Summary - Funding Rounds

Founding Date

1949
Asda is a subsidiary of Walmart

Asda Revenue Breakdown

Embed Graph

Asda revenue breakdown by business segment: 12.9% from Fuel and 87.1% from Sale of Goods

Asda Income Statement

Annual

GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

6.0b7.0b7.6b8.2b9.7b10.7b12.2b13.3b14.3b14.9b15.8b16.7b23.3b23.2b22.4b21.7b22.2b

Operating expense total

5.8b6.6b7.2b7.8b9.2b10.2b11.6b12.7b13.6b14.3b15.1b16.1b22.3b22.2b21.3b20.8b21.5b

EBITDA

940.7m941.5m1.4b1.4b1.5b1.3b

EBITDA margin, %

6%6%6%6%7%6%

EBIT

257.4m346.0m413.7m435.6m512.2m497.0m538.0m656.0m673.0m605.0m664.4m618.4m993.9m1.0b1.0b845.3m735.4m

EBIT margin, %

4%5%5%5%5%5%4%5%5%4%4%4%4%4%5%4%3%

Interest expense

35.3m

Interest income

12.5m

Pre tax profit

311.5m405.2m404.9m422.9m500.3m496.0m608.0m671.0m638.0m572.0m592.7m532.7m913.8m920.6m974.9m791.7m712.6m

Income tax expense

(83.2m)(96.9m)(98.4m)(105.9m)(157.8m)(149.0m)31.0m(60.0m)(143.0m)(109.0m)(163.5m)(129.1m)(150.9m)(140.5m)(154.8m)(134.5m)46.6m

Net Income

228.3m308.3m306.5m317.0m342.5m347.0m639.0m611.0m495.0m463.0m429.2m403.6m762.9m780.1m820.1m657.2m666.0m

Asda Balance Sheet

Annual

GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

22.4m19.9m18.7m17.1m524.3m23.0m19.0m146.0m134.0m212.0m315.0m38.1m793.1m1.2b1.6b1.9b2.2b

Accounts Receivable

123.0m129.0m146.3m122.3m132.5m128.9m

Prepaid Expenses

37.2m

Inventories

307.4m301.8m365.0m426.7m574.3m619.0m643.0m684.0m788.0m826.0m941.3m970.8m1.1b1.2b1.2b1.1b1.1b

Current Assets

741.2m806.7m593.7m668.6m1.4b1.3b1.6b1.7b1.8b1.5b1.4b1.3b4.3b5.1b5.7b6.0b6.7b

PP&E

2.5b2.9b3.3b3.6b4.2b4.5b4.8b5.2b5.9b6.4b6.7b7.1b8.7b9.0b9.1b9.0b9.0b

Total Assets

3.3b3.8b3.9b4.3b5.6b5.8b6.4b6.9b7.7b7.9b8.3b8.5b13.6b14.8b15.6b15.8b16.5b

Accounts Payable

511.8m537.8m592.2m689.3m789.5m1.0b1.2b1.6b1.4b1.5b1.6b1.5b2.0b2.1b2.2b2.4b2.6b

Short-term debt

13.8m

Current Liabilities

974.0m1.1b1.1b1.2b1.9b1.8b1.8b3.0b3.2b3.4b3.8b3.9b6.1b6.5b6.5b6.5b6.4b

Long-term debt

219.0m

Non-Current Liabilities

646.1m563.7m500.7m553.3m628.4m624.0m609.0m651.0m664.0m781.0m592.1m514.2m681.8m943.9m935.4m1.2b1.3b

Total Debt

153.2m232.8m

Total Liabilities

1.6b1.7b1.6b1.7b2.5b2.4b2.4b3.6b3.9b4.2b4.4b4.4b6.7b7.4b7.4b7.7b7.7b

Common Stock

731.8m753.5m761.1m763.2m783.9m784.0m784.0m784.0m784.0m784.0m783.9m783.9m783.9m783.9m783.9m

Retained Earnings

5.1b5.6b6.3b7.6b8.3b

Total Equity

1.7b2.1b2.3b2.6b3.1b3.4b4.1b3.3b3.8b3.7b3.9b4.1b6.9b7.4b8.1b8.1b8.7b

Debt to Equity Ratio

0.1 x0 x

Debt to Assets Ratio

0 x0 x

Financial Leverage

2 x1.8 x1.7 x1.7 x1.8 x1.7 x1.6 x2.1 x2 x2.1 x2.1 x2.1 x2 x2 x1.9 x1.9 x1.9 x

Asda Cash Flow

Annual

GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

228.3m308.3m306.5m317.0m342.5m347.0m639.0m611.0m495.0m463.0m429.2m403.6m762.9m780.1m820.1m657.2m666.0m

Depreciation and Amortization

448.1m

Accounts Receivable

57.9m

Inventories

(56.8m)

Accounts Payable

236.2m

Cash From Operating Activities

545.0m513.3m549.1m565.1m979.9m947.2m1.3b1.3b1.3b1.4b1.3b

Purchases of PP&E

(355.2m)

Cash From Investing Activities

(374.6m)

Long-term Borrowings

(11.0m)

Dividends Paid

75.5m90.4m105.1m28.8m1.4b400.0m205.0m200.0m6.0m10.0m9.4m457.0m

Cash From Financing Activities

(125.0m)118.3m(191.7m)152.8m(205.5m)(483.4m)25.9m(216.7m)(352.0m)(777.8m)(605.7m)

Net Change in Cash

7.7m2.5m1.2m1.6m103.3m(276.9m)374.6m370.0m393.3m306.3m309.0m

Asda Operating Metrics

Apr, 2018

Stores (UK)

635

Stores (ASDA Superstore)

341

Stores (ASDA Supermarket)

211

Stores (ASDA Living)

33

Stores (ASDA Supercentre)

32

Stores (ASDA Petrol Fueling Station)

18