1. course project week 3
WALMART 0
Walmart
Pavel Garbuz
August 19th, 2017
Rasmussen College
Walmart
Sam Walton founded the Walmart in 1962. The company became public limited company and began trading on the New York Stock Exchange in 1972. As of now, the company owns more than 11,695 stores in 28 countries.
The company is the largest company in the world in terms of the revenue generation with approximately US$ 480 billion in 2016 as well as the biggest private employer in the world with more than 2 million employees working for the company under 60 different banners across the globe. The company is also the most valuable one by the market value where 62% of the Walmart sales came from only the U.S. operations (Arnold, 2017).
Walmart has been performing well to keep the long-term debt in control in the recent years. The financing of the debt has become very expensive as a certain percentage of the operating income due to decline in the overall profitability of the company. Despite this, the company is still in a strong position to double its long-term debt without any undue pressure on the financial condition. The overall condition of the balance sheet is stable as compared to the previous year performance (Arnold, 2017).
The Walmart continues to benchmark itself against the other organizations in the industries locally and internationally with good corporate governance. There have been certain issues with the suppliers that have been sought out by the company in most of the cases.
References
Arnold, J. (2017, June 09). Wal-Mart's Debt Balance And Its Implications. Retrieved Aug 18, 2017, from Seeking Alpha: https://seekingalpha.com/article/4080220-wal-marts-debt-balance-implications