VMWare Inc
Summary (from latest annual report – 2014)
- Total equity : 7.58 billion USD
- Market Cap is 23.8 billion USD ( last price of the stock is 56.57 USD)
- VMWare Inc provides virtualization infrastructure solutions utilized by organizations. It has three product areas: Software-Defined Data Center, End-User Computing, and Hybrid Cloud Computing
- Equity of total company increased from 6.8 billion USD in 2013 to 7.58 billion in 2014
- Company has 2.07 billion USD in cash on account (from latest annual report 2014 year)
- Total equity – cash on account = 7.58 billion usd – 2.07 billion usd = 5.51 billion usd
- In 2014 company has 1.5 billion usd long-term debt, short – term debt was zero (In 2013 company had 450 million usd long-term debt , short-term debt was zero)
- VMWare balance sheet has become stronger in 2014 (In latest annual report - total equity increased to 7.58 billion USD from 6.8 in 2013, total debt increased for 1.05 billion usd in 2014 to 1.5 billion usd)
- Company's revenue increased in 2014 to 6.03 billion usd from 5.2 billion in 2013
- Net income decreased in 2014 to 886 million USD from 1.01 billion usd in 2013
Opinion about the company
Fundamentally it is a good company and in the future we can expect its growth (Acceptable debt (1.5 billion usd), big amount of cash on company's account, ROE is around 12 %).
VMWare Inc standalone subsidiaries
VMWare Inc provides virtualization infrastructure solutions utilized by organizations. It has three product areas: Software-Defined Data Center, End-User Computing, and Hybrid Cloud Computing. In 2004 it was acquired by and became a subsidiary of EMC Corporation, then on August 14, 2007, EMC sold 15% of the company in a New York Stock Exchange IPO. VMWare standalone subsidiaries are : AirWatch, Nicira, Wandering WiFi, Wanova Technologies.
- In 2012 VMWare completed the acquisition of Wanova for 100 million usd
- In 2012 VMWare acquired Nicira for 1.26 billion usd
- In 2014 VMWare acquired AirWatch and Wandering WiFi for 1.54 billion usd
Total = 2.81 billion USD