Finance Assignment – GameStop Corp.

GameStop Corp.10-Q12/10/2014Symbol: GMEUNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETSCreated by Morningstar Document Research.http://documentresearch.morningstar.com/November 1,2014(In millions, except per share data)ASSETSCurrent assets:Cash and cash equivalentsReceivables, netMerchandise inventories, netDeferred income taxesIncome taxes receivablePrepaid expenses and other current assetsTotal current assetsProperty and equipment:LandBuildings and leasehold improvementsFixtures and equipmentTotal property and equipmentLess accumulated depreciation and amortizationNet property and equipmentGoodwillOther intangible assets, netOther noncurrent assetsTotal noncurrent assetsTotal assetsLIABILITIES AND STOCKHOLDERS EQUITYCurrent liabilities:Accounts payableAccrued liabilitiesIncome taxes payableCurrent portion of debtTotal current liabilitiesDeferred income taxesLong-term debtOther long-term liabilitiesTotal long-term liabilitiesTotal liabilitiesCommitments and contingencies (Note 7)Stockholders equity:Prefer red stock authorized 5.0 shares;no sha res issued or outstandingClass A common stock $.001 par value; authorized300.0 shares; 109.3, 116.2 and 115.3 sharesissued and outstanding, respectivelyAdditional paid-in-capitalAccumulated other comprehensive incomeRetained earningsTotal stockholders equityTotal liabilities and stockholders equityNovember 2,2013February 1,2014$374.00116.901,714.4059.1058.00121.302,443.70$471.9088.601,717.0055.0030.4094.602,457.50$536.2084.40###51.7020.10625.10890.801,536.001,071.00465.001,408.50234.8089.602,197.90$4,641.6021.30604.00952.901,578.201,105.30472.901,371.40142.90120.302,107.50$4,565.0020.40609.60841.80###995.60476.20###194.3056.60######$1,316.10814.6016.903.802,151.4057.20350.2074.20481.602,633.00$1,356.60959.00$783.90861.7078.002.40###37.401.6075.00114.00###0.100.1061.801,946.702,008.60$4,641.60220.80118.601,807.802,147.30$4,565.002,315.6026.2075.90102.102,417.7078.40###0.10172.9082.50#########Using the attached ratio calculations and analysis of GameStop, answer the following questions:Comparison of ratios with industry averages (find industry averages online)i) Find industry financial ratios online (e.g. yahoo.com) and compare the attached ratio to these industry ratios.ii) Present your results following the five types of ratios discussed in part d.iii) A table with both corporation and industry ratio is required. You must also compare the ratios in words.