Series E:

  • The EOD is 0.833. Based on the equity, the company is cheap. +2
  • The MRQ is 1.345. Based on the equity, the company is underpriced. +1
  • The TTM is 1.345. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.833MRQ1.345-0.512
MRQ1.345TTM1.3450.000
TTM1.345YOY1.366-0.020
TTM1.3455Y0.542+0.803
5Y0.54210Y0.271+0.271
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of AmTrust Financial Services Inc ADR Series E compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---1.648-1.6480%3.063-154%2.250-173%1.497-210%
Book Value Per Share--17.03717.0370%18.685-9%14.097+21%8.926+91%
Current Ratio--10.64810.6480%10.115+5%10.848-2%8.322+28%
Debt To Asset Ratio--0.8660.8660%0.838+3%0.845+3%0.845+3%
Debt To Equity Ratio--6.8506.8500%5.475+25%5.906+16%5.717+20%
Dividend Per Share--0.9660.9660%0.789+22%0.572+69%0.331+191%
Eps---2.100-2.1000%1.837-214%1.072-296%0.878-339%
Free Cash Flow Per Share---2.907-2.9070%4.045-172%3.037-196%1.992-246%
Free Cash Flow To Equity Per Share---3.200-3.2000%5.402-159%4.458-172%2.827-213%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--7.367--------
Intrinsic Value_10Y_min---90.012--------
Intrinsic Value_1Y_max--2.547--------
Intrinsic Value_1Y_min---0.962--------
Intrinsic Value_3Y_max--6.275--------
Intrinsic Value_3Y_min---9.887--------
Intrinsic Value_5Y_max--8.340--------
Intrinsic Value_5Y_min---26.411--------
Market Cap2807354086.400-61%4531306736.6404531306736.6400%5045329315.840-10%1915327210.496+137%957663605.248+373%
Net Profit Margin---0.060-0.0600%0.085-171%0.069-186%0.099-160%
Operating Margin---0.077-0.0770%0.096-180%0.073-206%0.081-196%
Operating Ratio--1.2751.2750%1.041+22%0.800+59%-0.056+104%
Pb Ratio0.833-61%1.3451.3450%1.366-1%0.542+148%0.271+396%
Pe Ratio-6.762+38%-10.914-10.9140%13.894-179%0.596-1932%0.298-3763%
Price Per Share14.200-61%22.92022.9200%25.520-10%9.688+137%4.844+373%
Price To Free Cash Flow Ratio-4.885+38%-7.885-7.8850%6.309-225%-0.315-96%-0.158-98%
Price To Total Gains Ratio-20.807+38%-33.584-33.5840%6.625-607%-13.480-60%-13.480-60%
Quick Ratio--10.84810.8480%10.282+6%10.982-1%8.485+28%
Return On Assets---0.014-0.0140%0.020-168%0.019-174%0.024-158%
Return On Equity---0.109-0.1090%0.132-183%0.123-189%0.155-170%
Total Gains Per Share---0.682-0.6820%3.852-118%2.822-124%1.828-137%
Usd Book Value--3368214000.0003368214000.0000%3694124000.000-9%2786928200.000+21%1764777900.000+91%
Usd Book Value Change Per Share---1.648-1.6480%3.063-154%2.250-173%1.497-210%
Usd Book Value Per Share--17.03717.0370%18.685-9%14.097+21%8.926+91%
Usd Dividend Per Share--0.9660.9660%0.789+22%0.572+69%0.331+191%
Usd Eps---2.100-2.1000%1.837-214%1.072-296%0.878-339%
Usd Free Cash Flow---574706000.000-574706000.0000%799656000.000-172%600488800.000-196%393799500.000-246%
Usd Free Cash Flow Per Share---2.907-2.9070%4.045-172%3.037-196%1.992-246%
Usd Free Cash Flow To Equity Per Share---3.200-3.2000%5.402-159%4.458-172%2.827-213%
Usd Market Cap2807354086.400-61%4531306736.6404531306736.6400%5045329315.840-10%1915327210.496+137%957663605.248+373%
Usd Price Per Share14.200-61%22.92022.9200%25.520-10%9.688+137%4.844+373%
Usd Profit---348889000.000-348889000.0000%462856000.000-175%271087600.000-229%203247500.000-272%
Usd Revenue--5816587000.0005816587000.0000%5470352000.000+6%4570064200.000+27%2838850000.000+105%
Usd Total Gains Per Share---0.682-0.6820%3.852-118%2.822-124%1.828-137%
 EOD+3 -5MRQTTM+0 -0YOY+9 -265Y+11 -2410Y+13 -22

3.2. Fundamental Score

Let's check the fundamental score of AmTrust Financial Services Inc ADR Series E based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-6.762
Price to Book Ratio (EOD)Between0-10.833
Net Profit Margin (MRQ)Greater than0-0.060
Operating Margin (MRQ)Greater than0-0.077
Quick Ratio (MRQ)Greater than110.848
Current Ratio (MRQ)Greater than110.648
Debt to Asset Ratio (MRQ)Less than10.866
Debt to Equity Ratio (MRQ)Less than16.850
Return on Equity (MRQ)Greater than0.15-0.109
Return on Assets (MRQ)Greater than0.05-0.014
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of AmTrust Financial Services Inc ADR Series E based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.534
Ma 20Greater thanMa 5013.913
Ma 50Greater thanMa 10013.795
Ma 100Greater thanMa 20013.330
OpenGreater thanClose13.610
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2013-12-312014-12-312015-12-312016-12-312017-12-31
Other Assets  -981,136-537,388-1,518,524-616,076-2,134,600-1,560,874-3,695,4749,583,9825,888,508
Net Debt  -3,869,040-869,970-4,739,010-1,287,199-6,026,209-1,872,341-7,898,5508,592,125693,575
Income before Tax  375,68396,250471,93379,545551,47828,372579,850-1,087,580-507,730
Net Income  290,863156,151447,01456,580503,594-40,738462,856-811,745-348,889
EBIT  334,26387,255421,518142,591564,109-36,792527,317-975,569-448,252
EBITDA  387,38197,230484,611167,510652,121-7,534644,587-934,435-289,848
Operating Income  334,26387,255421,518142,591564,109-36,792527,317-975,569-448,252
Income Tax Expense  98,019-44,33353,68612,65566,34146,895113,236-212,599-99,363
Total Other Income Expense Net 54,61924,56379,182-73,3565,82642,94948,775-108,253-59,478



Latest Balance Sheet

Balance Sheet of 2017-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets25,218,630
Total Liabilities21,850,416
Total Stockholder Equity3,189,803
 As reported
Total Liabilities 21,850,416
Total Stockholder Equity+ 3,189,803
Total Assets = 25,218,630

Assets

Total Assets25,218,630
Total Current Assets10,005,394
Long-term Assets9,324,728
Total Current Assets
Cash And Cash Equivalents 763,121
Short-term Investments 187,793
Net Receivables 9,054,480
Inventory -14,657,837
Other Current Assets 14,657,837
Total Current Assets  (as reported)10,005,394
Total Current Assets  (calculated)10,005,394
+/-0
Long-term Assets
Property Plant Equipment 453,378
Goodwill 552,892
Long Term Investments 7,937,635
Intangible Assets 380,823
Long-term Assets Other -411,333
Long-term Assets  (as reported)9,324,728
Long-term Assets  (calculated)8,913,395
+/- 411,333

Liabilities & Shareholders' Equity

Total Current Liabilities939,628
Long-term Liabilities1,786,725
Total Stockholder Equity3,189,803
Total Current Liabilities
Short-term Debt 130,000
Short Long Term Debt 130,000
Accounts payable 809,628
Other Current Liabilities -636,170
Total Current Liabilities  (as reported)939,628
Total Current Liabilities  (calculated)433,458
+/- 506,170
Long-term Liabilities
Long-term Liabilities  (as reported)1,786,725
Long-term Liabilities  (calculated)0
+/- 1,786,725
Total Stockholder Equity
Common Stock2,108
Retained Earnings 860,854
Accumulated Other Comprehensive Income 15,516
Other Stockholders Equity 1,397,575
Total Stockholder Equity (as reported)3,189,803
Total Stockholder Equity (calculated)2,276,053
+/- 913,750
Other
Cash and Short Term Investments 950,914
Common Stock Shares Outstanding 185,961
Current Deferred Revenue636,170
Liabilities and Stockholders Equity 25,218,630
Net Debt 693,575
Net Invested Capital 3,732,749
Net Tangible Assets 1,342,338
Net Working Capital 9,065,766
Short Long Term Debt Total 1,456,696



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-31
> Total Assets 
45,165
306,225
341,394
497,530
612,890
1,185,392
2,322,794
3,115,705
3,409,866
4,186,456
5,682,554
7,421,602
11,257,410
13,847,365
17,114,718
22,843,179
25,218,630
25,218,63022,843,17917,114,71813,847,36511,257,4107,421,6025,682,5544,186,4563,409,8663,115,7052,322,7941,185,392612,890497,530341,394306,22545,165
   > Total Current Assets 
4,670
7,068
11,202
1,898
292,088
454,100
787,386
769,949
1,910,695
2,289,172
3,015,323
5,301,204
8,148,812
9,999,338
12,379,963
17,178,826
10,005,394
10,005,39417,178,82612,379,9639,999,3388,148,8125,301,2043,015,3232,289,1721,910,695769,949787,386454,100292,0881,89811,2027,0684,670
       Cash And Cash Equivalents 
4,670
7,068
11,202
0
115,847
59,916
145,337
192,053
1,414,824
1,561,611
2,082,331
2,696,402
4,597,189
5,664,856
7,204,153
9,301,425
763,121
763,1219,301,4257,204,1535,664,8564,597,1892,696,4022,082,3311,561,6111,414,824192,053145,33759,916115,847011,2027,0684,670
       Short-term Investments 
0
0
0
0
74,732
196,140
148,541
167,845
31,265
32,137
128,565
10,282
114,202
63,916
84,266
283,984
187,793
187,793283,98484,26663,916114,20210,282128,56532,13731,265167,845148,541196,14074,7320000
       Net Receivables 
0
0
0
1,898
101,509
198,044
493,508
410,051
495,871
727,561
932,992
2,604,802
3,551,623
4,334,482
5,175,810
7,877,401
9,054,480
9,054,4807,877,4015,175,8104,334,4823,551,6232,604,802932,992727,561495,871410,051493,508198,044101,5091,898000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
2,669,025
9,036,779
11,268,344
14,657,837
14,657,83711,268,3449,036,7792,669,0250000000000000
   > Long-term Assets 
0
0
0
10,107
328,899
761,562
1,182,434
1,273,462
1,290,970
1,564,213
2,022,075
2,783,026
4,089,734
5,366,551
6,869,355
9,359,827
9,324,728
9,324,7289,359,8276,869,3555,366,5514,089,7342,783,0262,022,0751,564,2131,290,9701,273,4621,182,434761,562328,89910,107000
       Property Plant Equipment 
0
0
0
798
9,651
11,175
12,974
15,107
15,858
30,889
61,553
75,933
104,299
154,175
281,456
314,332
453,378
453,378314,332281,456154,175104,29975,93361,55330,88915,85815,10712,97411,1759,651798000
       Goodwill 
0
0
0
0
0
2,163
10,549
0
53,156
106,220
147,654
229,780
373,591
352,685
432,700
686,565
552,892
552,892686,565432,700352,685373,591229,780147,654106,22053,156010,5492,16300000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
4,485,216
5,776,493
7,802,370
7,937,635
7,937,6357,802,3705,776,4934,485,2160000000000000
       Intangible Assets 
0
0
0
9,309
20,781
27,206
42,683
102,425
108,130
197,826
314,616
285,187
291,802
314,996
367,345
556,560
380,823
380,823556,560367,345314,996291,802285,187314,616197,826108,130102,42542,68327,20620,7819,309000
       Other Assets 
0
0
0
485,525
-8,097
-30,270
352,974
1,072,294
208,201
333,071
645,156
-662,628
-981,136
-1,518,524
-2,134,600
-3,695,474
5,888,508
5,888,508-3,695,474-2,134,600-1,518,524-981,136-662,628645,156333,071208,2011,072,294352,974-30,270-8,097485,525000
> Total Liabilities 
0
0
0
378,702
494,479
821,419
1,913,867
2,723,157
2,840,474
3,469,942
4,791,991
6,277,481
9,669,906
11,651,167
14,026,117
19,149,055
21,850,416
21,850,41619,149,05514,026,11711,651,1679,669,9066,277,4814,791,9913,469,9422,840,4742,723,1571,913,867821,419494,479378,702000
   > Total Current Liabilities 
0
0
0
1,700
44,733
25,032
82,522
367,253
351,538
317,405
429,110
735,568
755,186
964,600
1,004,683
1,698,392
939,628
939,6281,698,3921,004,683964,600755,186735,568429,110317,405351,538367,25382,52225,03244,7331,700000
       Short-term Debt 
0
0
0
1,700
25,000
0
0
195,536
189,103
0
0
0
0
120,000
130,000
130,000
130,000
130,000130,000130,000120,0000000189,103195,5360025,0001,700000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
130,000
130,000
130,000130,000000000000000000
       Accounts payable 
0
0
0
0
19,733
25,032
82,522
171,717
162,435
284,995
360,703
641,851
755,186
844,600
874,683
1,568,392
809,628
809,6281,568,392874,683844,600755,186641,851360,703284,995162,435171,71782,52225,03219,7330000
   > Long-term Liabilities 
0
0
0
105,892
51,548
82,476
123,714
157,047
143,714
308,239
247,281
789,149
1,078,260
1,170,801
1,522,668
2,012,597
1,786,725
1,786,7252,012,5971,522,6681,170,8011,078,260789,149247,281308,239143,714157,047123,71482,47651,548105,892000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
6,020,908
7,787,508
10,822,095
10,527,996
10,527,99610,822,0957,787,5086,020,9080000000000000
> Total Stockholder Equity
20,039
79,048
98,467
118,828
118,411
340,479
390,386
392,548
569,392
716,514
890,563
1,144,121
1,449,644
2,037,017
2,912,146
3,497,614
3,189,803
3,189,8033,497,6142,912,1462,037,0171,449,6441,144,121890,563716,514569,392392,548390,386340,479118,411118,82898,46779,04820,039
   Common Stock
0
0
0
241
241
600
841
842
842
844
849
912
980
980
1,964
1,965
2,108
2,1081,9651,964980980912849844842842841600241241000
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
-5,014
3,705
-31,688
-105,815
-17,020
-266
-9,999
64,231
-8,164
56,123
-130,262
-125,722
15,516
15,516-125,722-130,26256,123-8,16464,231-9,999-266-17,020-105,815-31,6883,705-5,0140000
   Capital Surplus 00000000000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
0
19,048
0
94,568
12,406
238,938
240,452
244,618
243,088
248,242
281,956
467,314
748,194
725,180
1,223,711
1,302,550
1,397,575
1,397,5751,302,5501,223,711725,180748,194467,314281,956248,242243,088244,618240,452238,93812,40694,568019,0480



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.