Home BancShares Inc
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Let's analyse Home BancShares Inc together

Penke I guess you are interested in Home BancShares Inc. 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 Home BancShares Inc. 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 Home BancShares Inc (30 sec.)

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

How much money do you get?

$0.72

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$18.78

Expected worth in 1 year

$20.28

How sure are you?

95.0%

+ What do you gain per year?

Total Gains per Share

$2.23

Return On Investment

9.3%

For what price can you sell your share?

Current Price per Share

$24.01

Expected price per share

$21.79 - $24.67

How sure are you?

50%

1. Valuation of Home BancShares Inc (5 min.)

Live pricePrice per Share (EOD)

$24.01

Book Value per Share

$18.78

Intrinsic Value Per Share

$14.25 - $26.27

Total Value Per Share

$33.03 - $45.04

My calculation of the intrinsic value of Home BancShares Inc is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($0.34) 3Y: ($0.47) TTM: ($0.45)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($0.01) 3Y: ($0.01) TTM: ($-0.04)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$1.40	$2.00	$1.49 - $2.13
2	$2.81	$4.17	$1.60 - $2.36
3	$4.25	$6.49	$1.71 - $2.60
4	$5.69	$8.96	$1.82 - $2.84
5	$7.13	$11.56	$1.93 - $3.07
6	$8.58	$14.29	$2.04 - $3.31
7	$10.01	$17.13	$2.16 - $3.55
8	$11.44	$20.08	$2.27 - $3.78
9	$12.85	$23.13	$2.38 - $4.02
10	$14.25	$26.27	$2.49 - $4.26

2. Growth of Home BancShares Inc (5 min.)

Is Home BancShares Inc growing?

	Current year	Previous year	Grow	Grow %
How rich?	$3.7b	$3.2b	$389.8m	10.6%

How much money is Home BancShares Inc making?

	Current year	Previous year	Grow	Grow %
Making money	$98.2m	$76.3m	$21.9m	22.3%
Net Profit Margin	37.4%	33.4%	-	-

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

Quarterly Yearly

3. Financial Health of Home BancShares Inc (5 min.)

4. Comparing to competitors in the Banks - Regional industry (5 min.)

Industry Rankings (Banks - Regional)

What can you expect buying and holding a share of Home BancShares Inc? (5 min.)

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

What can you expect buying and holding a share of Home BancShares Inc?

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

Speculation

The Price per Share of Home BancShares Inc is $24.01. 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 Home BancShares Inc.
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 Home BancShares Inc, 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 $18.78. Based on the TTM, the Book Value Change Per Share is $0.38 per quarter. Based on the YOY, the Book Value Change Per Share is $0.88 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 $0.18 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Home BancShares Inc.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	0.43	1.8%	0.48	2.0%	0.37	1.6%	0.38	1.6%	0.30	1.2%
Usd Book Value Change Per Share	0.74	3.1%	0.38	1.6%	0.88	3.7%	0.35	1.5%	0.36	1.5%
Usd Dividend Per Share	0.18	0.7%	0.18	0.7%	0.16	0.7%	0.13	0.6%	0.10	0.4%
Usd Total Gains Per Share	0.92	3.8%	0.56	2.3%	1.04	4.3%	0.49	2.0%	0.46	1.9%
Usd Price Per Share	25.33	-	22.70	-	22.17	-	20.82	-	24.75	-
Price to Earnings Ratio	14.82	-	11.83	-	26.28	-	74.61	-	57.82	-
Price-to-Total Gains Ratio	27.47	-	55.38	-	102.64	-	65.66	-	98.27	-
Price to Book Ratio	1.35	-	1.25	-	1.39	-	1.46	-	3.02	-
Price-to-Total Gains Ratio	27.47	-	55.38	-	102.64	-	65.66	-	98.27	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	24.01
Number of shares	41

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.18	0.13
Usd Book Value Change Per Share	0.38	0.35
Usd Total Gains Per Share	0.56	0.49
Gains per Quarter (41 shares)	22.82	20.01
Gains per Year (41 shares)	91.28	80.05

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	30	62	81	22	58	70
2	59	124	172	44	116	150
3	89	185	263	66	175	230
4	118	247	354	88	233	310
5	148	309	445	109	291	390
6	177	371	536	131	349	470
7	207	432	627	153	407	550
8	236	494	718	175	465	630
9	266	556	809	197	524	710
10	295	618	900	219	582	790

How sure are you?

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

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	77.0	0.0	0.0	100.0%
Book Value Change Per Share	4.0	0.0	0.0	100.0%	10.0	2.0	0.0	83.3%	17.0	3.0	0.0	85.0%	36.0	4.0	0.0	90.0%	67.0	7.0	3.0	87.0%
Dividend per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	74.0	0.0	3.0	96.1%
Total Gains per Share	4.0	0.0	0.0	100.0%	11.0	1.0	0.0	91.7%	18.0	2.0	0.0	90.0%	38.0	2.0	0.0	95.0%	69.0	5.0	3.0	89.6%

Fundamentals of Home BancShares Inc

About Home BancShares Inc

https://www.homebancshares.com
Banks - Regional
2819
719 Harkrider, Conway, AR, United States, 72032
Google Maps Bing Maps

Home Bancshares, Inc. (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit. The company's loan portfolio comprises non-farm/non-residential real estate, construction/land development, residential mortgage, consumer, agricultural, and commercial and industrial loans. It provides internet banking, mobile banking and voice response information, cash management, overdraft protection, direct deposit, and automatic account transfer services, as well as safe deposit boxes and the United States savings bonds. In addition, the company writes policies for commercial and personal lines of business, including insurance for property, casualty, life, health, and employee benefits. It operates through branches in Arkansas, Florida, Alabama, Texas, and New York City. Home Bancshares, Inc. (Conway, AR) was founded in 1998 and is headquartered in Conway, Arkansas.

Fundamental data was last updated by Penke on 2024-04-19 09:53:03.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating very efficient.

Liquidity Details

	Compared to previous year	Compared 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 year	Compared 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 year	Compared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Home BancShares Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Home BancShares Inc earns for each $1 of revenue.

Above 10% is considered healthy but always compare Home BancShares Inc to the Banks - Regional industry mean.
A Net Profit Margin of 25.1% means that $0.25 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Home BancShares Inc:

The MRQ is 25.1%. The company is making a huge profit. +2
The TTM is 37.4%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	25.1%	TTM	37.4%	-12.3%
TTM	37.4%	YOY	33.4%	+4.0%
TTM	37.4%	5Y	38.2%	-0.8%
5Y	38.2%	10Y	36.1%	+2.1%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	25.1%	18.4%	+6.7%
TTM	37.4%	28.0%	+9.4%
YOY	33.4%	25.2%	+8.2%
5Y	38.2%	22.8%	+15.4%
10Y	36.1%	19.8%	+16.3%

Measures how much net profit Home BancShares Inc earns for each $1 of revenue.

Revenue is the amount of profit Home BancShares Inc generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Home BancShares Inc earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Home BancShares Inc to the Banks - Regional industry mean.
Can be used to compare companies within the Banks - Regional industry.

You typically want a high profit margin. This means that for each $1 in sales, Home BancShares Inc makes more profit. This shows the investor how efficiently Home BancShares Inc is operating in general and compared to other companies in the same industry. Home BancShares Inc operates in the Banks - Regional industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Home BancShares Inc. If profit margins remain low (compared to the Banks - Regional industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Home BancShares Inc is 0.25. This means that Home BancShares Inc earned $0.25 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Banks - Regional industry is 18.4%.
What is the trend?
The trend is important because it shows you how Home BancShares Inc is performing over time. The most recent quarter might be important if Home BancShares Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Home BancShares Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Home BancShares Inc with other companies in the same industry (Banks - Regional).
Net profit margin should rise over the years.
Can be influenced when Home BancShares Inc sells assets (profit will increase while costs remain the same).
It won’t show what part of Home BancShares Inc is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Home BancShares Inc

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Home BancShares Inc = 86,243
Total revenue MRQ Home BancShares Inc = 343,461
$86,243 / $343,461 = 0.25 or 25.1%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Home BancShares Inc is using its assets to generate profit.

Above 5% is considered healthy but always compare Home BancShares Inc to the Banks - Regional industry mean.
0.4% Return on Assets means that Home BancShares Inc generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Home BancShares Inc:

The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
The TTM is 0.4%. Using its assets, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	0.4%	TTM	0.4%	-0.1%
TTM	0.4%	YOY	0.3%	+0.1%
TTM	0.4%	5Y	0.4%	+0.0%
5Y	0.4%	10Y	0.4%	0.0%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.4%	0.1%	+0.3%
TTM	0.4%	0.2%	+0.2%
YOY	0.3%	0.2%	+0.1%
5Y	0.4%	0.2%	+0.2%
10Y	0.4%	0.2%	+0.2%

Shows how efficient Home BancShares Inc is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Home BancShares Inc to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Home BancShares Inc is using its resources to generate profit. If the return on assets (0.4%) from Home BancShares Inc are higher than the Banks - Regional mean (0.1%) that means Home BancShares Inc is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Home BancShares Inc is 0.4%. This means the company generated $0.00 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Banks - Regional industry is 0.1%.
What is the trend?
The trend is important because it shows you how Home BancShares Inc is performing over time. The most recent quarter might be important if Home BancShares Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Home BancShares Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Home BancShares Inc

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Home BancShares Inc = 86,243
Total assets MRQ (balance sheet) from Home BancShares Inc = 22,683,801
86,243 / 22,683,801 = 0.00 or 0.4%

ROA is an important ratio as it will tell you how effectively Home BancShares Inc is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Home BancShares Inc is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Home BancShares Inc to the Banks - Regional industry mean.
2.3% Return on Equity means Home BancShares Inc generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Home BancShares Inc:

The MRQ is 2.3%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 2.7%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	2.3%	TTM	2.7%	-0.4%
TTM	2.7%	YOY	2.3%	+0.3%
TTM	2.7%	5Y	2.6%	+0.1%
5Y	2.6%	10Y	2.8%	-0.2%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	2.3%	1.4%	+0.9%
TTM	2.7%	2.5%	+0.2%
YOY	2.3%	2.7%	-0.4%
5Y	2.6%	2.5%	+0.1%
10Y	2.8%	2.8%	0.0%

Shows how efficient Home BancShares Inc is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Home BancShares Inc to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Banks - Regional industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Home BancShares Inc is 2.3%. This means Home BancShares Inc generated $0.02 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Banks - Regional industry is 1.4%.
What is the trend?
The trend is important because it shows you how Home BancShares Inc is performing over time. The most recent quarter might be important if Home BancShares Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Home BancShares Inc up to 10 years back (depending if Home BancShares Inc existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Home BancShares Inc

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Home BancShares Inc = 86,243
Shareholders equity (balance sheet) MRQ Home BancShares Inc = 3,791,075
86,243 / 3,791,075 = 0.02 or 2.3%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Home BancShares Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Home BancShares Inc is operating .

Measures how much profit Home BancShares Inc 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 Home BancShares Inc to the Banks - Regional 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 Home BancShares Inc:

The MRQ is 0.0%. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	55.8%	-55.8%
TTM	55.8%	YOY	56.8%	-1.0%
TTM	55.8%	5Y	64.2%	-8.4%
5Y	64.2%	10Y	66.2%	-2.1%

Measures how efficient Home BancShares Inc is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Home BancShares Inc to the Banks - Regional industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Home BancShares Inc is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Home BancShares Inc is 0.0%. This means that Home BancShares Inc earned $0.00 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Home BancShares Inc is performing over time. The most recent quarter might be important if Home BancShares Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Home BancShares Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Home BancShares Inc

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Home BancShares Inc = -551,423
Total revenue MRQ Home BancShares Inc = 343,461
$-551,423 / $343,461 = 0.00 or 0.0%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Home BancShares Inc is keeping operating costs low.

Below 1 is considered healthy (always compare to Banks - Regional industry mean).
An Operation Ratio of 0.26 means that the operating costs are $0.26 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Home BancShares Inc:

The MRQ is 0.258. The company is very efficient in keeping operating costs low. +2
The TTM is -0.020.

Trends

Current period		Compared to		+/-
MRQ	0.258	TTM	-0.020	+0.278
TTM	-0.020	YOY	-0.196	+0.176
TTM	-0.020	5Y	-0.217	+0.197
5Y	-0.217	10Y	-0.210	-0.008

Measures how efficient Home BancShares Inc is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Home BancShares Inc to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Home BancShares Inc is 25.8%. This means that Home BancShares Inc earned $0.26 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Home BancShares Inc is performing over time. The most recent quarter might be important if Home BancShares Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Home BancShares Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Home BancShares Inc

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(39,673 +48,780) \ 343,461 = 0.26

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Home BancShares Inc.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Home BancShares Inc is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
A Current Ratio of 0.18 means the company has $0.18 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Home BancShares Inc:

The MRQ is 0.183. The company is unable to pay all its short-term debts. -2
The TTM is 17.489. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	0.183	TTM	17.489	-17.306
TTM	17.489	YOY	52.262	-34.773
TTM	17.489	5Y	71.833	-54.344
5Y	71.833	10Y	125.074	-53.241

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
TTM	17.489	0.124	+17.365
YOY	52.262	0.225	+52.037
5Y	71.833	0.219	+71.614
10Y	125.074	0.131	+124.943

Measures if Home BancShares Inc is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Home BancShares Inc if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Home BancShares Inc is 0.18. This means Home BancShares Inc has $0.18 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Home BancShares Inc is performing over time. The most recent quarter might be important if Home BancShares Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Home BancShares Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Home BancShares Inc

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
1,154,765 \ 6,299,437) = 0.18

The current ratio measures if Home BancShares Inc is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Home BancShares Inc is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Home BancShares Inc does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Home BancShares Inc is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

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

Above 1 is considered healthy but always compare Home BancShares Inc to the Banks - Regional industry mean.
A Quick Ratio of 0.54 means the company can pay off $0.54 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Home BancShares Inc:

The MRQ is 0.540. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 32.212. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.540	TTM	32.212	-31.673
TTM	32.212	YOY	55.569	-23.357
TTM	32.212	5Y	48.965	-16.752
5Y	48.965	10Y	58.811	-9.847

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

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Home BancShares Inc to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Home BancShares Inc can pay off its short term debts. This shows if Home BancShares Inc can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Home BancShares Inc is 0.54. This means that Home BancShares Inc can pay off $0.54 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Home BancShares Inc is performing over time. The most recent quarter might be important if Home BancShares Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Home BancShares Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Home BancShares Inc

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Home BancShares Inc: (-226,363 + 3,507,841 +118,966) / 6,299,437 = 0.54

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Home BancShares Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Home BancShares Inc assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Home BancShares Inc to Banks - Regional industry mean.
A Debt to Asset Ratio of 0.83 means that Home BancShares Inc assets are financed with 83.3% credit (debt) and the remaining percentage (100% - 83.3%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Home BancShares Inc:

The MRQ is 0.833. The company is just able to pay all its debts by selling its assets.
The TTM is 0.835. The company is just able to pay all its debts by selling its assets.

Trends

Current period		Compared to		+/-
MRQ	0.833	TTM	0.835	-0.002
TTM	0.835	YOY	0.852	-0.017
TTM	0.835	5Y	0.844	-0.009
5Y	0.844	10Y	0.852	-0.008

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.833	0.915	-0.082
TTM	0.835	0.917	-0.082
YOY	0.852	0.919	-0.067
5Y	0.844	0.919	-0.075
10Y	0.852	0.927	-0.075

Measures how much % of Home BancShares Inc assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Home BancShares Inc than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Home BancShares Inc to Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Home BancShares Inc is 0.83. This means means that Home BancShares Inc is financed with 83.3% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Home BancShares Inc is performing over time. The most recent quarter might be important if Home BancShares Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Home BancShares Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Home BancShares Inc has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Home BancShares Inc

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
18,892,726 \ 22,683,801 = 83.3% or 0.83.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Home BancShares Inc is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Home BancShares Inc to the Banks - Regional industry mean.
A Debt to Equity ratio of 498.3% means that company has $4.98 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Home BancShares Inc:

The MRQ is 4.983. The company is unable to pay all its debts with equity. -1
The TTM is 5.062. The company is unable to pay all its debts with equity. -1

Trends

Current period		Compared to		+/-
MRQ	4.983	TTM	5.062	-0.078
TTM	5.062	YOY	5.761	-0.699
TTM	5.062	5Y	5.405	-0.344
5Y	5.405	10Y	5.806	-0.401

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	4.983	10.829	-5.846
TTM	5.062	11.013	-5.951
YOY	5.761	11.363	-5.602
5Y	5.405	11.437	-6.032
10Y	5.806	13.038	-7.232

Measures if Home BancShares Inc is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Home BancShares Inc is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Home BancShares Inc is 4.98. This means that Home BancShares Inc can pay off $4.98 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is 10.83.
What is the trend?
The trend is important because it shows you how Home BancShares Inc is performing over time. The most recent quarter might be important if Home BancShares Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Home BancShares Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Home BancShares Inc

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
18,892,726 \ 3,791,075 = 4.98 or 498.3%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Home BancShares Inc

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 Home BancShares Inc generates.

Above 15 is considered overpriced but always compare Home BancShares Inc to the Banks - Regional industry mean.
A PE ratio of 14.82 means the investor is paying $14.82 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Home BancShares Inc:

The EOD is 14.052. Based on the earnings, the company is underpriced. +1
The MRQ is 14.824. Based on the earnings, the company is underpriced. +1
The TTM is 11.830. Based on the earnings, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	14.052	MRQ	14.824	-0.773
MRQ	14.824	TTM	11.830	+2.994
TTM	11.830	YOY	26.285	-14.454
TTM	11.830	5Y	74.610	-62.780
5Y	74.610	10Y	57.825	+16.785

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	14.052	7.604	+6.448
MRQ	14.824	6.680	+8.144
TTM	11.830	5.295	+6.535
YOY	26.285	6.943	+19.342
5Y	74.610	9.770	+64.840
10Y	57.825	9.943	+47.882

Measures how much money you pay for each share for every $1 in earnings Home BancShares Inc generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Home BancShares Inc to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Home BancShares Inc is 14.82. This means the investor is paying $14.82 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is 6.68.
What is the trend?
The trend is important because it shows you how Home BancShares Inc is performing over time. The most recent quarter might be important if Home BancShares Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Home BancShares Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Home BancShares Inc

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 201,891 = EPS
PE ratio MRQ = 14.82

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Home BancShares Inc:

The EOD is 11.280. Based on how much money comes from the company's main activities, the company is cheap. +2
The MRQ is 11.900. Based on how much money comes from the company's main activities, the company is cheap. +2
The TTM is 14.209. Based on how much money comes from the company's main activities, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	11.280	MRQ	11.900	-0.620
MRQ	11.900	TTM	14.209	-2.309
TTM	14.209	YOY	38.145	-23.936
TTM	14.209	5Y	19.316	-5.107
5Y	19.316	10Y	26.076	-6.760

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	11.280	-2.126	+13.406
MRQ	11.900	-1.868	+13.768
TTM	14.209	-0.342	+14.551
YOY	38.145	6.448	+31.697
5Y	19.316	0.429	+18.887
10Y	26.076	0.091	+25.985

2. Book Value per Share

2.3. Price to Book Ratio

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

At or below 1 is considered healthy (always compare to Banks - Regional 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 Home BancShares Inc:

The EOD is 1.279. Based on the equity, the company is underpriced. +1
The MRQ is 1.349. Based on the equity, the company is underpriced. +1
The TTM is 1.248. Based on the equity, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	1.279	MRQ	1.349	-0.070
MRQ	1.349	TTM	1.248	+0.101
TTM	1.248	YOY	1.392	-0.144
TTM	1.248	5Y	1.455	-0.207
5Y	1.455	10Y	3.022	-1.567

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	1.279	0.439	+0.840
MRQ	1.349	0.386	+0.963
TTM	1.248	0.470	+0.778
YOY	1.392	0.642	+0.750
5Y	1.455	0.795	+0.660
10Y	3.022	1.025	+1.997

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Home BancShares Inc.

3.1. Institutions holding Home BancShares Inc

Institutions are holding 68.412% of the shares of Home BancShares Inc.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	BlackRock Inc	11.7526	0.0153	23638717	938531	4.1345
2023-12-31	Vanguard Group Inc	10.2177	0.0114	20551505	-625422	-2.9533
2023-12-31	State Street Corporation	4.4331	0.011	8916495	740959	9.0631
2023-12-31	T. Rowe Price Investment Management,Inc.	4.1732	0.1382	8393732	-115757	-1.3603
2023-12-31	Dimensional Fund Advisors, Inc.	2.7329	0.0407	5496911	432091	8.5312
2023-12-31	American Century Companies Inc	2.5937	0.0909	5216886	-226539	-4.1617
2023-12-31	Goldman Sachs Group Inc	2.0948	0.0096	4213386	2310259	121.3928
2023-12-31	Geode Capital Management, LLC	2.0559	0.011	4135179	179938	4.5494
2023-12-31	Wellington Management Company LLP	1.6608	0.0158	3340511	590301	21.4639
2023-12-31	Copeland Capital Management, LLC	1.5568	1.5898	3131227	-93490	-2.8992
2023-12-31	Northern Trust Corp	1.5001	0.0138	3017337	62703	2.1222
2023-12-31	Barr E S & Co	1.2764	4.4149	2567401	-37031	-1.4218
2023-12-31	Bank of New York Mellon Corp	1.1005	0.0114	2213572	180608	8.884
2023-12-31	NORGES BANK	1.0697	0.0095	2151501	648399	43.1374
2023-12-31	Fisher Asset Management, LLC	0.9674	0.0261	1945775	-301201	-13.4047
2023-12-31	Kennedy Capital Management Inc	0.7838	0.8721	1576491	-83546	-5.0328
2023-12-31	Charles Schwab Investment Management Inc	0.7764	0.01	1561671	21894	1.4219
2023-12-31	JPMorgan Chase & Co	0.6884	0.0034	1384604	319949	30.0519
2023-12-31	Ranger Investment Management LP	0.6828	2.1093	1373430	6755	0.4943
2023-12-31	Nuveen Asset Management, LLC	0.6683	0.011	1344216	4838	0.3612
Total		52.7853	9.4152	106170547	+4954239	+4.7%

3.2. Funds holding Home BancShares Inc

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-03-28	iShares Core S&P Mid-Cap ETF	2.901	0.1686	5834899	0	0
2024-02-29	Vanguard Total Stock Mkt Idx Inv	2.8743	0.0088	5781270	-11370	-0.1963
2024-03-28	iShares Russell 2000 ETF	2.3631	0.1783	4752959	60017	1.2789
2024-02-29	Vanguard Small Cap Index	2.3272	0.0781	4680878	43211	0.9317
2023-12-31	American Century Small Cap Value Inv	2.0658	1.7863	4155000	-195000	-4.4828
2023-12-31	American Century U.S. Small Cap Value	2.0658	1.7892	4155000	-195000	-4.4828
2024-02-29	Vanguard Small Cap Value Index Inv	1.5861	0.1407	3190179	10515	0.3307
2023-12-31	T. Rowe Price Small-Cap Value	1.5389	0.7414	3095351	-308900	-9.0739
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	1.379	0.0638	2773722	6204	0.2242
2024-01-31	Fidelity Small Cap Index	0.957	0.182	1924927	29940	1.58
2024-03-28	iShares Russell 2000 Value ETF	0.8891	0.3504	1788373	-1134	-0.0634
2024-02-29	SPDR® S&P MIDCAP 400 ETF Trust	0.7451	0.1672	1498745	5640	0.3777
2023-12-31	T. Rowe Price U.S. SC Value Eq Tr-Z	0.745	0.7684	1498377	-42900	-2.7834
2024-03-31	SPDR® S&P Regional Banking ETF	0.6985	1.1738	1404994	-21636	-1.5166
2024-03-31	Ranger Small Cap	0.5903	2.1899	1187242	-186114	-13.5518
2024-03-31	State St Russell Sm/Mid Cp® Indx NL Cl C	0.5791	0.0662	1164821	0	0
2024-02-29	DFA US Small Cap I	0.5753	0.175	1157211	0	0
2024-03-28	iShares S&P Mid-Cap 400 Value ETF	0.5467	0.3535	1099541	3151	0.2874
2024-02-29	Vanguard Dividend Appreciation ETF	0.5407	0.028	1087559	5565	0.5143
2023-12-31	T. Rowe Price Small-Cap Stock	0.5332	0.2871	1072393	-1600	-0.149
Total		26.5012	10.6967	53303441	-799411	-1.5%

3.3. Insider Transactions

Insiders are holding 7.227% of the shares of Home BancShares Inc.

Date	Owner	Type	Amount	Price
2024-03-21	Donna Townsell	SELL	22729	23.76
2024-02-05	John W Allison	BUY	20000	22.74
2023-12-22	James Pat Hickman	SELL	60000	25.38
2023-12-18	James Pat Hickman	SELL	100	25.03
2023-10-27	Robert H Adcock Jr	SELL	4970	20.23
2023-10-25	Tracy French	BUY	4000	19.78
2023-07-26	Russell Davis Carter Iii	SELL	900	23.59

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Home BancShares Inc compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	0.742	0.377	+97%	0.880	-16%	0.355	+109%	0.365	+103%
Book Value Per Share	-	-	18.778	18.163	+3%	16.119	+16%	14.482	+30%	10.947	+72%
Current Ratio	-	-	0.183	17.489	-99%	52.262	-100%	71.833	-100%	125.074	-100%
Debt To Asset Ratio	-	-	0.833	0.835	0%	0.852	-2%	0.844	-1%	0.852	-2%
Debt To Equity Ratio	-	-	4.983	5.062	-2%	5.761	-13%	5.405	-8%	5.806	-14%
Dividend Per Share	-	-	0.180	0.180	0%	0.157	+14%	0.133	+35%	0.098	+84%
Eps	-	-	0.427	0.484	-12%	0.374	+14%	0.376	+14%	0.296	+45%
Free Cash Flow Per Share	-	-	0.532	0.450	+18%	0.495	+7%	0.411	+30%	0.345	+54%
Free Cash Flow To Equity Per Share	-	-	2.994	-0.386	+113%	-2.306	+177%	0.148	+1922%	0.472	+535%
Gross Profit Margin	-	-	1.077	1.003	+7%	0.952	+13%	0.862	+25%	0.920	+17%
Intrinsic Value_10Y_max	-	-	26.267	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	14.249	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	1.999	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	1.396	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	6.489	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	4.247	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	11.560	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	7.133	-	-	-	-	-	-	-	-
Market Cap	4829275360.000	-6%	5113899030.000	4601183295.000	+11%	4523858352.500	+13%	4207514533.500	+22%	4988298926.750	+3%
Net Profit Margin	-	-	0.251	0.374	-33%	0.334	-25%	0.382	-34%	0.361	-30%
Operating Margin	-	-	-	0.558	-100%	0.568	-100%	0.642	-100%	0.662	-100%
Operating Ratio	-	-	0.258	-0.020	+108%	-0.196	+176%	-0.217	+184%	-0.210	+181%
Pb Ratio	1.279	-5%	1.349	1.248	+8%	1.392	-3%	1.455	-7%	3.022	-55%
Pe Ratio	14.052	-5%	14.824	11.830	+25%	26.285	-44%	74.610	-80%	57.825	-74%
Price Per Share	24.010	-5%	25.330	22.695	+12%	22.168	+14%	20.818	+22%	24.750	+2%
Price To Free Cash Flow Ratio	11.280	-5%	11.900	14.209	-16%	38.145	-69%	19.316	-38%	26.076	-54%
Price To Total Gains Ratio	26.034	-5%	27.466	55.376	-50%	102.643	-73%	65.660	-58%	98.272	-72%
Quick Ratio	-	-	0.540	32.212	-98%	55.569	-99%	48.965	-99%	58.811	-99%
Return On Assets	-	-	0.004	0.004	-14%	0.003	+9%	0.004	-7%	0.004	-8%
Return On Equity	-	-	0.023	0.027	-15%	0.023	-2%	0.026	-13%	0.028	-19%
Total Gains Per Share	-	-	0.922	0.557	+66%	1.037	-11%	0.488	+89%	0.463	+99%
Usd Book Value	-	-	3791075000.000	3682729500.000	+3%	3292911250.000	+15%	2928926150.000	+29%	2209903975.000	+72%
Usd Book Value Change Per Share	-	-	0.742	0.377	+97%	0.880	-16%	0.355	+109%	0.365	+103%
Usd Book Value Per Share	-	-	18.778	18.163	+3%	16.119	+16%	14.482	+30%	10.947	+72%
Usd Dividend Per Share	-	-	0.180	0.180	0%	0.157	+14%	0.133	+35%	0.098	+84%
Usd Eps	-	-	0.427	0.484	-12%	0.374	+14%	0.376	+14%	0.296	+45%
Usd Free Cash Flow	-	-	107433000.000	91206750.000	+18%	101039000.000	+6%	83038950.000	+29%	69539600.000	+54%
Usd Free Cash Flow Per Share	-	-	0.532	0.450	+18%	0.495	+7%	0.411	+30%	0.345	+54%
Usd Free Cash Flow To Equity Per Share	-	-	2.994	-0.386	+113%	-2.306	+177%	0.148	+1922%	0.472	+535%
Usd Market Cap	4829275360.000	-6%	5113899030.000	4601183295.000	+11%	4523858352.500	+13%	4207514533.500	+22%	4988298926.750	+3%
Usd Price Per Share	24.010	-5%	25.330	22.695	+12%	22.168	+14%	20.818	+22%	24.750	+2%
Usd Profit	-	-	86243000.000	98232250.000	-12%	76315500.000	+13%	76059950.000	+13%	59627325.000	+45%
Usd Revenue	-	-	343461000.000	270560750.000	+27%	229721250.000	+50%	202088200.000	+70%	163288400.000	+110%
Usd Total Gains Per Share	-	-	0.922	0.557	+66%	1.037	-11%	0.488	+89%	0.463	+99%
	EOD	+4 -4	MRQ	TTM	+20 -16	YOY	+24 -12	5Y	+27 -9	10Y	+27 -9

4.2. Fundamental Score

Let's check the fundamental score of Home BancShares Inc based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	14.052
Price to Book Ratio (EOD)	Between	0-1	1.279
Net Profit Margin (MRQ)	Greater than	0	0.251
Operating Margin (MRQ)	Greater than	0	0.000
Quick Ratio (MRQ)	Greater than	1	0.540
Current Ratio (MRQ)	Greater than	1	0.183
Debt to Asset Ratio (MRQ)	Less than	1	0.833
Debt to Equity Ratio (MRQ)	Less than	1	4.983
Return on Equity (MRQ)	Greater than	0.15	0.023
Return on Assets (MRQ)	Greater than	0.05	0.004
Total			3/10 (30.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
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4.3. Technical Score

Let's check the technical score of Home BancShares Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	56.082
Ma 20	Greater than	Ma 50	23.550
Ma 50	Greater than	Ma 100	23.541
Ma 100	Greater than	Ma 200	23.831
Open	Greater than	Close	23.160
Total			3/5 (60.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Reversals in quarterly reports

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

	2022-12-31		2023-03-31		2023-06-30		2023-09-30		2023-12-31
Other Current Liabilities	-196,877	-16,010	-212,887	39,461	-173,426	-1,941	-175,367	5,622,046	5,446,679
Current Deferred Revenue	7,399	60,051	67,450	-58,848	8,602	4,219	12,821	-207,474	-194,653
Long-term Assets Other	-239,196	45,862	-193,334	-13,096	-206,430	-16,311	-222,741	18,689,597	18,466,856
Cash and Short Term Investments	4,766,380	-306,188	4,460,192	-203,988	4,256,204	-295,952	3,960,252	-4,186,615	-226,363
Net Working Capital	4,672,702	-322,657	4,350,045	-166,201	4,183,844	-288,013	3,895,831	-9,040,503	-5,144,672
Selling and Marketing Expenses	2,567	-336	2,231	-133	2,098	197	2,295	-8,919	-6,624
Operating Income	211,484	-8,225	203,259	15,617	218,876	-89,588	129,288	-680,711	-551,423
Total Operating Expenses	-56,645	40,989	-15,656	-17,742	-33,398	-78,673	-112,071	160,851	48,780

Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	22,683,801
Total Liabilities	18,892,726
Total Stockholder Equity	3,791,075

	As reported
Total Liabilities	18,892,726
Total Stockholder Equity	+ 3,791,075
Total Assets	= 22,683,801

Assets

Total Assets	22,683,801
Total Current Assets	1,154,765
Long-term Assets	21,529,036

Total Current Assets

Total Current Assets (as reported)	1,154,765
Cash And Cash Equivalents	1,000,213
Short-term Investments	3,507,841
Net Receivables	118,966
Other Current Assets	1,154,765
Total Current Assets (calculated)	5,781,785
+/-	4,627,020

Long-term Assets

Long-term Assets (as reported)	21,529,036
Property Plant Equipment	393,300
Goodwill	1,398,253
Long Term Investments	4,789,823
Intangible Assets	48,770
Long-term Assets Other	18,466,856
Long-term Assets (calculated)	25,097,002
+/-	3,567,966

Liabilities & Shareholders' Equity

Total Current Liabilities	6,299,437
Long-term Liabilities	12,593,289
Total Stockholder Equity	3,791,075

Total Current Liabilities

Total Current Liabilities (as reported)	6,299,437
Short-term Debt	852,758
Accounts payable	194,653
Other Current Liabilities	5,446,679
Total Current Liabilities (calculated)	6,494,090
+/-	194,653

Long-term Liabilities

Long-term Liabilities (as reported)	12,593,289
Long term Debt	1,741,134
Long-term Liabilities (calculated)	1,741,134
+/-	10,852,155

Total Stockholder Equity

Total Stockholder Equity (as reported)	3,791,075
Common Stock	2,015
Retained Earnings	1,690,112
Accumulated Other Comprehensive Income	-249,075
Other Stockholders Equity	2,348,023
Total Stockholder Equity (calculated)	3,791,075
+/-	0

Other

Capital Stock	2,015
Cash and Short Term Investments	-226,363
Common Stock Shares Outstanding	201,891
Current Deferred Revenue	-194,653
Liabilities and Stockholders Equity	22,683,801
Net Debt	928,034
Net Invested Capital	5,532,209
Net Working Capital	-5,144,672
Short Long Term Debt Total	1,928,247

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

> Total Assets

0
0
0
805,186
0
0
0
1,911,491
1,970,910
2,043,487
2,113,498
2,190,648
2,203,576
2,239,920
2,267,672
2,291,630
2,571,145
2,611,619
2,650,590
2,580,093
2,586,151
2,579,926
2,631,736
2,684,865
3,079,334
3,040,382
3,394,195
3,762,646
3,705,553
3,694,469
3,622,166
3,604,117
4,147,952
4,056,405
3,887,909
4,242,130
4,225,507
4,091,337
4,161,306
6,811,861
6,780,776
6,666,140
7,196,371
7,403,272
7,513,974
8,074,382
8,515,553
9,289,122
9,397,451
9,582,126
9,764,238
9,808,465
10,717,468
10,872,228
14,255,967
14,449,760
14,323,229
14,924,120
14,912,738
15,302,438
15,179,501
15,287,575
14,901,935
15,032,047
15,531,732
16,895,406
16,549,758
16,398,804
17,240,241
17,627,192
17,765,056
18,052,138
18,617,995
24,253,168
23,157,370
22,883,588
22,518,255
22,126,429
21,950,638
22,683,801

22,683,801

21,950,638

22,126,429

22,518,255

22,883,588

23,157,370

24,253,168

18,617,995

18,052,138

17,765,056

17,627,192

17,240,241

16,398,804

16,549,758

16,895,406

15,531,732

15,032,047

14,901,935

15,287,575

15,179,501

15,302,438

14,912,738

14,924,120

14,323,229

14,449,760

14,255,967

10,872,228

10,717,468

9,808,465

9,764,238

9,582,126

9,397,451

9,289,122

8,515,553

8,074,382

7,513,974

7,403,272

7,196,371

6,666,140

6,780,776

6,811,861

4,161,306

4,091,337

4,225,507

4,242,130

3,887,909

4,056,405

4,147,952

3,604,117

3,622,166

3,694,469

3,705,553

3,762,646

3,394,195

3,040,382

3,079,334

2,684,865

2,631,736

2,579,926

2,586,151

2,580,093

2,650,590

2,611,619

2,571,145

2,291,630

2,267,672

2,239,920

2,203,576

2,190,648

2,113,498

2,043,487

1,970,910

1,911,491

805,186

> Total Current Assets

0
0
0
565,838
0
0
0
1,280,700
1,344,975
1,415,371
1,489,855
1,541,984
1,607,409
1,655,539
1,692,426
1,733,216
2,034,695
2,098,083
2,141,479
2,091,339
2,116,030
2,136,412
2,184,545
2,231,689
2,583,168
2,557,509
2,868,495
3,139,733
3,032,951
2,993,114
2,852,762
2,776,148
3,199,049
3,155,315
2,940,699
3,304,282
3,286,104
3,139,056
3,097,245
5,000,498
4,953,327
4,819,857
5,286,668
5,425,935
5,546,741
6,105,420
6,502,138
7,161,911
7,281,283
7,466,873
7,650,232
7,849,774
8,534,640
8,568,605
11,225,236
11,346,748
11,205,198
11,763,862
11,732,498
12,089,235
11,887,648
11,956,684
11,539,917
11,673,126
12,143,857
13,371,309
12,902,320
12,642,656
13,420,166
13,294,067
13,007,990
6,816,858
6,623,714
6,688,159
19,294,302
4,869,579
4,562,932
4,357,270
4,071,198
1,154,765

1,154,765

4,071,198

4,357,270

4,562,932

4,869,579

19,294,302

6,688,159

6,623,714

6,816,858

13,007,990

13,294,067

13,420,166

12,642,656

12,902,320

13,371,309

12,143,857

11,673,126

11,539,917

11,956,684

11,887,648

12,089,235

11,732,498

11,763,862

11,205,198

11,346,748

11,225,236

8,568,605

8,534,640

7,849,774

7,650,232

7,466,873

7,281,283

7,161,911

6,502,138

6,105,420

5,546,741

5,425,935

5,286,668

4,819,857

4,953,327

5,000,498

3,097,245

3,139,056

3,286,104

3,304,282

2,940,699

3,155,315

3,199,049

2,776,148

2,852,762

2,993,114

3,032,951

3,139,733

2,868,495

2,557,509

2,583,168

2,231,689

2,184,545

2,136,412

2,116,030

2,091,339

2,141,479

2,098,083

2,034,695

1,733,216

1,692,426

1,655,539

1,607,409

1,541,984

1,489,855

1,415,371

1,344,975

1,280,700

565,838

Cash And Cash Equivalents

0
0
0
19,813
0
0
0
44,679
48,023
51,922
46,047
59,700
60,960
53,541
49,044
55,021
59,690
65,760
60,735
54,168
50,421
46,084
123,957
173,490
193,009
188,214
208,067
287,532
259,957
279,874
152,801
184,304
346,238
358,530
155,629
231,855
302,357
172,724
112,341
165,534
214,559
143,552
137,483
112,528
197,571
204,411
228,656
255,823
158,072
185,394
296,160
216,649
417,089
460,488
552,320
635,933
510,601
495,743
532,057
657,939
562,470
557,302
442,296
490,601
571,435
1,215,656
1,043,337
1,263,788
2,478,548
2,941,253
3,280,256
3,650,315
3,619,458
2,816,376
1,580,421
724,790
688,054
611,191
488,079
1,000,213

1,000,213

488,079

611,191

688,054

724,790

1,580,421

2,816,376

3,619,458

3,650,315

3,280,256

2,941,253

2,478,548

1,263,788

1,043,337

1,215,656

571,435

490,601

442,296

557,302

562,470

657,939

532,057

495,743

510,601

635,933

552,320

460,488

417,089

216,649

296,160

185,394

158,072

255,823

228,656

204,411

197,571

112,528

137,483

143,552

214,559

165,534

112,341

172,724

302,357

231,855

155,629

358,530

346,238

184,304

152,801

279,874

259,957

287,532

208,067

188,214

193,009

173,490

123,957

46,084

50,421

54,168

60,735

65,760

59,690

55,021

49,044

53,541

60,960

59,700

46,047

51,922

48,023

44,679

19,813

Short-term Investments

0
0
0
2,589
0
0
0
12,486
0
515,063
509,203
15,699
476,534
458,782
447,826
3,629
403,755
383,285
381,564
15,268
334,916
309,989
315,269
145,280
362,710
346,621
380,717
265,453
510,019
541,534
610,522
671,221
759,959
712,820
755,197
726,223
724,929
736,406
839,560
1,175,484
1,175,827
1,122,803
1,067,617
1,067,287
1,069,745
1,080,000
1,141,405
1,206,580
1,207,773
1,221,778
1,233,269
1,072,920
1,250,590
1,400,431
1,575,685
1,663,517
1,693,018
1,718,704
1,744,430
1,785,862
2,013,123
2,053,939
2,087,508
2,083,838
2,098,000
2,238,005
2,361,900
2,473,781
2,539,123
3,053,712
3,150,608
3,119,807
2,957,322
3,791,509
4,085,102
4,041,590
3,772,138
3,645,013
3,472,173
3,507,841

3,507,841

3,472,173

3,645,013

3,772,138

4,041,590

4,085,102

3,791,509

2,957,322

3,119,807

3,150,608

3,053,712

2,539,123

2,473,781

2,361,900

2,238,005

2,098,000

2,083,838

2,087,508

2,053,939

2,013,123

1,785,862

1,744,430

1,718,704

1,693,018

1,663,517

1,575,685

1,400,431

1,250,590

1,072,920

1,233,269

1,221,778

1,207,773

1,206,580

1,141,405

1,080,000

1,069,745

1,067,287

1,067,617

1,122,803

1,175,827

1,175,484

839,560

736,406

724,929

726,223

755,197

712,820

759,959

671,221

610,522

541,534

510,019

265,453

380,717

346,621

362,710

145,280

315,269

309,989

334,916

15,268

381,564

383,285

403,755

3,629

447,826

458,782

476,534

15,699

509,203

515,063

12,486

2,589

Net Receivables

0
0
0
4,215
0
0
0
11,158
11,540
12,587
13,894
13,736
14,331
14,847
15,186
14,321
14,649
13,962
13,804
13,115
12,850
12,840
12,815
13,137
14,854
13,071
15,269
16,176
15,337
12,338
15,038
15,551
15,845
14,834
14,872
16,305
14,367
14,424
14,275
22,944
21,865
20,847
23,366
24,075
23,542
24,447
26,977
29,132
28,833
28,548
29,398
30,838
32,413
32,445
41,071
45,708
45,361
45,682
48,909
48,945
50,288
48,992
47,557
45,086
50,295
80,274
72,599
60,528
55,495
48,725
48,577
46,736
46,934
80,274
88,671
103,199
102,740
101,066
110,946
118,966

118,966

110,946

101,066

102,740

103,199

88,671

80,274

46,934

46,736

48,577

48,725

55,495

60,528

72,599

80,274

50,295

45,086

47,557

48,992

50,288

48,945

48,909

45,682

45,361

45,708

41,071

32,445

32,413

30,838

29,398

28,548

28,833

29,132

26,977

24,447

23,542

24,075

23,366

20,847

21,865

22,944

14,275

14,424

14,367

16,305

14,872

14,834

15,845

15,551

15,038

12,338

15,337

16,176

15,269

13,071

14,854

13,137

12,815

12,840

12,850

13,115

13,804

13,962

14,649

14,321

15,186

14,847

14,331

13,736

13,894

12,587

11,540

11,158

4,215

Other Current Assets

0
0
0
541,810
0
0
0
1,224,863
1,285,412
1,350,862
1,429,914
1,468,548
1,532,118
1,587,151
1,628,196
1,663,874
1,960,356
2,018,361
2,066,940
2,024,056
2,052,759
2,077,488
2,047,773
2,045,062
2,375,305
2,356,224
2,645,159
2,836,025
2,757,657
2,700,902
2,684,923
2,576,293
2,836,966
2,781,951
2,770,198
2,329,899
2,244,451
2,215,502
2,131,069
3,636,536
3,541,076
3,532,655
4,058,202
4,222,045
4,255,883
4,796,562
5,105,100
5,670,376
5,886,605
6,031,153
6,091,405
6,529,367
6,834,548
6,675,241
9,056,160
9,001,590
8,956,218
9,503,733
9,407,102
9,596,489
9,261,767
9,296,451
8,962,556
9,053,601
9,424,127
9,837,374
9,424,484
8,844,559
8,347,000
7,250,377
6,858,544
6,841,643
46,934
2,897,023
13,540,108
828,535
791,219
714,532
603,641
1,154,765

1,154,765

603,641

714,532

791,219

828,535

13,540,108

2,897,023

46,934

6,841,643

6,858,544

7,250,377

8,347,000

8,844,559

9,424,484

9,837,374

9,424,127

9,053,601

8,962,556

9,296,451

9,261,767

9,596,489

9,407,102

9,503,733

8,956,218

9,001,590

9,056,160

6,675,241

6,834,548

6,529,367

6,091,405

6,031,153

5,886,605

5,670,376

5,105,100

4,796,562

4,255,883

4,222,045

4,058,202

3,532,655

3,541,076

3,636,536

2,131,069

2,215,502

2,244,451

2,329,899

2,770,198

2,781,951

2,836,966

2,576,293

2,684,923

2,700,902

2,757,657

2,836,025

2,645,159

2,356,224

2,375,305

2,045,062

2,047,773

2,077,488

2,052,759

2,024,056

2,066,940

2,018,361

1,960,356

1,663,874

1,628,196

1,587,151

1,532,118

1,468,548

1,429,914

1,350,862

1,285,412

1,224,863

541,810

> Long-term Assets

0
0
0
239,348
0
0
0
630,791
625,935
628,116
623,643
648,664
596,167
584,381
575,246
558,414
536,450
513,536
509,111
488,754
470,121
443,514
447,191
453,176
495,031
481,380
523,642
622,913
670,829
701,355
769,404
827,969
948,903
901,090
947,210
937,848
939,403
952,281
1,064,061
1,811,363
1,827,449
1,846,283
1,909,703
1,977,337
1,967,233
1,968,962
2,013,415
2,127,211
2,116,168
2,115,253
2,114,006
1,958,691
2,182,828
2,303,623
3,030,731
3,103,012
3,118,031
3,160,258
3,180,240
3,213,203
3,291,853
3,330,891
3,362,018
3,358,921
3,387,875
3,524,097
3,647,438
3,756,148
3,820,075
4,333,125
4,427,071
4,393,637
4,727,739
7,035,156
2,095,743
7,191,076
6,914,836
6,779,231
6,602,017
21,529,036

21,529,036

6,602,017

6,779,231

6,914,836

7,191,076

2,095,743

7,035,156

4,727,739

4,393,637

4,427,071

4,333,125

3,820,075

3,756,148

3,647,438

3,524,097

3,387,875

3,358,921

3,362,018

3,330,891

3,291,853

3,213,203

3,180,240

3,160,258

3,118,031

3,103,012

3,030,731

2,303,623

2,182,828

1,958,691

2,114,006

2,115,253

2,116,168

2,127,211

2,013,415

1,968,962

1,967,233

1,977,337

1,909,703

1,846,283

1,827,449

1,811,363

1,064,061

952,281

939,403

937,848

947,210

901,090

948,903

827,969

769,404

701,355

670,829

622,913

523,642

481,380

495,031

453,176

447,191

443,514

470,121

488,754

509,111

513,536

536,450

558,414

575,246

584,381

596,167

648,664

623,643

628,116

625,935

630,791

239,348

Property Plant Equipment

0
0
0
26,066
0
0
0
51,762
52,376
52,556
54,407
57,339
60,751
64,656
66,770
67,702
71,155
70,745
70,500
73,610
72,815
71,914
70,991
70,810
69,997
75,314
74,860
81,939
90,413
90,128
89,894
88,465
100,674
100,694
105,131
113,883
117,534
119,737
119,637
197,224
196,392
196,194
211,726
206,912
209,326
209,425
205,505
212,163
210,764
207,932
208,137
205,301
212,813
207,071
239,990
237,439
235,607
234,634
233,652
233,261
279,012
278,821
277,966
280,103
281,795
279,498
280,364
278,614
278,620
278,502
276,972
275,760
274,503
415,056
411,479
405,073
402,094
397,315
397,093
393,300

393,300

397,093

397,315

402,094

405,073

411,479

415,056

274,503

275,760

276,972

278,502

278,620

278,614

280,364

279,498

281,795

280,103

277,966

278,821

279,012

233,261

233,652

234,634

235,607

237,439

239,990

207,071

212,813

205,301

208,137

207,932

210,764

212,163

205,505

209,425

209,326

206,912

211,726

196,194

196,392

197,224

119,637

119,737

117,534

113,883

105,131

100,694

100,674

88,465

89,894

90,128

90,413

81,939

74,860

75,314

69,997

70,810

70,991

71,914

72,815

73,610

70,500

70,745

71,155

67,702

66,770

64,656

60,751

57,339

54,407

52,556

52,376

51,762

26,066

Goodwill

0
0
0
18,555
0
0
0
37,527
37,527
37,527
37,527
37,527
37,527
37,527
37,527
37,527
49,849
49,849
50,038
50,038
53,138
53,039
53,039
53,039
53,039
53,039
59,663
59,663
59,663
59,663
59,663
59,663
77,090
77,090
77,090
85,681
85,681
85,681
85,681
301,736
301,736
301,736
313,320
325,423
322,728
322,728
322,728
377,983
377,983
377,983
377,983
377,983
420,941
420,941
929,129
927,949
927,949
956,418
958,408
958,408
958,408
958,408
958,408
958,408
973,025
973,025
973,025
973,025
973,025
973,025
973,025
973,025
973,025
1,398,400
1,394,353
1,398,253
1,398,253
1,398,253
1,398,253
1,398,253

1,398,253

1,394,353

1,398,400

973,025

958,408

956,418

927,949

929,129

420,941

377,983

322,728

325,423

313,320

301,736

85,681

77,090

59,663

53,039

53,138

50,038

49,849

37,527

18,555

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
12,338
15,038
15,551
15,845
14,834
14,872
16,305
14,367
14,424
23,803
137,565
154,228
226,413
319,402
380,865
368,060
361,440
351,926
338,174
327,883
316,273
304,942
315,014
309,012
286,606
276,016
270,464
259,092
250,083
248,175
241,721
50,288
48,992
10,715,199
12,896,512
2,148,295
2,318,279
2,434,499
2,534,309
2,539,123
3,053,712
3,150,608
3,119,807
3,456,587
5,158,290
88,671
5,329,295
5,058,511
4,930,163
4,755,648
4,789,823

4,789,823

4,755,648

4,930,163

5,058,511

5,329,295

88,671

5,158,290

3,456,587

3,119,807

3,150,608

3,053,712

2,539,123

2,534,309

2,434,499

2,318,279

2,148,295

12,896,512

10,715,199

48,992

50,288

241,721

248,175

250,083

259,092

270,464

276,016

286,606

309,012

315,014

304,942

316,273

327,883

338,174

351,926

361,440

368,060

380,865

319,402

226,413

154,228

137,565

23,803

14,424

14,367

16,305

14,872

14,834

15,845

15,551

15,038

12,338

Intangible Assets

0
0
0
22,816
0
0
0
48,727
48,302
10,336
9,897
46,985
9,019
8,580
8,141
7,702
7,934
7,471
7,009
6,547
7,828
7,148
6,468
5,788
8,213
6,406
8,402
11,447
10,734
10,030
9,325
8,620
11,180
10,486
9,792
12,061
11,259
10,457
9,655
22,298
21,131
19,984
21,004
20,925
20,916
19,816
18,828
21,443
20,597
19,835
19,073
18,311
21,885
21,019
50,982
49,351
47,726
46,101
44,484
42,896
41,310
39,723
38,136
36,572
35,055
33,569
32,149
30,728
29,307
27,886
26,466
25,045
23,624
63,410
60,932
58,455
55,978
53,500
51,023
48,770

48,770

51,023

53,500

55,978

58,455

60,932

63,410

23,624

25,045

26,466

27,886

29,307

30,728

32,149

33,569

35,055

36,572

38,136

39,723

41,310

42,896

44,484

46,101

47,726

49,351

50,982

21,019

21,885

18,311

19,073

19,835

20,597

21,443

18,828

19,816

20,916

20,925

21,004

19,984

21,131

22,298

9,655

10,457

11,259

12,061

9,792

10,486

11,180

8,620

9,325

10,030

10,734

11,447

8,402

6,406

8,213

5,788

6,468

7,148

7,828

6,547

7,009

7,471

7,934

7,702

8,141

8,580

9,019

46,985

9,897

10,336

48,302

48,727

22,816

Earning 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
2,436,266
2,428,571
2,359,962
2,405,525
2,522,235
3,268,614
0
0
0
0
0
0
0
0
0
0
0
0
0
0

3,268,614

2,522,235

2,405,525

2,359,962

2,428,571

2,436,266

Other Assets

0
0
0
1,044,534
0
0
0
2,542,282
2,596,845
2,671,603
2,737,141
2,839,312
2,799,743
2,824,301
2,842,918
2,850,044
3,107,595
3,125,155
3,159,701
3,068,847
3,056,272
3,023,440
3,078,927
3,138,041
1,135
1,493
2,058
4,385,559
1,773
4,395,824
4,391,570
4,432,086
5,096,855
4,957,495
4,835,119
5,179,978
5,164,910
5,043,618
5,225,367
8,623,224
8,608,225
8,512,423
9,106,074
9,380,609
9,481,207
10,043,344
10,528,968
11,416,333
11,513,619
11,697,379
11,878,244
11,767,156
12,900,296
13,175,851
17,286,698
17,552,772
17,441,260
18,084,378
18,092,978
18,515,641
18,471,354
18,618,466
18,263,953
18,390,968
18,919,607
20,419,503
20,197,196
20,154,952
21,060,316
21,960,317
329,995
6,841,643
7,266,542
10,529,853
1,767,325
10,822,933
11,040,487
10,989,928
11,277,423
0

11,277,423

10,989,928

11,040,487

10,822,933

1,767,325

10,529,853

7,266,542

6,841,643

329,995

21,960,317

21,060,316

20,154,952

20,197,196

20,419,503

18,919,607

18,390,968

18,263,953

18,618,466

18,471,354

18,515,641

18,092,978

18,084,378

17,441,260

17,552,772

17,286,698

13,175,851

12,900,296

11,767,156

11,878,244

11,697,379

11,513,619

11,416,333

10,528,968

10,043,344

9,481,207

9,380,609

9,106,074

8,512,423

8,608,225

8,623,224

5,225,367

5,043,618

5,164,910

5,179,978

4,835,119

4,957,495

5,096,855

4,432,086

4,391,570

4,395,824

1,773

4,385,559

2,058

1,493

1,135

3,138,041

3,078,927

3,023,440

3,056,272

3,068,847

3,159,701

3,125,155

3,107,595

2,850,044

2,842,918

2,824,301

2,799,743

2,839,312

2,737,141

2,671,603

2,596,845

2,542,282

1,044,534

> Total Liabilities

0
0
0
689,338
0
0
0
1,745,634
1,801,870
1,833,134
1,887,908
1,959,229
1,966,719
2,001,538
2,021,095
2,038,574
2,284,754
2,323,764
2,359,551
2,297,049
2,247,338
2,236,572
2,185,200
2,219,892
2,600,275
2,551,774
2,895,727
3,285,721
3,217,228
3,190,020
3,159,027
3,130,051
3,667,417
3,560,970
3,377,931
3,726,657
3,697,112
3,557,827
3,616,164
5,970,906
5,911,908
5,768,905
6,237,690
6,387,980
6,474,411
7,012,681
7,424,275
8,089,365
8,169,669
8,317,211
8,468,220
8,483,632
9,275,900
9,396,196
12,049,251
12,245,469
12,085,048
12,610,107
12,571,712
12,952,552
12,818,017
12,866,169
12,432,546
12,520,516
13,101,461
14,403,260
14,008,959
13,793,046
14,595,037
14,931,003
15,028,994
15,286,417
15,931,292
20,754,603
19,697,355
19,357,226
18,887,370
18,472,345
18,295,764
18,892,726

18,892,726

18,295,764

18,472,345

18,887,370

19,357,226

19,697,355

20,754,603

15,931,292

15,286,417

15,028,994

14,931,003

14,595,037

13,793,046

14,008,959

14,403,260

13,101,461

12,520,516

12,432,546

12,866,169

12,818,017

12,952,552

12,571,712

12,610,107

12,085,048

12,245,469

12,049,251

9,396,196

9,275,900

8,483,632

8,468,220

8,317,211

8,169,669

8,089,365

7,424,275

7,012,681

6,474,411

6,387,980

6,237,690

5,768,905

5,911,908

5,970,906

3,616,164

3,557,827

3,697,112

3,726,657

3,377,931

3,560,970

3,667,417

3,130,051

3,159,027

3,190,020

3,217,228

3,285,721

2,895,727

2,551,774

2,600,275

2,219,892

2,185,200

2,236,572

2,247,338

2,297,049

2,359,551

2,323,764

2,284,754

2,038,574

2,021,095

2,001,538

1,966,719

1,959,229

1,887,908

1,833,134

1,801,870

1,745,634

689,338

> Total Current Liabilities

0
0
0
8,163
0
0
0
8,504
11,846
11,068
12,233
11,509
12,192
11,061
12,204
13,067
17,936
10,440
12,350
5,202
11,034
14,105
11,594
10,625
21,774
22,558
26,552
27,863
35,285
30,140
24,339
22,593
27,403
15,967
24,590
17,672
21,020
25,787
22,714
5,389
20,113
22,358
25,145
28,761
55,268
56,166
60,141
55,696
73,185
51,476
37,382
53,891
69,125
37,751
38,782
41,959
54,845
55,971
72,381
67,912
124,172
107,695
117,332
102,410
138,479
161,095
139,485
127,999
148,999
118,415
113,721
113,868
131,339
197,503
192,908
196,877
212,887
173,426
175,367
6,299,437

6,299,437

175,367

173,426

212,887

196,877

192,908

197,503

131,339

113,868

113,721

118,415

148,999

127,999

139,485

161,095

138,479

102,410

117,332

107,695

124,172

67,912

72,381

55,971

54,845

41,959

38,782

37,751

69,125

53,891

37,382

51,476

73,185

55,696

60,141

56,166

55,268

28,761

25,145

22,358

20,113

5,389

22,714

25,787

21,020

17,672

24,590

15,967

27,403

22,593

24,339

30,140

35,285

27,863

26,552

22,558

21,774

10,625

11,594

14,105

11,034

5,202

12,350

10,440

17,936

13,067

12,204

11,061

12,192

11,509

12,233

11,068

11,846

8,504

8,163

Short-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
935,248
0
0
0
1,595,160
1,458,139
1,491,961
1,529,719
516,011
1,578,833
1,591,057
1,561,699
459,279
325,200
135,000
20,000
142,998
142,615
128,047
0
146,439
0
0
0
0
0
0
0
0
0
123,120
123,802
189,478
145,437
164,824
162,546
852,758

852,758

162,546

164,824

145,437

189,478

123,802

123,120

146,439

128,047

142,615

142,998

20,000

135,000

325,200

459,279

1,561,699

1,591,057

1,578,833

516,011

1,529,719

1,491,961

1,458,139

1,595,160

935,248

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
935,248
0
0
0
1,595,160
1,458,139
1,491,961
1,529,719
516,011
1,578,833
1,591,057
1,561,699
459,279
325,200
135,000
20,000
142,998
142,615
128,047
0
146,439
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

146,439

128,047

142,615

142,998

20,000

135,000

325,200

459,279

1,561,699

1,591,057

1,578,833

516,011

1,529,719

1,491,961

1,458,139

1,595,160

935,248

Accounts payable

0
0
0
8,163
0
0
0
8,504
11,846
11,068
12,233
11,509
12,192
11,061
12,204
13,067
17,936
10,440
12,350
5,202
11,034
14,105
11,594
10,625
21,774
22,558
26,552
27,863
35,285
30,140
24,339
22,593
27,403
15,967
24,590
17,672
21,020
25,787
22,714
5,389
20,113
22,358
25,145
28,761
55,268
56,166
60,141
55,696
73,185
51,476
37,382
53,891
69,125
37,751
38,782
41,959
54,845
55,971
72,381
67,912
124,172
107,695
117,332
102,410
138,479
161,095
139,485
127,999
148,999
118,415
113,721
113,868
131,339
197,503
192,908
196,877
212,887
173,426
175,367
194,653

194,653

175,367

173,426

212,887

196,877

192,908

197,503

131,339

113,868

113,721

118,415

148,999

127,999

139,485

161,095

138,479

102,410

117,332

107,695

124,172

67,912

72,381

55,971

54,845

41,959

38,782

37,751

69,125

53,891

37,382

51,476

73,185

55,696

60,141

56,166

55,268

28,761

25,145

22,358

20,113

5,389

22,714

25,787

21,020

17,672

24,590

15,967

27,403

22,593

24,339

30,140

35,285

27,863

26,552

22,558

21,774

10,625

11,594

14,105

11,034

5,202

12,350

10,440

17,936

13,067

12,204

11,061

12,192

11,509

12,233

11,068

11,846

8,504

8,163

Other Current Liabilities

0
0
0
-8,163
0
0
0
-8,504
-11,846
-11,068
-12,233
-11,509
-12,192
-11,061
-12,204
-13,067
-17,936
-10,440
-12,350
-5,202
-11,034
-14,105
-11,594
-10,625
-21,774
-22,558
-26,552
-27,863
-35,285
-30,140
-24,339
-22,593
-27,403
-15,967
-24,590
-17,672
-21,020
-25,787
-22,714
-5,389
-20,113
-22,358
-25,145
-28,761
-55,268
-56,166
-60,141
-55,696
-73,185
-51,476
-37,382
-53,891
-69,125
-37,751
-38,782
-41,959
-54,845
-55,971
-72,381
-67,912
-124,172
-107,695
-117,332
-102,410
-138,479
-161,095
-139,485
-127,999
-148,999
-118,415
-113,721
-113,868
-131,339
-197,503
-192,908
-196,877
-212,887
-173,426
-175,367
5,446,679

5,446,679

-175,367

-173,426

-212,887

-196,877

-192,908

-197,503

-131,339

-113,868

-113,721

-118,415

-148,999

-127,999

-139,485

-161,095

-138,479

-102,410

-117,332

-107,695

-124,172

-67,912

-72,381

-55,971

-54,845

-41,959

-38,782

-37,751

-69,125

-53,891

-37,382

-51,476

-73,185

-55,696

-60,141

-56,166

-55,268

-28,761

-25,145

-22,358

-20,113

-5,389

-22,714

-25,787

-21,020

-17,672

-24,590

-15,967

-27,403

-22,593

-24,339

-30,140

-35,285

-27,863

-26,552

-22,558

-21,774

-10,625

-11,594

-14,105

-11,034

-5,202

-12,350

-10,440

-17,936

-13,067

-12,204

-11,061

-12,192

-11,509

-12,233

-11,068

-11,846

-8,504

-8,163

> Long-term Liabilities

0
0
0
99,088
0
0
0
161,809
184,036
171,027
201,803
196,431
172,482
220,073
270,623
296,322
297,491
403,036
325,780
330,550
325,379
325,170
330,057
311,844
302,010
279,855
231,724
221,601
194,578
194,455
187,232
187,108
187,084
184,854
159,373
159,255
133,462
133,344
273,325
411,487
415,761
409,936
774,379
758,783
338,303
927,733
1,276,978
1,466,771
1,397,059
1,441,715
1,481,195
1,366,024
1,515,775
1,457,316
1,412,168
1,667,219
1,483,273
1,678,353
1,732,447
1,841,183
1,474,154
1,268,617
1,060,806
990,996
1,321,184
901,371
773,561
770,326
770,515
770,707
770,900
771,093
1,067,868
858,455
192,908
196,877
212,887
1,141,679
1,441,532
12,593,289

12,593,289

1,441,532

1,141,679

212,887

196,877

192,908

858,455

1,067,868

771,093

770,900

770,707

770,515

770,326

773,561

901,371

1,321,184

990,996

1,060,806

1,268,617

1,474,154

1,841,183

1,732,447

1,678,353

1,483,273

1,667,219

1,412,168

1,457,316

1,515,775

1,366,024

1,481,195

1,441,715

1,397,059

1,466,771

1,276,978

927,733

338,303

758,783

774,379

409,936

415,761

411,487

273,325

133,344

133,462

159,255

159,373

184,854

187,084

187,108

187,232

194,455

194,578

221,601

231,724

279,855

302,010

311,844

330,057

325,170

325,379

330,550

325,780

403,036

297,491

296,322

270,623

220,073

172,482

196,431

201,803

171,027

184,036

161,809

99,088

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
44,331
44,331
44,331
44,331
44,331
28,867
28,867
3,093
3,093
3,093
60,826
60,826
60,826
60,826
60,826
60,826
60,826
60,826
60,826
60,826
60,826
60,826
60,826
60,735
357,838
367,835
368,031
368,212
368,403
368,596
368,790
368,979
369,170
369,363
369,557
369,748
369,939
370,133
370,326
370,515
370,707
370,900
371,093
667,868
458,455
440,568
440,420
440,275
440,129
0
0

440,129

440,275

440,420

440,568

458,455

667,868

371,093

370,900

370,707

370,515

370,326

370,133

369,939

369,748

369,557

369,363

369,170

368,979

368,790

368,596

368,403

368,212

368,031

367,835

357,838

60,735

60,826

3,093

28,867

44,331

Other Liabilities

0
0
0
8,163
0
0
0
8,504
11,846
11,069
12,233
11,509
12,192
11,061
12,204
13,067
17,936
10,440
12,350
5,202
11,034
14,105
11,594
10,625
21,360
22,558
24,494
27,863
33,512
30,140
24,339
22,593
27,403
15,967
24,590
17,672
21,020
25,787
22,714
5,389
20,113
22,358
25,145
28,761
55,268
56,166
60,141
55,696
73,185
51,476
37,382
51,234
69,125
37,751
38,782
41,959
54,845
48,740
59,998
59,021
62,832
49,724
56,667
47,404
80,305
109,283
84,599
79,028
96,827
69,730
60,648
66,661
0
139,598
142,558
140,301
157,430
0
116,263
0

116,263

157,430

140,301

142,558

139,598

66,661

60,648

69,730

96,827

79,028

84,599

109,283

80,305

47,404

56,667

49,724

62,832

59,021

59,998

48,740

54,845

41,959

38,782

37,751

69,125

51,234

37,382

51,476

73,185

55,696

60,141

56,166

55,268

28,761

25,145

22,358

20,113

5,389

22,714

25,787

21,020

17,672

24,590

15,967

27,403

22,593

24,339

30,140

33,512

27,863

24,494

22,558

21,360

10,625

11,594

14,105

11,034

5,202

12,350

10,440

17,936

13,067

12,204

11,061

12,192

11,509

12,233

11,069

11,846

8,504

8,163

> Total Stockholder Equity

0
0
0
106,610
0
0
0
165,857
169,040
210,353
225,590
231,419
236,857
238,382
246,577
253,056
286,391
287,855
291,039
283,044
338,813
343,354
446,536
464,973
479,059
488,608
498,468
476,925
488,325
504,449
463,139
474,066
480,535
495,435
509,978
515,473
528,395
533,510
545,142
840,955
868,868
897,235
958,681
1,015,292
1,039,563
1,061,701
1,091,278
1,199,757
1,227,782
1,264,915
1,296,018
1,324,833
1,441,568
1,476,032
2,206,716
2,204,291
2,238,181
2,314,013
2,341,026
2,349,886
2,361,484
2,421,406
2,469,389
2,511,531
2,430,271
2,492,146
2,540,799
2,605,758
2,645,204
2,696,189
2,736,062
2,765,721
2,686,703
3,498,565
3,460,015
3,526,362
3,630,885
3,654,084
3,654,874
3,791,075

3,791,075

3,654,874

3,654,084

3,630,885

3,526,362

3,460,015

3,498,565

2,686,703

2,765,721

2,736,062

2,696,189

2,645,204

2,605,758

2,540,799

2,492,146

2,430,271

2,511,531

2,469,389

2,421,406

2,361,484

2,349,886

2,341,026

2,314,013

2,238,181

2,204,291

2,206,716

1,476,032

1,441,568

1,324,833

1,296,018

1,264,915

1,227,782

1,199,757

1,091,278

1,061,701

1,039,563

1,015,292

958,681

897,235

868,868

840,955

545,142

533,510

528,395

515,473

509,978

495,435

480,535

474,066

463,139

504,449

488,325

476,925

498,468

488,608

479,059

464,973

446,536

343,354

338,813

283,044

291,039

287,855

286,391

253,056

246,577

238,382

236,857

231,419

225,590

210,353

169,040

165,857

106,610

Common Stock

0
0
0
266
0
0
0
121
121
146
172
172
172
172
172
173
183
183
198
199
199
199
249
257
257
283
284
285
285
285
283
283
281
281
282
281
281
562
563
651
651
651
665
676
676
677
680
701
702
1,404
1,405
1,405
1,434
1,431
1,737
1,736
1,736
1,745
1,741
1,707
1,682
1,675
1,669
1,664
1,651
1,652
1,652
1,651
1,651
1,645
1,640
1,637
1,638
2,053
2,042
2,034
2,032
2,026
2,023
2,015

2,015

2,023

2,026

2,032

2,034

2,042

2,053

1,638

1,637

1,640

1,645

1,651

1,652

1,651

1,664

1,669

1,675

1,682

1,707

1,741

1,745

1,736

1,737

1,431

1,434

1,405

1,404

702

701

680

677

676

665

651

563

562

281

282

281

283

285

284

283

257

249

199

198

183

173

172

146

121

266

Retained Earnings Total Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,766
28,218
40,130
51,800
64,478
77,190
86,837
100,730
114,172
128,316
136,386
158,838
182,382
203,107
226,279
248,951
274,409
299,984
326,898
357,788
389,014
419,999
455,948
490,142
527,338
526,448
530,658
585,586
642,540
701,900
752,184
803,629
853,964
904,980
956,555
891,498
932,856
980,699
1,039,370
1,107,818
1,163,810
1,215,831
1,266,249
1,304,098
1,286,146
1,361,040
1,443,087
1,509,400
1,578,176
0
0

1,578,176

1,509,400

1,443,087

1,361,040

1,286,146

1,304,098

1,266,249

1,215,831

1,163,810

1,107,818

1,039,370

980,699

932,856

891,498

956,555

904,980

853,964

803,629

752,184

701,900

642,540

585,586

530,658

526,448

527,338

490,142

455,948

419,999

389,014

357,788

326,898

299,984

274,409

248,951

226,279

203,107

182,382

158,838

136,386

128,316

114,172

100,730

86,837

77,190

64,478

51,800

40,130

28,218

15,766

Accumulated Other Comprehensive Income

0
0
0
-858
0
0
0
-7,903
-8,191
-11,350
-6,484
-4,892
-4,120
-7,380
-3,895
-2,255
581
-2,796
-5,305
-3,375
-2,152
-1,743
1,554
176
984
3,543
6,171
301
980
5,545
8,786
8,004
7,448
10,138
11,911
12,001
10,643
1,981
-1,364
-4,140
511
4,686
5,336
7,009
10,080
5,884
8,114
4,177
6,465
10,937
8,304
400
1,010
6,442
3,889
-3,421
-20,282
-23,609
-30,721
-13,815
-4,272
14,768
19,882
16,221
20,971
39,007
38,345
44,120
19,449
29,119
26,003
10,462
-104,557
-215,905
-307,455
-305,458
-256,301
-292,678
-350,530
-249,075

-249,075

-350,530

-292,678

-256,301

-305,458

-307,455

-215,905

-104,557

10,462

26,003

29,119

19,449

44,120

38,345

39,007

20,971

16,221

19,882

14,768

-4,272

-13,815

-30,721

-23,609

-20,282

-3,421

3,889

6,442

1,010

400

8,304

10,937

6,465

4,177

8,114

5,884

10,080

7,009

5,336

4,686

511

-4,140

-1,364

1,981

10,643

12,001

11,911

10,138

7,448

8,004

8,786

5,545

980

301

6,171

3,543

984

176

1,554

-1,743

-2,152

-3,375

-5,305

-2,796

581

-2,255

-3,895

-7,380

-4,120

-4,892

-6,484

-11,350

-8,191

-7,903

-858

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
433,306
425,852
425,649
421,006
420,538
420,595
416,354
416,741
416,795
417,627
708,058
708,868
709,516
749,573
781,328
779,856
780,731
782,500
867,981
862,827
863,560
866,310
869,737
948,982
940,821
1,674,642
1,675,318
1,671,141
1,693,337
1,668,106
1,609,810
1,560,994
1,550,999
1,542,858
1,537,091
1,516,151
1,518,631
1,520,103
1,520,617
1,516,286
1,501,615
1,492,588
1,487,373
1,485,524
2,426,271
2,404,388
2,386,699
2,375,754
2,366,560
0
0

2,366,560

2,375,754

2,386,699

2,404,388

2,426,271

1,485,524

1,487,373

1,492,588

1,501,615

1,516,286

1,520,617

1,520,103

1,518,631

1,516,151

1,537,091

1,542,858

1,550,999

1,560,994

1,609,810

1,668,106

1,693,337

1,671,141

1,675,318

1,674,642

940,821

948,982

869,737

866,310

863,560

862,827

867,981

782,500

780,731

779,856

781,328

749,573

709,516

708,868

708,058

417,627

416,795

416,741

416,354

420,595

420,538

421,006

425,649

425,852

433,306

Treasury Stock

-569

Other Stockholders Equity

0
0
0
89,886
0
0
0
146,285
146,638
187,847
194,406
194,595
194,930
195,257
195,429
195,649
220,052
220,248
252,836
253,581
254,501
255,009
349,429
363,519
363,870
431,343
432,668
432,962
433,130
433,306
425,852
425,649
421,006
420,538
420,595
416,354
416,741
416,795
417,627
708,058
708,868
709,516
749,573
781,328
779,856
780,731
782,500
867,981
862,827
863,560
866,310
869,737
948,982
940,821
1,674,642
1,675,318
1,671,141
1,693,337
1,668,106
1,609,810
1,560,994
1,550,999
1,542,858
1,537,091
1,516,151
1,518,631
1,520,103
1,520,617
1,516,286
1,501,615
1,492,588
1,487,373
1,485,524
2,426,271
2,404,388
2,386,699
2,375,754
2,366,560
2,363,210
2,348,023

2,348,023

2,363,210

2,366,560

2,375,754

2,386,699

2,404,388

2,426,271

1,485,524

1,487,373

1,492,588

1,501,615

1,516,286

1,520,617

1,520,103

1,518,631

1,516,151

1,537,091

1,542,858

1,550,999

1,560,994

1,609,810

1,668,106

1,693,337

1,671,141

1,675,318

1,674,642

940,821

948,982

869,737

866,310

863,560

862,827

867,981

782,500

780,731

779,856

781,328

749,573

709,516

708,868

708,058

417,627

416,795

416,741

416,354

420,595

420,538

421,006

425,649

425,852

433,306

433,130

432,962

432,668

431,343

363,870

363,519

349,429

255,009

254,501

253,581

252,836

220,248

220,052

195,649

195,429

195,257

194,930

194,595

194,406

187,847

146,638

146,285

89,886

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31
Accounts Payable	194,653	196,877	113,868	127,999	102,410	67,912	41,959	53,891	55,696	28,761	5,389	17,672	22,593	27,863	10,625	5,202	13,067	11,509	8,504	8,163	-	-	-
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Accumulated Other Comprehensive Income	-249,075	-305,458	10,462	44,120	16,221	-13,815	-3,421	400	4,177	7,009	-4,140	12,001	8,004	301	176	-3,375	-2,255	-4,892	-7,903	-858	-	-	-
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Capital Stock	2,015	2,034	1,637	1,651	1,664	1,707	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Capital Surpluse	0	2,386,699	1,487,373	1,520,617	1,537,091	1,609,810	1,675,318	869,737	867,981	781,328	708,058	416,354	425,649	0	0	0	0	0	0	0	-	-	-
Cash	1,000,213	724,790	3,650,315	1,263,788	490,601	657,939	635,933	216,649	255,823	112,528	165,534	231,855	184,304	287,532	173,490	54,168	55,021	59,700	44,679	19,813	-	-	-
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Cash And Short Term Investments	-226,363	4,766,380	6,770,122	3,737,569	2,574,439	2,443,801	2,299,450	1,289,569	1,462,403	1,179,815	1,341,018	958,078	184,304	287,532	173,490	54,168	55,021	59,700	44,679	19,813	-	-	-
Common Stock	2,015	2,034	1,637	1,651	1,664	1,707	1,736	1,405	701	676	651	281	283	285	257	199	173	172	121	266	-	-	-
Common Stock Shares Outstanding	202,773	195,019	164,858	165,373	167,804	174,124	151,528	140,713	137,130	132,662	116,504	113,260	114,448	114,400	95,537	89,377	83,279	73,936	63,005	69,519	69,519	23,927	22,220
Common Stock Total Equity	0	2,034	1,637	1,651	1,664	1,707	1,736	1,405	701	676	651	281	283	285	257	199	173	172	121	266	-	-	-
Current Deferred Revenue	-194,653	7,399	-34,732	-49,167	-275,496	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Earning Assets	0	0	0	0	2,405,525	2,461,878	2,381,400	1,451,537	1,661,737	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Good Will	1,398,253	1,398,253	973,025	973,025	958,408	958,408	927,949	377,983	377,983	325,423	301,736	85,681	59,663	59,663	53,039	50,038	37,527	37,527	37,527	18,555	-	-	-
Intangible Assets	48,770	58,455	25,045	30,728	36,572	42,896	49,351	18,311	21,443	20,925	22,298	12,061	8,620	11,447	5,788	6,547	7,702	9,458	48,727	22,816	-	-	-
Inventory	-14,029,097	-828,535	-3,698,681	-1,328,736	-544,830	13,733	18,870	15,954	19,178	24,822	50,868	51,919	51,838	33,194	16,484	6,763	5,083	435	758	458	-	-	-
Liabilities And Stockholders Equity	22,683,801	22,883,588	18,052,138	16,398,804	15,032,047	15,302,438	14,449,760	9,808,465	9,289,122	7,403,272	6,811,861	4,242,130	3,604,117	3,762,646	2,684,865	2,580,093	2,291,630	2,190,648	1,911,491	805,186	-	368,983	322,036
Long Term Debt	1,741,134	1,090,420	771,093	370,326	369,557	368,790	368,031	60,826	60,826	60,826	60,826	28,867	44,331	187,401	224,967	311,966	117,975	137,413	117,317	68,088	-	-	-
Long Term Debt Total	0	440,420	371,093	370,326	369,557	368,790	368,031	60,826	60,826	60,826	60,826	28,867	44,331	0	0	0	0	0	0	0	-	-	-
Long Term Investments	4,789,823	5,329,295	3,119,807	2,534,309	12,896,512	241,721	270,464	315,014	338,174	380,865	137,565	16,305	15,551	0	0	0	0	0	0	0	-	-	-
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Net Debt	928,034	365,630	-2,879,222	-493,462	500,395	1,183,244	1,031,286	1,149,375	1,210,948	646,255	245,953	-72,600	2,804	-65,931	138,354	276,382	241,301	136,731	117,130	79,275	-	-	-
Net Invested Capital	5,532,209	4,616,782	3,536,814	3,376,084	3,502,527	4,191,069	3,871,510	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Net Receivables	118,966	103,199	46,736	60,528	45,086	48,945	45,708	30,838	29,132	24,075	22,944	16,305	15,551	16,176	13,137	13,115	14,321	13,736	11,158	4,215	-	-	-
Net Tangible Assets	0	2,069,654	1,767,651	1,602,005	1,516,551	1,348,582	1,226,991	931,196	800,331	668,944	516,921	417,731	405,783	0	0	0	0	0	0	0	-	-	-
Net Working Capital	-5,144,672	4,672,702	6,702,990	3,670,098	2,517,115	12,021,323	2,303,199	1,266,516	1,435,839	1,175,129	1,358,573	956,711	177,262	275,845	176,002	62,081	56,275	61,927	47,333	15,865	-	-	-
Non Current Assets Total	21,529,036	7,191,076	4,393,637	3,756,148	3,358,921	3,213,203	3,103,012	1,958,691	2,127,211	1,977,337	1,811,363	937,848	827,969	622,913	453,176	488,754	558,414	648,664	630,791	239,348	-	-	-
Non Current Liabilities Other	0	978,023	654,754	696,930	867,576	1,683,984	1,488,936	1,477,722	1,590,030	903,183	517,034	214,338	227,689	0	0	0	0	0	0	0	-	-	-
Non Current Liabilities Total	12,593,289	196,877	771,093	770,326	990,996	1,841,183	1,667,219	1,366,024	1,466,771	758,783	411,487	159,255	187,108	221,601	311,844	330,550	296,322	196,431	161,809	99,088	-	-	-
Non Currrent Assets Other	18,466,856	-239,196	-78,290	-70,249	-44,301	-73,275	-3,103,012	-1,958,691	-2,127,211	-1,977,337	-1,811,363	-937,848	-827,969	-622,913	-453,176	-488,754	-558,414	-648,664	-630,791	-239,348	-	-	-
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Other Assets	0	10,822,933	6,841,643	8,844,559	9,053,601	18,515,641	9,001,590	6,529,367	5,670,376	4,222,045	3,636,536	2,329,899	2,576,293	2,836,025	2,045,062	2,024,056	1,663,874	1,468,548	1,224,863	541,810	-	368,983	322,036
Other Current Assets	1,154,765	828,535	3,698,681	1,328,736	544,830	9,596,489	9,001,590	6,529,367	5,670,376	4,222,045	3,636,536	2,329,899	2,576,293	2,836,025	2,045,062	2,024,056	1,663,874	1,468,548	1,224,863	541,810	-	-	-
Other Current Liab	5,446,679	-196,877	-113,868	-127,999	-102,410	-67,912	-41,959	-53,891	-55,696	-28,761	-5,389	-17,672	-22,593	-27,863	-10,625	-5,202	-13,067	-11,509	-8,504	-8,163	-	-	-
Other Liab	0	140,301	66,661	79,028	47,404	59,021	36,376	49,314	53,892	28,761	5,389	17,672	22,593	27,863	10,625	5,202	13,067	11,509	8,504	8,163	-	-	-
Other Stockholder Equity	2,348,023	2,386,699	1,487,373	1,520,617	1,537,091	1,609,810	1,675,318	867,080	867,981	781,328	708,058	416,354	425,649	865,924	727,038	253,581	195,649	194,595	292,570	179,772	-	46,753	35,997
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	49,456	49,275	0	0	0	23	21	-	-	-
Property Plant And Equipment Gross	0	0	0	278,614	280,103	233,261	237,439	205,301	212,163	206,912	197,224	113,883	88,465	81,939	70,810	73,610	67,702	57,339	51,762	26,066	-	-	-
Property Plant And Equipment Net	393,300	405,073	275,760	278,614	280,103	233,261	237,439	205,301	212,163	206,912	197,224	113,883	88,465	81,939	70,810	73,610	67,702	57,339	51,762	26,066	-	-	-
Property Plant Equipment	0	405,073	275,760	283,034	289,246	246,497	256,306	221,252	212,163	206,912	197,224	113,883	88,465	81,939	70,810	73,610	67,702	57,339	51,762	26,066	-	-	-
Retained Earnings	1,690,112	1,443,087	1,266,249	1,039,370	956,555	752,184	530,658	455,948	326,898	226,279	136,386	86,837	40,130	-6,079	51,746	32,639	59,489	41,544	27,331	17,295	-	-	-
Retained Earnings Total Equity	0	1,443,087	1,266,249	1,039,370	956,555	752,184	530,658	455,948	326,898	226,279	136,386	86,837	40,130	0	0	0	0	0	0	0	-	-	-
Short Long Term Debt	0	0	0	0	146,439	142,998	459,279	516,011	1,595,160	935,248	0	0	0	0	0	0	0	0	0	0	-	-	-
Short Long Term Debt Total	1,928,247	1,090,420	771,093	770,326	990,996	1,841,183	1,667,219	1,366,024	1,466,771	758,783	411,487	159,255	187,108	221,601	311,844	330,550	296,322	196,431	161,809	99,088	-	-	-
Short Term Debt	852,758	189,478	148,600	177,166	377,906	142,998	459,279	516,011	1,595,160	935,248	0	0	0	0	0	0	0	0	0	0	-	-	-
Short Term Investments	3,507,841	4,041,590	3,119,807	2,473,781	2,083,838	1,785,862	1,663,517	1,072,920	1,206,580	1,067,287	1,175,484	726,223	671,221	469,864	322,115	355,244	430,399	531,891	12,486	2,589	-	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Total Assets	22,683,801	22,883,588	18,052,138	16,398,804	15,032,047	15,302,438	14,449,760	9,808,465	9,289,122	7,403,272	6,811,861	4,242,130	3,604,117	3,762,646	2,684,865	2,580,093	2,291,630	2,190,648	1,911,491	805,186	-	368,983	322,036
Total Current Assets	1,154,765	4,869,579	6,816,858	3,798,097	2,619,525	12,089,235	2,345,158	1,320,407	1,491,535	1,203,890	1,363,962	974,383	199,855	303,708	186,627	67,283	69,342	73,436	55,837	24,028	-	-	-
Total Current Liabilities	6,299,437	196,877	113,868	127,999	102,410	67,912	41,959	53,891	55,696	28,761	5,389	17,672	22,593	27,863	10,625	5,202	13,067	11,509	8,504	8,163	-	-	-
Total Liab	18,892,726	19,357,226	15,286,417	13,793,046	12,520,516	12,952,552	12,245,469	8,483,632	8,089,365	6,387,980	5,970,906	3,726,657	3,130,051	3,285,721	2,219,892	2,297,049	2,038,574	1,959,229	1,745,634	689,338	-	322,230	286,039
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Total Stockholder Equity	3,791,075	3,526,362	2,765,721	2,605,758	2,511,531	2,349,886	2,204,291	1,324,833	1,199,757	1,015,292	840,955	515,473	474,066	476,925	464,973	283,044	253,056	231,419	165,857	106,610	-	46,753	35,997
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-569	-	-	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31
Accounts Payable	194,653	175,367	173,426	212,887	196,877	192,908	197,503	131,339	113,868	113,721	118,415	148,999	127,999	139,485	161,095	138,479	102,410	117,332	107,695	124,172	67,912	72,381	55,971	54,845	41,959	38,782	37,751	69,125	53,891	37,382	51,476	73,185	55,696	60,141	56,166	55,268	28,761	25,145	22,358	20,113	5,389	22,714	25,787	21,020	17,672	24,590	15,967	27,403	22,593	24,339	30,140	35,285	27,863	26,552	22,558	21,774	10,625	11,594	14,105	11,034	5,202	12,350	10,440	17,936	13,067	12,204	11,061	12,192	11,509	12,233	11,068	11,846	8,504	0	0	0	8,163	0	0	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-249,075	-350,530	-292,678	-256,301	-305,458	-307,455	-215,905	-104,557	10,462	26,003	29,119	19,449	44,120	38,345	39,007	20,971	16,221	19,882	14,768	-4,272	-13,815	-30,721	-23,609	-20,282	-3,421	3,889	6,442	1,010	400	8,304	10,937	6,465	4,177	8,114	5,884	10,080	7,009	5,336	4,686	511	-4,140	-1,364	1,981	10,643	12,001	11,911	10,138	7,448	8,004	8,786	5,545	980	301	6,171	3,543	984	176	1,554	-1,743	-2,152	-3,375	-5,305	-2,796	581	-2,255	-3,895	-7,380	-4,120	-4,892	-6,484	-11,350	-8,191	-7,903	0	0	0	-858	0	0	0
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	2,015	2,023	2,026	2,032	2,034	2,042	2,053	1,638	1,637	1,640	1,645	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	0	2,366,560	2,375,754	2,386,699	2,404,388	2,426,271	1,485,524	1,487,373	1,492,588	1,501,615	1,516,286	1,520,617	1,520,103	1,518,631	1,516,151	1,537,091	1,542,858	1,550,999	1,560,994	1,609,810	1,668,106	1,693,337	1,671,141	1,675,318	1,674,642	940,821	948,982	869,737	866,310	863,560	862,827	867,981	782,500	780,731	779,856	781,328	749,573	709,516	708,868	708,058	417,627	416,795	416,741	416,354	420,595	420,538	421,006	425,649	425,852	433,306	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	1,000,213	488,079	611,191	688,054	724,790	1,580,421	2,816,376	3,619,458	3,650,315	3,280,256	2,941,253	2,478,548	1,263,788	1,043,337	1,215,656	571,435	490,601	442,296	557,302	562,470	657,939	532,057	495,743	510,601	635,933	552,320	460,488	417,089	216,649	296,160	185,394	158,072	255,823	228,656	204,411	197,571	112,528	137,483	143,552	214,559	165,534	112,341	172,724	302,357	231,855	155,629	358,530	346,238	184,304	152,801	279,874	259,957	287,532	208,067	188,214	193,009	173,490	123,957	46,084	50,421	54,168	60,735	65,760	59,690	55,021	49,044	53,541	60,960	59,700	46,047	51,922	48,023	44,679	0	0	0	19,813	0	0	0
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	-226,363	3,960,252	4,256,204	4,460,192	4,766,380	5,665,523	6,607,885	6,576,780	6,770,122	6,430,864	5,994,965	5,017,671	3,737,569	3,405,237	3,453,661	2,669,435	2,574,439	2,529,804	2,611,241	2,575,593	2,443,801	2,276,487	2,214,447	2,203,619	2,299,450	2,128,005	1,860,919	1,667,679	1,289,569	1,529,429	1,407,172	1,365,845	1,462,403	1,370,061	1,284,411	1,267,316	1,179,815	1,205,100	1,266,355	1,390,386	1,341,018	951,901	909,130	1,027,286	958,078	155,629	358,530	346,238	184,304	152,801	279,874	259,957	287,532	208,067	188,214	193,009	173,490	123,957	46,084	50,421	54,168	60,735	65,760	59,690	55,021	49,044	53,541	60,960	59,700	46,047	51,922	48,023	44,679	0	0	0	19,813	0	0	0
Common Stock	2,015	2,023	2,026	2,032	2,034	2,042	2,053	1,638	1,637	1,640	1,645	1,651	1,651	1,652	1,652	1,651	1,664	1,669	1,675	1,682	1,707	1,741	1,745	1,736	1,736	1,737	1,431	1,434	1,405	1,405	1,404	702	701	680	677	676	676	665	651	651	651	563	562	281	281	282	281	281	283	283	285	285	285	284	283	257	257	249	199	199	199	198	183	183	173	172	172	172	172	172	146	121	121	0	0	0	266	0	0	0
Common Stock Shares Outstanding	201,891	202,650	202,923	203,625	204,179	205,135	206,015	164,196	164,306	164,603	165,226	165,446	165,119	165,200	165,163	166,014	166,696	167,178	167,791	169,592	173,311	174,867	173,936	174,383	174,349	144,987	144,116	142,492	140,781	140,703	140,608	140,688	140,616	136,162	135,830	135,846	135,306	133,232	131,090	131,022	126,468	113,240	113,154	113,068	112,976	113,364	113,132	113,644	112,920	114,532	114,760	114,688	113,876	114,576	114,344	113,148	113,148	91,092	88,537	88,524	87,397	89,421	89,309	88,680	86,463	82,812	82,931	83,794	80,801	80,575	66,167	68,391	57,608	57,608	69,519	69,519	69,519	69,519	69,519	69,519
Common Stock Total Equity	0	0	2,026	2,032	2,034	2,042	2,053	1,638	1,637	1,640	1,645	1,651	1,651	1,652	1,652	1,651	1,664	1,669	1,675	1,682	1,707	1,741	1,745	1,736	1,736	1,737	1,431	1,434	1,405	1,405	1,404	702	701	680	677	676	676	665	651	651	651	563	562	281	281	282	281	281	283	283	285	285	285	284	283	257	257	249	199	199	199	198	183	183	173	172	172	172	172	172	146	121	121	0	0	0	266	0	0	0
Current Deferred Revenue	-194,653	12,821	8,602	67,450	7,399	69,106	74,383	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,268,614	2,522,235	2,405,525	2,359,962	2,428,571	2,436,266	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	1,398,253	1,398,253	1,398,253	1,398,253	1,398,253	1,394,353	1,398,400	973,025	973,025	973,025	973,025	973,025	973,025	973,025	973,025	973,025	958,408	958,408	958,408	958,408	958,408	958,408	956,418	927,949	927,949	929,129	420,941	420,941	377,983	377,983	377,983	377,983	377,983	322,728	322,728	322,728	325,423	313,320	301,736	301,736	301,736	85,681	85,681	85,681	85,681	77,090	77,090	77,090	59,663	59,663	59,663	59,663	59,663	59,663	53,039	53,039	53,039	53,039	53,039	53,138	50,038	50,038	49,849	49,849	37,527	37,527	37,527	37,527	37,527	37,527	37,527	37,527	37,527	0	0	0	18,555	0	0	0
Intangible Assets	48,770	51,023	53,500	55,978	58,455	60,932	63,410	23,624	25,045	26,466	27,886	29,307	30,728	32,149	33,569	35,055	36,572	38,136	39,723	41,310	42,896	44,484	46,101	47,726	49,351	50,982	21,019	21,885	18,311	19,073	19,835	20,597	21,443	18,828	19,816	20,916	20,925	21,004	19,984	21,131	22,298	9,655	10,457	11,259	12,061	9,792	10,486	11,180	8,620	9,325	10,030	10,734	11,447	8,402	6,406	8,213	5,788	6,468	7,148	7,828	6,547	7,009	7,471	7,934	7,702	8,141	8,580	9,019	46,985	9,897	10,336	48,302	48,727	0	0	0	22,816	0	0	0
Inventory	-14,029,097	-603,641	-714,532	-791,219	-828,535	469	-2,897,023	1,144	1,630	1,171	1,969	3,004	4,420	4,569	6,539	8,651	9,590	9,086	14,681	15,413	13,733	13,912	17,856	20,134	18,867	21,701	18,789	17,315	15,951	17,053	17,778	50,802	19,140	20,816	21,011	23,711	24,822	32,880	38,156	43,685	50,868	38,478	43,058	48,789	51,919	46,741	49,489	54,378	51,838	48,724	41,796	38,956	33,194	31,258	19,058	26,282	16,484	19,111	17,606	15,397	6,763	9,392	5,284	5,097	5,083	4,915	182	327	435	732	611	663	758	0	0	0	458	0	0	0
Liabilities And Stockholders Equity	22,683,801	21,950,638	22,126,429	22,518,255	22,883,588	23,157,370	24,253,168	18,617,995	18,052,138	17,765,056	17,627,192	17,240,241	16,398,804	16,549,758	16,895,406	15,531,732	15,032,047	14,901,935	15,287,575	15,179,501	15,302,438	14,912,738	14,924,120	14,323,229	14,449,760	14,255,967	10,872,228	10,717,468	9,808,465	9,764,238	9,582,126	9,397,451	9,289,122	8,515,553	8,074,382	7,513,974	7,403,272	7,196,371	6,666,140	6,780,776	6,811,861	4,161,306	4,091,337	4,225,507	4,242,130	3,887,909	4,056,405	4,147,952	3,604,117	3,622,166	3,694,469	3,705,553	3,762,646	3,394,195	3,040,382	3,079,334	2,684,865	2,631,736	2,579,926	2,586,151	2,580,093	2,650,590	2,611,619	2,571,145	2,291,630	2,267,672	2,239,920	2,203,576	2,190,648	2,113,498	2,043,487	1,970,910	1,911,491	0	0	0	805,186	0	0	0
Long Term Debt	1,741,134	1,441,532	1,141,679	1,090,275	1,090,420	440,568	858,455	1,067,868	771,093	770,900	770,707	770,515	370,326	370,133	369,939	369,748	369,557	369,363	369,170	368,979	368,790	368,596	368,403	368,212	368,031	367,835	357,838	60,735	60,826	60,826	60,826	60,826	60,826	60,826	60,826	60,826	60,826	60,826	60,826	60,826	60,826	3,093	3,093	3,093	28,867	28,867	44,331	44,331	44,331	44,331	44,331	194,578	221,601	231,724	279,855	302,010	311,844	330,057	325,170	325,379	330,550	325,780	286,171	297,491	180,322	270,623	220,073	172,482	191,431	166,641	162,684	167,979	157,873	0	0	0	68,088	0	0	0
Long Term Debt Total	0	0	440,129	440,275	440,420	440,568	458,455	667,868	371,093	370,900	370,707	370,515	370,326	370,133	369,939	369,748	369,557	369,363	369,170	368,979	368,790	368,596	368,403	368,212	368,031	367,835	357,838	60,735	60,826	60,826	60,826	60,826	60,826	60,826	60,826	60,826	60,826	60,826	60,826	60,826	60,826	3,093	3,093	3,093	28,867	28,867	44,331	44,331	44,331	44,331	44,331	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	4,789,823	4,755,648	4,930,163	5,058,511	5,329,295	88,671	5,158,290	3,456,587	3,119,807	3,150,608	3,053,712	2,539,123	2,534,309	2,434,499	2,318,279	2,148,295	12,896,512	10,715,199	48,992	50,288	241,721	248,175	250,083	259,092	270,464	276,016	286,606	309,012	315,014	304,942	316,273	327,883	338,174	351,926	361,440	368,060	380,865	319,402	226,413	154,228	137,565	23,803	14,424	14,367	16,305	14,872	14,834	15,845	15,551	15,038	12,338	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative 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
Net Debt	928,034	953,453	530,488	402,221	365,630	-739,853	-1,957,921	-2,551,590	-2,879,222	-2,509,356	-2,170,546	-1,708,033	-493,462	-269,776	-314,285	749,749	500,395	618,510	711,315	911,684	1,183,244	1,200,390	1,182,610	972,672	1,031,286	859,848	996,828	1,098,686	1,149,375	1,185,035	1,256,321	1,238,987	1,210,948	1,048,322	723,322	140,732	646,255	636,896	266,384	201,202	245,953	160,984	-39,380	-168,895	-72,600	3,744	-173,676	-159,154	2,804	34,431	-85,419	-65,379	-65,931	23,657	91,641	109,001	138,354	206,100	279,086	274,958	276,382	265,045	337,276	237,801	241,301	221,579	166,532	111,522	136,731	155,756	119,105	136,013	117,130	0	0	0	79,275	0	0	0
Net Invested Capital	5,532,209	5,096,406	4,795,763	4,721,160	4,616,782	4,300,583	4,357,020	3,754,571	3,536,814	3,506,962	3,466,896	3,415,719	3,376,084	3,314,360	3,393,517	3,751,455	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	118,966	110,946	101,066	102,740	103,199	88,671	80,274	46,934	46,736	48,577	48,725	55,495	60,528	72,599	80,274	50,295	45,086	47,557	48,992	50,288	48,945	48,909	45,682	45,361	45,708	41,071	32,445	32,413	30,838	29,398	28,548	28,833	29,132	26,977	24,447	23,542	24,075	23,366	20,847	21,865	22,944	14,275	14,424	14,367	16,305	14,872	14,834	15,845	15,551	15,038	12,338	15,337	16,176	15,269	13,071	14,854	13,137	12,815	12,840	12,850	13,115	13,804	13,962	14,649	14,321	15,186	14,847	14,331	13,736	13,894	12,587	11,540	11,158	0	0	0	4,215	0	0	0
Net Tangible Assets	0	2,205,598	2,202,331	2,176,654	2,069,654	2,004,730	2,036,755	1,690,054	1,767,651	1,736,571	1,695,278	1,642,872	1,602,005	1,535,625	1,485,552	1,422,191	1,516,551	1,472,845	1,423,275	1,361,766	1,348,582	1,338,134	1,311,494	1,262,506	1,226,991	1,226,605	1,034,072	998,742	931,196	898,962	867,097	829,201	800,331	749,722	719,157	695,919	668,944	624,357	575,515	546,001	516,921	449,806	437,372	431,455	417,731	423,096	407,859	392,265	405,783	394,151	385,209	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	-5,144,672	3,895,831	4,183,844	4,350,045	4,672,702	19,101,394	6,490,656	6,492,375	6,702,990	12,894,269	13,175,652	13,271,167	12,514,657	12,762,835	13,210,214	12,005,378	11,570,716	11,422,585	11,848,989	11,763,476	12,021,323	11,660,117	11,707,891	11,150,353	11,304,789	11,186,454	8,530,854	8,465,515	7,795,883	7,612,850	7,415,397	7,208,098	7,106,215	6,441,997	6,049,254	5,491,473	5,397,174	5,261,523	4,797,499	4,933,214	4,995,109	3,074,531	3,113,269	3,265,084	3,286,610	2,916,109	3,139,348	3,171,646	2,753,555	2,828,423	2,962,974	2,997,666	3,111,870	2,841,943	2,534,951	2,561,394	2,221,064	2,172,951	2,122,307	2,104,996	2,086,137	2,129,129	2,087,643	2,016,759	1,720,149	1,680,222	1,644,478	1,595,217	1,530,475	1,477,622	1,404,303	1,333,129	1,272,196	0	0	0	557,675	0	0	0
Non Current Assets Total	21,529,036	6,602,017	6,779,231	6,914,836	7,191,076	2,095,743	7,035,156	4,727,739	4,393,637	4,427,071	4,333,125	3,820,075	3,756,148	3,647,438	3,524,097	3,387,875	3,358,921	3,362,018	3,330,891	3,291,853	3,213,203	3,180,240	3,160,258	3,118,031	3,103,012	3,030,731	2,303,623	2,182,828	1,958,691	2,114,006	2,115,253	2,116,168	2,127,211	2,013,415	1,968,962	1,967,233	1,977,337	1,909,703	1,846,283	1,827,449	1,811,363	1,064,061	952,281	939,403	937,848	947,210	901,090	948,903	827,969	769,404	701,355	670,829	622,913	523,642	481,380	495,031	453,176	447,191	443,514	470,121	488,754	509,111	513,536	536,450	558,414	575,246	584,381	596,167	648,664	623,643	628,116	625,935	630,791	0	0	0	239,348	0	0	0
Non Current Liabilities Other	0	0	1,035,325	1,001,629	978,023	714,463	716,076	682,490	654,754	654,723	668,955	711,928	696,930	701,360	855,385	1,216,799	867,576	965,813	1,149,683	1,381,586	1,683,984	1,578,378	1,505,671	1,320,221	1,488,936	1,232,646	1,270,970	1,647,958	1,477,722	1,567,101	1,543,437	1,531,324	1,590,030	1,410,435	1,073,819	511,360	903,183	899,593	516,070	512,572	517,034	364,253	229,499	228,583	214,338	216,595	223,110	242,687	227,689	229,647	245,896	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	12,593,289	1,441,532	1,141,679	212,887	196,877	192,908	858,455	1,067,868	771,093	770,900	770,707	770,515	770,326	773,561	901,371	1,321,184	990,996	1,060,806	1,268,617	1,474,154	1,841,183	1,732,447	1,678,353	1,483,273	1,667,219	1,412,168	1,457,316	1,515,775	1,366,024	1,481,195	1,441,715	1,397,059	1,466,771	1,276,978	927,733	338,303	758,783	774,379	409,936	415,761	411,487	273,325	133,344	133,462	159,255	159,373	184,854	187,084	187,108	187,232	194,455	194,578	221,601	231,724	279,855	302,010	311,844	330,057	325,170	325,379	330,550	325,780	403,036	297,491	296,322	270,623	220,073	172,482	196,431	201,803	171,027	184,036	161,809	0	0	0	99,088	0	0	0
Non Currrent Assets Other	18,466,856	-222,741	-206,430	-193,334	-239,196	-5,336,109	-208,585	-116,605	-3,388,389	-69,724	-72,273	-77,145	-2,752,395	-75,167	-74,333	-77,110	9,053,601	-53,436	-58,517	-64,061	9,596,489	-79,548	-78,435	-78,328	9,001,590	-121,787	-68,368	-67,063	6,529,367	-56,435	-61,613	-69,563	5,670,376	-63,075	-62,088	-59,594	4,222,045	-68,070	-73,151	-82,886	3,636,536	-46,045	-46,655	-40,907	2,329,899	-33,680	-31,115	-34,680	-759,686	-21,998	-22,265	-21,420	-551,803	-13,080	-9,652	-10,424	-395,439	-13,423	295,320	-16,659	58,476	-14,530	-12,420	-10,583	45,229	-9,499	-11,023	-8,455	46,985	-9,043	-11,903	48,302	48,727	0	0	0	22,816	0	0	0
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	11,277,423	10,989,928	11,040,487	10,822,933	1,767,325	10,529,853	7,266,542	6,841,643	329,995	21,960,317	21,060,316	20,154,952	20,197,196	20,419,503	18,919,607	18,390,968	18,263,953	18,618,466	18,471,354	18,515,641	18,092,978	18,084,378	17,441,260	17,552,772	17,286,698	13,175,851	12,900,296	11,767,156	11,878,244	11,697,379	11,513,619	11,416,333	10,528,968	10,043,344	9,481,207	9,380,609	9,106,074	8,512,423	8,608,225	8,623,224	5,225,367	5,043,618	5,164,910	5,179,978	4,835,119	4,957,495	5,096,855	4,432,086	4,391,570	4,395,824	1,773	4,385,559	2,058	1,493	1,135	3,138,041	3,078,927	3,023,440	3,056,272	3,068,847	3,159,701	3,125,155	3,107,595	2,850,044	2,842,918	2,824,301	2,799,743	2,839,312	2,737,141	2,671,603	2,596,845	2,542,282	0	0	0	1,044,534	0	0	0
Other Current Assets	1,154,765	603,641	714,532	791,219	828,535	13,540,108	2,897,023	46,934	6,841,643	6,858,544	7,250,377	8,347,000	8,844,559	9,424,484	9,837,374	9,424,127	9,053,601	8,962,556	9,296,451	9,261,767	9,596,489	9,407,102	9,503,733	8,956,218	9,001,590	9,056,160	6,675,241	6,834,548	6,529,367	6,091,405	6,031,153	5,886,605	5,670,376	5,105,100	4,796,562	4,255,883	4,222,045	4,058,202	3,532,655	3,541,076	3,636,536	2,131,069	2,215,502	2,244,451	2,329,899	2,770,198	2,781,951	2,836,966	2,576,293	2,684,923	2,700,902	2,757,657	2,836,025	2,645,159	2,356,224	2,375,305	2,045,062	2,047,773	2,077,488	2,052,759	2,024,056	2,066,940	2,018,361	1,960,356	1,663,874	1,628,196	1,587,151	1,532,118	1,468,548	1,429,914	1,350,862	1,285,412	1,224,863	0	0	0	541,810	0	0	0
Other Current Liab	5,446,679	-175,367	-173,426	-212,887	-196,877	-192,908	-197,503	-131,339	-113,868	-113,721	-118,415	-148,999	-127,999	-139,485	-161,095	-138,479	-102,410	-117,332	-107,695	-124,172	-67,912	-72,381	-55,971	-54,845	-41,959	-38,782	-37,751	-69,125	-53,891	-37,382	-51,476	-73,185	-55,696	-60,141	-56,166	-55,268	-28,761	-25,145	-22,358	-20,113	-5,389	-22,714	-25,787	-21,020	-17,672	-24,590	-15,967	-27,403	-22,593	-24,339	-30,140	-35,285	-27,863	-26,552	-22,558	-21,774	-10,625	-11,594	-14,105	-11,034	-5,202	-12,350	-10,440	-17,936	-13,067	-12,204	-11,061	-12,192	-11,509	-12,233	-11,068	-11,846	-8,504	0	0	0	-8,163	0	0	0
Other Liab	0	116,263	0	157,430	140,301	142,558	139,598	0	66,661	60,648	69,730	96,827	79,028	84,599	109,283	80,305	47,404	56,667	49,724	62,832	59,021	59,998	48,740	54,845	41,959	38,782	37,751	69,125	51,234	37,382	51,476	73,185	55,696	60,141	56,166	55,268	28,761	25,145	22,358	20,113	5,389	22,714	25,787	21,020	17,672	24,590	15,967	27,403	22,593	24,339	30,140	33,512	27,863	24,494	22,558	21,360	10,625	11,594	14,105	11,034	5,202	12,350	10,440	17,936	13,067	12,204	11,061	12,192	11,509	12,233	11,069	11,846	8,504	0	0	0	8,163	0	0	0
Other Stockholder Equity	2,348,023	2,363,210	2,366,560	2,375,754	2,386,699	2,404,388	2,426,271	1,485,524	1,487,373	1,492,588	1,501,615	1,516,286	1,520,617	1,520,103	1,518,631	1,516,151	1,537,091	1,542,858	1,550,999	1,560,994	1,609,810	1,668,106	1,693,337	1,671,141	1,675,318	1,674,642	940,821	948,982	869,737	866,310	863,560	862,827	867,981	782,500	780,731	779,856	781,328	749,573	709,516	708,868	708,058	417,627	416,795	416,741	416,354	420,595	420,538	421,006	425,649	425,852	433,306	433,130	432,962	432,668	431,343	363,870	363,519	349,429	255,009	254,501	253,581	252,836	220,248	220,052	195,649	195,429	195,257	194,930	194,595	194,406	187,847	146,638	146,285	0	0	0	89,886	0	0	0
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	49,547	49,502	49,456	49,411	49,366	49,320	49,275	49,230	49,185	49,139	0	0	0	0	0	0	0	0	0	0	23	23	23	0	0	0	21	0	0	0
Property Plant And Equipment Gross	0	0	0	0	0	0	0	0	0	0	278,502	278,620	278,614	280,364	279,498	281,795	280,103	277,966	278,821	279,012	233,261	233,652	234,634	235,607	237,439	239,990	207,071	212,813	205,301	208,137	207,932	210,764	212,163	205,505	209,425	209,326	206,912	211,726	196,194	196,392	197,224	119,637	119,737	117,534	113,883	105,131	100,694	100,674	88,465	89,894	90,128	90,413	81,939	74,860	75,314	69,997	70,810	70,991	71,914	72,815	73,610	70,500	70,745	71,155	67,702	66,770	64,656	60,751	57,339	54,407	52,556	52,376	51,762	0	0	0	26,066	0	0	0
Property Plant And Equipment Net	393,300	397,093	397,315	402,094	405,073	411,479	415,056	274,503	275,760	276,972	278,502	278,620	278,614	280,364	279,498	281,795	280,103	277,966	278,821	279,012	233,261	233,652	234,634	235,607	237,439	239,990	207,071	212,813	205,301	208,137	207,932	210,764	212,163	205,505	209,425	209,326	206,912	211,726	196,194	196,392	197,224	119,637	119,737	117,534	113,883	105,131	100,694	100,674	88,465	89,894	90,128	90,413	81,939	74,860	75,314	69,997	70,810	70,991	71,914	72,815	73,610	70,500	70,745	71,155	67,702	66,770	64,656	60,751	57,339	54,407	52,556	52,376	51,762	0	0	0	26,066	0	0	0
Property Plant Equipment	0	397,093	398,040	402,519	405,073	411,844	415,056	274,503	275,760	276,972	278,502	278,620	283,034	284,686	285,790	289,999	289,246	286,605	292,555	293,478	246,497	247,159	252,487	255,741	256,306	261,691	225,860	230,128	221,252	225,190	207,932	210,764	212,163	205,505	209,425	209,326	206,912	211,726	196,194	196,392	197,224	119,637	119,737	117,534	113,883	105,131	100,694	100,674	88,465	89,894	90,128	90,413	81,939	74,860	75,314	69,997	70,810	70,991	71,914	72,815	73,610	70,500	70,745	71,155	67,702	66,770	64,656	60,751	57,339	54,407	52,556	52,376	51,762	0	0	0	26,066	0	0	0
Retained Earnings	1,690,112	1,640,171	1,578,176	1,509,400	1,443,087	1,361,040	1,286,146	1,304,098	1,266,249	1,215,831	1,163,810	1,107,818	1,039,370	980,699	932,856	891,498	956,555	904,980	853,964	803,170	752,184	701,900	642,540	585,586	530,658	526,448	527,338	490,142	455,948	419,999	389,014	357,788	326,898	299,984	274,409	248,951	226,279	203,107	182,382	158,838	136,386	128,316	114,172	100,730	86,837	77,190	64,478	51,800	40,130	28,218	15,766	4,428	-6,079	9,934	4,073	64,628	51,746	46,074	40,704	37,126	32,639	43,310	70,220	65,575	59,489	54,871	50,333	45,875	41,544	37,496	33,687	30,449	27,331	0	0	0	17,295	0	0	0
Retained Earnings Total Equity	0	0	1,578,176	1,509,400	1,443,087	1,361,040	1,286,146	1,304,098	1,266,249	1,215,831	1,163,810	1,107,818	1,039,370	980,699	932,856	891,498	956,555	904,980	853,964	803,629	752,184	701,900	642,540	585,586	530,658	526,448	527,338	490,142	455,948	419,999	389,014	357,788	326,898	299,984	274,409	248,951	226,279	203,107	182,382	158,838	136,386	128,316	114,172	100,730	86,837	77,190	64,478	51,800	40,130	28,218	15,766	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	146,439	0	128,047	142,615	142,998	20,000	135,000	325,200	459,279	1,561,699	1,591,057	1,578,833	516,011	1,529,719	1,491,961	1,458,139	1,595,160	0	0	0	935,248	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	1,928,247	1,441,532	1,141,679	1,090,275	1,090,420	840,568	858,455	1,067,868	771,093	770,900	770,707	770,515	770,326	773,561	901,371	1,321,184	990,996	1,060,806	1,268,617	1,474,154	1,841,183	1,732,447	1,678,353	1,483,273	1,667,219	1,412,168	1,457,316	1,515,775	1,366,024	1,481,195	1,441,715	1,397,059	1,466,771	1,276,978	927,733	338,303	758,783	774,379	409,936	415,761	411,487	273,325	133,344	133,462	159,255	159,373	184,854	187,084	187,108	187,232	194,455	194,578	221,601	231,724	279,855	302,010	311,844	330,057	325,170	325,379	330,550	325,780	403,036	297,491	296,322	270,623	220,073	172,482	196,431	201,803	171,027	184,036	161,809	0	0	0	99,088	0	0	0
Short Term Debt	852,758	162,546	164,824	145,437	189,478	123,802	123,120	0	0	0	0	0	0	0	0	0	146,439	0	128,047	142,615	142,998	20,000	135,000	325,200	459,279	1,561,699	1,591,057	1,578,833	516,011	1,529,719	1,491,961	1,458,139	1,595,160	0	0	0	935,248	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Term Investments	3,507,841	3,472,173	3,645,013	3,772,138	4,041,590	4,085,102	3,791,509	2,957,322	3,119,807	3,150,608	3,053,712	2,539,123	2,473,781	2,361,900	2,238,005	2,098,000	2,083,838	2,087,508	2,053,939	2,013,123	1,785,862	1,744,430	1,718,704	1,693,018	1,663,517	1,575,685	1,400,431	1,250,590	1,072,920	1,233,269	1,221,778	1,207,773	1,206,580	1,141,405	1,080,000	1,069,745	1,067,287	1,067,617	1,122,803	1,175,827	1,175,484	839,560	736,406	724,929	726,223	755,197	712,820	759,959	671,221	610,522	541,534	510,019	265,453	380,717	346,621	362,710	145,280	315,269	309,989	334,916	15,268	381,564	383,285	403,755	3,629	447,826	458,782	476,534	15,699	509,203	515,063	0	12,486	0	0	0	2,589	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	22,683,801	21,950,638	22,126,429	22,518,255	22,883,588	23,157,370	24,253,168	18,617,995	18,052,138	17,765,056	17,627,192	17,240,241	16,398,804	16,549,758	16,895,406	15,531,732	15,032,047	14,901,935	15,287,575	15,179,501	15,302,438	14,912,738	14,924,120	14,323,229	14,449,760	14,255,967	10,872,228	10,717,468	9,808,465	9,764,238	9,582,126	9,397,451	9,289,122	8,515,553	8,074,382	7,513,974	7,403,272	7,196,371	6,666,140	6,780,776	6,811,861	4,161,306	4,091,337	4,225,507	4,242,130	3,887,909	4,056,405	4,147,952	3,604,117	3,622,166	3,694,469	3,705,553	3,762,646	3,394,195	3,040,382	3,079,334	2,684,865	2,631,736	2,579,926	2,586,151	2,580,093	2,650,590	2,611,619	2,571,145	2,291,630	2,267,672	2,239,920	2,203,576	2,190,648	2,113,498	2,043,487	1,970,910	1,911,491	0	0	0	805,186	0	0	0
Total Current Assets	1,154,765	4,071,198	4,357,270	4,562,932	4,869,579	19,294,302	6,688,159	6,623,714	6,816,858	13,007,990	13,294,067	13,420,166	12,642,656	12,902,320	13,371,309	12,143,857	11,673,126	11,539,917	11,956,684	11,887,648	12,089,235	11,732,498	11,763,862	11,205,198	11,346,748	11,225,236	8,568,605	8,534,640	7,849,774	7,650,232	7,466,873	7,281,283	7,161,911	6,502,138	6,105,420	5,546,741	5,425,935	5,286,668	4,819,857	4,953,327	5,000,498	3,097,245	3,139,056	3,286,104	3,304,282	2,940,699	3,155,315	3,199,049	2,776,148	2,852,762	2,993,114	3,032,951	3,139,733	2,868,495	2,557,509	2,583,168	2,231,689	2,184,545	2,136,412	2,116,030	2,091,339	2,141,479	2,098,083	2,034,695	1,733,216	1,692,426	1,655,539	1,607,409	1,541,984	1,489,855	1,415,371	1,344,975	1,280,700	0	0	0	565,838	0	0	0
Total Current Liabilities	6,299,437	175,367	173,426	212,887	196,877	192,908	197,503	131,339	113,868	113,721	118,415	148,999	127,999	139,485	161,095	138,479	102,410	117,332	107,695	124,172	67,912	72,381	55,971	54,845	41,959	38,782	37,751	69,125	53,891	37,382	51,476	73,185	55,696	60,141	56,166	55,268	28,761	25,145	22,358	20,113	5,389	22,714	25,787	21,020	17,672	24,590	15,967	27,403	22,593	24,339	30,140	35,285	27,863	26,552	22,558	21,774	10,625	11,594	14,105	11,034	5,202	12,350	10,440	17,936	13,067	12,204	11,061	12,192	11,509	12,233	11,068	11,846	8,504	0	0	0	8,163	0	0	0
Total Liab	18,892,726	18,295,764	18,472,345	18,887,370	19,357,226	19,697,355	20,754,603	15,931,292	15,286,417	15,028,994	14,931,003	14,595,037	13,793,046	14,008,959	14,403,260	13,101,461	12,520,516	12,432,546	12,866,169	12,818,017	12,952,552	12,571,712	12,610,107	12,085,048	12,245,469	12,049,251	9,396,196	9,275,900	8,483,632	8,468,220	8,317,211	8,169,669	8,089,365	7,424,275	7,012,681	6,474,411	6,387,980	6,237,690	5,768,905	5,911,908	5,970,906	3,616,164	3,557,827	3,697,112	3,726,657	3,377,931	3,560,970	3,667,417	3,130,051	3,159,027	3,190,020	3,217,228	3,285,721	2,895,727	2,551,774	2,600,275	2,219,892	2,185,200	2,236,572	2,247,338	2,297,049	2,359,551	2,323,764	2,284,754	2,038,574	2,021,095	2,001,538	1,966,719	1,959,229	1,887,908	1,833,134	1,801,870	1,745,634	0	0	0	689,338	0	0	0
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	3,791,075	3,654,874	3,654,084	3,630,885	3,526,362	3,460,015	3,498,565	2,686,703	2,765,721	2,736,062	2,696,189	2,645,204	2,605,758	2,540,799	2,492,146	2,430,271	2,511,531	2,469,389	2,421,406	2,361,484	2,349,886	2,341,026	2,314,013	2,238,181	2,204,291	2,206,716	1,476,032	1,441,568	1,324,833	1,296,018	1,264,915	1,227,782	1,199,757	1,091,278	1,061,701	1,039,563	1,015,292	958,681	897,235	868,868	840,955	545,142	533,510	528,395	515,473	509,978	495,435	480,535	474,066	463,139	504,449	488,325	476,925	498,468	488,608	479,059	464,973	446,536	343,354	338,813	283,044	291,039	287,855	286,391	253,056	246,577	238,382	236,857	231,419	225,590	210,353	169,040	165,857	0	0	0	106,610	0	0	0
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-569	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31
Begin Period Cash Flow	724,790	3,650,315	1,263,788	490,601	657,939	635,933	216,649	255,823	112,528	165,534	231,855	184,304	287,532	173,490	54,168	55,021	59,700	44,679	19,813	17,989
Capital Expenditures	8,550	9,016	10,282	11,547	14,898	7,950	5,191	3,082	10,536	67	12,715	13,518	13,022	16,223	2,311	7,809	14,782	9,955	5,973	7,152
Cash And Cash Equivalents Changes	0	-2,925,525	2,386,527	773,187	-167,338	22,006	419,284	-39,174	143,295	-53,006	-66,321	47,551	-103,228	0	0	0	0	0	0	0
Cash Flows Other Operating	0	312,950	288,696	175,623	226,562	256,529	97,798	165,626	127,887	28,073	64,647	53,559	32,331	0	0	0	0	0	0	0
Change In Cash	275,423	-2,925,525	2,386,527	773,187	-167,338	22,006	419,284	-39,174	143,295	-53,006	-66,321	47,551	-103,228	114,042	119,322	-853	-4,679	15,021	24,866	1,824
Change In Working Capital	-18,145	7,471	6,169	-3,050	-33,017	19,246	-74,769	-2,241	10,724	50,884	32,358	58,010	32,956	12,815	-9,490	-6,520	-6,697	-6,008	-201	-15,147
Change Receivables	0	-24,473	13,792	-15,212	3,859	-2,413	-6,451	-1,706	-3,615	153	3,816	-754	625	0	0	0	0	0	0	0
Change To Account Receivables	-15,767	-24,473	13,792	-15,212	3,859	-2,413	-6,451	-1,706	-3,615	153	3,816	-754	625	2,617	0	2,371	0	0	0	222
Change To Inventory	0	0	3,805	-11,227	-24,335	-2,419	-35,296	-10,108	-9,113	29,283	65,483	69,168	3,692	0	1,604	1,264	0	613	0	42
Change To Liabilities	0	22,602	-9,379	25,589	-9,789	24,078	-31,033	10,985	24,651	22,658	-36,105	0	0	0	0	0	0	0	0	0
Change To Netincome	0	49,902	48,274	65,039	-8,587	-9,385	86,963	17,000	24,061	35,684	8,148	-10,834	-2,208	0	0	0	0	0	0	0
Change To Operating Activities	0	31,944	-7,623	12,162	-36,876	23,342	-69,441	-535	14,339	50,731	0	0	0	0	0	0	0	0	0	0
Depreciation	30,929	31,856	19,481	20,082	19,427	19,205	29,633	26,139	32,079	45,764	6,011	12,686	7,187	4,654	8,163	7,878	6,439	7,031	6,206	4,038
Dividends Paid	-145,904	128,424	92,142	87,677	85,627	79,867	60,373	48,096	37,580	23,170	16,971	16,315	8,894	8,670	7,518	4,417	2,500	1,705	1,410	869
End Period Cash Flow	1,000,213	724,790	3,650,315	1,263,788	490,601	657,939	635,933	216,649	255,823	112,528	165,534	231,855	184,304	287,532	173,490	54,168	55,021	59,700	44,679	19,813
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	414,719	404,156	379,098	280,181	232,517	294,269	171,719	214,962	194,527	245,328	100,322	104,161	79,654	40,168	32,642	26,206	3,469	7,877	14,445	-14,092
Investments	578,459	-1,541,035	608,488	-280,971	165,812	-422,770	-611,568	-623,276	-917,919	-306,372	86,783	19,927	2,403	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	-13,416	-28,045	-201,235	-845,906	169,095	202,162	-107,846	654,110	341,134	-13,670	-15,421	-12,140	0	0	0	0	0	0	0
Net Income	392,929	305,262	319,021	214,448	289,539	300,403	135,083	177,146	138,199	113,063	66,520	63,022	54,741	17,591	26,806	10,116	20,445	15,918	11,446	9,159
Other Cashflows From Financing Activities	173,406	-1,289,318	1,509,109	1,246,767	385,060	681,825	775,242	401,721	1,459,647	-27,698	259	1,377	562	-135,685	-12,044	53,927	78,482	258,218	118,007	30,092
Other Cashflows From Investing Activities	0	525,781	26,454	-359,423	70,742	-347,175	261,289	25,332	176,246	59,237	10,098	355,891	30,800	22,805	9,590	1,378	0	0	1,077	0
Other Non Cash Items	12,359	57,237	31,993	71,391	-68,227	-49,008	46,174	-2,333	12,968	14,913	-17,310	-16,522	-2,028	20,569	10,357	26,860	75	1,977	4,165	982
Sale Purchase Of Stock	-48,771	-167,355	-44,480	-25,690	-84,888	-104,276	-20,825	-9,817	-2,015	243	-210,569	-13,549	-58,068	0	0	0	0	0	0	0
Stock Based Compensation	9,274	9,133	8,848	8,608	10,719	9,084	6,705	6,628	3,925	2,073	1,298	917	382	376	-81	478	456	380	-1,070	-4,410
Total Cash From Financing Activities	-682,706	-2,314,427	1,372,487	1,133,400	-636,409	497,682	597,844	343,808	690,441	-51,199	-263,524	-432,428	-216,085	-262,120	69,164	45,190	75,982	256,513	89,264	29,223
Total Cash From Operating Activities	423,269	413,172	389,380	291,728	247,415	302,219	176,910	218,044	205,063	245,395	113,037	117,679	92,676	56,391	34,953	34,015	18,251	17,832	20,418	-6,940
Total Cashflows From Investing Activities	0	-1,024,270	624,660	-651,941	221,656	-777,895	-355,470	-601,026	-752,209	-247,202	84,166	362,300	20,181	319,771	15,205	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31
Begin Period Cash Flow	488,079	611,191	688,054	724,790	1,580,421	2,816,376	3,619,458	3,650,315	3,280,256	2,941,253	2,478,548	1,263,788	1,043,337	1,215,656	571,435	490,601	442,296	557,302	562,470	657,939	532,057	495,743	510,601	635,933	552,320	460,488	417,089	216,649	296,160	185,394	158,072	255,823	228,656	204,411	197,571	112,528	137,483	143,552	214,559	165,534	112,341	172,724	302,357	231,855	155,629	358,530	346,238	184,304	152,801	279,874	259,957	287,532	208,067	188,214	193,009	173,490	123,957	46,084	50,421	54,168	60,735	65,760	59,690	55,021	49,044	53,541	60,960	59,700	46,047	51,922	48,023	44,679	0	0	0	0	0	0	0	0
Capital Expenditures	1,771	5,349	974	2,404	4,858	2,438	4,529	2,067	2,217	1,813	3,099	3,153	1,265	4,003	1,734	4,545	5,839	3,772	2,432	2,855	2,880	1,648	519	3,941	808	1,958	3,211	5,636	273	2,921	942	1,376	3,978	1,117	2,634	5,041	3,613	176	3,504	13,624	2,765	1,293	3,411	5,246	5,242	5,946	1,164	1,166	203	10,777	1,263	779	8,501	876	6,621	225	971	371	470	499	4,330	1,095	955	1,429	1,859	3,267	5,165	4,491	4,055	2,852	1,344	1,704	5,973	0	0	0	7,846	0	0	0
Cash And Cash Equivalents Changes	0	0	-76,863	-36,736	-855,631	-1,235,955	-803,082	-30,857	370,059	339,003	462,705	1,214,760	220,451	-172,319	644,221	80,834	48,305	-115,006	-5,168	-95,469	125,882	36,314	-14,858	-125,332	83,613	91,832	43,399	200,440	-79,511	110,766	27,322	-97,751	27,167	24,245	6,840	85,043	-24,955	-6,069	-71,007	49,025	53,193	-60,383	-129,633	70,502	76,226	-202,901	12,292	161,934	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	94,901	111,099	77,500	150,822	26,468	58,160	558,464	-81,146	-282,900	94,278	63,637	66,857	45,008	121	56,975	60,299	39,255	70,033	76,662	53,201	61,821	64,845	8,666	-2,088	46,009	45,211	46,477	47,083	35,908	36,158	58,571	8,133	61,616	-433	1,114	1,637	5,156	20,166	4,839	5,480	30,120	24,208	-2,751	40,149	-3,973	20,134	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	512,134	-123,112	-76,863	-36,736	-855,631	-1,235,955	-803,082	-30,857	370,059	339,003	462,705	1,214,760	220,451	-172,319	644,221	80,834	48,305	-115,006	-5,168	-95,469	125,882	36,314	-14,858	-125,332	83,613	91,832	43,399	200,440	-79,511	110,766	27,322	-97,751	27,167	24,245	6,840	85,043	-24,955	-6,069	-71,007	49,025	53,193	-60,383	-129,633	70,502	76,226	-202,901	12,292	161,934	31,503	-127,073	19,917	-27,575	79,465	19,853	-4,795	19,519	49,533	77,873	-4,337	-3,747	-6,567	-5,025	6,070	4,669	5,977	-4,497	-7,419	1,260	13,653	-5,875	3,899	3,344	0	0	0	0	0	0	0	0
Change In Working Capital	16,905	-9,880	-46,397	16,370	-3,413	-13,967	8,681	16,170	-147	-5,771	-27,889	39,976	-7,565	-10,791	-17,227	32,533	-18,848	8,648	-39,487	16,670	10,561	16,246	-12,575	5,014	-14,877	-25,521	-35,494	1,123	13,189	-72	-28,996	13,638	13,500	-26,050	-3,348	26,622	4,470	1,830	8,492	36,092	-29,480	5,629	30,063	26,146	1,021	40,111	-2,962	19,840	15,890	313	10,264	6,489	-363	1,021	10,117	2,040	-10,758	-4,103	1,221	4,150	-727	-199	-5,465	-129	2,810	-214	-3,850	-5,443	1,768	-3,011	-5,772	1,007	0	0	0	0	0	0	0	0
Change Receivables	0	0	1,674	459	-14,528	-8,397	-1,765	217	1,841	148	6,770	5,033	12,071	7,675	-29,979	-4,979	2,471	1,435	1,296	-1,343	-36	-3,227	503	347	-4,637	-1,538	-32	-244	-1,440	-850	285	299	-713	-2,530	-905	533	-136	-1,808	1,018	1,079	1,786	149	-57	1,938	-1,433	-38	1,011	-294	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	-8,020	-9,880	1,674	459	-14,528	-8,397	-1,765	217	1,841	148	6,770	5,033	12,071	7,675	-29,979	-4,979	2,471	1,435	1,296	-1,343	-36	-3,227	503	347	-4,637	-1,538	-32	-244	-1,440	-850	285	299	-713	-2,530	-905	533	-136	-1,808	1,018	1,079	1,786	149	-57	1,938	-1,433	-38	1,011	-294	-513	-2,700	2,999	839	2,617	0	66	0	0	300	275	265	2,371	1,682	1,524	837	0	0	0	0	0	0	0	0	0	0	0	0	222	0	0	0
Change To Inventory	-18,145	0	0	0	0	0	0	0	-1,634	-716	-8,290	14,445	-7,616	3,692	-9,306	2,003	-6,592	-3,288	-22,929	8,474	15,803	5,673	-13,474	-7,565	-13,905	-16,431	-3,625	-1,335	-1,793	3,807	-7,248	-4,874	21,466	-27,340	-3,114	-125	1,433	1,959	5,437	20,454	10,455	8,465	25,547	21,016	0	0	0	1,298	3,692	3,323	9,998	9,824	0	0	0	0	1,604	89	0	0	1,264	0	0	0	0	0	0	0	613	612	0	1,269	0	0	0	0	42	0	0	0
Change To Liabilities	0	0	-39,461	16,010	-397	-4,467	9,995	17,471	147	-4,694	-25,832	21,000	-11,486	-21,610	22,616	36,069	-14,165	11,215	-17,114	10,275	-4,469	14,535	1,126	12,886	4,403	-7,074	-31,374	3,012	16,742	-2,685	-21,680	18,608	-6,925	4,088	966	26,522	3,492	2,001	2,318	14,847	-36,105	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	-2,214	-21,444	-21,177	70,109	16,078	-38,072	1,787	6,299	12,480	35,344	-10,573	16,175	5,625	-13,967	57,206	5,150	-13,888	7,664	-7,513	-33,630	2,078	5,610	16,557	58,472	20,914	-925	8,502	-14,400	16,982	101	14,317	15,628	-82	1,474	7,041	11,526	1,415	9,686	13,057	5,291	4,471	-7,963	6,349	-1,064	-6,410	-4,330	970	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	4,857	4,857	15,911	11,115	-5,570	10,446	15,953	-1,988	-5,919	-34,659	34,943	-19,636	-18,466	12,752	37,512	-21,319	7,213	-40,783	18,013	10,597	19,473	-13,078	4,667	-68,318	-23,983	-35,462	-1,645	-535	3,463	-7,601	-5,269	14,339	0	0	0	50,731	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	2,253	7,901	7,054	7,722	8,310	8,066	10,388	5,092	5,024	4,922	4,807	4,728	4,846	4,724	5,762	4,750	4,738	4,842	4,908	4,939	-5,984	8,545	8,200	8,444	8,912	7,387	6,936	6,398	6,596	6,211	6,656	6,676	7,260	7,661	7,781	9,377	12,625	11,981	20,969	189	1,835	674	1,527	1,975	3,855	3,307	2,899	2,625	1,755	2,173	1,869	1,390	657	227	1,652	2,118	1,995	2,094	2,115	1,959	1,912	1,899	2,012	2,055	1,719	1,760	1,590	1,370	1,754	1,714	1,808	1,755	0	0	0	0	0	0	0	0
Dividends Paid	-36,302	36,458	36,495	36,649	33,640	33,811	33,930	27,043	22,939	22,971	23,078	23,154	23,123	21,477	21,469	21,608	21,687	21,747	21,829	20,364	20,746	20,924	19,071	19,126	19,099	15,711	12,901	12,662	12,641	12,635	12,283	10,537	10,519	10,166	8,448	8,447	6,754	6,646	4,885	4,885	4,880	4,219	4,217	3,655	7,292	3,383	2,812	2,828	2,255	2,313	2,163	2,163	2,161	2,161	2,180	2,168	2,164	1,824	2,137	1,393	1,291	1,201	1,009	916	777	690	603	430	430	479	398	398	1,410	0	0	0	869	0	0	0
End Period Cash Flow	1,000,213	488,079	611,191	688,054	724,790	1,580,421	2,816,376	3,619,458	3,650,315	3,280,256	2,941,253	2,478,548	1,263,788	1,043,337	1,215,656	571,435	490,601	442,296	557,302	562,470	657,939	532,057	495,743	510,601	635,933	552,320	460,488	417,089	216,649	296,160	185,394	158,072	255,823	228,656	204,411	197,571	112,528	137,483	143,552	214,559	165,534	112,341	172,724	302,357	231,855	155,629	358,530	346,238	184,304	152,801	279,874	259,957	287,532	208,067	188,214	193,009	173,490	123,957	46,084	50,421	54,168	60,735	65,760	59,690	55,021	49,044	53,541	60,960	59,700	46,047	51,922	48,023	44,679	0	0	0	0	0	0	0
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	107,433	93,768	48,082	115,544	139,147	168,990	8,600	87,419	85,728	87,206	88,233	117,931	90,293	65,044	32,286	92,558	53,910	64,329	37,387	76,891	43,868	73,484	77,779	99,138	75,008	15,643	23,825	57,243	54,248	63,820	22,212	74,682	69,843	22,417	33,149	69,118	62,160	42,421	64,072	76,675	-12,169	27,844	37,875	46,772	10,304	47,157	9,933	36,767	33,763	-2,833	21,517	27,207	11,936	-1,514	17,165	12,581	2,300	14,667	8,360	7,315	10,106	7,401	3,414	5,285	5,857	2,974	-1,914	-3,448	4,135	2,106	-3,011	4,647	14,445	0	0	0	0	0	0	0
Investments	-100,349	92,350	299,124	375,811	-574,824	-265,477	-227,060	-473,674	51,795	180,930	-513,607	336,764	354,963	144,514	-649,121	-131,327	-101,163	263,570	-78,910	82,315	-224,675	50,793	-217,018	-31,870	-169,994	-149,094	-119,286	-173,194	-135,487	-109,091	-157,241	-221,457	-232,835	-403,768	-274,221	-7,095	-86,482	-260,629	1,896	38,843	222,528	-159,709	-25,278	49,242	20,894	-65,012	83,129	-19,084	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	299,771	73,157	7,596	87,921	2,862	-410,908	306,709	-116	-9,538	-12,389	-6,002	7,056	-132,415	-384,030	308,154	-128,315	-143,507	-215,426	-358,658	110,075	56,297	184,324	-181,601	253,113	-98,369	-48,413	95,831	-88,807	-1,722	-10,834	-6,483	696,433	-185,554	561,561	-418,330	-19,026	378,093	5,527	-23,460	6,301	-2,154	-3,733	-14,084	1,132	-20,854	-5,911	10,212	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	86,243	98,453	105,271	102,962	115,687	108,705	15,978	64,892	73,357	74,992	79,070	91,602	81,794	69,320	62,827	507	73,262	72,763	72,164	71,350	71,030	80,284	76,025	73,064	23,309	14,821	50,097	46,856	48,590	43,620	43,509	41,427	37,433	35,741	33,906	31,119	29,926	27,371	28,429	27,337	12,950	18,363	17,659	17,548	16,939	16,095	15,490	14,498	14,167	14,312	13,546	12,716	-13,807	9,560	7,464	14,374	7,881	7,239	5,441	6,245	-9,380	6,564	5,654	7,278	5,395	5,228	5,061	4,761	4,478	4,288	3,636	3,516	3,555	3,330	2,372	2,189	807	4,965	1,784	1,603
Other Cashflows From Financing Activities	832,396	-178,305	-375,143	-485,721	7,050	-1,034,947	-1,266,954	627,203	257,135	102,492	366,358	783,124	-204,447	-372,885	1,278,992	545,107	173,878	-235,218	270,166	176,234	385,312	-54,679	523,780	-172,588	-61,777	144,885	152,312	276,763	1,935	165,408	124,645	134,789	192,286	407,828	537,550	12,852	-5,494	194,566	-143,551	-73,550	-121,741	61,761	-143,957	-6,950	-112,090	-165,939	-94,690	8,569	-26,182	-81,846	-21,994	-75,821	-54,906	-38,527	-26,248	-16,004	54,041	-2,623	-13,154	-50,308	-59,502	31,595	20,788	61,046	16,749	18,490	36,187	30,982	72,132	59,984	72,947	53,155	15,332	0	0	0	0	0	0	0
Other Cashflows From Investing Activities	0	-1,102	-622	7,733	-22,377	-28,792	817,623	-240,673	5,818	2,625	1,819	8,865	4,598	12,485	3,533	-380,039	22,863	33,088	6,433	8,358	3,229	15,815	-372,447	6,228	5,907	193,363	9,729	52,290	13,409	3,264	5,333	3,326	8,392	7,934	-281,190	441,110	11,615	22,668	13,012	11,942	-19,879	13,803	6,062	10,112	184,063	10,475	17,637	143,716	26,276	27,438	15,907	700	22,805	177,276	86,531	73,237	9,590	4,689	1,406	0	1,378	826	697	62	0	0	0	110	0	1,626	0	801	1,077	0	0	0	0	0	0	0
Other Non Cash Items	6,543	-7,237	-19,723	-11,789	9,247	52,380	-3,231	-1,159	10,571	9,004	16,679	-4,261	-805	5,156	-22,600	89,640	-11,081	-25,878	-5,997	-25,271	-20,134	-33,957	-5,439	10,522	6,792	32,552	2,313	4,517	-16,009	7,657	-6,347	12,366	8,755	4,811	-3,468	2,870	8,126	-4,253	2,145	8,895	-9,646	1,356	-8,164	-856	-6,564	-4,982	-4,446	854	2,493	-8,898	-2,975	7,352	33,898	-11,498	5,733	-10,130	4,704	10,669	-1,707	-3,309	25,612	931	1,810	-1,015	-1,529	145	963	952	535	2,236	-907	493	0	0	0	0	0	0	0	0
Sale Purchase Of Stock	-17,764	-5,658	-11,809	-13,540	-19,987	-41,918	-101,361	-4,089	-7,478	-11,279	-16,953	-8,770	-1,833	-23,857	0	-23,857	-9,492	-11,024	-12,687	-51,685	-61,106	-28,175	-7,881	-7,114	-1,287	-9,258	-10,280	-93	-975	189	21	-8,842	612,028	96	110	-2,015	250	-104	48	49	-122,092	197	-47	-6,989	-6,989	-449	-905	-5,206	-1,224	0	0	0	-1,555	0	0	0	0	9,820	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	2,198	2,235	2,334	2,507	2,290	2,394	2,338	2,111	2,208	2,247	2,276	2,117	2,173	1,472	2,481	2,482	2,544	2,646	2,685	2,844	2,579	2,621	1,847	2,037	1,729	1,549	1,572	1,855	1,370	2,446	1,385	1,427	1,143	1,563	698	521	454	479	502	638	358	345	358	237	420	265	116	116	97	104	107	74	52	52	52	220	-86	21	34	-50	6,177	-6,100	8,219	-5,821	-329	-458	214	12	-173	-161	-193	-89	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	496,986	-220,421	-423,447	-535,824	-397,577	-1,110,676	-1,402,245	596,071	226,718	68,242	326,327	751,200	-229,403	-394,362	1,257,523	499,642	72,695	-475,993	29,922	-263,033	303,460	-103,778	496,828	-198,828	172,692	31,920	129,131	264,101	-11,681	152,773	157,018	45,698	181,767	397,662	529,102	-418,090	-12,248	189,471	-149,987	-78,435	-137,287	57,679	-148,292	-35,624	-139,035	-195,521	-98,407	535	-29,785	-84,159	-24,157	-77,984	-67,190	-96,376	-50,560	-47,994	47,704	43,787	-15,478	-6,849	-56,000	32,910	45,597	22,683	15,972	17,800	35,584	6,626	71,702	59,505	72,549	52,757	89,264	0	0	0	29,223	0	0	0
Total Cash From Operating Activities	109,204	99,117	47,108	117,948	144,005	166,552	13,129	89,486	87,945	89,019	91,332	121,084	91,558	69,047	34,020	97,103	59,749	68,101	39,819	79,746	46,748	75,132	77,260	103,079	75,816	17,601	20,614	62,879	53,975	66,741	21,270	76,058	73,821	21,300	35,783	74,159	58,547	42,597	67,576	76,675	-9,404	29,137	41,286	52,018	15,546	53,103	11,097	37,933	33,966	7,944	22,780	27,986	20,437	-638	23,786	12,806	3,271	15,038	8,830	7,814	14,436	8,496	4,369	6,714	7,716	6,241	3,251	1,043	8,190	4,958	-1,667	6,351	20,418	0	0	0	0	0	0	0
Total Cashflows From Investing Activities	0	-1,808	299,476	381,140	-602,059	-291,831	586,034	-716,414	55,396	181,742	45,046	342,476	358,296	152,996	-647,322	-515,911	-84,139	292,886	-74,909	87,818	-224,326	64,960	-588,946	-29,583	-164,895	42,311	-106,346	-126,540	-121,805	-108,748	-150,966	-219,507	-228,421	-394,717	-558,045	428,974	-71,254	-238,137	11,404	50,785	199,884	-147,199	-22,627	54,108	199,715	-60,483	99,602	123,466	20,181	0	43,717	22,423	319,771	193,553	76,686	54,707	15,205	16,647	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31
Cost Of Revenue	119,265	0	64,965	82,980	69,997	72,070	78,230	53,165	53,302	52,658	52,352	35,649	33,099	29,443	26,035	25,722	18,932	15,947	39,829	13,870	-	-	-
Depreciation And Amortization	30,929	8,853	5,683	5,844	19,427	6,454	4,207	3,132	4,079	4,630	3,624	2,761	7,187	4,654	8,163	7,878	6,439	7,031	6,206	4,038	-	-	-
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Ebit	-21,244	536,668	416,775	277,703	385,621	532,626	360,855	336,232	268,215	237,177	121,391	129,911	114,893	58,320	78,879	71,702	102,742	84,105	52,383	25,769	3,769	13,443	11,039
Ebitda	9,685	545,521	422,458	283,547	405,048	539,080	365,062	339,364	272,294	241,807	125,015	132,672	122,080	62,974	87,042	79,580	109,181	91,136	58,589	29,807	3,769	13,443	11,039
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Extraordinary Items	0	0	0	0	0	0	-36,900	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Gross Profit	1,225,309	918,885	634,819	601,583	592,739	583,270	466,200	432,820	369,616	328,441	195,789	156,959	149,465	152,020	96,934	89,047	74,809	66,003	65,143	43,192	-	7,574	9,344
Income Before Tax	511,883	394,575	416,775	277,703	385,621	395,520	271,083	282,646	218,491	177,173	104,473	98,451	84,342	23,612	38,936	12,036	28,964	23,165	16,381	14,189	-	5,953	2,167
Income Tax Expense	118,954	89,313	97,754	63,255	96,082	95,117	136,000	105,500	80,292	64,110	37,953	35,429	29,601	6,021	12,130	1,920	8,519	7,247	4,935	5,030	-3,769	2,076	811
Interest Expense	47,314	119,090	52,200	93,407	154,771	124,355	64,346	30,579	21,724	18,870	14,531	21,535	30,551	34,708	39,943	59,666	73,778	60,940	36,002	11,580	0	7,490	8,872
Interest Income	1,175,053	877,766	625,171	675,962	717,988	685,368	520,251	436,537	377,436	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	582	-	-	-
Net Income	392,929	305,262	319,021	214,448	289,539	300,403	135,083	177,146	138,199	113,063	66,520	63,022	54,741	17,591	26,806	10,116	20,445	15,918	11,446	9,159	3,769	3,877	1,356
Net Income Applicable To Common Shares	0	305,262	319,021	214,448	289,539	300,403	135,083	177,146	138,199	113,063	66,520	63,022	52,913	14,911	24,230	10,116	20,445	15,559	10,872	8,630	-	-	-
Net Income From Continuing Ops	392,929	305,262	319,021	214,448	289,539	300,403	135,083	177,146	138,199	113,063	66,520	63,022	54,741	0	0	0	0	0	0	0	-	-	-
Net Interest Income	826,945	758,676	572,971	582,555	563,217	561,013	455,905	405,958	355,712	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Operating Income	-21,244	536,668	416,775	277,703	385,621	519,875	360,855	336,232	268,215	237,177	121,391	129,911	114,893	58,320	78,879	71,702	102,742	84,105	52,383	25,769	3,769	13,443	11,039
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Other Operating Expenses	834,198	-382,217	-283,009	-406,860	277,115	135,465	78,230	53,165	53,302	52,658	52,352	35,649	33,099	29,443	26,035	25,722	18,932	15,947	12,760	17,423	3,769	5,869	1,695
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	1,828	0	0	0	0	0	0	0	-	-	-
Reconciled Depreciation	30,929	8,853	5,683	20,082	19,427	19,205	29,633	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Selling And Marketing Expenses	8,850	7,974	4,855	3,999	4,687	4,472	3,203	3,332	2,986	2,568	1,829	2,447	0	0	0	0	0	2,383	0	0	-	-	-
Selling General Administrative	287,877	294,539	209,862	198,691	170,338	175,842	144,913	129,737	112,179	97,219	73,496	60,217	47,426	42,394	36,249	35,566	30,496	29,313	23,901	14,123	-	-	-
Tax Provision	118,954	89,313	97,754	63,255	96,082	95,117	136,000	105,500	80,292	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Total Operating Expenses	155,594	-382,217	-283,009	-406,860	-277,115	-135,465	-105,345	-96,588	-101,401	-91,264	-74,398	-27,048	-34,572	-93,700	-18,055	-17,345	27,933	18,102	-12,760	-17,423	3,769	5,869	1,695
Total Other Income Expense Net	511,883	-142,093	416,775	277,703	385,621	-124,355	-89,772	-53,586	-49,724	-60,004	-16,918	-31,460	-30,551	-34,708	-39,943	-59,666	-73,778	-60,940	-36,002	-11,580	-	-7,490	-8,872
Total Revenue	1,344,574	918,885	699,784	684,563	662,736	655,340	544,430	485,985	422,918	381,099	248,141	192,608	182,564	181,463	122,969	114,769	93,741	81,950	65,143	43,192	-	7,574	9,344

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31
Cost Of Revenue	39,673	25,684	27,674	26,234	0	25,176	26,606	16,299	0	16,815	15,585	15,700	0	15,714	25,298	25,721	0	14,739	16,957	18,428	37,498	16,689	16,894	15,397	26,938	31,596	13,072	18,316	9,884	15,944	12,875	12,355	15,380	13,209	11,453	12,855	10,061	15,414	11,763	12,405	8,992	8,610	7,773	7,807	5,484	7,387	7,598	8,478	9,145	8,298	8,391	7,785	71,964	7,545	5,983	6,360	12,602	5,556	8,355	6,864	33,133	6,099	6,007	5,917	19,391	4,770	4,748	4,447	18,051	3,987	3,951	13,412	12,859	11,073	8,491	7,406	3,944	3,506	3,163	3,257
Depreciation And Amortization	2,253	2,477	2,478	2,477	2,478	2,477	2,477	1,421	1,420	1,421	1,421	1,421	1,421	1,420	1,486	1,517	4,738	1,587	1,587	1,587	1,587	1,617	1,624	1,626	1,631	906	866	804	762	762	763	845	862	988	1,100	1,129	1,163	1,153	1,147	1,167	1,218	802	802	802	743	694	2,899	2,625	1,755	2,173	1,869	1,390	657	227	1,652	2,118	1,995	2,094	2,115	1,959	1,912	1,899	2,012	2,055	1,719	1,760	1,590	1,370	1,754	1,714	1,808	1,755	0	0	0	0	0	0	0	0
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	0	129,288	218,876	203,259	211,484	171,810	37,527	102,347	109,497	114,151	120,757	138,368	128,625	114,176	109,284	33,263	131,819	142,322	138,725	137,454	122,444	146,703	134,860	128,619	125,410	45,982	101,960	87,503	91,853	82,276	82,876	79,227	72,356	68,172	65,388	62,299	63,215	58,002	69,212	46,748	25,347	31,651	31,910	32,483	33,988	32,633	30,385	28,705	28,875	29,483	28,851	27,684	-14,944	23,075	22,137	30,508	20,240	20,270	17,938	20,431	-3,697	23,955	23,006	28,438	25,837	26,547	25,530	24,828	24,051	22,270	19,752	18,032	0	0	0	0	0	0	0	0
Ebitda	2,253	131,765	221,354	205,736	213,962	174,287	40,004	103,768	110,917	115,572	122,178	139,789	130,046	115,596	110,770	34,780	136,557	143,909	140,312	139,041	124,031	148,320	136,484	130,245	127,041	46,888	102,826	88,307	92,615	83,038	83,639	80,072	73,218	69,160	66,488	63,428	64,378	59,155	70,359	47,915	26,565	32,453	32,712	33,285	34,731	33,327	33,284	31,330	30,630	31,656	30,720	29,074	-14,287	23,302	23,789	32,626	22,235	22,364	20,053	22,390	-1,785	25,854	25,018	30,493	27,556	28,307	27,120	26,198	25,805	23,984	21,560	19,787	2,862	2,861	2,862	2,861	2,290	2,290	2,289	2,290
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	303,788	215,675	224,600	218,915	268,129	226,998	212,983	142,694	168,304	154,253	153,921	175,206	179,157	157,717	146,045	134,911	167,777	150,802	145,092	142,494	161,556	152,970	147,321	144,513	162,228	95,783	116,156	107,279	125,022	108,062	107,934	103,793	116,986	95,044	91,619	81,752	99,567	79,497	82,479	79,974	80,899	48,870	47,634	46,548	51,096	41,864	42,614	38,159	47,499	37,374	36,435	36,782	65,254	30,915	30,222	38,826	31,555	25,721	22,356	22,562	23,357	23,540	21,401	28,448	24,391	18,862	18,580	17,820	21,647	17,147	16,011	19,207	60,851	0	0	0	36,492	0	0	0
Income Before Tax	112,793	129,288	136,887	132,915	148,423	141,959	19,272	84,921	93,934	98,201	104,142	120,498	107,669	90,377	82,077	-2,420	96,470	99,962	95,104	94,085	92,517	105,634	100,335	97,034	96,117	22,357	80,379	72,230	77,838	69,105	69,534	66,169	59,468	55,937	53,845	49,241	47,062	42,378	44,847	42,886	20,068	28,953	27,941	27,511	26,642	25,103	24,455	22,251	21,980	21,936	20,970	19,456	-23,908	14,166	13,465	23,531	11,488	10,651	7,663	9,134	-16,766	9,722	8,207	10,873	7,641	7,486	7,131	6,706	6,584	6,248	5,229	5,104	5,106	4,842	3,301	3,132	14,771	0	0	0
Income Tax Expense	26,550	30,835	31,616	29,953	32,736	33,254	3,294	20,029	20,577	23,209	25,072	28,896	25,875	21,057	19,250	-2,927	23,208	27,199	22,940	22,735	21,487	25,350	24,310	23,970	72,808	7,536	30,282	25,374	29,248	25,485	26,025	24,742	22,035	20,196	19,939	18,122	17,136	15,007	16,418	15,549	7,118	10,590	10,282	9,963	9,703	9,008	8,965	7,753	7,813	7,624	7,424	6,740	-10,101	4,606	4,508	8,436	3,607	3,412	2,222	2,889	-7,386	3,158	2,553	3,595	2,246	2,258	2,070	1,945	2,106	1,960	1,593	1,588	-2,862	-2,861	-2,862	-2,861	-2,290	-2,290	-2,289	-2,290
Interest Expense	13,999	92,325	81,989	70,344	57,229	29,851	18,255	13,755	11,959	12,449	13,229	14,563	17,531	20,495	22,931	32,450	35,349	39,105	40,300	40,017	37,498	34,141	27,949	24,767	22,012	17,144	15,511	9,679	8,181	7,722	7,449	7,227	6,490	5,562	4,862	4,810	4,691	4,796	4,543	4,840	4,662	2,826	3,244	3,799	4,234	4,917	5,930	6,454	6,895	7,547	7,881	8,228	8,964	8,909	8,672	8,163	8,752	9,619	10,275	11,297	13,069	14,233	14,799	17,565	18,196	19,061	18,399	18,122	17,467	16,022	14,523	12,928	36,002	0	0	0	11,580	0	0	0
Interest Income	306,220	294,262	289,632	284,939	272,895	242,955	217,013	144,903	150,979	157,060	154,481	162,651	165,556	166,633	171,598	172,175	175,132	182,082	181,287	179,487	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	127	172	48	235
Net Income	86,243	98,453	105,271	102,962	115,687	108,705	15,978	64,892	73,357	74,992	79,070	91,602	81,794	69,320	62,827	507	73,262	72,763	72,164	71,350	71,030	80,284	76,025	73,064	23,309	14,821	50,097	46,856	48,590	43,620	43,509	41,427	37,433	35,741	33,906	31,119	29,926	27,371	28,429	27,337	12,950	18,363	17,659	17,548	16,939	16,095	15,490	14,498	14,167	14,312	13,546	12,716	-13,807	9,560	8,957	15,095	7,881	7,239	5,441	6,245	-9,380	6,564	5,654	7,278	5,395	5,228	5,061	4,761	4,478	4,288	3,636	3,516	2,862	2,861	2,862	2,861	2,290	2,290	2,289	2,290
Net Income Applicable To Common Shares	0	98,453	105,271	102,962	115,687	108,705	15,978	64,892	73,357	74,992	79,070	91,602	81,794	69,320	62,827	507	73,262	72,763	72,164	71,350	71,030	80,284	76,025	73,064	23,309	14,821	50,097	46,856	48,590	43,620	43,509	41,427	37,433	35,741	33,906	31,119	29,926	27,371	28,429	27,337	12,950	18,363	17,659	17,548	16,939	16,095	15,490	14,498	14,167	13,824	12,876	12,046	6,021	8,890	8,287	12,211	7,211	6,569	4,771	5,679	3,552	6,564	5,654	7,278	5,395	5,228	5,061	4,761	4,478	4,239	3,481	3,361	3,413	3,169	2,242	2,059	674	4,833	1,652	1,471
Net Income From Continuing Ops	86,243	98,453	105,271	102,962	115,687	108,705	15,978	64,892	73,357	74,992	79,070	91,602	81,794	69,320	62,827	507	73,262	72,763	72,164	71,350	71,030	80,284	76,025	73,064	23,309	14,821	50,097	46,856	48,590	43,620	43,509	41,427	37,433	35,741	33,906	31,119	29,926	27,371	28,429	27,337	12,950	18,363	17,659	17,548	16,939	16,095	15,490	14,498	0	14,312	13,546	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	202,770	201,937	207,643	214,595	215,666	213,104	198,758	131,148	139,020	144,611	141,252	148,088	148,025	146,138	148,667	139,725	139,783	142,977	140,987	139,470	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	-551,423	129,288	218,876	203,259	211,484	171,810	37,527	102,347	105,893	114,151	120,757	138,368	128,625	114,176	109,284	33,263	131,819	142,322	138,725	137,454	122,444	146,703	134,860	128,619	125,410	45,982	101,960	87,503	91,853	82,276	82,876	79,227	72,356	68,172	65,388	62,299	63,215	58,002	69,212	46,748	25,347	31,651	31,910	32,483	33,988	32,633	30,385	28,705	28,875	29,483	28,851	27,684	-14,944	23,075	22,137	30,508	20,240	20,270	17,938	20,431	-3,697	23,955	23,006	28,438	25,837	26,547	25,530	24,828	24,051	22,270	19,752	18,032	2,862	2,861	2,862	2,861	2,290	2,290	2,289	2,290
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	231,251	-112,071	-33,398	26,234	56,645	25,176	26,606	24,048	159,288	16,815	15,585	15,700	149,672	15,714	25,298	25,721	140,429	14,739	16,957	18,428	135,144	16,689	16,894	15,397	104,380	31,596	13,072	18,316	99,888	15,944	12,875	12,355	84,389	13,209	11,453	12,855	73,865	15,414	11,763	12,405	50,712	8,610	7,773	7,807	42,216	7,387	7,598	8,478	36,056	8,298	8,391	7,785	29,915	7,545	5,983	6,360	27,841	5,556	8,355	6,864	28,395	6,099	6,007	5,917	24,791	4,770	4,748	4,447	22,123	3,987	3,951	1,175	2,862	2,861	2,862	2,861	2,290	2,290	2,289	2,290
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	488	670	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	8,252	2,477	2,478	2,477	2,478	2,477	2,477	1,421	1,420	1,421	1,421	1,421	4,846	4,724	5,762	4,750	4,738	4,842	4,908	4,939	-5,984	8,545	8,200	8,444	8,912	7,387	6,936	6,398	6,596	6,211	6,656	6,676	7,260	7,661	7,781	9,377	12,625	11,981	20,969	189	1,835	674	1,527	1,975	3,855	3,307	2,899	2,625	1,755	2,173	1,869	1,390	657	227	1,652	2,118	1,995	2,094	2,115	1,959	1,912	1,899	2,012	2,055	1,719	1,760	1,590	1,370	1,754	1,714	1,808	1,755	0	0	0	0	0	0	0	0
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	-6,624	2,295	2,098	2,231	2,567	2,024	2,117	1,266	1,411	1,204	1,194	1,045	1,076	902	795	1,226	1,340	1,201	1,095	1,051	1,214	1,154	1,142	962	898	795	812	698	910	866	733	823	644	906	657	779	792	673	581	522	653	363	120	693	549	1,343	0	1,253	0	0	0	0	0	0	0	0	0	0	0	0	1,447	0	833	614	1,855	646	580	629	2,383	0	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	208,926	68,601	69,219	71,106	78,764	79,384	81,562	54,829	54,018	52,431	51,786	51,627	51,942	50,343	48,847	47,559	42,740	45,644	45,626	45,812	43,956	45,813	42,931	43,142	42,838	34,559	34,116	33,400	32,271	35,765	31,616	30,085	30,132	28,171	28,463	25,413	25,130	24,373	23,757	23,959	23,960	16,351	16,484	16,701	15,744	14,937	13,274	12,477	11,370	11,876	11,817	12,363	12,479	10,485	10,034	9,396	8,408	8,814	9,276	9,751	8,618	8,739	8,931	9,278	7,560	7,739	7,757	7,440	7,190	7,376	7,399	7,348	8,423	8,364	7,231	6,752	17,873	0	0	0
Tax Provision	26,550	30,835	31,616	29,953	32,736	33,254	3,294	20,029	20,577	23,209	25,072	28,896	25,875	21,057	19,250	-2,927	23,208	27,199	22,940	22,735	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	48,780	-112,071	-33,398	-15,656	-56,645	25,176	-175,456	-40,347	-159,288	-40,102	-33,164	-36,838	-149,672	-43,541	-36,761	-101,648	-140,429	-8,480	-6,367	-5,040	-135,144	-6,267	-12,461	-15,894	-104,380	-49,801	-14,196	-19,776	-99,888	-25,786	-25,058	-24,566	-84,389	-26,872	-26,231	-19,453	-73,865	-21,495	-13,267	-33,226	-50,712	-17,219	-15,724	-14,065	-42,216	-9,231	-12,229	-9,454	-36,056	-7,891	-7,584	-9,098	-29,915	-7,840	-8,085	-8,318	-27,841	-5,451	-4,418	-2,131	-28,395	415	1,605	-10	-24,791	7,685	6,950	7,008	-22,123	5,123	3,741	-1,175	2,862	2,861	2,862	2,861	2,290	2,290	2,289	2,290
Total Other Income Expense Net	112,793	129,288	-81,989	-70,344	-63,061	-29,851	-18,255	-17,426	-11,959	-15,950	-16,615	-17,870	-20,956	-23,799	-27,207	-35,683	-35,349	-42,360	-43,621	-43,369	-29,927	-41,069	-34,525	-31,585	-29,293	-23,625	-21,581	-15,273	-14,015	-13,171	-13,342	-13,058	-12,888	-12,235	-11,543	-13,058	-16,153	-15,624	-24,365	-3,862	-5,279	-2,698	-3,969	-4,972	-7,346	-7,530	-5,930	-6,454	-6,895	-7,547	-7,881	-8,228	-8,964	-8,909	-8,672	-6,977	-8,752	-9,619	-10,275	-11,297	-13,069	-14,233	-14,799	-17,565	-18,196	-19,061	-18,399	-18,122	-17,467	-16,022	-14,523	-12,928	0	0	0	0	0	0	0	0
Total Revenue	343,461	241,359	252,274	245,149	268,129	252,174	239,589	158,993	168,304	171,068	169,506	190,906	179,157	173,431	171,343	160,632	167,777	165,541	162,049	160,922	161,556	169,659	164,215	159,910	162,228	127,379	129,228	125,595	125,022	124,006	120,809	116,148	116,986	108,253	103,072	94,607	99,567	94,911	94,242	92,379	80,899	57,480	55,407	54,355	51,096	49,251	50,212	46,637	47,499	45,672	44,826	44,567	65,254	38,460	36,205	45,186	31,555	31,277	30,711	29,426	23,357	29,639	27,408	34,365	24,391	23,632	23,328	22,267	21,647	21,134	19,962	19,207	100,680	0	0	0	50,362	0	0	0

Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue	1,344,574
Cost of Revenue	-119,265
Gross Profit	1,225,309	1,225,309

Operating Income (+$)
Gross Profit	1,225,309
Operating Expense	-155,594
Operating Income	-21,244	1,069,715

Operating Expense (+$)
Research Development	0
Selling General Administrative	287,877
Selling And Marketing Expenses	8,850
Operating Expense	155,594	296,727

Net Interest Income (+$)
Interest Income	1,175,053
Interest Expense	-47,314
Other Finance Cost	-300,794
Net Interest Income	826,945

Pretax Income (+$)
Operating Income	-21,244
Net Interest Income	826,945
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	511,883	-533,127 EBIT - interestExpense = -68,558 511,883 440,243
Interest Expense	47,314
Earnings Before Interest and Taxes (EBIT)	-21,244	559,197
Earnings Before Interest and Taxes (EBITDA)	9,685

After tax Income (+$)
Income Before Tax	511,883
Tax Provision	-118,954
Net Income From Continuing Ops	392,929	392,929
Net Income	392,929
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	834,198
Total Other Income/Expenses Net	511,883	-826,945

Technical Analysis of Home BancShares Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Home BancShares Inc. The general trend of Home BancShares Inc is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Home BancShares Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (71.4%)		Bearish trend (-71.4%)
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of Home BancShares Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 24.24 < 24.58 < 24.67.

The bearish price targets are: 22.48 > 22.15 > 21.79.

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Home BancShares Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Home BancShares Inc. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

MA 20 trending up: The MA 20 is trending up. +1
Close > MA 20: The price is above the MA 20. +1
MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
MA 50 trending up: The MA 50 is trending up. +1
Close > MA 50: The price is above the MA 50. +1
MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
MA 100 trending up: The MA 100 is trending up. +1
Close > MA 100: The price is above the MA 100. +1
MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
MA 200 trending up: The MA 200 is trending up. +1
Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

Home BancShares Inc Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Home BancShares Inc. The current macd is -0.14861565.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Home BancShares Inc price going down in the near term. -2
MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Home BancShares Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Home BancShares Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1

Home BancShares Inc Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of Home BancShares Inc. The current adx is 13.68.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Home BancShares Inc shares, leading to potential upward momentum in its price. +1
PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.

Home BancShares Inc Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Home BancShares Inc. The current sar is 24.13.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1

Home BancShares Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Home BancShares Inc. The current rsi is 56.08. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Trending up: The RSI is trending up. +1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Home BancShares Inc Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Home BancShares Inc. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
STOCH > 80: The STOCH %K is above 80 and overbought. +2
STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Home BancShares Inc price going up in the near term. +2
Trending up: The STOCH %K is trending up. +1

Home BancShares Inc Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Home BancShares Inc. The current cci is 26.97.

Home BancShares Inc Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Home BancShares Inc. The current cmo is 20.63.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1

Home BancShares Inc Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Home BancShares Inc. The current willr is -12.3655914.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1

Home BancShares Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Home BancShares Inc.

Home BancShares Inc Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Home BancShares Inc. The current atr is 0.58132784.

Home BancShares Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Home BancShares Inc. The current obv is 10,813,695.

Home BancShares Inc Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Home BancShares Inc. The current mfi is 47.29.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

MFI < 50: -1

Home BancShares Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Home BancShares Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-11-29	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-01	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-04	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-05	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-13	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-14	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-20	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-29	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2024-01-03	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-04	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-09	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-10	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-01-11	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-01-16	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-17	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2024-01-18	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-19	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2024-01-22	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-24	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-29	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-30	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-31	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-01	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-02-05	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-12	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-16	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-21	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-23	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-27	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-29	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-01	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-04	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-03-05	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-06	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-07	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-14	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-15	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-03-18	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-20	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-21	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-03-22	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-25	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-26	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-27	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-02	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-10	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-12	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-16	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-04-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-19	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).

6.3. Candlestick Patterns

Home BancShares Inc Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Home BancShares Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	56.082
Ma 20	Greater than	Ma 50	23.550
Ma 50	Greater than	Ma 100	23.541
Ma 100	Greater than	Ma 200	23.831
Open	Greater than	Close	23.160
Total			3/5 (60.0%)

Create your own Symbol Scanner

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Home BancShares Inc Buy, Hold or Sell?

Let's analyse Home BancShares Inc together

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Quick analysis of Home BancShares Inc (30 sec.)

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

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Home BancShares Inc (5 min.)

$24.01

$18.78

$14.25 - $26.27

$33.03 - $45.04

2. Growth of Home BancShares Inc (5 min.)

Is Home BancShares Inc growing?

How much money is Home BancShares Inc making?

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

3. Financial Health of Home BancShares Inc (5 min.)

4. Comparing to competitors in the Banks - Regional industry (5 min.)

Industry Rankings (Banks - Regional)

What can you expect buying and holding a share of Home BancShares Inc? (5 min.)

What can you expect buying and holding a share of Home BancShares Inc?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Home BancShares Inc

About Home BancShares Inc

Financial Health

Valuation

1.1. Profitability of Home BancShares Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Banks - Regional)

1.1.2. Return on Assets

Trends

Compared to industry (Banks - Regional)

1.1.3. Return on Equity

Trends

Compared to industry (Banks - Regional)

1.2. Operating Efficiency of Home BancShares Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of Home BancShares Inc.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Banks - Regional)

1.3.2. Quick Ratio

Trends

1.4. Solvency of Home BancShares Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Banks - Regional)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Banks - Regional)

2. Market Valuation of Home BancShares Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Banks - Regional)

Home BancShares Inc
Buy, Hold or Sell?