Markit Balance Sheet - Annual (NASDAQ:INFO)

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$53.76 $0.04 (0.07%) INFO stock closing price Aug 17, 2018 (Closing)

The financial analysis of a company like Markit involves checking the three financial statements of the company in detail, of which the balance sheet is one. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Markit stock analysis, and provides insights into the firm's financial performance. Annual results are typically accompanied with the company releasing financial statements. Markit had a long term debt of $3.62B at the end of 2017. To understand the debt servicing capacity of the company, one needs to look at Markit operating cash flow and Markit revenue also. Markit debt to equity ratio is 0.57.

View latest 10 year balance sheet data to check Markit financial performance.
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Fiscal year is Dec - Nov20172016201520142013
Marketable Securities-----
Raw Materials-----
Work In Progress-----
Finished Goods-----
Notes Receivable-----
Other Current Assets155.8M133M298.4M--
Total Current Assets
Property Plant & Equipment1.16B1.01B611.9M--
Accumulated Depreciation626.4M591.5M297.5M--
Net Property Plant & Equipment
Investment & Advances-----
Other Non-Current Assets-----
Deferred Charges7.1M14.8M6.6M156.4M-
Deposits & Other Assets34.2M10.5M3.8M--
Total Assets
Notes Payable---90.2M-
Accounts Payable53.4M58.9M59.2M--
Current Portion Long-Term Debt576M104.6M36M--
Current Portion Capital Leases-----
Accrued Expenses480.4M466.8M257.2M--
Income Taxes Payable5.5M11.9M23.3M--
Other Current Liabilities790.8M770.2M584.6M--
Total Current Liabilities
Deferred Taxes/Income869.8M995.1M259.5M205.1M-
Convertible Debt-----
Long-Term Debt3.62B3.28B2.07B--
Non-Current Capital Leases-----
Other Long-Term Liabilities137.7M107.7M85.3M--
Total Liabilities
Minority Interest19.1M57.7M---
Preferred Stock-----
Common Stock Net4.7M4.5M2.5M--
Capital Surplus7.61B7.21B1.05B--
Retained Earnings2.22B1.81B1.66B--
Treasury Stock1.75B499.1M317M--
Other Liabilities-85M-438.8M-191.2M--
Shareholders Equity8B8.08B2.2B--
Total Liabilities & Shareholders Equity14.55B13.94B5.58B295.3M-
All figures in USD. M: Millions of USD, B: Billions of USD.

Most investors just check the Markit stock price, and Markit historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Markit PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: Anything that the Markit company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Markit had total assets of $14.55B.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Markit is $6.55B. Shareholders' equity comes under liabilities as it is money the company owes the holders of INFO stock.

Markit Balance Sheet - Key Ratios

Current ratio
Debt to equity ratio
Asset turnover ratio
Receivables turnover
Price to book ratio