VF (VFC) Financials

VF Corp (VFC) is a leading global apparel and footwear company that designs, manufactures, and markets a wide range of lifestyle products. The company's financial performance is summarized in its income statement, which provides insights into its revenue and expenses. VF Corp reported a total revenue of $12.9 billion in its most recent financial year. This represents the amount of money the company generated from its sales of products and services. The company's gross profit, which is the difference between its revenue and the cost of goods sold, was $7.2 billion.

VF Corp reported an operating income (EBIT) of $1.8 billion, which reflects the company's earnings before interest and taxes. This measure provides an indication of the company's profitability from its core operations. VF Corp also reported an EBITDA (earnings before interest, taxes, depreciation, and amortization) of $2.2 billion, which represents its operating income adjusted for non-cash expenses. This measure is often used to evaluate a company's operating performance without the impact of non-cash items. The company's net income from stockholders, which represents the profit distributed to its equity shareholders, was $1.2 billion.

In terms of its balance sheet, VF Corp reported total assets of $15.6 billion, which includes its cash equivalents, net debt, and stockholders' equity. Cash equivalents are highly liquid assets that can be easily converted into cash. The company reported cash equivalents of $1.5 billion, which provides an indication of its liquidity and ability to meet short-term obligations. Net debt, which represents the company's total debt minus its cash and cash equivalents, was $3.7 billion. Stockholders' equity, which represents the company's net assets after deducting its liabilities, was $6.2 billion.

VF Corp reported total liabilities of $9.4 billion, which includes its total debt and other obligations. Total debt, which represents the company's borrowing and financing activities, was $5.2 billion. The company's cash flow statement provides insights into its cash inflows and outflows. VF Corp reported a positive financing cash flow of $1.1 billion, which reflects the company's financing activities such as issuing debt or repurchasing shares. The company also reported a positive investing cash flow of $400 million, which reflects its investment activities such as capital expenditures or acquisitions. VF Corp's operating cash flow, which represents the cash generated from its core operations, was $1.5 billion.

Lastly, VF Corp reported a free cash flow of $1 billion, which represents the cash flow available to the company after deducting its capital expenditures. This measure provides insights into the company's ability to generate cash for debt repayments or shareholder distributions. In summary, VF Corp's financials demonstrate its strong revenue and profitability, supported by its diverse portfolio of lifestyle brands. The company's balance sheet reflects its solid financial position, with ample liquidity and reasonable debt levels. VF Corp's cash flow statement indicates its ability to generate cash from its core operations and actively manage its financing and investing activities.