Walt Disney Financial Performance from Time to Time – The Walt Disney Company is one of the biggest entertainment companies with a diversified of its business. Basically, this company has two business segments. These two segments are Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences, and Products (DPEP). Historically, this company was founded in October 16th, 1923 by Walt Disney and Roy O. Disney.
Nowadays, this company has headquartered in Team Disney Building, Walt Disney Studios, Burbank, California, U.S. With two segments of its business operational including:
- The Disney Media and Entertainment Distribution Segment (DMED) encompasses the global film and Episodic television content production and distribution activities. The Operations of DMED’s significant lines of business follow (1)Linear Network includes Domestic Channels: ABC Television Network (ABC), and Eight owned ABC television stations (Broadcasting), and Disney, ESPN, Freeform, FX, National Geographic and the other channels. Furthermore, International Channel includes Disney, FESPN, FOX, National Geographic, and others; (2) Direct-to-Consumer includes Disney+, Disney+, ESPN+, Hulu, and Star+.
- Disney Parks, Experiences, and Products (DPEP) these operational of DPEP’s significant lines are (1) Parks and Experiences (includes theme parks and resorts, which include: Wall Disney World Resort in Florida, California, Paris, and the other place and Disney Cruise Line, Disney Vacation Club, National Geographic Expeditions;(2). Consumer Products (include licensing of trade names, characters, visual, literal, and others. Furthermore, the sale of branded merchandise through retail, online, and wholesale businesses, and the sale of books, comics, and magazines).
The Assets, Liabilities, and Equities of Walt Disney
| Years | Assets | Liabilities | Equities |
|---|---|---|---|
| Million US Dollars | Million US Dollars | Million US Dollars | |
| 2006 | 59,998 | 28,178 | 31,820 |
| 2007 | 60,928 | 30,175 | 30,753 |
| 2008 | 62,497 | 29,174 | 33,323 |
| 2009 | 63,117 | 29,383 | 33,734 |
| 2010 | 69,206 | 29,864 | 39,342 |
| 2011 | 72,124 | 32,671 | 39,453 |
| 2012 | 74,898 | 32,940 | 41,958 |
| 2013 | 81,241 | 33,091 | 48,150 |
| 2014 | 84,141 | 35,954 | 48,187 |
| 2015 | 88,182 | 39,527 | 48,655 |
| 2016 | 92,033 | 44,710 | 47,323 |
| 2917 | 95,789 | 50,785 | 45,004 |
| 2018 | 98,598 | 45,766 | 52,832 |
| 2019 | 193,984 | 100,095 | 93,889 |
| 2020 | 201,549 | 113,286 | 88,263 |
| 2021 | 203,609 | 110,598 | 93,011 |
| 2022 | 203,631 | 104,752 | 98,879 |
| Source : Walt Disney Annual Report, 2006-2022 | |||
Financially, based on the balance sheet conditions of the company. The condition of financial structure is in stable condition from 2006 to 2022. The assets of Walt Disney in 2006 are 59,998 million US dollars, with liabilities of 28,178 million US Dollars, and Equities of 31,820 million US Dollars. Meanwhile, in 2022, the assets become 203,631 million US Dollars, Liabilities 104,752 million US dollars, and Equities 98,879 million US Dollars.
Based on some financial ratio, The Debt-to-Equity ratio (DER) and Debt to Asset Ratio (DAR) is about 0.928 and 0.478 on average, respectively. These 2 indicators can explain the financial structure of the company. The less value of the ratio, the stronger the financial structure of the company. The less value can mean that the company has a minimum of liabilities. Its conditions affect the company is doing its business and can enlarge to the business expansion of the company without thinking of the paying off of the debts.
The Revenue and Net Income of Walt Disney
| Years | Revenue | Net Income |
|---|---|---|
| Million US Dollars | Million US Dollars | |
| 2006 | 33,747 | 3,374 |
| 2007 | 35,510 | 4,687 |
| 2008 | 37,843 | 4,427 |
| 2009 | 36,149 | 3,609 |
| 2010 | 38,063 | 4,313 |
| 2011 | 40,983 | 5,258 |
| 2012 | 42,278 | 6,173 |
| 2013 | 45,041 | 6,636 |
| 2014 | 48,813 | 8,004 |
| 2015 | 52,462 | 8,852 |
| 2016 | 55,632 | 9,790 |
| 2017 | 55,137 | 9,366 |
| 2018 | 59,494 | 13,066 |
| 2019 | 69,607 | 11,584 |
| 2020 | 65,338 | -2,474 |
| 2021 | 67,418 | 2,507 |
| 2022 | 82,722 | 3,505 |
| Source : Walt Disney Annual Report, 2006-2021 | ||
Based on the Income Statement of the company, the company has positive performance from time to time. Financially, the company has grown in revenue and income. Most of the time from 2006 to 2022, this company generated a net income, and only in 2020, this company suffers losses. In 2006, this company can gain revenue of around 33 billion US Dollars and a net income of around 3.3 billion US Dollars. Furthermore, in 2022, the revenue of the company around 82 billion US Dollars, and the Net income around 3.5 billion US Dollars.
Based on the Financial Ratio Performance from 2006 to 2022, the ratio of net profit margin is around 0.123 on average. This value means that the net income of the company comes from 12.3% of the revenue. Based on the other financial ratio, Return on Assets (ROA) is about 0.069 and Return on Equity is about 0.129. These ratios can explain the efficiency of the company doing the business. The bigger value of these ratios, the more efficient the company is to do the business.
Bibliography of Walt Disney Financial Performance from Time to Time
Wikipedia. The Walt Disney Company. Accessed via https://en.wikipedia.org/wiki/The_Walt_Disney_Company on April 28th, 2023.
TheWaltDisneyCompany. 2023.Annual Report. Accessed via https://thewaltdisneycompany.com/investor-relations/ on April 27th, 2023.
TheWaltDisneyCompany. 2022. About The Walt Disney Company. Accessed via https://thewaltdisneycompany.com/ on April 28th, 2023.
