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Telefonaktiebolaget LM Ericsson Class B
Buy, Hold or Sell?

Let's analyze Ericsson together

I guess you are interested in Telefonaktiebolaget LM Ericsson Class B. 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 Telefonaktiebolaget LM Ericsson Class B. 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.

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Quick analysis of Ericsson (30 sec.)










What can you expect buying and holding a share of Ericsson? (30 sec.)

How much money do you get?

How much money do you get?
‚ā¨2.96
When do you have the money?
1 year
How often do you get paid?
92.5%

What is your share worth?

Current worth
‚ā¨32.30
Expected worth in 1 year
‚ā¨26.87
How sure are you?
62.5%

+ What do you gain per year?

Total Gains per Share
‚ā¨-2.71
Return On Investment
-43.9%

For what price can you sell your share?

Current Price per Share
‚ā¨6.16
Expected price per share
‚ā¨5.496 - ‚ā¨6.8927904214047
How sure are you?
50%
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1. Valuation of Ericsson (5 min.)




Live pricePrice per Share (EOD)

‚ā¨6.16

Intrinsic Value Per Share

‚ā¨10.89 - ‚ā¨90.85

Total Value Per Share

‚ā¨43.19 - ‚ā¨123.15

2. Growth of Ericsson (5 min.)




Is Ericsson growing?

Current yearPrevious yearGrowGrow %
How rich?$116.7b$141.9b-$21.9b-18.3%

How much money is Ericsson making?

Current yearPrevious yearGrowGrow %
Making money-$584m$399.1m-$983.1m-168.3%
Net Profit Margin-9.7%6.1%--

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

3. Financial Health of Ericsson (5 min.)




4. Comparing to competitors in the Communication Equipment industry (5 min.)




  Industry Rankings (Communication Equipment)  


Richest
#1 / 338

Most Revenue
#1 / 338

Most Profit
#338 / 338

Most Efficient
#240 / 338
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What can you expect buying and holding a share of Ericsson? (5 min.)

Welcome investor! Ericsson's management wants to use your money to grow the business. In return you get a share of Ericsson.

What can you expect buying and holding a share of Ericsson?

First you should know what it really means to hold a share of Ericsson. And how you can make/lose money.

Speculation

The Price per Share of Ericsson is ‚ā¨6.16. 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 Ericsson.
  • 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 Ericsson, 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 ‚ā¨32.30. Based on the TTM, the Book Value Change Per Share is ‚ā¨-1.36 per quarter. Based on the YOY, the Book Value Change Per Share is ‚ā¨1.19 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 ‚ā¨0.68 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ericsson.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share
Usd Eps0.071.2%-0.18-2.9%0.121.9%0.050.8%0.010.2%
Usd Book Value Change Per Share3.3153.8%-1.47-23.9%1.2921.0%0.376.1%-0.31-5.0%
Usd Dividend Per Share0.000.0%0.7412.0%1.0617.2%0.6911.3%0.7111.6%
Usd Total Gains Per Share3.3153.8%-0.73-11.9%2.3538.2%1.0717.3%0.406.6%
Usd Price Per Share5.44-5.50-6.56-8.31-8.24-
Price to Earnings Ratio19.19--9.13-17.61-15.12-5.55-
Price-to-Total Gains Ratio1.64--0.70-4.96-4.06--164.16-
Price to Book Ratio0.16-0.16-0.15-0.27-0.24-
Price-to-Total Gains Ratio1.64--0.70-4.96-4.06--164.16-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share6.679904
Number of shares149
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.740.69
Usd Book Value Change Per Share-1.470.37
Usd Total Gains Per Share-0.731.07
Gains per Quarter (149 shares)-109.31158.94
Gains per Year (149 shares)-437.24635.77
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1441-879-447413222626
2883-1757-8848274451262
31324-2636-132112406671898
41765-3514-175816548902534
52206-4393-2195206711123170
62648-5271-2632248013343806
73089-6150-3069289415574442
83530-7028-3506330717795078
93971-7907-3943372020015714
104413-8785-4380413422246350

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 Share2.02.00.050.0%10.02.00.083.3%17.03.00.085.0%28.012.00.070.0%78.023.00.077.2%
Book Value Change Per Share2.02.00.050.0%8.04.00.066.7%13.07.00.065.0%20.020.00.050.0%57.044.00.056.4%
Dividend per Share3.00.01.075.0%11.00.01.091.7%19.00.01.095.0%37.00.03.092.5%77.00.024.076.2%
Total Gains per Share2.02.00.050.0%9.03.00.075.0%15.05.00.075.0%25.015.00.062.5%68.033.00.067.3%
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Fundamentals of Ericsson

About Telefonaktiebolaget LM Ericsson Class B

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other. The Networks segment offers radio access network (RAN) solutions for various network spectrum bands, including purpose-built and open RAN-prepared hardware and software. This segment also provides cloud RAN; transport solutions; passive and active antennas; and a range of service portfolios covering network deployment and support. The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and managed network services. The Enterprise segment offers a global communications platform, including cloud-based unified communications as a service, contact center as a service, and communications platform as a service; enterprise wireless solutions comprising private wireless networks and wireless wan pre-packaged solutions; and technologies and new business solutions, such as mobile financial services, security solutions, and advertising services. The Other segment includes Redbee media that prepares and distributes live and video services for broadcasters, sports leagues, and communications service providers. It offers its services through wholesalers and distributors. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

Fundamental data was last updated by Penke on 2024-07-19 12:45:05.

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 less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.
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1.1. Profitability of Telefonaktiebolaget LM Ericsson Class B.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Ericsson earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare¬†Ericsson to the¬†Communication Equipment industry mean.
  • A Net Profit Margin of 4.8%¬†means that¬†€0.05 for each €1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Telefonaktiebolaget LM Ericsson Class B:

  • The MRQ is 4.8%. The company is making a profit. +1
  • The TTM is -9.7%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ4.8%TTM-9.7%+14.5%
TTM-9.7%YOY6.1%-15.8%
TTM-9.7%5Y2.8%-12.5%
5Y2.8%10Y0.5%+2.2%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ4.8%0.9%+3.9%
TTM-9.7%0.9%-10.6%
YOY6.1%2.6%+3.5%
5Y2.8%1.0%+1.8%
10Y0.5%1.2%-0.7%
1.1.2. Return on Assets

Shows how efficient Ericsson is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Ericsson to the¬†Communication Equipment industry mean.
  • 0.1% Return on Assets means that¬†Ericsson generated¬†€0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Telefonaktiebolaget LM Ericsson Class B:

  • The MRQ is 0.1%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -0.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.1%TTM-0.2%+0.2%
TTM-0.2%YOY0.1%-0.3%
TTM-0.2%5Y0.1%-0.2%
5Y0.1%10Y0.0%+0.0%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%0.2%-0.1%
TTM-0.2%0.2%-0.4%
YOY0.1%0.6%-0.5%
5Y0.1%0.4%-0.3%
10Y0.0%0.5%-0.5%
1.1.3. Return on Equity

Shows how efficient Ericsson is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Ericsson to the¬†Communication Equipment industry mean.
  • 0.2% Return on Equity means Ericsson generated €0.00¬†for each¬†€1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Telefonaktiebolaget LM Ericsson Class B:

  • The MRQ is 0.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -0.5%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.2%TTM-0.5%+0.7%
TTM-0.5%YOY0.3%-0.8%
TTM-0.5%5Y0.1%-0.6%
5Y0.1%10Y0.0%+0.1%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%0.4%-0.2%
TTM-0.5%0.6%-1.1%
YOY0.3%1.3%-1.0%
5Y0.1%0.7%-0.6%
10Y0.0%1.0%-1.0%
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1.2. Operating Efficiency of Telefonaktiebolaget LM Ericsson Class B.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ericsson is operating .

  • Measures how much profit Ericsson 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¬†Ericsson to the¬†Communication Equipment industry mean.
  • An Operating Margin of 0.0%¬†means the company generated €0.00 ¬†for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Telefonaktiebolaget LM Ericsson Class B:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM1.7%-1.7%
TTM1.7%YOY9.2%-7.4%
TTM1.7%5Y8.1%-6.4%
5Y8.1%10Y4.3%+3.8%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.9%-0.9%
TTM1.7%0.7%+1.0%
YOY9.2%3.1%+6.1%
5Y8.1%2.0%+6.1%
10Y4.3%1.7%+2.6%
1.2.2. Operating Ratio

Measures how efficient Ericsson is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Communication Equipment industry mean).
  • An Operation Ratio of 1.49 means that the operating costs are €1.49 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Telefonaktiebolaget LM Ericsson Class B:

  • The MRQ is 1.493. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.409. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.493TTM1.409+0.085
TTM1.409YOY0.910+0.499
TTM1.4095Y1.004+0.404
5Y1.00410Y1.000+0.004
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4931.612-0.119
TTM1.4091.586-0.177
YOY0.9101.533-0.623
5Y1.0041.551-0.547
10Y1.0001.320-0.320
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1.3. Liquidity of Telefonaktiebolaget LM Ericsson Class B.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ericsson is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Communication Equipment industry mean).
  • A Current Ratio of 1.22¬†means the company has €1.22 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Telefonaktiebolaget LM Ericsson Class B:

  • The MRQ is 1.216. The company is just able to pay all its short-term debts.
  • The TTM is 1.153. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.216TTM1.153+0.063
TTM1.153YOY1.272-0.119
TTM1.1535Y1.274-0.121
5Y1.27410Y1.499-0.225
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2161.902-0.686
TTM1.1531.950-0.797
YOY1.2721.885-0.613
5Y1.2741.955-0.681
10Y1.4991.831-0.332
1.3.2. Quick Ratio

Measures if Ericsson is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Ericsson to the¬†Communication Equipment industry mean.
  • A Quick Ratio of 0.47¬†means the company can pay off €0.47 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Telefonaktiebolaget LM Ericsson Class B:

  • The MRQ is 0.474. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.622. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.474TTM0.622-0.148
TTM0.622YOY0.993-0.371
TTM0.6225Y0.992-0.370
5Y0.99210Y1.286-0.295
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4740.757-0.283
TTM0.6220.817-0.195
YOY0.9930.927+0.066
5Y0.9921.006-0.014
10Y1.2861.062+0.224
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1.4. Solvency of Telefonaktiebolaget LM Ericsson Class B.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ericsson assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Ericsson to Communication Equipment industry mean.
  • A Debt to Asset Ratio of 0.64¬†means that Ericsson assets are¬†financed with 64.1% credit (debt) and the remaining percentage (100% - 64.1%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Telefonaktiebolaget LM Ericsson Class B:

  • The MRQ is 0.641. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.646. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.641TTM0.646-0.005
TTM0.646YOY0.623+0.023
TTM0.6465Y0.669-0.023
5Y0.66910Y0.611+0.058
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6410.459+0.182
TTM0.6460.455+0.191
YOY0.6230.475+0.148
5Y0.6690.473+0.196
10Y0.6110.456+0.155
1.4.2. Debt to Equity Ratio

Measures if Ericsson is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Ericsson to the¬†Communication Equipment industry mean.
  • A Debt to Equity ratio of 175.8% means that company has €1.76 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Telefonaktiebolaget LM Ericsson Class B:

  • The MRQ is 1.758. The company is just able to pay all its debts with equity.
  • The TTM is 1.810. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.758TTM1.810-0.052
TTM1.810YOY1.632+0.178
TTM1.8105Y2.031-0.221
5Y2.03110Y1.673+0.358
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7580.825+0.933
TTM1.8100.825+0.985
YOY1.6320.886+0.746
5Y2.0310.905+1.126
10Y1.6730.923+0.750
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2. Market Valuation of Telefonaktiebolaget LM Ericsson Class B

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 Ericsson generates.

  • Above 15 is considered overpriced but¬†always compare¬†Ericsson to the¬†Communication Equipment industry mean.
  • A PE ratio of 19.19 means the investor is paying €19.19¬†for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Telefonaktiebolaget LM Ericsson Class B:

  • The EOD is 23.563. Based on the earnings, the company is fair priced.
  • The MRQ is 19.190. Based on the earnings, the company is fair priced.
  • The TTM is -9.127. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD23.563MRQ19.190+4.372
MRQ19.190TTM-9.127+28.318
TTM-9.127YOY17.614-26.742
TTM-9.1275Y15.123-24.251
5Y15.12310Y5.552+9.571
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD23.5636.753+16.810
MRQ19.1906.347+12.843
TTM-9.1276.692-15.819
YOY17.6149.769+7.845
5Y15.12315.087+0.036
10Y5.55216.787-11.235
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Telefonaktiebolaget LM Ericsson Class B:

  • The EOD is 1.206. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 0.982. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 9.736. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.206MRQ0.982+0.224
MRQ0.982TTM9.736-8.754
TTM9.736YOY0.632+9.104
TTM9.7365Y2.415+7.321
5Y2.41510Y1.325+1.090
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD1.206-0.695+1.901
MRQ0.982-1.339+2.321
TTM9.7360.864+8.872
YOY0.6320.258+0.374
5Y2.4150.676+1.739
10Y1.3251.809-0.484
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ericsson is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Communication Equipment industry mean).
  • A PB ratio of 0.16 means the investor is paying €0.16¬†for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Telefonaktiebolaget LM Ericsson Class B:

  • The EOD is 0.191. Based on the equity, the company is cheap. +2
  • The MRQ is 0.155. Based on the equity, the company is cheap. +2
  • The TTM is 0.155. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.191MRQ0.155+0.035
MRQ0.155TTM0.155+0.000
TTM0.155YOY0.154+0.001
TTM0.1555Y0.268-0.112
5Y0.26810Y0.236+0.031
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD0.1911.802-1.611
MRQ0.1552.052-1.897
TTM0.1552.106-1.951
YOY0.1541.947-1.793
5Y0.2682.286-2.018
10Y0.2362.675-2.439
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Telefonaktiebolaget LM Ericsson Class B 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--3.055-1.359+145%1.194+156%0.344+788%-0.285+109%
Book Value Per Share--32.30533.220-3%39.286-18%30.446+6%33.978-5%
Current Ratio--1.2161.153+5%1.272-4%1.274-5%1.499-19%
Debt To Asset Ratio--0.6410.646-1%0.623+3%0.669-4%0.611+5%
Debt To Equity Ratio--1.7581.810-3%1.632+8%2.031-13%1.673+5%
Dividend Per Share---0.683-100%0.976-100%0.640-100%0.658-100%
Eps--0.065-0.162+348%0.110-41%0.045+47%0.013+398%
Free Cash Flow Per Share--1.2771.000+28%1.380-7%1.425-10%0.931+37%
Free Cash Flow To Equity Per Share---1.2730.497-356%-0.454-64%0.682-287%0.279-556%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--90.848--------
Intrinsic Value_10Y_min--10.886--------
Intrinsic Value_1Y_max--6.717--------
Intrinsic Value_1Y_min--3.298--------
Intrinsic Value_3Y_max--22.001--------
Intrinsic Value_3Y_min--8.056--------
Intrinsic Value_5Y_max--39.478--------
Intrinsic Value_5Y_min--10.747--------
Market Cap18911200788.480+12%16716479402.26416886505849.746-1%20163547000.000-17%25504434919.949-34%25180903059.975-34%
Net Profit Margin--0.048-0.097+303%0.061-21%0.028+72%0.005+773%
Operating Margin---0.017-100%0.092-100%0.081-100%0.043-100%
Operating Ratio--1.4931.409+6%0.910+64%1.004+49%1.000+49%
Pb Ratio0.191+19%0.1550.155+0%0.154+1%0.268-42%0.236-34%
Pe Ratio23.563+19%19.190-9.127+148%17.614+9%15.123+27%5.552+246%
Price Per Share6.160+19%5.0175.068-1%6.050-17%7.659-34%7.601-34%
Price To Free Cash Flow Ratio1.206+19%0.9829.736-90%0.632+55%2.415-59%1.325-26%
Price To Total Gains Ratio2.017+19%1.642-0.700+143%4.957-67%4.060-60%-164.162+10095%
Quick Ratio--0.4740.622-24%0.993-52%0.992-52%1.286-63%
Return On Assets--0.001-0.002+340%0.001-31%0.001+44%0.000+469%
Return On Equity--0.002-0.005+349%0.003-27%0.001+33%0.000+505%
Total Gains Per Share--3.055-0.677+122%2.169+41%0.984+211%0.373+718%
Usd Book Value--116723731600.000120053110700.000-3%141989980500.000-18%109966293000.000+6%122015440940.000-4%
Usd Book Value Change Per Share--3.312-1.474+145%1.295+156%0.373+788%-0.309+109%
Usd Book Value Per Share--35.03136.024-3%42.601-18%33.016+6%36.846-5%
Usd Dividend Per Share---0.740-100%1.058-100%0.694-100%0.714-100%
Usd Eps--0.071-0.176+348%0.120-41%0.048+47%0.014+398%
Usd Free Cash Flow--4614122000.0003609967600.000+28%4984986800.000-7%5145857540.000-10%3352531040.000+38%
Usd Free Cash Flow Per Share--1.3851.085+28%1.497-7%1.545-10%1.010+37%
Usd Free Cash Flow To Equity Per Share---1.3810.539-356%-0.493-64%0.740-287%0.303-556%
Usd Market Cap20507306135.028+12%18127350263.81518311726943.465-1%21865350366.800-17%27657009227.193-34%27306171278.237-34%
Usd Price Per Share6.680+19%5.4405.495-1%6.560-17%8.305-34%8.242-34%
Usd Profit--236150763.960-584009421.540+347%399121553.000-41%161535797.098+46%46840259.483+404%
Usd Revenue--4920961113.0005862772625.030-16%6437576873.180-24%5681073114.792-13%5403803602.629-9%
Usd Total Gains Per Share--3.312-0.734+122%2.352+41%1.067+211%0.405+718%
 EOD+4 -4MRQTTM+19 -16YOY+5 -305Y+18 -1710Y+17 -18

3.2. Fundamental Score

Let's check the fundamental score of Telefonaktiebolaget LM Ericsson Class B based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1523.563
Price to Book Ratio (EOD)Between0-10.191
Net Profit Margin (MRQ)Greater than00.048
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.474
Current Ratio (MRQ)Greater than11.216
Debt to Asset Ratio (MRQ)Less than10.641
Debt to Equity Ratio (MRQ)Less than11.758
Return on Equity (MRQ)Greater than0.150.002
Return on Assets (MRQ)Greater than0.050.001
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Telefonaktiebolaget LM Ericsson Class B based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5064.596
Ma 20Greater thanMa 505.949
Ma 50Greater thanMa 1005.711
Ma 100Greater thanMa 2005.301
OpenGreater thanClose6.160
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets299,523,000
Total Liabilities191,884,000
Total Stockholder Equity109,137,000
 As reported
Total Liabilities 191,884,000
Total Stockholder Equity+ 109,137,000
Total Assets = 299,523,000

Assets

Total Assets299,523,000
Total Current Assets151,177,000
Long-term Assets148,346,000
Total Current Assets
Cash And Cash Equivalents 31,848,000
Short-term Investments 12,665,000
Net Receivables 46,246,000
Inventory 34,564,000
Total Current Assets  (as reported)151,177,000
Total Current Assets  (calculated)125,323,000
+/- 25,854,000
Long-term Assets
Property Plant Equipment 18,346,000
Goodwill 56,220,000
Long Term Investments 22,292,000
Intangible Assets 28,197,000
Long-term Assets  (as reported)148,346,000
Long-term Assets  (calculated)125,055,000
+/- 23,291,000

Liabilities & Shareholders' Equity

Total Current Liabilities124,298,000
Long-term Liabilities67,586,000
Total Stockholder Equity109,137,000
Total Current Liabilities
Short Long Term Debt 8,491,000
Accounts payable 25,305,000
Other Current Liabilities 35,786,000
Total Current Liabilities  (as reported)124,298,000
Total Current Liabilities  (calculated)69,582,000
+/- 54,716,000
Long-term Liabilities
Long term Debt 32,675,000
Capital Lease Obligations Min Short Term Debt7,535,000
Long-term Liabilities Other 839,000
Long-term Liabilities  (as reported)67,586,000
Long-term Liabilities  (calculated)41,049,000
+/- 26,537,000
Total Stockholder Equity
Total Stockholder Equity (as reported)109,137,000
Total Stockholder Equity (calculated)0
+/- 109,137,000
Other
Common Stock Shares Outstanding 3,331,967
Net Debt 9,318,000
Net Invested Capital 150,303,000
Net Working Capital 26,879,000
Property Plant and Equipment Gross 18,346,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-311999-12-311999-09-301999-06-301999-03-311998-12-311998-09-301998-06-301998-03-311997-12-311997-09-301997-06-301997-03-311996-12-311996-09-301996-06-301996-03-311995-12-311995-09-301995-06-301995-03-311994-12-311994-09-301994-06-301994-03-311993-12-311993-09-301993-06-301993-03-311992-12-311992-09-301992-06-301992-03-311991-12-311991-09-301991-06-301991-03-311990-12-311990-09-301990-06-301990-03-311989-12-311989-09-301989-06-301989-03-311988-12-311988-09-301988-06-301988-03-311987-12-311987-09-301987-06-301987-03-311986-12-311986-09-301986-06-301986-03-31
> Total Assets 
0
0
0
34,346,729
0
0
0
33,403,831
0
0
0
34,714,855
0
0
0
40,552,532
0
0
0
46,944,039
0
0
0
49,969,722
0
0
0
56,061,565
0
0
0
67,503,498
0
0
0
72,916,348
0
0
0
89,996,116
0
0
0
112,084,051
0
0
0
148,173,243
0
152,673,493
155,142,296
167,585,867
164,425,075
178,716,000
182,727,313
202,424,688
208,943,194
223,832,530
239,607,489
252,123,061
248,852,351
245,489,735
238,200,014
249,945,056
260,344,785
217,810,423
237,308,533
208,703,467
204,462,078
188,949,371
183,285,600
182,213,519
187,839,251
184,932,741
180,280,231
184,255,461
188,962,464
194,313,546
195,173,478
208,688,943
215,336,929
199,231,167
210,029,484
214,316,540
224,964,309
232,834,136
230,556,763
245,554,752
240,056,326
238,407,182
263,782,346
285,684,000
282,516,000
281,314,000
268,273,000
269,809,000
267,830,000
276,829,000
269,235,000
281,815,000
278,107,000
275,187,000
288,790,000
280,349,000
280,817,000
277,678,000
272,971,000
274,996,000
270,500,000
261,443,000
255,658,000
269,190,000
267,189,000
265,549,000
274,021,000
293,558,000
0
278,916,000
278,378,000
284,363,000
280,325,000
277,387,000
275,718,000
283,347,000
292,207,000
274,931,000
267,240,000
260,544,000
260,681,000
265,322,000
264,848,000
268,761,000
283,958,000
280,447,000
288,531,000
276,383,000
292,307,000
276,778,000
277,187,000
271,530,000
270,319,000
281,045,000
290,527,000
305,614,000
323,935,000
332,453,000
361,166,000
349,537,000
345,658,000
343,358,000
306,349,000
297,036,000
299,523,000
299,523,000297,036,000306,349,000343,358,000345,658,000349,537,000361,166,000332,453,000323,935,000305,614,000290,527,000281,045,000270,319,000271,530,000277,187,000276,778,000292,307,000276,383,000288,531,000280,447,000283,958,000268,761,000264,848,000265,322,000260,681,000260,544,000267,240,000274,931,000292,207,000283,347,000275,718,000277,387,000280,325,000284,363,000278,378,000278,916,0000293,558,000274,021,000265,549,000267,189,000269,190,000255,658,000261,443,000270,500,000274,996,000272,971,000277,678,000280,817,000280,349,000288,790,000275,187,000278,107,000281,815,000269,235,000276,829,000267,830,000269,809,000268,273,000281,314,000282,516,000285,684,000263,782,346238,407,182240,056,326245,554,752230,556,763232,834,136224,964,309214,316,540210,029,484199,231,167215,336,929208,688,943195,173,478194,313,546188,962,464184,255,461180,280,231184,932,741187,839,251182,213,519183,285,600188,949,371204,462,078208,703,467237,308,533217,810,423260,344,785249,945,056238,200,014245,489,735248,852,351252,123,061239,607,489223,832,530208,943,194202,424,688182,727,313178,716,000164,425,075167,585,867155,142,296152,673,4930148,173,243000112,084,05100089,996,11600072,916,34800067,503,49800056,061,56500049,969,72200046,944,03900040,552,53200034,714,85500033,403,83100034,346,729000
   > Total Current Assets 
0
0
0
24,330,909
0
0
0
23,922,896
0
0
0
24,660,635
0
0
0
29,395,006
0
0
0
34,280,178
0
0
0
34,139,364
0
0
0
39,289,404
0
0
0
46,731,011
0
0
0
51,155,960
0
0
0
67,209,789
0
0
0
84,523,865
0
0
0
118,611,684
0
119,339,088
119,821,511
125,632,630
123,501,501
131,524,800
135,364,485
151,120,147
157,859,720
174,878,543
186,592,362
201,257,960
196,334,608
191,675,218
176,552,766
195,272,522
179,066,869
153,072,554
171,761,938
142,971,392
139,331,115
131,986,458
128,550,337
129,641,145
136,454,241
135,452,057
132,223,943
137,792,140
139,204,611
144,001,333
147,252,974
158,047,855
152,254,740
136,894,371
146,090,876
151,130,006
143,371,651
145,405,974
143,412,639
158,386,700
159,318,641
157,249,085
179,921,588
198,525,000
187,878,000
192,834,000
188,149,000
182,442,000
182,414,000
185,933,000
185,265,000
198,443,000
198,268,000
194,407,000
202,864,000
198,816,000
192,002,000
188,737,000
188,927,000
193,254,000
190,072,000
180,133,000
176,051,000
190,896,000
188,706,000
183,278,000
187,611,000
201,789,000
0
185,499,000
184,368,000
189,525,000
186,415,000
179,727,000
174,976,000
175,771,000
174,534,000
157,784,000
152,488,000
154,820,000
151,015,000
157,451,000
156,220,000
161,167,000
160,912,000
163,806,000
165,633,000
153,914,000
162,093,000
151,643,000
155,737,000
149,795,000
146,305,000
160,153,000
163,103,000
174,805,000
207,130,000
223,358,000
176,792,000
173,803,000
174,752,000
162,826,000
160,448,000
154,988,000
151,177,000
151,177,000154,988,000160,448,000162,826,000174,752,000173,803,000176,792,000223,358,000207,130,000174,805,000163,103,000160,153,000146,305,000149,795,000155,737,000151,643,000162,093,000153,914,000165,633,000163,806,000160,912,000161,167,000156,220,000157,451,000151,015,000154,820,000152,488,000157,784,000174,534,000175,771,000174,976,000179,727,000186,415,000189,525,000184,368,000185,499,0000201,789,000187,611,000183,278,000188,706,000190,896,000176,051,000180,133,000190,072,000193,254,000188,927,000188,737,000192,002,000198,816,000202,864,000194,407,000198,268,000198,443,000185,265,000185,933,000182,414,000182,442,000188,149,000192,834,000187,878,000198,525,000179,921,588157,249,085159,318,641158,386,700143,412,639145,405,974143,371,651151,130,006146,090,876136,894,371152,254,740158,047,855147,252,974144,001,333139,204,611137,792,140132,223,943135,452,057136,454,241129,641,145128,550,337131,986,458139,331,115142,971,392171,761,938153,072,554179,066,869195,272,522176,552,766191,675,218196,334,608201,257,960186,592,362174,878,543157,859,720151,120,147135,364,485131,524,800123,501,501125,632,630119,821,511119,339,0880118,611,68400084,523,86500067,209,78900051,155,96000046,731,01100039,289,40400034,139,36400034,280,17800029,395,00600024,660,63500023,922,89600024,330,909000
       Cash And Cash Equivalents 
0
0
0
2,784,430
0
0
0
3,403,516
0
0
0
3,790,121
0
0
0
5,081,859
0
0
0
6,734,808
0
0
0
7,866,141
0
0
0
9,217,866
0
0
0
8,801,760
0
0
0
11,878,687
0
0
0
15,243,683
0
0
0
19,045,210
0
0
0
29,275,556
0
22,923,396
21,571,807
18,247,590
16,421,980
12,211,200
20,556,925
28,982,296
23,800,255
27,592,889
23,863,092
16,945,541
20,770,550
35,869,172
39,885,001
32,774,183
56,033,683
47,459,176
74,429,555
17,999,620
67,030,933
62,245,248
69,613,020
16,568,133
74,313,179
77,827,271
72,615,803
12,283,254
22,563,210
16,338,583
23,077,710
41,712,369
23,763,785
16,669,289
18,543,884
29,879,063
26,178,604
25,546,879
20,611,625
28,363,128
35,392,920
30,697,885
33,756,539
37,813,000
24,348,000
36,963,000
25,685,000
22,798,000
21,039,000
15,610,000
21,197,000
30,864,000
30,756,000
29,464,000
36,262,000
38,676,000
30,638,000
28,707,000
32,845,000
44,682,000
37,444,000
38,479,000
35,163,000
42,095,000
38,096,000
33,088,000
32,042,000
40,988,000
0
32,962,000
33,950,000
40,224,000
35,934,000
28,931,000
24,401,000
36,966,000
32,954,000
21,446,000
26,210,000
35,884,000
36,697,000
37,049,000
36,058,000
38,389,000
45,453,000
45,498,000
51,183,000
45,079,000
48,347,000
45,655,000
48,774,000
43,612,000
40,543,000
43,273,000
46,476,000
54,050,000
76,856,000
93,618,000
36,749,000
38,349,000
34,133,000
22,331,000
26,900,000
35,190,000
31,848,000
31,848,00035,190,00026,900,00022,331,00034,133,00038,349,00036,749,00093,618,00076,856,00054,050,00046,476,00043,273,00040,543,00043,612,00048,774,00045,655,00048,347,00045,079,00051,183,00045,498,00045,453,00038,389,00036,058,00037,049,00036,697,00035,884,00026,210,00021,446,00032,954,00036,966,00024,401,00028,931,00035,934,00040,224,00033,950,00032,962,000040,988,00032,042,00033,088,00038,096,00042,095,00035,163,00038,479,00037,444,00044,682,00032,845,00028,707,00030,638,00038,676,00036,262,00029,464,00030,756,00030,864,00021,197,00015,610,00021,039,00022,798,00025,685,00036,963,00024,348,00037,813,00033,756,53930,697,88535,392,92028,363,12820,611,62525,546,87926,178,60429,879,06318,543,88416,669,28923,763,78541,712,36923,077,71016,338,58322,563,21012,283,25472,615,80377,827,27174,313,17916,568,13369,613,02062,245,24867,030,93317,999,62074,429,55547,459,17656,033,68332,774,18339,885,00135,869,17220,770,55016,945,54123,863,09227,592,88923,800,25528,982,29620,556,92512,211,20016,421,98018,247,59021,571,80722,923,396029,275,55600019,045,21000015,243,68300011,878,6870008,801,7600009,217,8660007,866,1410006,734,8080005,081,8590003,790,1210003,403,5160002,784,430000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
18,910,654
0
0
0
36,032,742
0
0
0
48,349,535
0
0
0
56,568,852
0
0
0
64,778,351
49,015,409
55,841,715
47,409,558
39,742,331
42,633,195
32,956,453
36,786,898
32,214,752
25,494,652
23,099,520
23,307,932
29,457,504
24,876,642
26,414,038
31,953,231
39,167,000
39,707,000
38,556,000
54,104,000
55,370,000
56,816,000
51,980,000
54,977,000
59,409,000
52,286,000
49,264,000
40,680,000
44,711,000
44,992,000
37,674,000
35,976,000
32,026,000
34,641,000
26,335,000
25,505,000
34,994,000
41,779,000
35,310,000
34,011,000
31,171,000
0
20,807,000
17,597,000
26,046,000
25,077,000
19,846,000
18,663,000
13,325,000
13,548,000
10,754,000
6,526,000
6,713,000
5,453,000
8,304,000
6,591,000
6,625,000
3,183,000
6,367,000
5,866,000
6,759,000
7,834,000
5,739,000
5,552,000
6,820,000
4,599,000
12,855,000
15,016,000
12,932,000
12,292,000
6,936,000
10,918,000
8,736,000
9,259,000
15,522,000
20,722,000
15,154,000
12,665,000
12,665,00015,154,00020,722,00015,522,0009,259,0008,736,00010,918,0006,936,00012,292,00012,932,00015,016,00012,855,0004,599,0006,820,0005,552,0005,739,0007,834,0006,759,0005,866,0006,367,0003,183,0006,625,0006,591,0008,304,0005,453,0006,713,0006,526,00010,754,00013,548,00013,325,00018,663,00019,846,00025,077,00026,046,00017,597,00020,807,000031,171,00034,011,00035,310,00041,779,00034,994,00025,505,00026,335,00034,641,00032,026,00035,976,00037,674,00044,992,00044,711,00040,680,00049,264,00052,286,00059,409,00054,977,00051,980,00056,816,00055,370,00054,104,00038,556,00039,707,00039,167,00031,953,23126,414,03824,876,64229,457,50423,307,93223,099,52025,494,65232,214,75236,786,89832,956,45342,633,19539,742,33147,409,55855,841,71549,015,40964,778,35100056,568,85200048,349,53500036,032,74200018,910,65400000000000000000000000000000000000000000000000000000000000
       Net Receivables 
0
0
0
9,519,907
0
0
0
10,272,409
0
0
0
10,185,528
0
0
0
12,151,333
0
0
0
15,434,939
0
0
0
13,582,969
0
0
0
15,773,170
0
0
0
18,162,799
0
0
0
20,642,699
0
0
0
25,145,681
0
0
0
35,366,727
0
0
0
46,380,108
0
71,119,257
70,688,789
57,775,925
78,242,524
88,946,720
83,693,712
67,631,035
99,273,143
106,575,991
114,152,214
79,895,613
127,289,648
124,154,244
108,480,372
101,560,152
98,380,858
81,961,622
76,729,110
63,168,150
57,868,856
56,922,956
47,540,599
45,542,598
47,724,336
42,876,748
43,157,487
46,643,076
49,602,293
52,553,692
57,009,142
57,401,176
62,335,193
61,204,841
65,692,462
67,618,880
64,717,194
69,859,128
73,900,688
69,275,969
72,615,791
71,710,740
82,806,516
93,709,000
75,202,000
86,118,000
79,711,000
77,393,000
62,695,000
69,385,000
57,831,000
78,273,000
60,622,000
78,121,000
84,187,000
82,359,000
81,028,000
86,657,000
84,979,000
87,744,000
88,176,000
85,634,000
87,294,000
91,048,000
83,869,000
87,965,000
93,029,000
101,455,000
0
99,403,000
100,634,000
88,471,000
93,152,000
96,290,000
97,772,000
95,173,000
94,094,000
91,390,000
86,994,000
87,263,000
79,856,000
82,048,000
82,936,000
86,898,000
79,252,000
75,806,000
72,528,000
71,213,000
73,324,000
68,332,000
68,607,000
71,266,000
70,913,000
73,510,000
66,788,000
72,659,000
76,703,000
74,938,000
76,106,000
80,872,000
77,359,000
77,591,000
79,392,000
42,215,000
46,246,000
46,246,00042,215,00079,392,00077,591,00077,359,00080,872,00076,106,00074,938,00076,703,00072,659,00066,788,00073,510,00070,913,00071,266,00068,607,00068,332,00073,324,00071,213,00072,528,00075,806,00079,252,00086,898,00082,936,00082,048,00079,856,00087,263,00086,994,00091,390,00094,094,00095,173,00097,772,00096,290,00093,152,00088,471,000100,634,00099,403,0000101,455,00093,029,00087,965,00083,869,00091,048,00087,294,00085,634,00088,176,00087,744,00084,979,00086,657,00081,028,00082,359,00084,187,00078,121,00060,622,00078,273,00057,831,00069,385,00062,695,00077,393,00079,711,00086,118,00075,202,00093,709,00082,806,51671,710,74072,615,79169,275,96973,900,68869,859,12864,717,19467,618,88065,692,46261,204,84162,335,19357,401,17657,009,14252,553,69249,602,29346,643,07643,157,48742,876,74847,724,33645,542,59847,540,59956,922,95657,868,85663,168,15076,729,11081,961,62298,380,858101,560,152108,480,372124,154,244127,289,64879,895,613114,152,214106,575,99199,273,14367,631,03583,693,71288,946,72078,242,52457,775,92570,688,78971,119,257046,380,10800035,366,72700025,145,68100020,642,69900018,162,79900015,773,17000013,582,96900015,434,93900012,151,33300010,185,52800010,272,4090009,519,907000
       Other Current Assets 
0
0
0
2,472,791
0
0
0
1,861,614
0
0
0
2,493,000
0
0
0
2,586,243
0
0
0
2,789,582
0
0
0
3,462,752
0
0
0
4,041,919
0
0
0
5,933,687
0
0
0
5,843,913
0
0
0
7,647,357
0
0
0
6,630,402
0
0
0
14,919,809
0
-7,990
-7,870
17,347,376
0
-8,480
-8,190
22,194,494
0
0
-9,669
29,846,935
0
0
0
10,478
0
0
0
8,691
0
0
7,753
7,188
7,532
-7,513
0
-6,658
-7,071
-7,810
7,742
0
7,781
2,927,219
0
6,830
2,924,243
2,283,291
6,435
6,242,478
1,942,838
1,843,681
1,671,528
0
17,918,000
2,161,000
1,875,000
1,760,000
17,738,000
19,561,000
20,956,000
0
22,458,000
2,414,000
3,110,000
0
2,798,000
2,581,000
2,703,000
6,751,000
0
0
0
5,175,000
0
0
0
6,338,000
0
0
0
6,348,000
0
0
0
6,993,000
0
0
0
4,091,000
11,712,000
0
0
2,773,000
0
0
0
1,972,000
0
0
0
3,835,000
0
0
0
743,000
0
0
0
1,594,000
7,784,000
0
0
0
0
00007,784,0001,594,000000743,0000003,835,0000001,972,0000002,773,0000011,712,0004,091,0000006,993,0000006,348,0000006,338,0000005,175,0000006,751,0002,703,0002,581,0002,798,00003,110,0002,414,00022,458,000020,956,00019,561,00017,738,0001,760,0001,875,0002,161,00017,918,00001,671,5281,843,6811,942,8386,242,4786,4352,283,2912,924,2436,83002,927,2197,78107,742-7,810-7,071-6,6580-7,5137,5327,1887,753008,69100010,47800029,846,935-9,6690022,194,494-8,190-8,480017,347,376-7,870-7,990014,919,8090006,630,4020007,647,3570005,843,9130005,933,6870004,041,9190003,462,7520002,789,5820002,586,2430002,493,0000001,861,6140002,472,791000
   > Long-term Assets 
0
0
0
10,015,820
0
0
0
9,480,934
0
0
0
10,054,220
0
0
0
11,157,526
0
0
0
12,663,861
0
0
0
15,830,358
0
0
0
16,772,161
0
0
0
20,772,487
0
0
0
21,760,388
0
0
0
22,786,327
0
0
0
27,560,186
0
0
0
29,561,559
0
33,334,405
35,320,784
41,953,237
40,923,574
47,191,200
47,362,828
51,304,541
51,083,475
48,953,987
53,015,127
50,865,101
52,517,744
53,814,517
61,647,248
54,672,534
81,277,916
64,737,869
65,546,596
65,732,075
65,130,963
56,962,913
54,735,262
52,572,374
51,385,010
49,480,684
48,056,288
46,463,321
49,757,853
50,312,213
47,920,504
50,641,088
63,082,188
62,336,795
63,938,608
63,186,534
81,592,658
87,428,162
87,144,124
87,168,052
80,737,685
81,158,097
83,860,758
87,159,000
94,638,000
88,480,000
80,124,000
87,367,000
85,416,000
90,896,000
83,970,000
83,372,000
79,839,000
80,780,000
85,926,000
81,533,000
88,815,000
88,941,000
84,044,000
81,742,000
80,428,000
81,310,000
79,607,000
78,294,000
78,483,000
82,271,000
86,410,000
91,769,000
0
93,417,000
94,010,000
94,838,000
93,910,000
97,660,000
100,742,000
107,576,000
117,673,000
117,147,000
114,752,000
105,724,000
109,666,000
107,871,000
108,628,000
107,594,000
123,046,000
116,641,000
122,898,000
122,469,000
130,214,000
125,135,000
121,450,000
121,735,000
124,014,000
120,892,000
127,424,000
130,809,000
116,805,000
109,095,000
184,374,000
175,734,000
170,906,000
180,532,000
145,901,000
142,048,000
148,346,000
148,346,000142,048,000145,901,000180,532,000170,906,000175,734,000184,374,000109,095,000116,805,000130,809,000127,424,000120,892,000124,014,000121,735,000121,450,000125,135,000130,214,000122,469,000122,898,000116,641,000123,046,000107,594,000108,628,000107,871,000109,666,000105,724,000114,752,000117,147,000117,673,000107,576,000100,742,00097,660,00093,910,00094,838,00094,010,00093,417,000091,769,00086,410,00082,271,00078,483,00078,294,00079,607,00081,310,00080,428,00081,742,00084,044,00088,941,00088,815,00081,533,00085,926,00080,780,00079,839,00083,372,00083,970,00090,896,00085,416,00087,367,00080,124,00088,480,00094,638,00087,159,00083,860,75881,158,09780,737,68587,168,05287,144,12487,428,16281,592,65863,186,53463,938,60862,336,79563,082,18850,641,08847,920,50450,312,21349,757,85346,463,32148,056,28849,480,68451,385,01052,572,37454,735,26256,962,91365,130,96365,732,07565,546,59664,737,86981,277,91654,672,53461,647,24853,814,51752,517,74450,865,10153,015,12748,953,98751,083,47551,304,54147,362,82847,191,20040,923,57441,953,23735,320,78433,334,405029,561,55900027,560,18600022,786,32700021,760,38800020,772,48700016,772,16100015,830,35800012,663,86100011,157,52600010,054,2200009,480,93400010,015,820000
       Property Plant Equipment 
0
0
0
6,858,100
0
0
0
6,802,985
0
0
0
6,696,064
0
0
0
7,718,039
0
0
0
9,015,256
0
0
0
10,549,857
0
0
0
11,081,518
0
0
0
12,365,806
0
0
0
13,662,532
0
0
0
15,378,219
0
0
0
17,745,266
0
0
0
19,321,073
0
19,799,294
20,100,108
22,529,691
21,939,765
23,065,600
23,439,809
24,698,401
25,073,876
24,353,417
23,921,106
22,537,094
23,468,024
24,131,540
22,968,296
16,072,761
16,988,715
14,165,415
12,443,561
9,986,269
8,815,860
7,551,901
6,403,871
6,505,059
6,070,994
5,897,713
5,743,170
5,885,310
5,868,839
6,490,135
6,433,270
6,958,681
8,076,886
8,413,953
8,292,279
7,860,755
8,172,526
8,435,871
8,526,508
9,318,388
9,114,108
9,290,704
9,585,276
9,995,000
10,107,000
10,161,000
9,468,000
9,606,000
9,319,000
9,810,000
9,290,000
9,434,000
9,171,000
9,772,000
11,310,000
10,788,000
11,268,000
11,435,000
11,559,000
11,493,000
11,461,000
11,766,000
11,230,000
11,433,000
11,209,000
11,924,000
12,674,000
13,341,000
0
15,309,000
15,774,000
15,901,000
16,127,000
16,856,000
17,082,000
16,734,000
16,645,000
16,276,000
13,884,000
12,857,000
12,912,000
12,894,000
12,810,000
12,849,000
21,628,000
21,419,000
22,016,000
22,337,000
22,833,000
22,247,000
22,125,000
21,363,000
21,872,000
21,724,000
21,781,000
21,528,000
21,540,000
21,893,000
22,512,000
22,106,000
21,630,000
21,184,000
20,078,000
18,515,000
18,346,000
18,346,00018,515,00020,078,00021,184,00021,630,00022,106,00022,512,00021,893,00021,540,00021,528,00021,781,00021,724,00021,872,00021,363,00022,125,00022,247,00022,833,00022,337,00022,016,00021,419,00021,628,00012,849,00012,810,00012,894,00012,912,00012,857,00013,884,00016,276,00016,645,00016,734,00017,082,00016,856,00016,127,00015,901,00015,774,00015,309,000013,341,00012,674,00011,924,00011,209,00011,433,00011,230,00011,766,00011,461,00011,493,00011,559,00011,435,00011,268,00010,788,00011,310,0009,772,0009,171,0009,434,0009,290,0009,810,0009,319,0009,606,0009,468,00010,161,00010,107,0009,995,0009,585,2769,290,7049,114,1089,318,3888,526,5088,435,8718,172,5267,860,7558,292,2798,413,9538,076,8866,958,6816,433,2706,490,1355,868,8395,885,3105,743,1705,897,7136,070,9946,505,0596,403,8717,551,9018,815,8609,986,26912,443,56114,165,41516,988,71516,072,76122,968,29624,131,54023,468,02422,537,09423,921,10624,353,41725,073,87624,698,40123,439,80923,065,60021,939,76522,529,69120,100,10819,799,294019,321,07300017,745,26600015,378,21900013,662,53200012,365,80600011,081,51800010,549,8570009,015,2560007,718,0390006,696,0640006,802,9850006,858,100000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,964,763
7,088,798
6,802,182
16,526,509
22,436,408
22,162,484
22,865,344
21,151,384
21,142,076
23,061,535
24,877,000
26,230,000
25,241,000
23,791,000
27,375,000
27,638,000
30,003,000
26,346,000
27,151,000
25,782,000
26,293,000
27,708,000
27,438,000
31,245,000
31,342,000
30,319,000
30,404,000
30,297,000
30,855,000
31,611,000
31,544,000
32,114,000
34,243,000
35,179,000
38,330,000
0
39,872,000
41,524,000
41,087,000
40,316,000
41,913,000
41,976,000
43,387,000
43,042,000
41,364,000
40,200,000
27,815,000
28,777,000
30,145,000
30,514,000
30,035,000
30,870,000
30,964,000
32,565,000
31,200,000
33,082,000
31,130,000
30,314,000
34,945,000
36,659,000
36,436,000
37,164,000
38,204,000
39,162,000
42,210,000
92,933,000
84,570,000
84,558,000
89,068,000
56,717,000
52,944,000
56,220,000
56,220,00052,944,00056,717,00089,068,00084,558,00084,570,00092,933,00042,210,00039,162,00038,204,00037,164,00036,436,00036,659,00034,945,00030,314,00031,130,00033,082,00031,200,00032,565,00030,964,00030,870,00030,035,00030,514,00030,145,00028,777,00027,815,00040,200,00041,364,00043,042,00043,387,00041,976,00041,913,00040,316,00041,087,00041,524,00039,872,000038,330,00035,179,00034,243,00032,114,00031,544,00031,611,00030,855,00030,297,00030,404,00030,319,00031,342,00031,245,00027,438,00027,708,00026,293,00025,782,00027,151,00026,346,00030,003,00027,638,00027,375,00023,791,00025,241,00026,230,00024,877,00023,061,53521,142,07621,151,38422,865,34422,162,48422,436,40816,526,5096,802,1827,088,7986,964,763000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
25,494,000
28,437,000
29,287,000
32,905,000
34,228,000
30,551,000
31,465,000
32,667,000
34,206,000
28,651,000
31,066,000
31,227,000
35,888,000
34,409,000
33,216,000
30,469,000
131,906,000
29,487,000
35,786,000
40,610,000
24,677,000
14,362,000
14,111,000
19,204,000
14,746,000
17,156,000
16,971,000
20,869,000
22,292,000
22,292,00020,869,00016,971,00017,156,00014,746,00019,204,00014,111,00014,362,00024,677,00040,610,00035,786,00029,487,000131,906,00030,469,00033,216,00034,409,00035,888,00031,227,00031,066,00028,651,00034,206,00032,667,00031,465,00030,551,00034,228,00032,905,00029,287,00028,437,00025,494,0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,122,617
0
0
0
754,729
0
0
4,053,076
6,358,271
6,322,462
10,277,760
10,876,333
10,535,146
10,552,862
10,442,223
12,627,714
12,929,875
13,352,496
13,502,043
13,170,482
13,055,189
31,589,041
12,682,030
12,712,460
12,637,107
12,750,908
11,939,196
11,365,707
11,198,764
11,207,988
11,344,645
5,815,961
10,485,704
14,424,616
14,932,777
14,740,006
14,449,590
28,992,751
5,609,302
5,261,561
20,584,113
25,697,046
25,034,164
28,102,082
27,670,239
25,732,203
24,214,877
24,122,712
23,369,000
21,620,000
19,377,000
16,928,000
20,818,000
19,296,000
19,507,000
17,191,000
19,668,000
18,435,000
17,569,000
17,101,000
16,606,000
20,792,000
21,411,000
20,089,000
19,042,000
18,024,000
17,096,000
16,859,000
16,163,000
15,101,000
14,847,000
15,074,000
16,104,000
0
14,771,000
14,539,000
14,809,000
14,749,000
15,099,000
15,513,000
15,823,000
12,329,000
11,319,000
10,113,000
8,741,000
8,082,000
9,341,000
8,411,000
7,711,000
6,653,000
6,438,000
6,433,000
6,531,000
6,800,000
6,267,000
6,069,000
8,662,000
8,498,000
8,070,000
7,646,000
7,358,000
7,157,000
7,269,000
31,113,000
30,045,000
29,402,000
30,681,000
29,950,000
27,345,000
28,197,000
28,197,00027,345,00029,950,00030,681,00029,402,00030,045,00031,113,0007,269,0007,157,0007,358,0007,646,0008,070,0008,498,0008,662,0006,069,0006,267,0006,800,0006,531,0006,433,0006,438,0006,653,0007,711,0008,411,0009,341,0008,082,0008,741,00010,113,00011,319,00012,329,00015,823,00015,513,00015,099,00014,749,00014,809,00014,539,00014,771,000016,104,00015,074,00014,847,00015,101,00016,163,00016,859,00017,096,00018,024,00019,042,00020,089,00021,411,00020,792,00016,606,00017,101,00017,569,00018,435,00019,668,00017,191,00019,507,00019,296,00020,818,00016,928,00019,377,00021,620,00023,369,00024,122,71224,214,87725,732,20327,670,23928,102,08225,034,16425,697,04620,584,1135,261,5615,609,30228,992,75114,449,59014,740,00614,932,77714,424,61610,485,7045,815,96111,344,64511,207,98811,198,76411,365,70711,939,19612,750,90812,637,10712,712,46012,682,03031,589,04113,055,18913,170,48213,502,04313,352,49612,929,87512,627,71410,442,22310,552,86210,535,14610,876,33310,277,7606,322,4626,358,2714,053,07600754,7290003,122,6170000000000000000000000000000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26,623,000
25,836,000
26,605,000
27,999,000
29,896,000
30,398,000
30,346,000
28,569,000
35,592,000
35,568,000
37,337,000
37,476,000
37,671,000
36,713,000
34,973,000
31,374,000
34,610,000
34,847,000
34,696,000
33,422,000
34,507,000
35,082,000
35,532,000
30,353,000
32,015,000
0
36,178,000
0
0
0036,178,000032,015,00030,353,00035,532,00035,082,00034,507,00033,422,00034,696,00034,847,00034,610,00031,374,00034,973,00036,713,00037,671,00037,476,00037,337,00035,568,00035,592,00028,569,00030,346,00030,398,00029,896,00027,999,00026,605,00025,836,00026,623,0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
0
0
0
27,023,203
0
0
0
25,908,811
0
0
0
26,065,133
0
0
0
29,605,235
0
0
0
30,269,908
0
0
0
31,038,825
0
0
0
36,839,649
0
0
0
44,198,838
0
0
0
47,855,623
0
0
0
54,315,519
0
0
0
68,243,615
0
0
0
90,869,420
0
93,786,972
95,266,955
102,373,035
100,018,069
115,582,400
118,255,554
131,139,993
132,621,226
138,670,599
146,823,765
156,990,702
152,645,904
166,198,853
162,539,117
177,858,618
179,689,927
155,325,102
151,483,199
132,463,646
133,082,326
120,886,362
120,130,721
119,484,628
122,105,305
115,580,146
106,623,524
105,376,335
101,064,231
103,896,829
99,053,772
103,236,325
107,263,842
91,803,657
96,432,600
93,775,865
97,735,316
106,268,729
100,464,781
110,266,517
105,584,619
108,180,671
127,570,169
143,600,000
135,693,000
138,370,000
128,844,000
128,782,000
126,377,000
136,405,000
130,166,000
135,030,000
130,405,000
132,297,000
145,286,000
135,079,000
128,349,000
131,931,000
128,429,000
136,513,000
131,331,000
127,577,000
121,708,000
127,567,000
124,556,000
127,591,000
130,647,000
148,249,000
0
142,191,000
140,394,000
136,997,000
134,681,000
140,696,000
141,706,000
142,855,000
165,366,000
151,176,000
151,553,000
160,368,000
167,215,000
171,762,000
168,895,000
180,991,000
199,426,000
195,914,000
211,056,000
194,505,000
213,194,000
198,306,000
194,702,000
186,353,000
182,195,000
189,350,000
194,899,000
198,515,000
214,056,000
204,654,000
224,346,000
216,233,000
219,826,000
211,003,000
200,914,000
199,628,000
191,884,000
191,884,000199,628,000200,914,000211,003,000219,826,000216,233,000224,346,000204,654,000214,056,000198,515,000194,899,000189,350,000182,195,000186,353,000194,702,000198,306,000213,194,000194,505,000211,056,000195,914,000199,426,000180,991,000168,895,000171,762,000167,215,000160,368,000151,553,000151,176,000165,366,000142,855,000141,706,000140,696,000134,681,000136,997,000140,394,000142,191,0000148,249,000130,647,000127,591,000124,556,000127,567,000121,708,000127,577,000131,331,000136,513,000128,429,000131,931,000128,349,000135,079,000145,286,000132,297,000130,405,000135,030,000130,166,000136,405,000126,377,000128,782,000128,844,000138,370,000135,693,000143,600,000127,570,169108,180,671105,584,619110,266,517100,464,781106,268,72997,735,31693,775,86596,432,60091,803,657107,263,842103,236,32599,053,772103,896,829101,064,231105,376,335106,623,524115,580,146122,105,305119,484,628120,130,721120,886,362133,082,326132,463,646151,483,199155,325,102179,689,927177,858,618162,539,117166,198,853152,645,904156,990,702146,823,765138,670,599132,621,226131,139,993118,255,554115,582,400100,018,069102,373,03595,266,95593,786,972090,869,42000068,243,61500054,315,51900047,855,62300044,198,83800036,839,64900031,038,82500030,269,90800029,605,23500026,065,13300025,908,81100027,023,203000
   > Total Current Liabilities 
0
0
0
12,672,207
0
0
0
11,816,046
0
0
0
12,981,639
0
0
0
16,288,705
0
0
0
19,737,905
0
0
0
19,925,588
0
0
0
24,295,348
0
0
0
29,666,766
0
0
0
33,145,955
0
0
0
41,963,371
0
0
0
54,886,520
0
0
0
58,384,277
0
0
0
66,997,040
0
0
0
83,684,996
0
0
0
106,685,705
105,512,733
84,465,769
76,429,353
91,595,879
88,058,864
85,184,780
81,272,586
62,907,412
63,746,096
53,766,341
56,898,313
53,708,064
54,330,119
49,367,989
45,632,364
46,010,604
73,332,200
84,176,503
79,413,333
81,899,547
82,667,469
68,739,187
73,001,408
70,118,477
71,438,068
72,894,401
67,587,855
77,810,810
73,346,583
78,615,505
92,558,251
104,117,000
96,699,000
89,475,000
81,798,000
85,487,000
84,053,000
93,176,000
88,057,000
96,763,000
94,146,000
97,641,000
105,088,000
97,029,000
89,494,000
92,568,000
89,474,000
97,404,000
90,626,000
88,262,000
84,056,000
91,344,000
89,827,000
90,678,000
91,186,000
100,824,000
0
90,022,000
87,438,000
87,090,000
82,766,000
90,898,000
86,611,000
94,765,000
104,315,000
91,218,000
88,751,000
97,586,000
103,721,000
104,625,000
103,083,000
110,914,000
122,129,000
115,272,000
123,342,000
116,819,000
133,138,000
124,503,000
123,390,000
114,320,000
114,995,000
124,662,000
125,855,000
126,952,000
141,197,000
139,847,000
151,685,000
145,620,000
154,634,000
147,714,000
146,419,000
129,399,000
124,298,000
124,298,000129,399,000146,419,000147,714,000154,634,000145,620,000151,685,000139,847,000141,197,000126,952,000125,855,000124,662,000114,995,000114,320,000123,390,000124,503,000133,138,000116,819,000123,342,000115,272,000122,129,000110,914,000103,083,000104,625,000103,721,00097,586,00088,751,00091,218,000104,315,00094,765,00086,611,00090,898,00082,766,00087,090,00087,438,00090,022,0000100,824,00091,186,00090,678,00089,827,00091,344,00084,056,00088,262,00090,626,00097,404,00089,474,00092,568,00089,494,00097,029,000105,088,00097,641,00094,146,00096,763,00088,057,00093,176,00084,053,00085,487,00081,798,00089,475,00096,699,000104,117,00092,558,25178,615,50573,346,58377,810,81067,587,85572,894,40171,438,06870,118,47773,001,40868,739,18782,667,46981,899,54779,413,33384,176,50373,332,20046,010,60445,632,36449,367,98954,330,11953,708,06456,898,31353,766,34163,746,09662,907,41281,272,58685,184,78088,058,86491,595,87976,429,35384,465,769105,512,733106,685,70500083,684,99600066,997,04000058,384,27700054,886,52000041,963,37100033,145,95500029,666,76600024,295,34800019,925,58800019,737,90500016,288,70500012,981,63900011,816,04600012,672,207000
       Short-term Debt 
0
0
0
3,114,362
0
0
0
1,823,457
0
0
0
1,298,348
0
0
0
1,757,659
0
0
0
2,342,688
0
0
0
3,404,240
0
0
0
5,048,687
0
0
0
3,809,095
0
0
0
2,865,886
0
0
0
3,877,029
0
0
0
6,520,353
0
0
0
5,012,992
0
0
0
6,617,793
0
0
0
12,000,016
0
0
0
15,587,999
0
0
0
20,316,222
0
0
0
13,506,234
14,313,105
0
10,458,622
9,502,417
0
6,926,995
2,336,575
785,596
0
0
0
10,779,601
11,850,768
2,617,194
2,113,430
1,673,228
2,344,978
5,441,615
5,347,568
5,905,747
4,206,511
4,217,570
5,035,391
5,542,000
62,671,000
56,256,000
52,910,000
2,124,000
54,681,000
60,362,000
56,804,000
3,808,000
4,676,000
6,752,000
6,545,000
7,765,000
6,229,000
7,583,000
7,196,000
4,769,000
5,084,000
4,018,000
3,849,000
7,388,000
5,737,000
3,525,000
1,997,000
2,281,000
0
3,199,000
2,885,000
2,376,000
2,414,000
9,653,000
9,007,000
8,033,000
9,514,000
3,230,000
3,004,000
2,545,000
2,554,000
2,642,000
2,463,000
2,255,000
4,791,000
4,557,000
3,848,000
11,726,000
20,155,000
17,592,000
16,844,000
10,138,000
4,576,000
13,940,000
12,333,000
11,814,000
12,687,000
6,064,000
8,103,000
8,470,000
14,200,000
12,970,000
0
0
0
00012,970,00014,200,0008,470,0008,103,0006,064,00012,687,00011,814,00012,333,00013,940,0004,576,00010,138,00016,844,00017,592,00020,155,00011,726,0003,848,0004,557,0004,791,0002,255,0002,463,0002,642,0002,554,0002,545,0003,004,0003,230,0009,514,0008,033,0009,007,0009,653,0002,414,0002,376,0002,885,0003,199,00002,281,0001,997,0003,525,0005,737,0007,388,0003,849,0004,018,0005,084,0004,769,0007,196,0007,583,0006,229,0007,765,0006,545,0006,752,0004,676,0003,808,00056,804,00060,362,00054,681,0002,124,00052,910,00056,256,00062,671,0005,542,0005,035,3914,217,5704,206,5115,905,7475,347,5685,441,6152,344,9781,673,2282,113,4302,617,19411,850,76810,779,601000785,5962,336,5756,926,99509,502,41710,458,622014,313,10513,506,23400020,316,22200015,587,99900012,000,0160006,617,7930005,012,9920006,520,3530003,877,0290002,865,8860003,809,0950005,048,6870003,404,2400002,342,6880001,757,6590001,298,3480001,823,4570003,114,362000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
37,337,000
30,330,000
31,043,000
326,000
2,554,000
2,642,000
2,463,000
367,000
3,015,000
2,160,000
1,622,000
9,439,000
17,759,000
15,290,000
14,587,000
7,942,000
2,353,000
11,737,000
10,155,000
9,590,000
10,403,000
3,686,000
5,437,000
5,984,000
11,577,000
10,354,000
18,772,000
17,655,000
8,491,000
8,491,00017,655,00018,772,00010,354,00011,577,0005,984,0005,437,0003,686,00010,403,0009,590,00010,155,00011,737,0002,353,0007,942,00014,587,00015,290,00017,759,0009,439,0001,622,0002,160,0003,015,000367,0002,463,0002,642,0002,554,000326,00031,043,00030,330,00037,337,0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,715,743
0
0
0
4,362,897
0
0
0
6,222,078
0
0
0
7,860,950
0
0
0
9,925,857
0
0
0
11,362,473
0
0
0
14,880,086
0
0
0
18,263,810
0
0
0
21,598,326
0
0
0
30,378,560
0
0
0
19,540,873
0
0
0
12,498,046
10,107,839
8,966,384
8,574,674
8,884,257
9,287,264
9,669,244
9,928,624
11,058,257
10,776,036
11,761,905
11,689,816
12,574,877
14,449,688
16,164,596
17,868,761
18,132,323
17,350,043
17,657,905
16,049,139
17,458,218
16,558,682
18,298,229
20,301,087
23,504,000
21,888,000
19,722,000
16,887,000
18,864,000
17,806,000
20,266,000
20,724,000
24,959,000
24,849,000
24,956,000
25,327,000
25,309,000
22,283,000
24,410,000
21,968,000
23,100,000
19,898,000
20,760,000
19,237,000
20,502,000
20,482,000
22,795,000
22,067,000
24,473,000
0
22,147,000
21,734,000
22,389,000
21,549,000
23,709,000
21,633,000
25,318,000
25,814,000
25,025,000
23,560,000
26,321,000
26,453,000
28,563,000
28,914,000
29,883,000
30,842,000
31,388,000
30,672,000
30,403,000
29,840,000
32,182,000
30,704,000
31,988,000
29,135,000
29,638,000
31,877,000
35,684,000
35,316,000
39,539,000
40,864,000
38,437,000
34,554,000
35,463,000
30,629,000
27,768,000
25,305,000
25,305,00027,768,00030,629,00035,463,00034,554,00038,437,00040,864,00039,539,00035,316,00035,684,00031,877,00029,638,00029,135,00031,988,00030,704,00032,182,00029,840,00030,403,00030,672,00031,388,00030,842,00029,883,00028,914,00028,563,00026,453,00026,321,00023,560,00025,025,00025,814,00025,318,00021,633,00023,709,00021,549,00022,389,00021,734,00022,147,000024,473,00022,067,00022,795,00020,482,00020,502,00019,237,00020,760,00019,898,00023,100,00021,968,00024,410,00022,283,00025,309,00025,327,00024,956,00024,849,00024,959,00020,724,00020,266,00017,806,00018,864,00016,887,00019,722,00021,888,00023,504,00020,301,08718,298,22916,558,68217,458,21816,049,13917,657,90517,350,04318,132,32317,868,76116,164,59614,449,68812,574,87711,689,81611,761,90510,776,03611,058,2579,928,6249,669,2449,287,2648,884,2578,574,6748,966,38410,107,83912,498,04600019,540,87300030,378,56000021,598,32600018,263,81000014,880,08600011,362,4730009,925,8570007,860,9500006,222,0780004,362,8970003,715,74300000000000000000000000
       Other Current Liabilities 
0
0
0
9,557,846
0
0
0
9,992,589
0
0
0
11,683,291
0
0
0
14,531,046
0
0
0
17,395,217
0
0
0
12,805,605
0
0
0
14,883,764
0
0
0
19,635,593
0
0
0
22,419,118
0
0
0
28,160,485
0
0
0
16,060,153
0
0
0
22,276,434
0
0
0
21,386,175
0
0
0
22,884,346
0
0
0
26,619,213
0
0
0
51,738,784
0
0
0
36,903,132
39,325,152
44,799,957
37,865,017
35,321,390
45,042,855
32,771,750
33,367,165
34,166,752
62,556,164
72,414,598
67,723,517
58,545,069
56,367,013
49,957,397
53,019,218
45,743,991
51,743,047
49,794,881
46,191,148
48,476,342
52,581,390
56,099,706
67,221,774
61,032,000
12,140,000
13,497,000
12,001,000
51,329,000
11,566,000
12,548,000
10,529,000
50,635,000
55,402,000
56,868,000
65,471,000
57,970,000
55,260,000
55,462,000
55,263,000
53,123,000
56,392,000
56,049,000
54,824,000
48,096,000
58,878,000
59,981,000
62,742,000
52,937,000
0
59,461,000
58,523,000
46,058,000
55,429,000
54,394,000
52,896,000
42,033,000
63,293,000
57,345,000
56,541,000
41,655,000
44,323,000
42,461,000
41,598,000
49,428,000
47,891,000
42,063,000
54,323,000
45,649,000
48,878,000
43,197,000
46,449,000
45,754,000
49,230,000
44,463,000
47,776,000
46,620,000
53,319,000
52,697,000
61,613,000
56,462,000
57,964,000
55,044,000
94,449,000
10,252,000
35,786,000
35,786,00010,252,00094,449,00055,044,00057,964,00056,462,00061,613,00052,697,00053,319,00046,620,00047,776,00044,463,00049,230,00045,754,00046,449,00043,197,00048,878,00045,649,00054,323,00042,063,00047,891,00049,428,00041,598,00042,461,00044,323,00041,655,00056,541,00057,345,00063,293,00042,033,00052,896,00054,394,00055,429,00046,058,00058,523,00059,461,000052,937,00062,742,00059,981,00058,878,00048,096,00054,824,00056,049,00056,392,00053,123,00055,263,00055,462,00055,260,00057,970,00065,471,00056,868,00055,402,00050,635,00010,529,00012,548,00011,566,00051,329,00012,001,00013,497,00012,140,00061,032,00067,221,77456,099,70652,581,39048,476,34246,191,14849,794,88151,743,04745,743,99153,019,21849,957,39756,367,01358,545,06967,723,51772,414,59862,556,16434,166,75233,367,16532,771,75045,042,85535,321,39037,865,01744,799,95739,325,15236,903,13200051,738,78400026,619,21300022,884,34600021,386,17500022,276,43400016,060,15300028,160,48500022,419,11800019,635,59300014,883,76400012,805,60500017,395,21700014,531,04600011,683,2910009,992,5890009,557,846000
   > Long-term Liabilities 
0
0
0
14,350,995
0
0
0
14,092,765
0
0
0
13,083,494
0
0
0
13,316,530
0
0
0
10,532,004
0
0
0
11,113,237
0
0
0
12,544,301
0
0
0
14,532,073
0
0
0
14,709,669
0
0
0
12,352,148
0
0
0
13,357,095
0
0
0
32,485,142
0
93,786,972
95,266,955
35,375,994
100,018,069
115,582,400
118,255,554
47,454,997
132,621,226
138,670,599
146,823,765
50,304,997
47,133,171
81,733,084
86,109,764
86,262,739
91,631,063
70,140,322
70,210,613
69,556,234
69,336,229
67,120,021
63,232,408
65,776,564
67,775,186
66,212,157
60,991,160
59,365,730
27,732,031
19,720,326
19,640,439
21,336,778
24,596,373
23,064,470
23,431,192
23,657,388
26,297,249
33,374,328
32,876,926
32,455,707
32,238,036
29,565,166
35,011,918
39,483,000
38,994,000
48,895,000
47,046,000
43,295,000
42,324,000
43,229,000
42,109,000
38,267,000
36,259,000
34,656,000
40,198,000
38,050,000
38,855,000
39,363,000
38,955,000
39,109,000
40,705,000
39,315,000
37,652,000
36,223,000
34,729,000
36,913,000
39,461,000
47,425,000
0
52,169,000
52,956,000
49,907,000
51,915,000
49,798,000
55,095,000
48,090,000
61,051,000
59,958,000
62,802,000
62,782,000
63,494,000
67,137,000
65,812,000
70,077,000
77,297,000
80,642,000
87,714,000
77,686,000
80,056,000
73,803,000
71,312,000
72,033,000
67,200,000
64,688,000
69,044,000
71,563,000
72,859,000
64,807,000
72,661,000
70,613,000
65,192,000
63,289,000
54,495,000
70,229,000
67,586,000
67,586,00070,229,00054,495,00063,289,00065,192,00070,613,00072,661,00064,807,00072,859,00071,563,00069,044,00064,688,00067,200,00072,033,00071,312,00073,803,00080,056,00077,686,00087,714,00080,642,00077,297,00070,077,00065,812,00067,137,00063,494,00062,782,00062,802,00059,958,00061,051,00048,090,00055,095,00049,798,00051,915,00049,907,00052,956,00052,169,000047,425,00039,461,00036,913,00034,729,00036,223,00037,652,00039,315,00040,705,00039,109,00038,955,00039,363,00038,855,00038,050,00040,198,00034,656,00036,259,00038,267,00042,109,00043,229,00042,324,00043,295,00047,046,00048,895,00038,994,00039,483,00035,011,91829,565,16632,238,03632,455,70732,876,92633,374,32826,297,24923,657,38823,431,19223,064,47024,596,37321,336,77819,640,43919,720,32627,732,03159,365,73060,991,16066,212,15767,775,18665,776,56463,232,40867,120,02169,336,22969,556,23470,210,61370,140,32291,631,06386,262,73986,109,76481,733,08447,133,17150,304,997146,823,765138,670,599132,621,22647,454,997118,255,554115,582,400100,018,06935,375,99495,266,95593,786,972032,485,14200013,357,09500012,352,14800014,709,66900014,532,07300012,544,30100011,113,23700010,532,00400013,316,53000013,083,49400014,092,76500014,350,995000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
33,228,000
32,858,000
34,763,000
32,282,000
32,360,000
36,006,000
34,625,000
39,207,000
36,294,000
39,903,000
42,673,000
41,834,000
48,970,000
43,822,000
41,754,000
42,711,000
36,588,000
35,904,000
39,719,000
42,243,000
37,223,000
31,358,000
38,458,000
36,849,000
36,612,000
33,723,000
28,730,000
0
0
0028,730,00033,723,00036,612,00036,849,00038,458,00031,358,00037,223,00042,243,00039,719,00035,904,00036,588,00042,711,00041,754,00043,822,00048,970,00041,834,00042,673,00039,903,00036,294,00039,207,00034,625,00036,006,00032,360,00032,282,00034,763,00032,858,00033,228,0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,460,000
6,085,000
5,337,000
4,593,000
4,229,000
5,458,000
4,918,000
4,237,000
3,971,000
3,971,000
4,024,000
4,040,000
4,217,000
4,078,000
3,978,000
3,857,000
3,875,000
3,798,000
3,610,000
3,528,000
3,428,000
3,358,000
3,412,000
3,705,000
3,882,000
4,228,000
4,487,000
0
0
004,487,0004,228,0003,882,0003,705,0003,412,0003,358,0003,428,0003,528,0003,610,0003,798,0003,875,0003,857,0003,978,0004,078,0004,217,0004,040,0004,024,0003,971,0003,971,0004,237,0004,918,0005,458,0004,229,0004,593,0005,337,0006,085,0006,460,0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
7,323,526
0
0
0
7,495,020
0
0
0
8,649,722
0
0
0
10,947,297
0
0
0
16,674,131
0
0
0
16,885,790
0
0
0
17,422,601
0
0
0
21,309,261
0
0
0
23,275,394
0
0
0
33,947,531
0
0
0
40,428,943
0
0
0
52,886,670
0
54,603,865
57,789,777
63,160,992
62,411,735
61,115,360
62,547,106
69,104,423
74,086,634
83,034,648
90,337,467
92,350,822
93,176,977
75,848,130
72,234,864
68,555,460
77,207,271
59,225,536
82,876,711
73,762,808
68,804,238
65,593,657
60,914,300
60,428,759
63,293,497
67,827,454
72,492,059
77,813,912
86,830,529
89,557,614
95,337,804
104,602,642
107,131,562
106,533,482
112,826,363
119,762,112
126,398,480
125,676,701
129,429,166
134,349,273
133,604,262
129,250,445
135,220,357
140,823,000
145,381,000
141,658,000
138,378,000
139,870,000
140,290,000
138,309,000
137,395,000
145,106,000
146,142,000
141,009,000
141,772,000
143,105,000
150,506,000
143,827,000
143,079,000
136,883,000
137,668,000
132,326,000
132,382,000
140,204,000
141,643,000
136,948,000
142,339,000
144,306,000
0
135,565,000
137,086,000
146,525,000
144,699,000
135,746,000
133,138,000
139,817,000
126,105,000
123,045,000
115,072,000
99,540,000
92,703,000
92,689,000
95,087,000
86,978,000
84,619,000
84,488,000
78,200,000
82,559,000
79,841,000
79,005,000
82,830,000
86,674,000
89,782,000
93,331,000
97,323,000
108,775,000
111,701,000
129,620,000
138,607,000
134,814,000
127,396,000
133,869,000
106,791,000
98,673,000
109,137,000
109,137,00098,673,000106,791,000133,869,000127,396,000134,814,000138,607,000129,620,000111,701,000108,775,00097,323,00093,331,00089,782,00086,674,00082,830,00079,005,00079,841,00082,559,00078,200,00084,488,00084,619,00086,978,00095,087,00092,689,00092,703,00099,540,000115,072,000123,045,000126,105,000139,817,000133,138,000135,746,000144,699,000146,525,000137,086,000135,565,0000144,306,000142,339,000136,948,000141,643,000140,204,000132,382,000132,326,000137,668,000136,883,000143,079,000143,827,000150,506,000143,105,000141,772,000141,009,000146,142,000145,106,000137,395,000138,309,000140,290,000139,870,000138,378,000141,658,000145,381,000140,823,000135,220,357129,250,445133,604,262134,349,273129,429,166125,676,701126,398,480119,762,112112,826,363106,533,482107,131,562104,602,64295,337,80489,557,61486,830,52977,813,91272,492,05967,827,45463,293,49760,428,75960,914,30065,593,65768,804,23873,762,80882,876,71159,225,53677,207,27168,555,46072,234,86475,848,13093,176,97792,350,82290,337,46783,034,64874,086,63469,104,42362,547,10661,115,36062,411,73563,160,99257,789,77754,603,865052,886,67000040,428,94300033,947,53100023,275,39400021,309,26100017