Financial Statements

The 5-year financial statements provided below are directly traceable to the financial statements filed by the subject stock exchange listed company with the Securitiies Exchange Commission (SEC) of the United States. Included within the financial statements are the latest five years financial results as well as the most recent filed quarter compared to the same quarter of the last year filed.

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Microsoft Corp, https://www.microsoft.com/en-us, SIC Code - 7372, PREPACKAGED SOFTWARE

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Income Statement Qtr. End
12/31/2023		 Qtr. End
12/31/2022		 Yr. End
06/30/2023		 Yr. End
06/30/2022		 Yr. End
06/30/2021		 Yr. End
06/30/2020		 Yr. End
06/30/2019
Sales
SALES
SALES is the total amount sold within a stipulated time period, usually 12 months. Sales is usually expressed in monetary terms but can also be in total units of stock or products sold. 		62020 52747 211915 198270 168088 143015 125843
Cost of Goods Sold
COST OF GOODS SOLD
COST OF GOODS SOLD (COGS) is a figure representing the cost of buying raw material and producing finished goods. Included are precise factors, i.e. material and factory labor; as well as others that are variable, such as factory overhead. 		19623 17488 65863 62650 52232 46078 42910
Gross Income
GROSS PROFIT
GROSS PROFIT is net sales minus cost of sales. 		42397 35259 146052 135620 115856 96937 82933
Depreciation and Amortization
DEPRECIATION AND AMORTIZATION
DEPRECIATION AND AMORTIZATION is the standard line item in an income statement that sums: Depreciation, the non-cash expense of a tangible investment over time and Amortization, the non-cash expenses of an intangible investment over time. 		5959 3648 13861 14460 11686 12796 11682
Research/Development
RESEARCH & DEVELOPMENT
RESEARCH & DEVELOPMENT (R&D) is research as a planned activity aimed at discovery of new knowledge with the hope of developing new or improved products and services. Development is the translation of the research findings into a plan or design of new or improved products and services. 		7142 6844 27195 24512 20716 19269 16876
Interest Expense
INTEREST EXPENSE
INTEREST EXPENSE is the cost of borrowing funds in the current period. It is shown as a financial expense item within the income statement. An interest expense of zero to <15% relative to operating income, within the consumer products industry, is an indicator of a sustainable competitive advantage. 		0 0 0 0 0 0 0
Unusual Expenses/(Income)
UNUSUAL EXPENSES/(INCOME)
UNUSUAL EXPENSES/(INCOME) is the sum of: Restructuring Charge, Litigation, Impairment of assets held for use or sale, portion of Purchased R&D written off, and Other Unusual Expense (Income). 		161 6 1201 101 13 133 26
Total Operating Expenses
OPERATING EXPENSES
OPERATING EXPENSES is all selling and general & administrative expenses. Includes depreciation, but not interest expense. 		35149 32352 123422 114988 98185 90189 82910
Operating Income
OPERATING INCOME
OPERATING INCOME is revenue less cost of goods sold and related operating expenses that are applied to the day-to-day operating activities of the company. It excludes financial related items (i.e., interest income, dividend income, and interest expense), extraordinary items, and taxes. 		26871 20395 88493 83282 69903 52826 42933
Interest Income - non-op.
INTEREST INCOME - NON-OPERATING
INTEREST INCOME - NON-OPERATING is interest income generated from non-operating investment securities such as certificates of deposit or bonds for non-financial service companies. 		909 490 1968 2063 2346 2591 2686
Other Expenses/(Income)
OTHER EXPENSES/(INCOME)
OTHER EXPENSES/(INCOME) includes: miscellaneous other income and expenses (net), such as interest expense, miscellaneous expenses not included in general and administrative expenses, netted against recoveries, interest income, dividends received and miscellaneous income. 		-564 -434 -2786 -2497 -3545 -2801 -3441
Pretax Income
PROFIT BEFORE TAXES
PROFIT BEFORE TAXES (PBT) is a profitability measure that looks at a companys profits before the company has to pay income tax. This measure deducts all expenses from revenue including interest expenses and operating expenses, but it leaves out the payment of tax. 		26526 20339 89311 83716 71102 53036 43688
Income Taxes
INCOME TAX
INCOME TAX is a tax paid on money made or profit realized from employment, business, or capital. 		4656 3914 16950 10978 9831 8755 4291
Income After Taxes
INCOME AFTER TAXES
INCOME AFTER TAXES is the net profit earned by the company after deducting all expenses like interest, depreciation and tax. PAT can be fully retained by a company to be used in the business. Dividends, if declared, are paid to the share holders from this residue. 		21870 16425 72361 72738 61271 44281 39397
Adjustments to Income
ADJUSTMENTS TO INCOME
ADJUSTMENTS TO INCOME are all tax code allowable increases/(deductions) to income that are not already accounted for. 		0 0 0 0 0 0 0
Nonrecurring Items
NONRECURRING
NONRECURRING is an income statement item that is infrequent in occurrence or unusual in nature. 		0 0 NA NA NA 0 -157
Net Income
NET INCOME
NET INCOME is the difference between a businesses total revenue and its total expenses. This caption and amount is usually found at the bottom of a companys Profit and Loss statement. Same as Net Profit. 		21870 16425 72361 72738 61271 44281 39240
Cash Flow Statement Qtr. End
12/31/2023		 Qtr. End
12/31/2022		 Yr. End
06/30/2023		 Yr. End
06/30/2022		 Yr. End
06/30/2021		 Yr. End
06/30/2020		 Yr. End
06/30/2019
Total Cash from Operations
TOTAL CASH FROM OPERATIONS
TOTAL CASH FROM OPERATIONS is a firm's net cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as the sum of net income plus noncash expenses that are deducted in calculating net income. 		18853 11173 87582 89035 76740 60675 52185
Total Cash from Investing
TOTAL CASH FROM INVESTING
TOTAL CASH FROM INVESTING shows a firms' cash inflows and outflows related to the purchase and sale of investments. Net investment cash flow equals the total cash inflows less the cash outflows from the section and can be a positive or negative number. There can be many types of investments in the investment cash flows section that affect net investment cash flow. 		-71925 -7150 -22680 -30311 -27577 -12223 -15773
Total Cash from Financing
CASH FROM FINANCING
CASH FROM FINANCING is the sum of all the individual financing activity cash flow line items. 		-10147 -11349 -43935 -58876 -48486 -46031 -36887
Net Change in Cash
NET CHANGE IN CASH
NET CHANGE IN CASH is calculated by adding cash from operating, investing, and financing activities and foreign exchange effects from the Statement of Cash Flows. 		-63147 -7238 20773 -293 648 2220 -590
Capital Expenditures
CAPITAL EXPENDITURE
CAPITAL EXPENDITURE (CAPEX) is the amount used during a particular period to acquire or improve long-term assets such as property, plant or equipment. 		9735 6274 28107 23886 20622 15441 13925
Exchange Rate Effects
EXCHANGE RATE EFFECTS
EXCHANGE RATE EFFECTS is the effect on any given currency as the rate of exchange changes providing either a gain or loss in value against other currencies. 		72 88 -194 -141 -29 -201 -115
Cash Flow per Share
CASH FLOW PER SHARE
CASH FLOW PER SHARE is a good measure of a firm's financial strength. Analysts put more weight on cash flow per share than earnings per share because EPS is more easily manipulated, its reliability can at times be questionable. Cash is almost impossible to falsify, i.e. you either have cash or you don't. Cash flow per share is a useful measure for the strength of a firm and the sustainability of its business model. The formula: 		-8.46 -0.97 2.78 -0.04 0.09 0.29 -0.08
Free Cash Flow
FREE CASH FLOW
FREE CASH FLOW is net income plus non-cash charges to income, specifically depreciation and amortization less capital expenditures, to sustain the basic business. Free cash flow per share is a measure of the amount of cash per share a business generates after expenditures for equipment or buildings. Free cash flow is available to be used for expansion, dividends, reduction in debt, or other purposes. Free cash flow is valued more than just about any other measure, including earnings (EPS). Cash assists companies to expand, develop new products, stock buy back, pay dividends, or reduce debt. Many analysts focus on free cash flow for insight into the core of a company's cash-generating engine. 		0.47 -0.02 5.31 6.24 5.2 3.92 3.15
Balance Sheet - Assets Qtr. End
12/31/2023		 Qtr. End
12/31/2022		 Yr. End
06/30/2023		 Yr. End
06/30/2022		 Yr. End
06/30/2021		 Yr. End
06/30/2020		 Yr. End
06/30/2019
Cash
CASH
CASH is money, in the form of notes and coins, which constitutes payment for goods at the time of purchase. 		17305 15646 34704 13931 14224 13576 11356
Short-Term Investments
SHORT TERM INVESTMENTS
SHORT TERM INVESTMENTS are fixed income investments that mature in less than one year. 		63712 83862 76558 90826 116110 122951 122463
Accounts Receivable
ACCOUNTS RECEIVABLE
ACCOUNTS RECEIVABLE is a current asset representing money due for services performed or merchandise sold on credit. 		42831 35833 48688 44261 38043 32011 29524
Inventory
INVENTORY
INVENTORY for companies: includes raw materials, items available for sale or in the process of being made ready for sale (work in process) for securities: it is securities bought and held by a broker or dealer for resale. A firm that has a sustainable competitive advantage has an inventory and net earnings are rising on a corresponding basis. Inventories that spike up/down are indicative of competitive industries prone to boom/bust. 		1615 2980 2500 3742 2636 1895 2063
Other Current Assets
OTHER CURRENT ASSETS
OTHER CURRENT ASSETS relates to any other current assets. Does not include prepaid items. 		21930 19502 21807 16924 13393 11482 10146
Total Current Assets
CURRENT ASSETS
CURRENT ASSETS are those assets of a company that are reasonably expected to be realized in cash, or sold, or consumed during the normal operating cycle of the business (usually one year). Such assets include cash, accounts receivable and money due usually within one year, short-term investments, US government bonds, inventories, and prepaid expenses. 		147393 157823 184257 169684 184406 181915 175552
Net Property, Plant, Equip.
NET PROPERTY, PLANT, and EQUIPMENT
NET PROPERTY, PLANT, and EQUIPMENT is the book value of all buildings, land, furniture, and other physical capital assets that a business has purchased to run its business net of accumulated depreciation.   		128706 96379 109987 87546 70803 52904 43856
Long-Term Investments
LONG-TERM INVESTMENTS
LONG-TERM INVESTMENTS represents the investments a company intends to hold for over a one year period. For example: real estate, cash, stocks and bonds.. 		13367 7097 14379 10691 9384 5665 4849
Goodwill/Intangibles
GOODWILL / INTANGIBLES
GOODWILL / INTANGIBLES is the total value of all intangible assets, e.g. goodwill, patents, copyrights, etc. 		148827 78259 77252 78822 57511 50389 49776
Other Long-Term Assets
OTHER LONG-TERM ASSETS
OTHER LONG-TERM ASSETS includes long-term assets not included into the investments, fixed, or intangible assets categories. Those other assets may be that part of prepaid expenses that will start expiring more than a year after the balance sheet date, or the cash surrender value of life insurance on company officers, etc. 		32265 24994 26101 18097 11675 10438 12523
Total Assets
TOTAL ASSETS
TOTAL ASSETS is the total of all assets; both current and fixed. 		470558 364552 411976 364840 333779 301311 286556
Balance Sheet - Liabilities Qtr. End
12/31/2023		 Qtr. End
12/31/2022		 Yr. End
06/30/2023		 Yr. End
06/30/2022		 Yr. End
06/30/2021		 Yr. End
06/30/2020		 Yr. End
06/30/2019
Accounts Payable
ACCOUNTS PAYABLE
ACCOUNTS PAYABLE (AP) are trade accounts of businesses representing obligations to pay for goods and service received. 		17695 15354 18095 19000 15163 12530 9382
Short-Term Debt
SHORT TERM DEBT
SHORT TERM DEBT is any debt owed by a company that is due and payable within one year. The debt is often made up of short-term bank loans the company is liable for. 		30982 5102 6444 3809 8863 4289 5833
Other Current Liab.
OTHER CURRENT LIABILITIES
OTHER CURRENT LIABILITIES includes any other current liabilities, including bank overdrafts and accrued expenses. 		72339 61262 79610 72273 64631 55491 54205
Total Current Liab.
CURRENT LIABILITIES
CURRENT LIABILITIES are liabilities to be paid within one year of the balance sheet date. 		121016 81718 104149 95082 88657 72310 69420
Long-Term Debt
LONG TERM DEBT
LONG TERM DEBT is all senior debt, including bonds, debentures, bank debt, mortgages, deferred portions of long term debt, and capital lease obligations. If a firm shows little to no long term debt over the years and/or their earning power could allow them to pay off their long term debt within 3-4 years, it is a good indicator of a sustainable competitive advantage. 		63434 58598 57860 60874 61824 68534 72919
Other Long-Term Liab.
OTHER LONG-TERM LIABILITIES
OTHER LONG-TERM LIABILITIES are any other non-current liabilities, including subordinated debt, and liability reserves. 		47840 41100 43744 42342 41310 42163 41887
Total Liabilites
TOTAL LIABILITIES
TOTAL LIABILITIES is all the obligations of the company, i.e. includes Total Current Liabilities, Long Term Debt, and any other miscellaneous liabilities the entity may have listed separately. 		232290 181416 198298 198298 191791 183007 184226
Preferred Stock
PREFERRED STOCK
PREFERRED STOCK, usually, non-voting capital stock that pays dividends at a specified rate and has preference over common stock in the payment of dividends and the liquidation of assets. A firm with a distinct sustainable competitive advantage is one that does not have preferred stock. 		0 0 0 0 0 0 0
Common Stock Equity
SHAREHOLDERS EQUITY
SHAREHOLDERS EQUITY is total assets minus total liabilities. It is the same as EQUITY, NET WORTH and stockholders equity. 		238268 183136 206223 166542 141988 118304 102330
Total Liabilities and Equity
TOTAL LIABILITIES AND EQUITY
TOTAL LIABILITIES AND EQUITY is all claims on the company's total assets, by outsiders (liabilities) and the company owners/shareholders (equity). 		470558 364552 411976 364840 333779 301311 286556

N/A: Data unavailable in order to calculate ratio
Z: Data equals zero in ratio denominator