25 XP   0   0   10

International Business Machines
Buy, Hold or Sell?

Let's analyse International Business Machines together

PenkeI guess you are interested in International Business Machines. 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 International Business Machines. 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.

Get notifications about International Business Machines

I send you an email if I find something interesting about International Business Machines.

Quick analysis of International Business Machines (30 sec.)










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

How much money do you get?

How much money do you get?
€7.09
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€24.39
Expected worth in 1 year
€24.75
How sure are you?
85.0%

+ What do you gain per year?

Total Gains per Share
€6.92
Return On Investment
3.9%

For what price can you sell your share?

Current Price per Share
€176.50
Expected price per share
€146.26 - €182.70
How sure are you?
50%

1. Valuation of International Business Machines (5 min.)




Live pricePrice per Share (EOD)

€176.50

Intrinsic Value Per Share

€30.33 - €100.02

Total Value Per Share

€54.72 - €124.40

2. Growth of International Business Machines (5 min.)




Is International Business Machines growing?

Current yearPrevious yearGrowGrow %
How rich?$24.4b$21.8b$2.4b10.1%

How much money is International Business Machines making?

Current yearPrevious yearGrowGrow %
Making money$1.8b$405.2m$1.4b78.4%
Net Profit Margin11.8%1.9%--

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

3. Financial Health of International Business Machines (5 min.)




4. Comparing to competitors in the Information Technology Services industry (5 min.)




  Industry Rankings (Information Technology Services)  


Richest
#4 / 401

Most Revenue
#4 / 401

Most Profit
#1 / 401

What can you expect buying and holding a share of International Business Machines? (5 min.)

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

What can you expect buying and holding a share of International Business Machines?

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

Speculation

The Price per Share of International Business Machines is €176.50. 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 International Business Machines.
  • 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 International Business Machines, 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 €24.39. Based on the TTM, the Book Value Change Per Share is €0.09 per quarter. Based on the YOY, the Book Value Change Per Share is €0.82 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 €1.64 per quarter.
Based on historical numbers we can estimate the returns while holding a share of International Business Machines.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps3.552.0%2.031.2%0.450.3%1.630.9%2.151.2%
Usd Book Value Change Per Share-0.74-0.4%0.100.1%0.890.5%0.320.2%0.090.0%
Usd Dividend Per Share1.771.0%1.771.0%1.751.0%1.731.0%1.590.9%
Usd Total Gains Per Share1.030.6%1.871.1%2.651.5%2.051.2%1.670.9%
Usd Price Per Share160.25-141.54-137.56-128.03-133.78-
Price to Earnings Ratio11.30-20.52-16.60-18.25-67.77-
Price-to-Total Gains Ratio155.27-90.26-55.96-63.46-44.02-
Price to Book Ratio6.08-5.38-5.79-5.31-6.54-
Price-to-Total Gains Ratio155.27-90.26-55.96-63.46-44.02-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share190.92005
Number of shares5
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share1.771.73
Usd Book Value Change Per Share0.100.32
Usd Total Gains Per Share1.872.05
Gains per Quarter (5 shares)9.3510.25
Gains per Year (5 shares)37.4041.00
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13522735631
271464691372
3106610110419113
4142813813826154
51771017517332195
62131221220838236
72481424924245277
82831628627751318
93191832331158359
103542036034664400

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%38.02.00.095.0%127.09.00.093.4%
Book Value Change Per Share2.02.00.050.0%9.03.00.075.0%14.06.00.070.0%28.012.00.070.0%83.053.00.061.0%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%136.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%34.06.00.085.0%99.037.00.072.8%

Fundamentals of International Business Machines

About International Business Machines

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment focuses on skills integration for strategy, experience, technology, and operations by domain and industry. The Infrastructure segment provides on-premises and cloud based server, and storage solutions, as well as life-cycle services for hybrid cloud infrastructure deployment. The Financing segment offers client and commercial financing, facilitates IBM clients' acquisition of hardware, software, and services. The company has a strategic partnership to various companies including hyperscalers, service providers, global system integrators, and software and hardware vendors that includes Adobe, Amazon Web services, Microsoft, Oracle, Salesforce, Samsung Electronics and SAP, and others. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.

Fundamental data was last updated by Penke on 2024-03-14 00:39:03.

Financial Health

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

Valuation

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

1.1. Profitability of International Business Machines.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit International Business Machines earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare International Business Machines to the Information Technology Services industry mean.
  • A Net Profit Margin of 18.9% means that €0.19 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of International Business Machines:

  • The MRQ is 18.9%. The company is making a huge profit. +2
  • The TTM is 11.8%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ18.9%TTM11.8%+7.1%
TTM11.8%YOY1.9%+9.9%
TTM11.8%5Y8.3%+3.5%
5Y8.3%10Y10.4%-2.1%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ18.9%3.7%+15.2%
TTM11.8%3.6%+8.2%
YOY1.9%3.4%-1.5%
5Y8.3%3.4%+4.9%
10Y10.4%3.3%+7.1%
1.1.2. Return on Assets

Shows how efficient International Business Machines is using its assets to generate profit.

  • Above 5% is considered healthy but always compare International Business Machines to the Information Technology Services industry mean.
  • 2.2% Return on Assets means that International Business Machines generated €0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of International Business Machines:

  • The MRQ is 2.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.2%TTM1.3%+0.9%
TTM1.3%YOY0.3%+1.0%
TTM1.3%5Y1.0%+0.3%
5Y1.0%10Y1.5%-0.5%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2%1.3%+0.9%
TTM1.3%1.3%+0.0%
YOY0.3%1.3%-1.0%
5Y1.0%1.3%-0.3%
10Y1.5%1.3%+0.2%
1.1.3. Return on Equity

Shows how efficient International Business Machines is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare International Business Machines to the Information Technology Services industry mean.
  • 13.5% Return on Equity means International Business Machines generated €0.13 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of International Business Machines:

  • The MRQ is 13.5%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 7.7%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ13.5%TTM7.7%+5.8%
TTM7.7%YOY1.7%+6.0%
TTM7.7%5Y6.8%+0.9%
5Y6.8%10Y11.0%-4.3%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ13.5%2.8%+10.7%
TTM7.7%2.7%+5.0%
YOY1.7%3.3%-1.6%
5Y6.8%3.2%+3.6%
10Y11.0%3.0%+8.0%

1.2. Operating Efficiency of International Business Machines.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient International Business Machines is operating .

  • Measures how much profit International Business Machines 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 International Business Machines to the Information Technology Services industry mean.
  • An Operating Margin of 24.4% means the company generated €0.24  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of International Business Machines:

  • The MRQ is 24.4%. The company is operating efficient. +1
  • The TTM is 16.4%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ24.4%TTM16.4%+8.0%
TTM16.4%YOY3.0%+13.4%
TTM16.4%5Y10.6%+5.8%
5Y10.6%10Y13.6%-3.0%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ24.4%7.0%+17.4%
TTM16.4%4.0%+12.4%
YOY3.0%5.7%-2.7%
5Y10.6%5.1%+5.5%
10Y13.6%4.7%+8.9%
1.2.2. Operating Ratio

Measures how efficient International Business Machines is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Information Technology Services industry mean).
  • An Operation Ratio of 0.77 means that the operating costs are €0.77 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of International Business Machines:

  • The MRQ is 0.772. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.852. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.772TTM0.852-0.080
TTM0.852YOY0.868-0.016
TTM0.8525Y0.874-0.021
5Y0.87410Y0.850+0.023
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7721.133-0.361
TTM0.8521.178-0.326
YOY0.8681.078-0.210
5Y0.8741.121-0.247
10Y0.8501.087-0.237

1.3. Liquidity of International Business Machines.

1.3. Liquidity
1.3.1. Current Ratio

Measures if International Business Machines is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Information Technology Services industry mean).
  • A Current Ratio of 0.96 means the company has €0.96 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of International Business Machines:

  • The MRQ is 0.964. The company is just not able to pay all its short-term debts. -1
  • The TTM is 1.023. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ0.964TTM1.023-0.058
TTM1.023YOY0.918+0.105
TTM1.0235Y1.028-0.006
5Y1.02810Y1.146-0.118
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9641.467-0.503
TTM1.0231.466-0.443
YOY0.9181.584-0.666
5Y1.0281.628-0.600
10Y1.1461.577-0.431
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare International Business Machines to the Information Technology Services industry mean.
  • A Quick Ratio of 0.81 means the company can pay off €0.81 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of International Business Machines:

  • The MRQ is 0.814. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 1.010. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ0.814TTM1.010-0.196
TTM1.010YOY0.751+0.258
TTM1.0105Y0.901+0.109
5Y0.90110Y0.993-0.092
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8141.002-0.188
TTM1.0101.0100.000
YOY0.7511.161-0.410
5Y0.9011.194-0.293
10Y0.9931.162-0.169

1.4. Solvency of International Business Machines.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of International Business Machines assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare International Business Machines to Information Technology Services industry mean.
  • A Debt to Asset Ratio of 0.83 means that International Business Machines 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 International Business Machines:

  • The MRQ is 0.833. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.831. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.833TTM0.831+0.002
TTM0.831YOY0.843-0.012
TTM0.8315Y0.853-0.022
5Y0.85310Y0.857-0.004
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8330.502+0.331
TTM0.8310.499+0.332
YOY0.8430.498+0.345
5Y0.8530.506+0.347
10Y0.8570.495+0.362
1.4.2. Debt to Equity Ratio

Measures if International Business Machines is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare International Business Machines to the Information Technology Services industry mean.
  • A Debt to Equity ratio of 499.8% means that company has €5.00 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of International Business Machines:

  • The MRQ is 4.998. The company is unable to pay all its debts with equity. -1
  • The TTM is 4.933. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ4.998TTM4.933+0.065
TTM4.933YOY5.405-0.472
TTM4.9335Y5.937-1.004
5Y5.93710Y6.167-0.230
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ4.9980.938+4.060
TTM4.9330.984+3.949
YOY5.4050.972+4.433
5Y5.9371.046+4.891
10Y6.1671.057+5.110

2. Market Valuation of International Business Machines

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 International Business Machines generates.

  • Above 15 is considered overpriced but always compare International Business Machines to the Information Technology Services industry mean.
  • A PE ratio of 11.30 means the investor is paying €11.30 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of International Business Machines:

  • The EOD is 13.461. Based on the earnings, the company is underpriced. +1
  • The MRQ is 11.299. Based on the earnings, the company is underpriced. +1
  • The TTM is 20.521. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD13.461MRQ11.299+2.162
MRQ11.299TTM20.521-9.223
TTM20.521YOY16.600+3.921
TTM20.5215Y18.247+2.275
5Y18.24710Y67.766-49.520
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD13.46115.268-1.807
MRQ11.29912.943-1.644
TTM20.52114.770+5.751
YOY16.60017.385-0.785
5Y18.24718.091+0.156
10Y67.76620.242+47.524
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of International Business Machines:

  • The EOD is 10.191. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 8.554. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 10.251. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD10.191MRQ8.554+1.637
MRQ8.554TTM10.251-1.696
TTM10.251YOY18.782-8.531
TTM10.2515Y11.341-1.090
5Y11.34110Y11.102+0.239
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD10.1916.559+3.632
MRQ8.5546.379+2.175
TTM10.2514.370+5.881
YOY18.7826.332+12.450
5Y11.3415.929+5.412
10Y11.1025.680+5.422
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Information Technology Services industry mean).
  • A PB ratio of 6.08 means the investor is paying €6.08 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of International Business Machines:

  • The EOD is 7.238. Based on the equity, the company is overpriced. -1
  • The MRQ is 6.075. Based on the equity, the company is overpriced. -1
  • The TTM is 5.377. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD7.238MRQ6.075+1.163
MRQ6.075TTM5.377+0.698
TTM5.377YOY5.789-0.412
TTM5.3775Y5.314+0.064
5Y5.31410Y6.536-1.222
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD7.2382.403+4.835
MRQ6.0752.210+3.865
TTM5.3772.324+3.053
YOY5.7892.739+3.050
5Y5.3142.853+2.461
10Y6.5363.305+3.231
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of International Business Machines compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.6830.091-848%0.825-183%0.296-331%0.079-966%
Book Value Per Share--24.38624.322+0%22.006+11%22.424+9%19.814+23%
Current Ratio--0.9641.023-6%0.918+5%1.028-6%1.146-16%
Debt To Asset Ratio--0.8330.831+0%0.843-1%0.853-2%0.857-3%
Debt To Equity Ratio--4.9984.933+1%5.405-8%5.937-16%6.167-19%
Dividend Per Share--1.6371.6380%1.622+1%1.599+2%1.468+12%
Eps--3.2781.877+75%0.413+693%1.505+118%1.986+65%
Free Cash Flow Per Share--4.3303.321+30%2.338+85%3.151+37%3.205+35%
Free Cash Flow To Equity Per Share--2.5882.851-9%0.986+162%2.021+28%1.418+83%
Gross Profit Margin--0.9250.793+17%0.810+14%0.839+10%0.443+109%
Intrinsic Value_10Y_max--100.015--------
Intrinsic Value_10Y_min--30.330--------
Intrinsic Value_1Y_max--12.431--------
Intrinsic Value_1Y_min--9.922--------
Intrinsic Value_3Y_max--35.514--------
Intrinsic Value_3Y_min--24.027--------
Intrinsic Value_5Y_max--56.385--------
Intrinsic Value_5Y_min--31.684--------
Market Cap161805496736.000+15%137379495000.000120696875750.000+14%116580172839.520+18%108657408362.097+26%116443310934.775+18%
Net Profit Margin--0.1890.118+60%0.019+899%0.083+128%0.104+83%
Operating Margin--0.2440.164+49%0.030+715%0.106+130%0.136+79%
Operating Ratio--0.7720.852-9%0.868-11%0.874-12%0.850-9%
Pb Ratio7.238+16%6.0755.377+13%5.789+5%5.314+14%6.536-7%
Pe Ratio13.461+16%11.29920.521-45%16.600-32%18.247-38%67.766-83%
Price Per Share176.500+16%148.150130.853+13%127.168+16%118.364+25%123.673+20%
Price To Free Cash Flow Ratio10.191+16%8.55410.251-17%18.782-54%11.341-25%11.102-23%
Price To Total Gains Ratio184.988+16%155.27490.258+72%55.957+177%63.456+145%44.016+253%
Quick Ratio--0.8141.010-19%0.751+8%0.901-10%0.993-18%
Return On Assets--0.0220.013+72%0.003+698%0.010+132%0.015+50%
Return On Equity--0.1350.077+75%0.017+693%0.068+99%0.110+22%
Total Gains Per Share--0.9541.729-45%2.447-61%1.895-50%1.547-38%
Usd Book Value--24460482100.00024260367600.000+1%21821674950.000+12%22265334205.000+10%20041196750.000+22%
Usd Book Value Change Per Share---0.7390.099-848%0.892-183%0.320-331%0.085-966%
Usd Book Value Per Share--26.37826.309+0%23.803+11%24.257+9%21.432+23%
Usd Dividend Per Share--1.7711.7710%1.755+1%1.730+2%1.588+12%
Usd Eps--3.5462.031+75%0.447+693%1.628+118%2.149+65%
Usd Free Cash Flow--4343025500.0003314328800.000+31%2318623950.000+87%3129249930.000+39%3257052785.000+33%
Usd Free Cash Flow Per Share--4.6843.593+30%2.529+85%3.409+37%3.466+35%
Usd Free Cash Flow To Equity Per Share--2.8003.083-9%1.067+162%2.187+28%1.533+83%
Usd Market Cap175025005819.331+15%148603399741.500130557810498.775+14%126104772960.509+18%117534718625.280+26%125956729438.146+18%
Usd Price Per Share190.920+16%160.254141.543+13%137.557+16%128.034+25%133.777+20%
Usd Profit--3288104065.2001875559359.575+75%405262826.163+711%1494347294.595+120%2036239444.939+61%
Usd Revenue--17380550077.00015465489467.250+12%15133478959.450+15%17197944297.710+1%18943024527.751-8%
Usd Total Gains Per Share--1.0321.870-45%2.647-61%2.050-50%1.673-38%
 EOD+4 -4MRQTTM+22 -14YOY+30 -65Y+28 -810Y+28 -8

3.2. Fundamental Score

Let's check the fundamental score of International Business Machines based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1513.461
Price to Book Ratio (EOD)Between0-17.238
Net Profit Margin (MRQ)Greater than00.189
Operating Margin (MRQ)Greater than00.244
Quick Ratio (MRQ)Greater than10.814
Current Ratio (MRQ)Greater than10.964
Debt to Asset Ratio (MRQ)Less than10.833
Debt to Equity Ratio (MRQ)Less than14.998
Return on Equity (MRQ)Greater than0.150.135
Return on Assets (MRQ)Greater than0.050.022
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of International Business Machines based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.864
Ma 20Greater thanMa 50177.308
Ma 50Greater thanMa 100172.856
Ma 100Greater thanMa 200159.332
OpenGreater thanClose176.200
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets135,241,000
Total Liabilities112,628,000
Total Stockholder Equity22,533,000
 As reported
Total Liabilities 112,628,000
Total Stockholder Equity+ 22,533,000
Total Assets = 135,241,000

Assets

Total Assets135,241,000
Total Current Assets32,908,000
Long-term Assets102,332,000
Total Current Assets
Cash And Cash Equivalents 13,068,000
Short-term Investments 373,000
Net Receivables 13,956,000
Inventory 1,161,000
Other Current Assets 2,639,000
Total Current Assets  (as reported)32,908,000
Total Current Assets  (calculated)31,197,000
+/- 1,711,000
Long-term Assets
Property Plant Equipment 8,722,000
Goodwill 60,178,000
Intangible Assets 11,036,000
Long-term Assets Other 14,114,000
Long-term Assets  (as reported)102,332,000
Long-term Assets  (calculated)94,050,000
+/- 8,282,000

Liabilities & Shareholders' Equity

Total Current Liabilities34,122,000
Long-term Liabilities78,506,000
Total Stockholder Equity22,533,000
Total Current Liabilities
Short-term Debt 7,246,000
Short Long Term Debt 6,426,000
Accounts payable 4,132,000
Other Current Liabilities 9,293,000
Total Current Liabilities  (as reported)34,122,000
Total Current Liabilities  (calculated)27,097,000
+/- 7,025,000
Long-term Liabilities
Long term Debt 50,121,000
Capital Lease Obligations 3,388,000
Long-term Liabilities Other 1,164,000
Long-term Liabilities  (as reported)78,506,000
Long-term Liabilities  (calculated)54,673,000
+/- 23,833,000
Total Stockholder Equity
Common Stock59,643,000
Retained Earnings 151,276,000
Other Stockholders Equity -188,386,000
Total Stockholder Equity (as reported)22,533,000
Total Stockholder Equity (calculated)22,533,000
+/-0
Other
Capital Stock59,643,000
Cash and Short Term Investments 13,441,000
Common Stock Shares Outstanding 927,300
Current Deferred Revenue13,451,000
Liabilities and Stockholders Equity 135,241,000
Net Debt 46,867,000
Net Invested Capital 79,080,000
Net Working Capital -1,214,000
Property Plant and Equipment Gross 21,343,000
Short Long Term Debt Total 59,935,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-311999-12-311999-09-301999-06-301999-03-311998-12-311998-09-301998-06-301998-03-311997-12-311997-09-301997-06-301997-03-311996-12-311996-09-301996-06-301996-03-311995-12-311995-09-301995-06-301995-03-311994-12-311994-09-301994-06-301994-03-311993-12-311993-09-301993-06-301993-03-311992-12-311992-09-301992-06-301992-03-311991-12-311991-09-301991-06-301991-03-311990-12-311990-09-301990-06-301990-03-311989-12-311989-09-301989-06-301989-03-311988-12-311988-09-301988-06-301988-03-311987-12-311987-09-301987-06-301987-03-311986-12-311986-09-301986-06-301986-03-311985-12-311985-09-30
> Total Assets 
0
52,634,000
0
0
0
57,814,000
0
0
0
63,688,000
0
0
0
73,037,000
0
0
0
77,734,000
77,227,000
78,960,000
81,808,000
87,568,000
83,925,000
81,572,000
87,324,000
92,473,000
88,162,000
89,052,000
91,017,000
86,705,000
85,713,000
86,141,000
84,217,000
81,113,000
79,872,000
78,601,000
79,068,000
81,091,000
80,880,000
81,601,000
77,502,000
80,292,000
77,766,000
77,474,000
77,996,000
81,132,000
76,527,000
78,819,000
78,293,000
81,499,000
77,944,000
77,112,000
79,719,000
86,100,000
81,751,000
83,347,000
85,375,000
87,495,000
82,764,000
82,949,000
83,876,000
88,349,000
84,790,000
83,940,000
85,094,000
88,313,000
83,056,000
84,211,000
83,956,000
96,484,000
95,720,000
96,938,000
97,190,000
104,457,000
101,825,000
99,582,000
100,676,000
109,183,000
104,899,000
103,388,000
101,009,000
105,748,000
102,468,000
103,377,000
104,155,000
103,234,000
101,619,000
102,548,000
108,609,000
120,431,000
121,823,000
120,928,000
115,910,000
109,524,000
101,944,000
103,655,000
103,675,000
109,022,000
105,208,000
103,420,000
107,174,000
113,452,000
112,960,000
113,474,000
110,158,000
116,433,000
115,347,000
113,832,000
115,778,000
119,213,000
117,258,000
115,152,000
117,845,000
126,223,000
122,646,000
124,314,000
118,908,000
117,532,000
112,037,000
112,729,000
108,649,000
110,491,000
118,856,000
118,056,000
115,606,000
117,470,000
117,495,000
120,495,000
121,636,000
125,355,000
125,285,000
121,622,000
121,990,000
123,382,000
130,926,000
154,652,000
149,617,000
152,186,000
153,403,000
154,199,000
154,127,000
155,971,000
148,628,000
146,814,000
144,215,000
132,001,000
133,213,000
127,503,000
125,850,000
127,243,000
133,637,000
132,213,000
129,321,000
135,241,000
135,241,000129,321,000132,213,000133,637,000127,243,000125,850,000127,503,000133,213,000132,001,000144,215,000146,814,000148,628,000155,971,000154,127,000154,199,000153,403,000152,186,000149,617,000154,652,000130,926,000123,382,000121,990,000121,622,000125,285,000125,355,000121,636,000120,495,000117,495,000117,470,000115,606,000118,056,000118,856,000110,491,000108,649,000112,729,000112,037,000117,532,000118,908,000124,314,000122,646,000126,223,000117,845,000115,152,000117,258,000119,213,000115,778,000113,832,000115,347,000116,433,000110,158,000113,474,000112,960,000113,452,000107,174,000103,420,000105,208,000109,022,000103,675,000103,655,000101,944,000109,524,000115,910,000120,928,000121,823,000120,431,000108,609,000102,548,000101,619,000103,234,000104,155,000103,377,000102,468,000105,748,000101,009,000103,388,000104,899,000109,183,000100,676,00099,582,000101,825,000104,457,00097,190,00096,938,00095,720,00096,484,00083,956,00084,211,00083,056,00088,313,00085,094,00083,940,00084,790,00088,349,00083,876,00082,949,00082,764,00087,495,00085,375,00083,347,00081,751,00086,100,00079,719,00077,112,00077,944,00081,499,00078,293,00078,819,00076,527,00081,132,00077,996,00077,474,00077,766,00080,292,00077,502,00081,601,00080,880,00081,091,00079,068,00078,601,00079,872,00081,113,00084,217,00086,141,00085,713,00086,705,00091,017,00089,052,00088,162,00092,473,00087,324,00081,572,00083,925,00087,568,00081,808,00078,960,00077,227,00077,734,00000073,037,00000063,688,00000057,814,00000052,634,0000
   > Total Current Assets 
0
26,070,000
0
0
0
27,749,000
0
0
0
31,020,000
0
0
0
35,343,000
0
0
0
35,875,000
34,869,000
34,937,000
36,528,000
38,920,000
37,658,000
35,516,000
37,851,000
40,969,000
38,439,000
38,149,000
40,140,000
39,692,000
39,746,000
40,865,000
40,252,000
39,202,000
39,165,000
38,895,000
40,150,000
41,338,000
41,031,000
41,701,000
37,642,000
40,691,000
38,854,000
38,936,000
39,379,000
40,695,000
37,320,000
38,639,000
38,190,000
40,418,000
37,571,000
37,011,000
38,802,000
42,360,000
39,801,000
43,452,000
42,877,000
43,155,000
39,139,000
39,437,000
40,037,000
43,880,000
41,975,000
40,574,000
40,309,000
42,461,000
37,385,000
36,723,000
37,316,000
41,652,000
39,737,000
39,795,000
40,566,000
44,998,000
42,619,000
41,409,000
42,430,000
46,970,000
41,343,000
40,510,000
39,143,000
45,661,000
41,583,000
39,591,000
40,668,000
44,660,000
42,446,000
42,293,000
46,588,000
53,177,000
48,425,000
46,312,000
44,187,000
49,004,000
43,995,000
44,435,000
43,446,000
48,935,000
45,697,000
44,895,000
44,469,000
48,116,000
47,524,000
46,937,000
45,373,000
50,928,000
48,847,000
47,392,000
48,141,000
49,433,000
48,949,000
47,911,000
47,533,000
51,350,000
47,959,000
48,182,000
47,163,000
49,422,000
46,316,000
45,186,000
42,112,000
42,504,000
47,623,000
43,524,000
41,433,000
43,888,000
42,889,000
45,013,000
44,742,000
49,735,000
49,122,000
46,795,000
48,257,000
49,146,000
52,705,000
77,517,000
38,121,000
38,420,000
38,931,000
39,953,000
39,845,000
39,165,000
34,038,000
30,774,000
29,967,000
29,539,000
31,330,000
27,896,000
28,999,000
29,118,000
35,982,000
34,458,000
27,705,000
32,908,000
32,908,00027,705,00034,458,00035,982,00029,118,00028,999,00027,896,00031,330,00029,539,00029,967,00030,774,00034,038,00039,165,00039,845,00039,953,00038,931,00038,420,00038,121,00077,517,00052,705,00049,146,00048,257,00046,795,00049,122,00049,735,00044,742,00045,013,00042,889,00043,888,00041,433,00043,524,00047,623,00042,504,00042,112,00045,186,00046,316,00049,422,00047,163,00048,182,00047,959,00051,350,00047,533,00047,911,00048,949,00049,433,00048,141,00047,392,00048,847,00050,928,00045,373,00046,937,00047,524,00048,116,00044,469,00044,895,00045,697,00048,935,00043,446,00044,435,00043,995,00049,004,00044,187,00046,312,00048,425,00053,177,00046,588,00042,293,00042,446,00044,660,00040,668,00039,591,00041,583,00045,661,00039,143,00040,510,00041,343,00046,970,00042,430,00041,409,00042,619,00044,998,00040,566,00039,795,00039,737,00041,652,00037,316,00036,723,00037,385,00042,461,00040,309,00040,574,00041,975,00043,880,00040,037,00039,437,00039,139,00043,155,00042,877,00043,452,00039,801,00042,360,00038,802,00037,011,00037,571,00040,418,00038,190,00038,639,00037,320,00040,695,00039,379,00038,936,00038,854,00040,691,00037,642,00041,701,00041,031,00041,338,00040,150,00038,895,00039,165,00039,202,00040,252,00040,865,00039,746,00039,692,00040,140,00038,149,00038,439,00040,969,00037,851,00035,516,00037,658,00038,920,00036,528,00034,937,00034,869,00035,875,00000035,343,00000031,020,00000027,749,00000026,070,0000
       Cash And Cash Equivalents 
0
5,622,000
0
0
0
7,257,000
0
0
0
6,967,000
0
0
0
6,123,000
0
0
0
3,700,000
4,292,000
3,231,000
3,383,000
3,853,000
4,965,000
3,333,000
3,614,000
3,945,000
4,823,000
3,374,000
4,121,000
4,446,000
5,127,000
6,034,000
5,334,000
5,861,000
8,111,000
7,381,000
9,322,000
7,922,000
9,072,000
9,893,000
6,440,000
7,259,000
5,953,000
5,896,000
6,806,000
7,687,000
5,959,000
6,503,000
5,926,000
7,106,000
5,495,000
5,084,000
5,553,000
5,375,000
4,855,000
5,465,000
4,582,000
5,043,000
3,285,000
2,987,000
2,880,000
3,563,000
3,793,000
3,691,000
3,715,000
6,330,000
3,833,000
3,453,000
5,216,000
5,382,000
4,195,000
4,842,000
5,451,000
7,290,000
7,450,000
7,715,000
9,178,000
10,053,000
8,637,000
8,648,000
8,252,000
12,568,000
9,135,000
7,100,000
8,484,000
8,022,000
6,953,000
7,010,000
9,295,000
14,991,000
10,786,000
9,626,000
9,755,000
12,741,000
12,294,000
11,678,000
9,532,000
12,183,000
12,472,000
10,325,000
9,859,000
10,661,000
12,763,000
11,714,000
11,303,000
11,922,000
11,835,000
10,864,000
11,909,000
10,412,000
10,585,000
9,558,000
10,072,000
10,716,000
9,409,000
9,715,000
9,561,000
8,476,000
8,796,000
8,393,000
9,480,000
7,686,000
14,354,000
10,017,000
9,039,000
7,826,000
10,096,000
11,696,000
10,915,000
11,972,000
11,949,000
10,741,000
11,563,000
11,379,000
17,134,000
45,399,000
10,087,000
8,172,000
11,218,000
12,041,000
14,393,000
13,212,000
10,531,000
7,350,000
7,455,000
6,650,000
9,934,000
7,034,000
7,816,000
7,886,000
9,337,000
9,394,000
7,257,000
13,068,000
13,068,0007,257,0009,394,0009,337,0007,886,0007,816,0007,034,0009,934,0006,650,0007,455,0007,350,00010,531,00013,212,00014,393,00012,041,00011,218,0008,172,00010,087,00045,399,00017,134,00011,379,00011,563,00010,741,00011,949,00011,972,00010,915,00011,696,00010,096,0007,826,0009,039,00010,017,00014,354,0007,686,0009,480,0008,393,0008,796,0008,476,0009,561,0009,715,0009,409,00010,716,00010,072,0009,558,00010,585,00010,412,00011,909,00010,864,00011,835,00011,922,00011,303,00011,714,00012,763,00010,661,0009,859,00010,325,00012,472,00012,183,0009,532,00011,678,00012,294,00012,741,0009,755,0009,626,00010,786,00014,991,0009,295,0007,010,0006,953,0008,022,0008,484,0007,100,0009,135,00012,568,0008,252,0008,648,0008,637,00010,053,0009,178,0007,715,0007,450,0007,290,0005,451,0004,842,0004,195,0005,382,0005,216,0003,453,0003,833,0006,330,0003,715,0003,691,0003,793,0003,563,0002,880,0002,987,0003,285,0005,043,0004,582,0005,465,0004,855,0005,375,0005,553,0005,084,0005,495,0007,106,0005,926,0006,503,0005,959,0007,687,0006,806,0005,896,0005,953,0007,259,0006,440,0009,893,0009,072,0007,922,0009,322,0007,381,0008,111,0005,861,0005,334,0006,034,0005,127,0004,446,0004,121,0003,374,0004,823,0003,945,0003,614,0003,333,0004,965,0003,853,0003,383,0003,231,0004,292,0003,700,0000006,123,0000006,967,0000007,257,0000005,622,0000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
840,000
1,190,000
1,482,000
2,632,000
1,418,000
636,000
511,000
442,000
443,000
481,000
196,000
450,000
504,000
358,000
560,000
447,000
394,000
387,000
316,000
393,000
501,000
1,776,000
1,444,000
788,000
321,000
274,000
153,000
159,000
74,000
89,000
297,000
63,000
134,000
114,000
6,000
593,000
1,382,000
979,000
720,000
357,000
1,051,000
478,000
493,000
517,000
14,000
11,000
2,000
1,118,000
3,167,000
2,890,000
2,417,000
2,634,000
3,829,000
3,179,000
4,528,000
1,155,000
1,241,000
221,000
1,000
166,000
1,000
848,000
1,980,000
1,791,000
1,505,000
1,916,000
1,227,000
990,000
482,000
50,000
0
0
500,000
323,000
345,000
717,000
1,407,000
799,000
160,000
350,000
295,000
5,000
4,000
0
8,000
367,000
88,000
508,000
515,000
600,000
929,000
701,000
599,000
599,000
600,000
608,000
893,000
966,000
2,932,000
618,000
872,000
874,000
733,000
696,000
647,000
2,063,000
1,200,000
600,000
600,000
600,000
600,000
600,000
550,000
524,000
1,753,000
852,000
8,057,000
6,904,000
3,721,000
373,000
373,0003,721,0006,904,0008,057,000852,0001,753,000524,000550,000600,000600,000600,000600,000600,0001,200,0002,063,000647,000696,000733,000874,000872,000618,0002,932,000966,000893,000608,000600,000599,000599,000701,000929,000600,000515,000508,00088,000367,0008,00004,0005,000295,000350,000160,000799,0001,407,000717,000345,000323,000500,0000050,000482,000990,0001,227,0001,916,0001,505,0001,791,0001,980,000848,0001,000166,0001,000221,0001,241,0001,155,0004,528,0003,179,0003,829,0002,634,0002,417,0002,890,0003,167,0001,118,0002,00011,00014,000517,000493,000478,0001,051,000357,000720,000979,0001,382,000593,0006,000114,000134,00063,000297,00089,00074,000159,000153,000274,000321,000788,0001,444,0001,776,000501,000393,000316,000387,000394,000447,000560,000358,000504,000450,000196,000481,000443,000442,000511,000636,0001,418,0002,632,0001,482,0001,190,000840,0000000000000000000000000000000000000
       Net Receivables 
0
10,566,000
0
0
0
10,825,000
0
0
0
13,849,000
0
0
0
18,100,000
0
0
0
20,164,000
17,608,000
18,099,000
18,515,000
22,644,000
18,719,000
18,391,000
19,482,000
25,523,000
20,273,000
21,185,000
20,005,000
21,604,000
20,830,000
20,167,000
20,085,000
19,412,000
17,915,000
18,838,000
18,644,000
21,533,000
20,763,000
21,111,000
20,728,000
23,402,000
21,968,000
21,919,000
21,376,000
23,167,000
21,410,000
21,785,000
21,741,000
23,826,000
22,050,000
21,585,000
23,551,000
26,781,000
24,248,000
26,026,000
26,811,000
27,618,000
25,320,000
26,201,000
26,704,000
30,726,000
27,399,000
26,605,000
26,677,000
27,018,000
24,118,000
24,874,000
24,204,000
27,358,000
25,784,000
25,613,000
26,230,000
28,923,000
25,549,000
24,661,000
23,990,000
28,136,000
24,579,000
24,271,000
23,326,000
24,428,000
21,894,000
22,336,000
22,683,000
26,848,000
24,017,000
24,287,000
24,801,000
28,789,000
26,894,000
27,228,000
24,939,000
27,555,000
23,463,000
23,856,000
23,622,000
26,793,000
23,511,000
23,492,000
24,496,000
28,225,000
25,658,000
26,381,000
24,987,000
29,561,000
26,841,000
26,857,000
26,763,000
30,578,000
28,196,000
28,836,000
28,334,000
31,836,000
29,661,000
30,077,000
28,002,000
31,831,000
27,849,000
27,910,000
25,113,000
28,554,000
26,730,000
26,547,000
25,196,000
29,245,000
25,869,000
26,958,000
27,126,000
31,630,000
29,229,000
28,340,000
27,087,000
30,563,000
27,945,000
24,738,000
20,959,000
23,795,000
20,669,000
19,447,000
17,870,000
18,738,000
16,067,000
15,823,000
14,669,000
15,770,000
13,649,000
14,009,000
13,104,000
15,148,000
13,231,000
12,940,000
11,797,000
13,956,000
13,956,00011,797,00012,940,00013,231,00015,148,00013,104,00014,009,00013,649,00015,770,00014,669,00015,823,00016,067,00018,738,00017,870,00019,447,00020,669,00023,795,00020,959,00024,738,00027,945,00030,563,00027,087,00028,340,00029,229,00031,630,00027,126,00026,958,00025,869,00029,245,00025,196,00026,547,00026,730,00028,554,00025,113,00027,910,00027,849,00031,831,00028,002,00030,077,00029,661,00031,836,00028,334,00028,836,00028,196,00030,578,00026,763,00026,857,00026,841,00029,561,00024,987,00026,381,00025,658,00028,225,00024,496,00023,492,00023,511,00026,793,00023,622,00023,856,00023,463,00027,555,00024,939,00027,228,00026,894,00028,789,00024,801,00024,287,00024,017,00026,848,00022,683,00022,336,00021,894,00024,428,00023,326,00024,271,00024,579,00028,136,00023,990,00024,661,00025,549,00028,923,00026,230,00025,613,00025,784,00027,358,00024,204,00024,874,00024,118,00027,018,00026,677,00026,605,00027,399,00030,726,00026,704,00026,201,00025,320,00027,618,00026,811,00026,026,00024,248,00026,781,00023,551,00021,585,00022,050,00023,826,00021,741,00021,785,00021,410,00023,167,00021,376,00021,919,00021,968,00023,402,00020,728,00021,111,00020,763,00021,533,00018,644,00018,838,00017,915,00019,412,00020,085,00020,167,00020,830,00021,604,00020,005,00021,185,00020,273,00025,523,00019,482,00018,391,00018,719,00022,644,00018,515,00018,099,00017,608,00020,164,00000018,100,00000013,849,00000010,825,00000010,566,0000
       Other Current Assets 
0
1,303,000
0
0
0
1,628,000
0
0
0
1,559,000
0
0
0
1,555,000
0
0
0
2,548,000
3,125,000
3,521,000
3,375,000
2,315,000
3,918,000
3,635,000
3,533,000
1,657,000
3,146,000
2,996,000
5,153,000
5,257,000
5,570,000
6,403,000
6,176,000
6,364,000
4,909,000
4,334,000
3,698,000
2,917,000
3,567,000
3,899,000
3,443,000
3,265,000
3,532,000
3,920,000
3,835,000
3,521,000
3,661,000
4,080,000
3,982,000
3,900,000
4,240,000
4,334,000
3,834,000
4,611,000
4,956,000
5,146,000
4,910,000
4,838,000
5,143,000
5,216,000
5,391,000
4,667,000
5,697,000
5,331,000
4,782,000
4,746,000
4,893,000
4,440,000
4,466,000
5,171,000
5,058,000
5,000,000
4,883,000
5,486,000
5,520,000
5,373,000
5,438,000
4,948,000
4,696,000
4,332,000
4,273,000
4,706,000
4,435,000
4,154,000
3,950,000
4,346,000
4,735,000
4,969,000
5,109,000
5,578,000
6,528,000
6,322,000
6,492,000
5,841,000
5,478,000
5,362,000
5,766,000
5,674,000
5,685,000
6,567,000
6,258,000
5,790,000
6,072,000
6,219,000
6,420,000
6,850,000
6,917,000
6,590,000
6,538,000
5,439,000
6,340,000
6,329,000
6,475,000
6,138,000
6,138,000
6,047,000
7,240,000
7,012,000
7,693,000
6,604,000
5,818,000
4,205,000
4,334,000
4,675,000
4,540,000
4,563,000
4,716,000
4,156,000
4,390,000
3,942,000
5,298,000
5,006,000
4,782,000
4,904,000
4,983,000
4,761,000
4,630,000
4,138,000
4,611,000
4,533,000
4,433,000
4,776,000
5,012,000
5,194,000
5,352,000
4,870,000
4,935,000
1,000
1,000
2,610,000
2,501,000
2,731,000
2,581,000
2,639,000
2,639,0002,581,0002,731,0002,501,0002,610,0001,0001,0004,935,0004,870,0005,352,0005,194,0005,012,0004,776,0004,433,0004,533,0004,611,0004,138,0004,630,0004,761,0004,983,0004,904,0004,782,0005,006,0005,298,0003,942,0004,390,0004,156,0004,716,0004,563,0004,540,0004,675,0004,334,0004,205,0005,818,0006,604,0007,693,0007,012,0007,240,0006,047,0006,138,0006,138,0006,475,0006,329,0006,340,0005,439,0006,538,0006,590,0006,917,0006,850,0006,420,0006,219,0006,072,0005,790,0006,258,0006,567,0005,685,0005,674,0005,766,0005,362,0005,478,0005,841,0006,492,0006,322,0006,528,0005,578,0005,109,0004,969,0004,735,0004,346,0003,950,0004,154,0004,435,0004,706,0004,273,0004,332,0004,696,0004,948,0005,438,0005,373,0005,520,0005,486,0004,883,0005,000,0005,058,0005,171,0004,466,0004,440,0004,893,0004,746,0004,782,0005,331,0005,697,0004,667,0005,391,0005,216,0005,143,0004,838,0004,910,0005,146,0004,956,0004,611,0003,834,0004,334,0004,240,0003,900,0003,982,0004,080,0003,661,0003,521,0003,835,0003,920,0003,532,0003,265,0003,443,0003,899,0003,567,0002,917,0003,698,0004,334,0004,909,0006,364,0006,176,0006,403,0005,570,0005,257,0005,153,0002,996,0003,146,0001,657,0003,533,0003,635,0003,918,0002,315,0003,375,0003,521,0003,125,0002,548,0000001,555,0000001,559,0000001,628,0000001,303,0000
   > Long-term Assets 
0
26,564,000
0
0
0
30,065,000
0
0
0
32,668,000
0
0
0
37,694,000
0
0
0
41,859,000
42,358,000
44,023,000
45,280,000
48,648,000
46,267,000
46,056,000
49,473,000
51,504,000
49,723,000
50,903,000
50,877,000
47,013,000
45,967,000
45,276,000
43,965,000
41,911,000
40,707,000
39,706,000
38,918,000
39,753,000
39,849,000
39,900,000
39,860,000
39,601,000
38,912,000
38,538,000
38,617,000
40,437,000
39,207,000
40,180,000
40,103,000
41,081,000
40,373,000
40,101,000
40,917,000
43,740,000
41,950,000
39,895,000
42,498,000
44,340,000
43,625,000
43,512,000
43,839,000
44,469,000
42,815,000
43,366,000
44,785,000
45,852,000
45,671,000
47,488,000
46,640,000
54,832,000
55,983,000
57,143,000
56,624,000
59,459,000
59,206,000
58,173,000
58,246,000
62,213,000
63,556,000
62,878,000
61,866,000
60,087,000
60,885,000
63,786,000
63,487,000
58,574,000
59,173,000
60,255,000
62,021,000
67,254,000
73,398,000
74,616,000
71,723,000
60,520,000
57,949,000
59,220,000
60,229,000
60,087,000
59,511,000
58,525,000
62,705,000
65,336,000
65,436,000
66,537,000
64,785,000
65,505,000
66,500,000
66,440,000
67,637,000
69,780,000
68,309,000
67,241,000
70,312,000
74,873,000
74,687,000
76,132,000
71,745,000
68,110,000
65,721,000
67,543,000
66,537,000
67,987,000
71,233,000
74,532,000
74,173,000
73,582,000
74,606,000
75,482,000
76,894,000
75,620,000
76,163,000
74,827,000
73,733,000
74,236,000
78,221,000
77,135,000
111,496,000
113,766,000
114,472,000
114,246,000
114,282,000
116,806,000
114,590,000
116,040,000
114,248,000
102,462,000
101,944,000
99,606,000
96,851,000
98,126,000
97,655,000
97,755,000
101,617,000
102,332,000
102,332,000101,617,00097,755,00097,655,00098,126,00096,851,00099,606,000101,944,000102,462,000114,248,000116,040,000114,590,000116,806,000114,282,000114,246,000114,472,000113,766,000111,496,00077,135,00078,221,00074,236,00073,733,00074,827,00076,163,00075,620,00076,894,00075,482,00074,606,00073,582,00074,173,00074,532,00071,233,00067,987,00066,537,00067,543,00065,721,00068,110,00071,745,00076,132,00074,687,00074,873,00070,312,00067,241,00068,309,00069,780,00067,637,00066,440,00066,500,00065,505,00064,785,00066,537,00065,436,00065,336,00062,705,00058,525,00059,511,00060,087,00060,229,00059,220,00057,949,00060,520,00071,723,00074,616,00073,398,00067,254,00062,021,00060,255,00059,173,00058,574,00063,487,00063,786,00060,885,00060,087,00061,866,00062,878,00063,556,00062,213,00058,246,00058,173,00059,206,00059,459,00056,624,00057,143,00055,983,00054,832,00046,640,00047,488,00045,671,00045,852,00044,785,00043,366,00042,815,00044,469,00043,839,00043,512,00043,625,00044,340,00042,498,00039,895,00041,950,00043,740,00040,917,00040,101,00040,373,00041,081,00040,103,00040,180,00039,207,00040,437,00038,617,00038,538,00038,912,00039,601,00039,860,00039,900,00039,849,00039,753,00038,918,00039,706,00040,707,00041,911,00043,965,00045,276,00045,967,00047,013,00050,877,00050,903,00049,723,00051,504,00049,473,00046,056,00046,267,00048,648,00045,280,00044,023,00042,358,00041,859,00000037,694,00000032,668,00000030,065,00000026,564,0000
       Property Plant Equipment 
0
19,680,000
0
0
0
21,268,000
0
0
0
22,922,000
0
0
0
22,050,000
0
0
0
24,943,000
24,941,000
25,599,000
26,456,000
27,241,000
26,009,000
25,936,000
26,884,000
27,578,000
26,637,000
26,970,000
25,263,000
21,595,000
21,028,000
19,515,000
18,773,000
17,521,000
17,277,000
16,736,000
16,338,000
16,664,000
16,824,000
16,844,000
16,433,000
16,579,000
16,207,000
16,337,000
16,676,000
17,407,000
17,062,000
17,647,000
17,921,000
18,347,000
18,223,000
18,453,000
19,005,000
19,631,000
18,866,000
17,253,000
17,463,000
17,590,000
16,959,000
16,634,000
16,329,000
16,714,000
16,514,000
16,611,000
16,820,000
16,504,000
16,629,000
14,712,000
14,451,000
14,440,000
14,363,000
14,560,000
14,489,000
14,689,000
14,612,000
14,569,000
14,608,000
15,175,000
14,708,000
14,212,000
14,042,000
13,756,000
13,712,000
13,963,000
14,059,000
14,439,000
14,414,000
14,479,000
14,837,000
15,081,000
15,470,000
15,386,000
14,659,000
14,304,000
13,727,000
13,948,000
14,189,000
14,165,000
13,840,000
13,534,000
14,009,000
14,096,000
14,208,000
14,239,000
13,887,000
13,883,000
13,945,000
13,865,000
14,028,000
13,997,000
13,597,000
13,356,000
13,877,000
13,821,000
13,683,000
13,748,000
11,068,000
10,772,000
10,510,000
10,703,000
10,661,000
10,725,000
10,910,000
11,092,000
11,104,000
10,831,000
10,865,000
10,903,000
11,057,000
11,116,000
11,278,000
11,024,000
10,949,000
10,793,000
15,309,000
15,200,000
14,963,000
15,005,000
14,496,000
14,483,000
14,673,000
14,726,000
13,935,000
13,810,000
13,391,000
8,916,000
8,667,000
8,123,000
7,890,000
8,212,000
8,133,000
8,096,000
8,481,000
8,722,000
8,722,0008,481,0008,096,0008,133,0008,212,0007,890,0008,123,0008,667,0008,916,00013,391,00013,810,00013,935,00014,726,00014,673,00014,483,00014,496,00015,005,00014,963,00015,200,00015,309,00010,793,00010,949,00011,024,00011,278,00011,116,00011,057,00010,903,00010,865,00010,831,00011,104,00011,092,00010,910,00010,725,00010,661,00010,703,00010,510,00010,772,00011,068,00013,748,00013,683,00013,821,00013,877,00013,356,00013,597,00013,997,00014,028,00013,865,00013,945,00013,883,00013,887,00014,239,00014,208,00014,096,00014,009,00013,534,00013,840,00014,165,00014,189,00013,948,00013,727,00014,304,00014,659,00015,386,00015,470,00015,081,00014,837,00014,479,00014,414,00014,439,00014,059,00013,963,00013,712,00013,756,00014,042,00014,212,00014,708,00015,175,00014,608,00014,569,00014,612,00014,689,00014,489,00014,560,00014,363,00014,440,00014,451,00014,712,00016,629,00016,504,00016,820,00016,611,00016,514,00016,714,00016,329,00016,634,00016,959,00017,590,00017,463,00017,253,00018,866,00019,631,00019,005,00018,453,00018,223,00018,347,00017,921,00017,647,00017,062,00017,407,00016,676,00016,337,00016,207,00016,579,00016,433,00016,844,00016,824,00016,664,00016,338,00016,736,00017,277,00017,521,00018,773,00019,515,00021,028,00021,595,00025,263,00026,970,00026,637,00027,578,00026,884,00025,936,00026,009,00027,241,00026,456,00025,599,00024,941,00024,943,00000022,050,00000022,922,00000021,268,00000019,680,0000
       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
8,437,000
8,593,000
9,165,000
0
9,441,000
10,121,000
10,324,000
10,337,000
12,854,000
13,103,000
13,201,000
13,843,000
14,285,000
18,624,000
19,624,000
18,861,000
18,226,000
18,070,000
18,737,000
19,272,000
20,190,000
20,889,000
20,544,000
22,703,000
25,136,000
25,408,000
25,609,000
24,913,000
26,213,000
27,468,000
27,735,000
28,270,000
29,247,000
29,025,000
28,846,000
30,882,000
31,184,000
31,214,000
31,568,000
31,045,000
30,556,000
29,871,000
30,535,000
30,275,000
32,021,000
34,322,000
36,422,000
36,401,000
36,199,000
36,307,000
36,517,000
36,782,000
36,788,000
36,732,000
36,482,000
36,526,000
36,265,000
36,281,000
35,284,000
57,951,000
58,222,000
57,517,000
57,833,000
58,355,000
59,617,000
59,984,000
61,645,000
61,378,000
55,643,000
56,106,000
55,039,000
54,218,000
55,949,000
56,193,000
56,385,000
59,596,000
60,178,000
60,178,00059,596,00056,385,00056,193,00055,949,00054,218,00055,039,00056,106,00055,643,00061,378,00061,645,00059,984,00059,617,00058,355,00057,833,00057,517,00058,222,00057,951,00035,284,00036,281,00036,265,00036,526,00036,482,00036,732,00036,788,00036,782,00036,517,00036,307,00036,199,00036,401,00036,422,00034,322,00032,021,00030,275,00030,535,00029,871,00030,556,00031,045,00031,568,00031,214,00031,184,00030,882,00028,846,00029,025,00029,247,00028,270,00027,735,00027,468,00026,213,00024,913,00025,609,00025,408,00025,136,00022,703,00020,544,00020,889,00020,190,00019,272,00018,737,00018,070,00018,226,00018,861,00019,624,00018,624,00014,285,00013,843,00013,201,00013,103,00012,854,00010,337,00010,324,00010,121,0009,441,00009,165,0008,593,0008,437,00000000000000000000000000000000000000000000000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,606,000
13,051,000
4,665,000
4,636,000
581,000
2,423,000
2,377,000
2,127,000
439,000
2,403,000
2,228,000
2,221,000
222,000
1,911,000
1,921,000
1,944,000
2,282,000
2,125,000
2,010,000
1,996,000
1,823,000
1,771,000
1,689,000
1,614,000
1,617,000
1,607,000
1,585,000
0
0
001,585,0001,607,0001,617,0001,614,0001,689,0001,771,0001,823,0001,996,0002,010,0002,125,0002,282,0001,944,0001,921,0001,911,000222,0002,221,0002,228,0002,403,000439,0002,127,0002,377,0002,423,000581,0004,636,0004,665,00013,051,00013,606,00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
646,000
0
0
0
2,963,000
0
0
0
2,419,000
0
0
0
1,435,000
0
0
0
819,000
0
0
0
599,000
0
0
0
663,000
0
0
0
0
0
0
0
1,278,000
1,786,000
1,729,000
1,717,000
4,677,000
6,394,000
7,042,000
7,325,000
7,495,000
7,371,000
8,055,000
8,172,000
1,789,000
1,739,000
1,801,000
11,061,000
1,663,000
1,715,000
1,657,000
1,599,000
2,203,000
2,157,000
2,090,000
2,162,000
2,107,000
3,122,000
3,277,000
3,050,000
2,876,000
2,721,000
2,580,000
2,436,000
2,513,000
2,618,000
2,526,000
3,047,000
3,488,000
3,324,000
3,206,000
3,033,000
3,392,000
3,641,000
3,658,000
3,563,000
3,787,000
3,602,000
3,418,000
4,002,000
3,871,000
3,698,000
3,585,000
3,373,000
3,103,000
2,991,000
2,939,000
2,776,000
3,486,000
4,373,000
5,148,000
4,881,000
4,689,000
4,438,000
4,180,000
3,981,000
3,741,000
3,522,000
3,344,000
3,135,000
3,088,000
2,956,000
2,730,000
15,612,000
15,236,000
14,667,000
14,270,000
13,961,000
13,796,000
13,535,000
13,539,000
13,025,000
12,511,000
12,312,000
11,571,000
10,967,000
11,184,000
10,905,000
10,496,000
11,278,000
11,036,000
11,036,00011,278,00010,496,00010,905,00011,184,00010,967,00011,571,00012,312,00012,511,00013,025,00013,539,00013,535,00013,796,00013,961,00014,270,00014,667,00015,236,00015,612,0002,730,0002,956,0003,088,0003,135,0003,344,0003,522,0003,741,0003,981,0004,180,0004,438,0004,689,0004,881,0005,148,0004,373,0003,486,0002,776,0002,939,0002,991,0003,103,0003,373,0003,585,0003,698,0003,871,0004,002,0003,418,0003,602,0003,787,0003,563,0003,658,0003,641,0003,392,0003,033,0003,206,0003,324,0003,488,0003,047,0002,526,0002,618,0002,513,0002,436,0002,580,0002,721,0002,876,0003,050,0003,277,0003,122,0002,107,0002,162,0002,090,0002,157,0002,203,0001,599,0001,657,0001,715,0001,663,00011,061,0001,801,0001,739,0001,789,0008,172,0008,055,0007,371,0007,495,0007,325,0007,042,0006,394,0004,677,0001,717,0001,729,0001,786,0001,278,0000000000663,000000599,000000819,0000001,435,0000002,419,0000002,963,000000646,000000000000000000000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,034,000
3,491,000
10,922,000
11,980,000
13,844,000
13,353,000
12,817,000
12,818,000
14,505,000
13,015,000
13,362,000
13,046,000
16,369,000
18,266,000
18,500,000
19,047,000
21,355,000
19,154,000
19,417,000
19,463,000
19,761,000
-61,000
1,000
-70,000
-1,000
15,752,000
15,972,000
-1,000
1,000
1,000-1,00015,972,00015,752,000-1,000-70,0001,000-61,00019,761,00019,463,00019,417,00019,154,00021,355,00019,047,00018,500,00018,266,00016,369,00013,046,00013,362,00013,015,00014,505,00012,818,00012,817,00013,353,00013,844,00011,980,00010,922,0003,491,0003,034,00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
0
20,644,000
0
0
0
23,440,000
0
0
0
25,425,000
0
0
0
33,528,000
0
0
0
39,225,000
38,612,000
39,406,000
41,283,000
44,736,000
44,730,000
43,607,000
49,133,000
55,467,000
52,588,000
52,500,000
55,584,000
59,081,000
58,494,000
66,329,000
64,114,000
61,375,000
59,298,000
57,033,000
56,605,000
57,678,000
56,794,000
56,755,000
55,838,000
57,869,000
55,946,000
55,946,000
56,628,000
59,504,000
56,576,000
58,710,000
58,537,000
61,683,000
59,079,000
58,535,000
61,084,000
66,667,000
63,445,000
64,189,000
65,307,000
66,984,000
63,246,000
63,775,000
64,329,000
67,725,000
63,324,000
61,349,000
63,117,000
64,699,000
60,005,000
62,816,000
61,864,000
73,702,000
71,147,000
70,365,000
69,864,000
76,593,000
73,640,000
70,752,000
70,974,000
79,436,000
74,979,000
73,263,000
70,774,000
72,650,000
69,737,000
69,828,000
69,907,000
74,728,000
73,810,000
85,792,000
88,063,000
91,961,000
93,095,000
92,664,000
88,391,000
96,059,000
88,251,000
88,182,000
85,182,000
86,267,000
83,059,000
82,244,000
84,815,000
90,280,000
90,184,000
90,264,000
87,780,000
96,197,000
94,564,000
93,269,000
94,112,000
100,229,000
98,044,000
97,270,000
97,837,000
103,294,000
105,906,000
106,801,000
104,516,000
105,518,000
99,748,000
98,892,000
95,198,000
96,071,000
103,784,000
102,167,000
98,447,000
99,078,000
99,047,000
101,951,000
101,879,000
107,631,000
106,995,000
102,974,000
102,072,000
106,452,000
114,319,000
136,876,000
131,525,000
131,201,000
133,275,000
133,512,000
132,794,000
135,245,000
127,116,000
124,747,000
121,857,000
113,005,000
114,163,000
108,027,000
105,703,000
105,222,000
111,965,000
109,942,000
106,165,000
112,628,000
112,628,000106,165,000109,942,000111,965,000105,222,000105,703,000108,027,000114,163,000113,005,000121,857,000124,747,000127,116,000135,245,000132,794,000133,512,000133,275,000131,201,000131,525,000136,876,000114,319,000106,452,000102,072,000102,974,000106,995,000107,631,000101,879,000101,951,00099,047,00099,078,00098,447,000102,167,000103,784,00096,071,00095,198,00098,892,00099,748,000105,518,000104,516,000106,801,000105,906,000103,294,00097,837,00097,270,00098,044,000100,229,00094,112,00093,269,00094,564,00096,197,00087,780,00090,264,00090,184,00090,280,00084,815,00082,244,00083,059,00086,267,00085,182,00088,182,00088,251,00096,059,00088,391,00092,664,00093,095,00091,961,00088,063,00085,792,00073,810,00074,728,00069,907,00069,828,00069,737,00072,650,00070,774,00073,263,00074,979,00079,436,00070,974,00070,752,00073,640,00076,593,00069,864,00070,365,00071,147,00073,702,00061,864,00062,816,00060,005,00064,699,00063,117,00061,349,00063,324,00067,725,00064,329,00063,775,00063,246,00066,984,00065,307,00064,189,00063,445,00066,667,00061,084,00058,535,00059,079,00061,683,00058,537,00058,710,00056,576,00059,504,00056,628,00055,946,00055,946,00057,869,00055,838,00056,755,00056,794,00057,678,00056,605,00057,033,00059,298,00061,375,00064,114,00066,329,00058,494,00059,081,00055,584,00052,500,00052,588,00055,467,00049,133,00043,607,00044,730,00044,736,00041,283,00039,406,00038,612,00039,225,00000033,528,00000025,425,00000023,440,00000020,644,0000
   > Total Current Liabilities 
0
11,433,000
0
0
0
12,743,000
0
0
0
13,377,000
0
0
0
17,387,000
0
0
0
21,700,000
21,130,000
21,289,000
22,455,000
25,276,000
23,023,000
22,285,000
26,914,000
33,624,000
31,083,000
29,601,000
31,215,000
36,737,000
36,366,000
37,794,000
34,799,000
33,150,000
31,376,000
28,625,000
28,280,000
29,226,000
27,890,000
28,529,000
29,016,000
31,648,000
30,332,000
30,629,000
31,071,000
34,000,000
31,241,000
32,559,000
30,590,000
33,507,000
29,992,000
30,050,000
31,512,000
36,827,000
33,281,000
35,961,000
37,778,000
39,578,000
35,611,000
33,862,000
32,812,000
36,406,000
32,902,000
29,949,000
32,876,000
35,119,000
30,084,000
32,597,000
30,239,000
34,550,000
31,786,000
31,511,000
32,596,000
37,900,000
35,385,000
34,357,000
35,167,000
39,798,000
33,822,000
32,197,000
29,964,000
35,152,000
33,268,000
34,118,000
34,929,000
40,091,000
36,763,000
48,084,000
45,011,000
44,310,000
47,048,000
44,683,000
44,752,000
42,435,000
37,425,000
36,430,000
32,960,000
36,002,000
34,576,000
34,993,000
35,443,000
40,562,000
40,387,000
39,843,000
36,028,000
42,123,000
38,209,000
38,903,000
39,499,000
43,625,000
42,122,000
41,037,000
39,222,000
40,154,000
41,058,000
42,433,000
42,306,000
39,600,000
35,640,000
35,535,000
33,732,000
34,269,000
34,664,000
33,585,000
34,447,000
36,275,000
36,481,000
35,966,000
31,697,000
37,363,000
35,733,000
35,442,000
36,822,000
38,227,000
38,871,000
42,351,000
35,066,000
37,701,000
40,673,000
38,442,000
37,993,000
39,869,000
36,542,000
36,616,000
35,832,000
33,619,000
34,056,000
31,844,000
30,466,000
31,505,000
30,993,000
32,513,000
30,606,000
34,122,000
34,122,00030,606,00032,513,00030,993,00031,505,00030,466,00031,844,00034,056,00033,619,00035,832,00036,616,00036,542,00039,869,00037,993,00038,442,00040,673,00037,701,00035,066,00042,351,00038,871,00038,227,00036,822,00035,442,00035,733,00037,363,00031,697,00035,966,00036,481,00036,275,00034,447,00033,585,00034,664,00034,269,00033,732,00035,535,00035,640,00039,600,00042,306,00042,433,00041,058,00040,154,00039,222,00041,037,00042,122,00043,625,00039,499,00038,903,00038,209,00042,123,00036,028,00039,843,00040,387,00040,562,00035,443,00034,993,00034,576,00036,002,00032,960,00036,430,00037,425,00042,435,00044,752,00044,683,00047,048,00044,310,00045,011,00048,084,00036,763,00040,091,00034,929,00034,118,00033,268,00035,152,00029,964,00032,197,00033,822,00039,798,00035,167,00034,357,00035,385,00037,900,00032,596,00031,511,00031,786,00034,550,00030,239,00032,597,00030,084,00035,119,00032,876,00029,949,00032,902,00036,406,00032,812,00033,862,00035,611,00039,578,00037,778,00035,961,00033,281,00036,827,00031,512,00030,050,00029,992,00033,507,00030,590,00032,559,00031,241,00034,000,00031,071,00030,629,00030,332,00031,648,00029,016,00028,529,00027,890,00029,226,00028,280,00028,625,00031,376,00033,150,00034,799,00037,794,00036,366,00036,737,00031,215,00029,601,00031,083,00033,624,00026,914,00022,285,00023,023,00025,276,00022,455,00021,289,00021,130,00021,700,00000017,387,00000013,377,00000012,743,00000011,433,0000
       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
840,000
1,190,000
1,482,000
2,632,000
1,418,000
636,000
511,000
442,000
443,000
481,000
196,000
450,000
504,000
358,000
560,000
447,000
394,000
387,000
316,000
393,000
501,000
1,776,000
1,444,000
788,000
321,000
274,000
153,000
159,000
74,000
89,000
297,000
63,000
134,000
114,000
6,000
6,031,000
5,767,000
4,873,000
5,935,000
6,646,000
7,568,000
7,505,000
8,427,000
8,099,000
6,329,000
6,134,000
4,050,000
7,216,000
7,160,000
7,907,000
8,555,000
8,902,000
9,661,000
20,543,000
16,546,000
12,235,000
15,235,000
12,710,000
16,181,000
11,237,000
9,870,000
8,504,000
4,885,000
4,168,000
5,014,000
5,633,000
5,556,000
6,778,000
8,508,000
7,858,000
6,071,000
8,463,000
6,293,000
7,669,000
9,334,000
9,182,000
8,725,000
7,830,000
7,702,000
6,863,000
9,312,000
12,463,000
12,876,000
5,731,000
4,532,000
5,329,000
7,539,000
6,461,000
5,302,000
4,887,000
6,920,000
7,513,000
8,340,000
8,061,000
4,299,000
6,986,000
5,976,000
7,646,000
10,932,000
10,207,000
11,562,000
15,912,000
9,907,000
10,177,000
12,970,000
10,632,000
11,622,000
8,540,000
6,535,000
7,776,000
8,860,000
7,761,000
8,644,000
6,865,000
6,781,000
5,634,000
5,756,000
7,627,000
7,221,000
7,246,000
7,246,0007,221,0007,627,0005,756,0005,634,0006,781,0006,865,0008,644,0007,761,0008,860,0007,776,0006,535,0008,540,00011,622,00010,632,00012,970,00010,177,0009,907,00015,912,00011,562,00010,207,00010,932,0007,646,0005,976,0006,986,0004,299,0008,061,0008,340,0007,513,0006,920,0004,887,0005,302,0006,461,0007,539,0005,329,0004,532,0005,731,00012,876,00012,463,0009,312,0006,863,0007,702,0007,830,0008,725,0009,182,0009,334,0007,669,0006,293,0008,463,0006,071,0007,858,0008,508,0006,778,0005,556,0005,633,0005,014,0004,168,0004,885,0008,504,0009,870,00011,237,00016,181,00012,710,00015,235,00012,235,00016,546,00020,543,0009,661,0008,902,0008,555,0007,907,0007,160,0007,216,0004,050,0006,134,0006,329,0008,099,0008,427,0007,505,0007,568,0006,646,0005,935,0004,873,0005,767,0006,031,0006,000114,000134,00063,000297,00089,00074,000159,000153,000274,000321,000788,0001,444,0001,776,000501,000393,000316,000387,000394,000447,000560,000358,000504,000450,000196,000481,000443,000442,000511,000636,0001,418,0002,632,0001,482,0001,190,000840,0000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,513,000
8,340,000
45,676,000
45,642,000
5,215,000
3,764,000
5,448,000
6,784,000
7,055,000
10,249,000
14,593,000
8,530,000
8,797,000
11,643,000
9,289,000
10,286,000
7,183,000
5,198,000
6,442,000
7,575,000
6,787,000
7,690,000
5,981,000
5,937,000
4,760,000
4,887,000
6,785,000
6,414,000
6,426,000
6,426,0006,414,0006,785,0004,887,0004,760,0005,937,0005,981,0007,690,0006,787,0007,575,0006,442,0005,198,0007,183,00010,286,0009,289,00011,643,0008,797,0008,530,00014,593,00010,249,0007,055,0006,784,0005,448,0003,764,0005,215,00045,642,00045,676,0008,340,0007,513,00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,167,000
11,837,000
11,822,000
12,021,000
3,367,000
12,826,000
12,369,000
12,392,000
3,507,000
15,804,000
14,757,000
14,325,000
3,147,000
18,061,000
19,397,000
17,698,000
3,400,000
18,437,000
17,058,000
16,558,000
3,778,000
15,847,000
15,166,000
15,133,000
4,511,000
15,855,000
14,875,000
15,494,000
4,767,000
15,777,000
16,037,000
15,831,000
5,215,000
15,356,000
15,023,000
16,485,000
6,252,000
16,791,000
17,851,000
19,904,000
6,400,000
17,885,000
17,857,000
18,315,000
8,192,000
17,824,000
17,497,000
18,380,000
7,047,000
17,606,000
19,403,000
18,435,000
7,630,000
21,346,000
22,008,000
22,178,000
8,460,000
22,745,000
22,537,000
22,445,000
9,444,000
23,655,000
22,233,000
22,016,000
7,349,000
22,213,000
22,395,000
22,249,000
7,964,000
6,859,000
6,653,000
6,732,000
8,054,000
7,329,000
7,531,000
6,770,000
7,014,000
5,878,000
5,869,000
6,145,000
7,436,000
6,345,000
7,233,000
7,084,000
7,804,000
6,747,000
7,112,000
7,093,000
8,517,000
7,416,000
7,482,000
7,085,000
7,952,000
7,203,000
6,821,000
6,263,000
7,461,000
6,865,000
6,271,000
5,855,000
6,864,000
6,314,000
5,943,000
5,166,000
6,028,000
5,302,000
5,484,000
5,271,000
6,209,000
5,324,000
5,126,000
5,442,000
6,451,000
5,736,000
5,518,000
5,384,000
6,558,000
5,711,000
4,724,000
4,042,000
4,896,000
4,172,000
4,719,000
3,985,000
4,908,000
4,140,000
4,214,000
4,248,000
3,955,000
3,453,000
3,707,000
3,806,000
4,051,000
3,728,000
3,732,000
3,342,000
4,132,000
4,132,0003,342,0003,732,0003,728,0004,051,0003,806,0003,707,0003,453,0003,955,0004,248,0004,214,0004,140,0004,908,0003,985,0004,719,0004,172,0004,896,0004,042,0004,724,0005,711,0006,558,0005,384,0005,518,0005,736,0006,451,0005,442,0005,126,0005,324,0006,209,0005,271,0005,484,0005,302,0006,028,0005,166,0005,943,0006,314,0006,864,0005,855,0006,271,0006,865,0007,461,0006,263,0006,821,0007,203,0007,952,0007,085,0007,482,0007,416,0008,517,0007,093,0007,112,0006,747,0007,804,0007,084,0007,233,0006,345,0007,436,0006,145,0005,869,0005,878,0007,014,0006,770,0007,531,0007,329,0008,054,0006,732,0006,653,0006,859,0007,964,00022,249,00022,395,00022,213,0007,349,00022,016,00022,233,00023,655,0009,444,00022,445,00022,537,00022,745,0008,460,00022,178,00022,008,00021,346,0007,630,00018,435,00019,403,00017,606,0007,047,00018,380,00017,497,00017,824,0008,192,00018,315,00017,857,00017,885,0006,400,00019,904,00017,851,00016,791,0006,252,00016,485,00015,023,00015,356,0005,215,00015,831,00016,037,00015,777,0004,767,00015,494,00014,875,00015,855,0004,511,00015,133,00015,166,00015,847,0003,778,00016,558,00017,058,00018,437,0003,400,00017,698,00019,397,00018,061,0003,147,00014,325,00014,757,00015,804,0003,507,00012,392,00012,369,00012,826,0003,367,00012,021,00011,822,00011,837,0003,167,00000000000000000000
       Other Current Liabilities 
0
11,433,000
0
0
0
12,743,000
0
0
0
13,377,000
0
0
0
17,387,000
0
0
0
18,533,000
9,293,000
9,467,000
10,434,000
21,909,000
10,197,000
9,916,000
14,522,000
30,117,000
15,279,000
14,844,000
16,890,000
33,590,000
18,305,000
18,397,000
17,101,000
29,750,000
12,099,000
10,377,000
10,240,000
19,341,000
10,625,000
12,727,000
13,372,000
23,226,000
14,034,000
15,273,000
15,381,000
25,143,000
14,960,000
16,164,000
14,199,000
24,400,000
14,242,000
14,640,000
14,711,000
26,067,000
15,989,000
16,334,000
16,430,000
27,861,000
17,405,000
15,731,000
14,344,000
23,539,000
15,004,000
12,363,000
14,199,000
23,786,000
12,344,000
13,080,000
11,798,000
15,613,000
4,673,000
4,630,000
4,483,000
16,302,000
5,072,000
4,315,000
4,295,000
15,080,000
3,838,000
3,830,000
3,898,000
13,268,000
3,895,000
3,816,000
4,125,000
14,638,000
10,863,000
11,529,000
12,907,000
14,219,000
13,405,000
13,627,000
12,246,000
13,945,000
11,270,000
11,722,000
12,227,000
13,553,000
11,761,000
11,456,000
12,304,000
14,400,000
12,312,000
12,213,000
11,612,000
12,947,000
11,231,000
11,441,000
11,850,000
14,539,000
13,223,000
14,145,000
13,599,000
13,273,000
11,200,000
11,108,000
12,229,000
15,128,000
12,632,000
12,931,000
10,569,000
10,759,000
11,451,000
11,706,000
11,441,000
11,518,000
10,466,000
11,238,000
11,307,000
12,374,000
10,962,000
10,526,000
9,802,000
10,297,000
9,464,000
10,454,000
9,894,000
10,602,000
10,154,000
10,622,000
10,705,000
13,588,000
11,670,000
11,354,000
8,301,000
7,096,000
8,433,000
8,750,000
8,740,000
9,788,000
8,289,000
8,442,000
8,126,000
9,293,000
9,293,0008,126,0008,442,0008,289,0009,788,0008,740,0008,750,0008,433,0007,096,0008,301,00011,354,00011,670,00013,588,00010,705,00010,622,00010,154,00010,602,0009,894,00010,454,0009,464,00010,297,0009,802,00010,526,00010,962,00012,374,00011,307,00011,238,00010,466,00011,518,00011,441,00011,706,00011,451,00010,759,00010,569,00012,931,00012,632,00015,128,00012,229,00011,108,00011,200,00013,273,00013,599,00014,145,00013,223,00014,539,00011,850,00011,441,00011,231,00012,947,00011,612,00012,213,00012,312,00014,400,00012,304,00011,456,00011,761,00013,553,00012,227,00011,722,00011,270,00013,945,00012,246,00013,627,00013,405,00014,219,00012,907,00011,529,00010,863,00014,638,0004,125,0003,816,0003,895,00013,268,0003,898,0003,830,0003,838,00015,080,0004,295,0004,315,0005,072,00016,302,0004,483,0004,630,0004,673,00015,613,00011,798,00013,080,00012,344,00023,786,00014,199,00012,363,00015,004,00023,539,00014,344,00015,731,00017,405,00027,861,00016,430,00016,334,00015,989,00026,067,00014,711,00014,640,00014,242,00024,400,00014,199,00016,164,00014,960,00025,143,00015,381,00015,273,00014,034,00023,226,00013,372,00012,727,00010,625,00019,341,00010,240,00010,377,00012,099,00029,750,00017,101,00018,397,00018,305,00033,590,00016,890,00014,844,00015,279,00030,117,00014,522,0009,916,00010,197,00021,909,00010,434,0009,467,0009,293,00018,533,00000017,387,00000013,377,00000012,743,00000011,433,0000
   > Long-term Liabilities 
0
9,211,000
0
0
0
10,697,000
0
0
0
12,048,000
0
0
0
16,141,000
0
0
0
17,525,000
17,482,000
18,117,000
18,828,000
19,460,000
21,707,000
21,322,000
22,219,000
21,843,000
21,505,000
22,899,000
24,369,000
22,344,000
22,128,000
28,535,000
29,315,000
28,225,000
27,922,000
28,408,000
28,325,000
28,452,000
28,904,000
28,226,000
26,822,000
26,221,000
25,614,000
25,317,000
25,557,000
25,504,000
25,335,000
26,151,000
27,947,000
28,176,000
29,087,000
28,485,000
29,572,000
29,840,000
30,164,000
28,228,000
27,529,000
27,406,000
27,635,000
29,913,000
31,517,000
31,319,000
30,422,000
31,400,000
30,241,000
29,580,000
29,921,000
30,219,000
31,625,000
39,152,000
39,361,000
38,854,000
37,268,000
38,693,000
38,255,000
36,395,000
35,807,000
39,638,000
41,157,000
41,066,000
40,810,000
37,498,000
36,469,000
35,710,000
34,978,000
34,637,000
37,047,000
37,708,000
43,052,000
47,651,000
46,047,000
47,981,000
43,639,000
53,624,000
50,826,000
51,752,000
52,222,000
50,265,000
48,483,000
47,251,000
49,372,000
49,718,000
49,797,000
50,421,000
51,752,000
54,074,000
56,355,000
54,366,000
54,613,000
56,604,000
55,922,000
56,233,000
58,615,000
63,140,000
64,848,000
64,368,000
62,210,000
65,918,000
64,108,000
63,357,000
61,466,000
61,802,000
69,120,000
68,582,000
64,000,000
62,803,000
62,566,000
65,985,000
70,182,000
70,268,000
71,262,000
67,532,000
65,250,000
68,225,000
75,448,000
94,525,000
96,459,000
93,500,000
92,602,000
95,070,000
94,801,000
95,376,000
90,574,000
88,131,000
86,025,000
79,386,000
80,107,000
76,183,000
75,237,000
73,717,000
80,972,000
77,429,000
75,559,000
78,506,000
78,506,00075,559,00077,429,00080,972,00073,717,00075,237,00076,183,00080,107,00079,386,00086,025,00088,131,00090,574,00095,376,00094,801,00095,070,00092,602,00093,500,00096,459,00094,525,00075,448,00068,225,00065,250,00067,532,00071,262,00070,268,00070,182,00065,985,00062,566,00062,803,00064,000,00068,582,00069,120,00061,802,00061,466,00063,357,00064,108,00065,918,00062,210,00064,368,00064,848,00063,140,00058,615,00056,233,00055,922,00056,604,00054,613,00054,366,00056,355,00054,074,00051,752,00050,421,00049,797,00049,718,00049,372,00047,251,00048,483,00050,265,00052,222,00051,752,00050,826,00053,624,00043,639,00047,981,00046,047,00047,651,00043,052,00037,708,00037,047,00034,637,00034,978,00035,710,00036,469,00037,498,00040,810,00041,066,00041,157,00039,638,00035,807,00036,395,00038,255,00038,693,00037,268,00038,854,00039,361,00039,152,00031,625,00030,219,00029,921,00029,580,00030,241,00031,400,00030,422,00031,319,00031,517,00029,913,00027,635,00027,406,00027,529,00028,228,00030,164,00029,840,00029,572,00028,485,00029,087,00028,176,00027,947,00026,151,00025,335,00025,504,00025,557,00025,317,00025,614,00026,221,00026,822,00028,226,00028,904,00028,452,00028,325,00028,408,00027,922,00028,225,00029,315,00028,535,00022,128,00022,344,00024,369,00022,899,00021,505,00021,843,00022,219,00021,322,00021,707,00019,460,00018,828,00018,117,00017,482,00017,525,00000016,141,00000012,048,00000010,697,0000009,211,0000
       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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
54,355,000
51,206,000
48,735,000
46,926,000
44,917,000
0
0
0
0
0
0
0
0
0000000044,917,00046,926,00048,735,00051,206,00054,355,000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
24,547,000
24,568,000
28,370,000
28,840,000
30,397,000
30,779,000
29,598,000
29,116,000
32,544,000
32,107,000
32,133,000
34,870,000
35,519,000
36,118,000
35,937,000
36,037,000
37,447,000
35,989,000
36,118,000
35,908,000
32,007,000
31,204,000
29,673,000
28,192,000
25,338,000
25,052,000
24,752,000
0
0
0024,752,00025,052,00025,338,00028,192,00029,673,00031,204,00032,007,00035,908,00036,118,00035,989,00037,447,00036,037,00035,937,00036,118,00035,519,00034,870,00032,133,00032,107,00032,544,00029,116,00029,598,00030,779,00030,397,00028,840,00028,370,00024,568,00024,547,00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,600,000
3,557,000
3,617,000
3,579,000
1,536,000
2,593,000
2,613,000
2,581,000
2,676,000
2,663,000
2,662,000
2,535,000
2,472,000
2,459,000
2,445,000
2,438,000
2,449,000
2,336,000
2,362,000
2,248,000
924,000
916,000
865,000
818,000
866,000
846,000
897,000
0
0
00897,000846,000866,000818,000865,000916,000924,0002,248,0002,362,0002,336,0002,449,0002,438,0002,445,0002,459,0002,472,0002,535,0002,662,0002,663,0002,676,0002,581,0002,613,0002,593,0001,536,0003,579,0003,617,0003,557,0003,600,00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
31,990,000
0
0
0
34,374,000
0
0
0
38,263,000
0
0
0
39,509,000
0
0
0
38,509,000
38,615,000
39,554,000
40,525,000
42,832,000
39,195,000
37,965,000
38,191,000
37,006,000
35,574,000
36,552,000
35,433,000
27,624,000
27,219,000
19,812,000
20,103,000
19,738,000
20,574,000
21,568,000
22,463,000
23,413,000
24,086,000
24,846,000
21,664,000
22,423,000
21,820,000
21,528,000
21,368,000
21,628,000
19,951,000
20,109,000
19,756,000
19,816,000
18,865,000
18,577,000
18,635,000
19,433,000
18,306,000
19,158,000
20,068,000
20,511,000
19,518,000
19,174,000
19,547,000
20,624,000
21,466,000
22,591,000
21,977,000
23,614,000
23,051,000
21,395,000
22,092,000
22,782,000
24,573,000
26,573,000
27,326,000
27,864,000
28,185,000
28,830,000
29,702,000
29,747,000
29,920,000
30,125,000
30,235,000
33,098,000
32,731,000
33,549,000
34,248,000
28,506,000
27,809,000
16,756,000
20,546,000
28,470,000
28,728,000
28,264,000
27,519,000
13,465,000
13,601,000
15,379,000
18,395,000
22,637,000
22,033,000
21,059,000
22,238,000
23,046,000
22,672,000
23,126,000
22,291,000
20,138,000
20,701,000
20,471,000
21,541,000
18,860,000
19,092,000
17,756,000
19,877,000
22,792,000
16,607,000
17,377,000
14,255,000
11,868,000
12,141,000
13,684,000
13,294,000
14,262,000
14,925,000
15,733,000
17,010,000
18,246,000
18,327,000
18,419,000
19,627,000
17,594,000
18,166,000
18,520,000
19,784,000
16,796,000
16,481,000
17,645,000
17,956,000
20,841,000
19,999,000
20,551,000
21,208,000
20,597,000
21,389,000
21,942,000
22,228,000
18,901,000
19,050,000
19,409,000
20,076,000
21,944,000
21,604,000
22,201,000
23,081,000
22,533,000
22,533,00023,081,00022,201,00021,604,00021,944,00020,076,00019,409,00019,050,00018,901,00022,228,00021,942,00021,389,00020,597,00021,208,00020,551,00019,999,00020,841,00017,956,00017,645,00016,481,00016,796,00019,784,00018,520,00018,166,00017,594,00019,627,00018,419,00018,327,00018,246,00017,010,00015,733,00014,925,00014,262,00013,294,00013,684,00012,141,00011,868,00014,255,00017,377,00016,607,00022,792,00019,877,00017,756,00019,092,00018,860,00021,541,00020,471,00020,701,00020,138,00022,291,00023,126,00022,672,00023,046,00022,238,00021,059,00022,033,00022,637,00018,395,00015,379,00013,601,00013,465,00027,519,00028,264,00028,728,00028,470,00020,546,00016,756,00027,809,00028,506,00034,248,00033,549,00032,731,00033,098,00030,235,00030,125,00029,920,00029,747,00029,702,00028,830,00028,185,00027,864,00027,326,00026,573,00024,573,00022,782,00022,092,00021,395,00023,051,00023,614,00021,977,00022,591,00021,466,00020,624,00019,547,00019,174,00019,518,00020,511,00020,068,00019,158,00018,306,00019,433,00018,635,00018,577,00018,865,00019,816,00019,756,00020,109,00019,951,00021,628,00021,368,00021,528,00021,820,00022,423,00021,664,00024,846,00024,086,00023,413,00022,463,00021,568,00020,574,00019,738,00020,103,00019,812,00027,219,00027,624,00035,433,00036,552,00035,574,00037,006,00038,191,00037,965,00039,195,00042,832,00040,525,00039,554,00038,615,00038,509,00000039,509,00000038,263,00000034,374,00000031,990,0000
   Common 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
7,063,000
7,148,000
7,273,000
7,342,000
7,276,000
7,195,000
7,024,000
7,488,000
7,816,000
7,921,000
7,998,000
7,752,000
7,906,000
8,290,000
8,758,000
8,601,000
8,788,000
9,107,000
9,804,000
10,121,000
10,332,000
11,638,000
11,850,000
11,762,000
12,449,000
12,570,000
12,895,000
12,400,000
12,938,000
13,701,000
13,852,000
14,248,000
14,444,000
14,520,000
14,572,000
14,858,000
15,257,000
15,413,000
15,674,000
16,269,000
16,951,000
17,406,000
17,691,000
18,355,000
27,296,000
27,725,000
28,191,000
28,926,000
29,431,000
29,823,000
30,257,000
31,271,000
32,264,000
33,374,000
34,705,000
35,188,000
36,252,000
37,882,000
38,874,000
39,129,000
39,430,000
39,774,000
40,482,000
41,810,000
42,665,000
43,522,000
44,328,000
45,418,000
46,278,000
46,975,000
47,558,000
48,129,000
48,800,000
49,157,000
49,603,000
50,110,000
50,522,000
50,886,000
51,203,000
51,594,000
51,943,000
52,163,000
52,446,000
52,666,000
52,928,000
53,059,000
53,220,000
53,262,000
53,439,000
53,565,000
53,759,000
53,935,000
54,104,000
54,235,000
54,395,000
54,566,000
54,712,000
54,827,000
54,987,000
55,151,000
55,287,000
55,404,000
55,808,000
55,895,000
56,092,000
56,135,000
56,366,000
56,556,000
56,788,000
56,912,000
57,189,000
57,319,000
57,603,000
57,802,000
58,117,000
58,343,000
58,675,000
58,963,000
59,313,000
59,643,000
59,643,00059,313,00058,963,00058,675,00058,343,00058,117,00057,802,00057,603,00057,319,00057,189,00056,912,00056,788,00056,556,00056,366,00056,135,00056,092,00055,895,00055,808,00055,404,00055,287,00055,151,00054,987,00054,827,00054,712,00054,566,00054,395,00054,235,00054,104,00053,935,00053,759,00053,565,00053,439,00053,262,00053,220,00053,059,00052,928,00052,666,00052,446,00052,163,00051,943,00051,594,00051,203,00050,886,00050,522,00050,110,00049,603,00049,157,00048,800,00048,129,00047,558,00046,975,00046,278,00045,418,00044,328,00043,522,00042,665,00041,810,00040,482,00039,774,00039,430,00039,129,00038,874,00037,882,00036,252,00035,188,00034,705,00033,374,00032,264,00031,271,00030,257,00029,823,00029,431,00028,926,00028,191,00027,725,00027,296,00018,355,00017,691,00017,406,00016,951,00016,269,00015,674,00015,413,00015,257,00014,858,00014,572,00014,520,00014,444,00014,248,00013,852,00013,701,00012,938,00012,400,00012,895,00012,570,00012,449,00011,762,00011,850,00011,638,00010,332,00010,121,0009,804,0009,107,0008,788,0008,601,0008,758,0008,290,0007,906,0007,752,0007,998,0007,921,0007,816,0007,488,0007,024,0007,195,0007,276,0007,342,0007,273,0007,148,0007,063,0000000000000000000000000000000000000
   Retained Earnings Total Equity0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income -18,761,000-16,098,000-16,499,000-16,780,000-16,740,000-17,138,000-22,169,000-22,532,000-23,234,000-27,302,000-27,652,000-28,257,000-29,337,000-28,584,000-28,757,000-29,283,000-28,597,000-29,086,000-28,841,000-29,182,000-29,490,000-27,820,000-28,290,000-28,583,000-26,592,000-27,521,000-28,189,000-28,710,000-29,398,000-28,164,000-28,604,000-28,998,000-29,607,000-28,155,000-27,432,000-27,842,000-27,875,000-20,978,000-20,369,000-21,156,000-21,602,000-24,971,000-25,774,000-25,466,000-25,759,000-20,720,000-21,498,000-21,115,000-21,885,000-18,099,000-17,109,000-18,119,000-18,743,000-17,479,000-18,510,000-18,178,000-18,830,000-20,487,000-21,043,000-21,649,000-21,845,000-4,384,000-3,006,000-3,282,000-3,414,000-7,513,000-7,997,000-8,607,000-8,901,000-315,000-354,000-1,758,000-2,016,000-2,211,000-2,324,000-2,163,000-2,061,000-1,564,000-1,896,000-1,793,000-1,896,000-2,477,000-2,599,000-3,079,000-3,418,000-21,605,000-21,667,000-22,746,000-21,871,000-22,255,000-21,727,000-21,851,000-21,741,000-21,757,000-21,872,000-22,158,000-22,026,000-23,349,000-22,762,000-25,032,000-25,239,000-24,776,000-23,983,000-23,874,000-23,786,000-24,109,000-24,384,000-23,948,000-24,486,000-25,437,000-26,473,000-27,028,000-27,402,000-28,043,000-28,761,000-28,780,000-28,156,000-31,095,000-31,024,000-31,040,000-29,983,000-32,743,000-32,505,000-31,934,000-31,191,000-31,483,000-28,818,000-27,667,000-28,100,000-26,973,000-25,618,000-25,443,000-26,418,000-26,031,000-24,824,000-24,240,000-23,467,000000-21,456,000000-20,082,000000-16,853,000000-14,803,0000
   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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
55,447,410
55,644,220
55,686,754
55,917,754
56,107,406
56,339,197
56,462,603
56,739,507
56,869,284
0
0
0
0
0
0
0
0
0000000056,869,28456,739,50756,462,60356,339,19756,107,40655,917,75455,686,75455,644,22055,447,41000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000-169,392,000-169,406,000-169,404,000-169,360,000-169,339,000-169,380,000-169,386,000-169,437,000-169,413,00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
19,559,000
0
0
0
23,393,000
0
0
0
29,329,000
0
0
0
29,779,000
0
0
0
31,499,000
32,118,000
33,085,000
35,045,000
36,016,000
33,853,000
33,458,000
35,629,000
37,767,000
36,378,000
38,508,000
41,582,000
39,691,000
40,637,000
42,182,000
42,940,000
39,712,000
34,317,000
34,689,000
34,988,000
31,875,000
32,614,000
32,934,000
30,340,000
30,707,000
28,803,000
26,749,000
24,400,000
27,173,000
23,799,000
22,792,000
20,535,000
23,991,000
22,136,000
20,416,000
19,301,000
24,410,000
21,623,000
16,740,000
16,493,000
13,897,000
11,142,000
8,726,000
6,980,000
6,181,000
5,219,000
3,793,000
2,264,000
1,095,000
316,000
0
0
-20,213,000
-19,919,000
-19,940,000
-21,068,000
-24,034,000
-25,706,000
-26,989,000
-28,254,000
-31,072,000
-34,432,000
-35,993,000
-37,642,000
-38,546,000
-41,038,000
-43,567,000
-45,096,000
-46,296,000
-49,726,000
-64,124,000
-63,944,000
-63,944,000
-66,620,000
-71,068,000
-73,571,000
-74,172,000
-76,148,000
-77,680,000
-78,412,000
-81,243,000
-85,237,000
-89,276,000
-92,706,000
-96,161,000
-100,077,000
-104,074,000
-107,434,000
-110,963,000
-114,020,000
-117,116,000
-120,115,000
-123,132,000
-125,677,000
-129,239,000
-131,240,000
-137,242,000
-145,611,000
-148,900,000
-150,616,000
-150,716,000
-151,975,000
-153,161,000
-154,669,000
-155,517,000
-156,404,000
-157,299,000
-158,170,000
-159,050,000
-160,359,000
-161,861,000
-162,812,000
-163,506,000
-164,334,000
-165,366,000
-165,995,000
-168,071,000
-169,020,000
-169,385,000
-169,475,000
-169,411,000
-169,436,000
-169,386,000
-169,380,000
-169,339,000
-169,360,000
-169,404,000
-169,406,000
-169,393,000
-169,422,000
-169,522,000
-169,514,000
-169,484,000
-169,544,000
-169,581,000
-169,640,000
-188,386,000
-188,386,000-169,640,000-169,581,000-169,544,000-169,484,000-169,514,000-169,522,000-169,422,000-169,393,000-169,406,000-169,404,000-169,360,000-169,339,000-169,380,000-169,386,000-169,436,000-169,411,000-169,475,000-169,385,000-169,020,000-168,071,000-165,995,000-165,366,000-164,334,000-163,506,000-162,812,000-161,861,000-160,359,000-159,050,000-158,170,000-157,299,000-156,404,000-155,517,000-154,669,000-153,161,000-151,975,000-150,716,000-150,616,000-148,900,000-145,611,000-137,242,000-131,240,000-129,239,000-125,677,000-123,132,000-120,115,000-117,116,000-114,020,000-110,963,000-107,434,000-104,074,000-100,077,000-96,161,000-92,706,000-89,276,000-85,237,000-81,243,000-78,412,000-77,680,000-76,148,000-74,172,000-73,571,000-71,068,000-66,620,000-63,944,000-63,944,000-64,124,000-49,726,000-46,296,000-45,096,000-43,567,000-41,038,000-38,546,000-37,642,000-35,993,000-34,432,000-31,072,000-28,254,000-26,989,000-25,706,000-24,034,000-21,068,000-19,940,000-19,919,000-20,213,00000316,0001,095,0002,264,0003,793,0005,219,0006,181,0006,980,0008,726,00011,142,00013,897,00016,493,00016,740,00021,623,00024,410,00019,301,00020,416,00022,136,00023,991,00020,535,00022,792,00023,799,00027,173,00024,400,00026,749,00028,803,00030,707,00030,340,00032,934,00032,614,00031,875,00034,988,00034,689,00034,317,00039,712,00042,940,00042,182,00040,637,00039,691,00041,582,00038,508,00036,378,00037,767,00035,629,00033,458,00033,853,00036,016,00035,045,00033,085,00032,118,00031,499,00000029,779,00000029,329,00000023,393,00000019,559,0000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue61,860,000
Cost of Revenue-27,560,000
Gross Profit34,300,00034,300,000
 
Operating Income (+$)
Gross Profit34,300,000
Operating Expense-24,926,000
Operating Income9,382,0009,374,000
 
Operating Expense (+$)
Research Development6,775,000
Selling General Administrative16,760,000
Selling And Marketing Expenses1,237,000
Operating Expense24,926,00024,772,000
 
Net Interest Income (+$)
Interest Income591,000
Interest Expense-1,607,000
Other Finance Cost-92,000
Net Interest Income-924,000
 
Pretax Income (+$)
Operating Income9,382,000
Net Interest Income-924,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)8,690,0009,129,000
EBIT - interestExpense = 8,742,000
8,678,000
9,109,000
Interest Expense1,607,000
Earnings Before Interest and Taxes (EBIT)10,349,00010,297,000
Earnings Before Interest and Taxes (EBITDA)14,745,000
 
After tax Income (+$)
Income Before Tax8,690,000
Tax Provision-1,146,000
Net Income From Continuing Ops7,099,0007,544,000
Net Income7,502,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses52,486,000
Total Other Income/Expenses Net253,000924,000
 

Technical Analysis of International Business Machines
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 International Business Machines. The general trend of International Business Machines is BULLISH with 85.7% 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 International Business Machines'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 transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=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 International Business Machines.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 182.70.

The bearish price targets are: 173.80 > 166.50 > 146.26.

Tweet this
International Business Machines 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 International Business Machines. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below 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 higher 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 higher 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 AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

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

International Business Machines 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 International Business Machines. The current macd is 1.17168431.

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 International Business Machines price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for International Business Machines. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the International Business Machines price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
International Business Machines Daily Moving Average Convergence/Divergence (MACD) ChartInternational Business Machines 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 International Business Machines. The current adx is 19.88.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell International Business Machines shares, leading to potential downward 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.
International Business Machines 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 International Business Machines. The current sar is 181.06.

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
International Business Machines 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 International Business Machines. The current rsi is 53.86. 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
International Business Machines Daily Relative Strength Index (RSI) ChartInternational Business Machines 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 International Business Machines. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • 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 International Business Machines price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
International Business Machines Daily Stochastic Oscillator ChartInternational Business Machines 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 International Business Machines. The current cci is -21.63686079.

International Business Machines Daily Commodity Channel Index (CCI) ChartInternational Business Machines 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 International Business Machines. The current cmo is 3.61940599.

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
International Business Machines Daily Chande Momentum Oscillator (CMO) ChartInternational Business Machines 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 International Business Machines. The current willr is -68.88888889.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that International Business Machines is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
International Business Machines Daily Williams %R ChartInternational Business Machines 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 International Business Machines.

International Business Machines 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 International Business Machines. The current atr is 2.79304559.

International Business Machines Daily Average True Range (ATR) ChartInternational Business Machines 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 International Business Machines. The current obv is 453,657.

International Business Machines Daily On-Balance Volume (OBV) ChartInternational Business Machines 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 International Business Machines. The current mfi is 34.27.

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
International Business Machines Daily Money Flow Index (MFI) ChartInternational Business Machines Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for International Business Machines.

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.

DateIndicatorSignal
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-30ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-10MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-06ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

International Business Machines Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of International Business Machines based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.864
Ma 20Greater thanMa 50177.308
Ma 50Greater thanMa 100172.856
Ma 100Greater thanMa 200159.332
OpenGreater thanClose176.200
Total4/5 (80.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of International Business Machines with someone you think should read this too:
  • Are you bullish or bearish on International Business Machines? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about International Business Machines? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about International Business Machines

I send you an email if I find something interesting about International Business Machines.


Comments

How you think about this?

Leave a comment

Stay informed about International Business Machines.

Receive notifications about International Business Machines in your mailbox!