Target 10-K Analysis

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Target Corporation 10k Analysis The Target Corporation (CIK 0000027419) employs a wildly successful business model. They provide the essential goods for the home as well as general amenities, clothing and electronic goods. Their profits are consistent and significant. Through financial analysis of their 10k report, it becomes clear as to why the Target Corporation has enjoyed such ample success. The revenues, income, assets and liabilities of this corporation that will be shown should demonstrate the extent to which it is prospering. The total revenues of the Target Corporation during the 2012 fiscal year came in at $73,301,000,000 (United States Securities and Exchange Commission, 2013). These revenues include sales and revenues from credit cards (United States Securities and Exchange Commission, 2013). While $73 billion in revenue is an extraordinarily high number, it cannot speak to the success of the company by itself. One must determine the income of the firm to know if it has been profitable. In the case of the Target Corporation, the net income for the year was $2,999,000,000 (United States Securities and Exchange Commission, 2013). From this number, one could surmise that the target corporation had a successful year, as they earned nearly $3 billion. To determine the assets and liabilities of the Target Corporation, one must simply examine the balance sheet the company has provided in their 10k report. The balance sheet provided lists the Target Corporation’s assets as: cash, credit card receivables, inventory, land, buildings, fixtures and equipment, computer hardware and software, and construction in progress (United States Securities and Exchange Commission, 2013). After adjusting for the depreciation of their assets, the Target Corporation calculates their net assets at $48,163,000,000 (United States Securities and Exchange Commission, 2013). As
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