Stock Analysis on Net

Western Digital Corp. (NASDAQ:WDC)

This company has been moved to the archive! The financial data has not been updated since February 12, 2024.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Western Digital Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity

Microsoft Excel
Jun 30, 2023 Jul 1, 2022 Jul 2, 2021 Jul 3, 2020 Jun 28, 2019 Jun 29, 2018
Accounts payable 5.29 7.24 7.40 7.58 5.94 7.75
Accounts payable to related parties 1.20 1.22 1.52 1.59 1.26 0.89
Accrued expenses 5.27 6.23 5.32 5.05 4.91 4.36
Income taxes payable 4.09 3.31 1.01 0.00 0.00 0.00
Accrued compensation 1.43 1.94 2.43 1.84 1.32 1.64
Current portion of long-term debt 4.97 0.00 0.96 1.11 1.05 0.61
Current liabilities 22.24% 19.94% 18.64% 17.17% 14.47% 15.24%
Long-term debt, less current portion 23.98 26.74 32.43 36.20 38.85 37.60
Non-current net tax payable 1.90 2.51 2.62 3.18 3.52 4.50
Non-current portion of unrecognized tax benefits 1.67 1.82 2.87 2.81 2.65 1.74
Other non-current liabilities 2.22 2.45 2.42 3.43 2.70 1.48
Other liabilities 5.79% 6.77% 7.91% 9.41% 8.87% 7.71%
Non-current liabilities 29.77% 33.52% 40.34% 45.61% 47.73% 45.32%
Total liabilities 52.01% 53.46% 58.97% 62.78% 62.20% 60.56%
Convertible preferred stock, $0.01 par value 3.59 0.00 0.00 0.00 0.00 0.00
Common stock, $0.01 par value 0.01 0.01 0.01 0.01 0.01 0.01
Additional paid-in capital 16.11 14.22 13.81 14.48 14.60 14.55
Accumulated other comprehensive loss -2.11 -2.11 -0.75 -0.61 -0.26 -0.13
Retained earnings 30.39 34.42 28.85 26.21 28.25 29.95
Treasury stock, common shares at cost 0.00 0.00 -0.89 -2.87 -4.81 -4.94
Shareholders’ equity 47.99% 46.54% 41.03% 37.22% 37.80% 39.44%
Total liabilities and shareholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-07-01), 10-K (reporting date: 2021-07-02), 10-K (reporting date: 2020-07-03), 10-K (reporting date: 2019-06-28), 10-K (reporting date: 2018-06-29).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Western Digital Corp. current liabilities as a percentage of total liabilities and shareholders’ equity increased from 2021 to 2022 and from 2022 to 2023.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Western Digital Corp. non-current liabilities as a percentage of total liabilities and shareholders’ equity decreased from 2021 to 2022 and from 2022 to 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Western Digital Corp. total liabilities as a percentage of total liabilities and shareholders’ equity decreased from 2021 to 2022 and from 2022 to 2023.
Shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Western Digital Corp. shareholders’ equity as a percentage of total liabilities and shareholders’ equity increased from 2021 to 2022 and from 2022 to 2023.