Western digital equity,debt and subsidiaries

Accuracy score :
97%

Western Digital Corp  WDC

Summary

  • Equity of total company : 9.219 billion USD  (Total assets of 15.181 billion - Total liabilities of 5.962 billion = 9.219 billion)
  • Market Cap is 14.73 billion USD
  • Western Digital is structured around two subsidiaries: WD Technologies and Hitachi Global Storage Technologies (HGST)
  • Equity of total company increased from 8.84 billion in 2014 to 9.219 billion in 2015 - very positive thing
  • In 2012 Western Digital bought  Hitachi's disk drive business, HGST, for around $4.3 billion in cash and stock
  • In 2013 it acquired Virident, a provider of sever-side flash storage products  (for about $340  million)
  • In 2015 deal, Western Digital acquired Amplidata, a developer of object storage software for public and private cloud data centers, for about $267 million
  • Total liabilities of Western Digital Corp  decreased from 6.65 billion in 2014 to 5.96 billion in 2015 - very positive thing ( in 2015 company has 2.15 billion usd long-term debt and 411 million usd short-term debt which is acceptable)
  • Western Digital’s balance sheet has become stronger, which supports the $19 billion acquisition of SanDisk Corporation
  • Western Digital's sales slowed 4% in 2015 to $14.57 billion from $15.13 billion in 2014
  • The revenue drop translated to a 9% fall in profit. The company posted $1.47 billion in profit in 2015, down from $1.6 billion in 2014
  • Cash flow from operations came in at $2.2 billion in 2015, from $2.8 billion in 2014

 

Property Value -- Location , Price ,  Total , Description
                                
United States                             
California                             
Fremont - $540/sqft
Total: 212,000,000        Owned        392,000    
        Manufacturing of head wafers and research and development
San Jose - $150/sqftAVG
Total: 430,650,000        Owned and Leased        2,871,000    
        Manufacturing of head wafers and head, media and product development; research and development, administrative, marketing and sales
Asia                             
China                             
Shenzhen -$150/SQFT
$220,650,000
        Owned and Leased        1,417,000    
        Manufacturing of hard drives and, HGAs, media; administrative


Japan                             
Odawara - $150/SQFT
$76,950,000        Owned        513,000    
        Manufacturing of head wafers and head development
Fujisawa- $150/SQFT
$98,100,000        Owned        654,000    
        Product development
Malaysia                             
Johor $75/SQFT
$20,325,000        Owned        271,000    
        Manufacturing of substrates
Kuala Lumpur $75/SQFT
$80,550,000        Owned        1,074,000    
        Manufacturing of hard drives and research and development
Kuching $75/SQFT
$35,925,000        Owned        479,000    
        Manufacturing and development of substrates
Penang $75/SQFT
$86,250,000        Owned        1,150,000    
        Manufacturing of media, research and development and slider fabrication
Philippines                             
Laguna - $50/SQFT
$30,750,000        Owned        615,000    
        Manufacturing of HGAs and slider fabrication
Singapore - $200/SQFT
$160,400,000        Owned and
Leased        802,000    
        Manufacturing of media and research and development; administrative
Thailand                             
Bang Pa-In $50/SQFT
$82,750,000        Owned        1,665,000    
        Slider fabrication, manufacturing of hard drives and HGAs, and research and development
Navanakorn $50/SQFt
$14,500,000        Owned        290,000    
        Manufacturing of HGAs
Prachinburi $50/SQFT
$36,450,000        Owned        729,000    
        Manufacturing of hard drives

Accounting figures on 2015 10k : Total Property $2766  Million as of July 3, 2015
Our total estimate of owned Western digital real estate: $1,586,250,000 USD.

 

 

Opinion about the company

Fundamentally it is a very good company and in the future we can expect its growth if fundamental indicators remain as they are . Company has very good ratio of assets and liabilities, debt of this company is acceptable and everything indicates that Western digital should grow in the future. ). WDC stock has very good fundamentals (P/E  is 11.11 , EPS is 5.62, ROI is 11.15, ROE is 14.48), P/E ratio is lower than in industry which is very important to potential investors.

The Reports that you may like

Stock Title % of value Value per share 2018-12-17
(GE) General Electric Co General Electric Co GE - equity, debt and subsidiaries 47.92 15.6500 2018-11-26
(zyne) Zyne Three Pillars of Health -256.67 -3.0000 2018-11-27
(zyne) Zyne Eating a plate of mixed vegetables will boost immune system
-256.67 -3.0000 2018-11-27
(zyne) Zyne Calls and Puts - Its usage in investing -256.67 -3.0000 2018-12-12
(zyne) Zyne Prevention instead of treatment in healthcare -256.67 -3.0000 2018-12-09