FINANCIAL STATEMENTS

(in millions)

2018
Assets
Cash and Cash Equivalents $ 16,718.00
MArketable Securities 17,233.00
Ford Credit Finance Receivables 54,353.00
Trade and Other Receivables 11,195.00
Inventories 11,220.00
Assets held for Sale ---
Other Assets 3,930.00
TOTAL CURRENT ASSETS $ 114,649.00

Ford Credit Finance Receivables $ 55,544.00

Net investment in Operating Leases 29,119.00
Net Property 36,178.00
Equity in Net Assets of Affiliated Companies 2,709.00
Deffered Income Taxes 10,412.00
Other Assets 7,929.00
TOTAL ASSETS $ 256,540.00

LIABILITIES
Payables $ 21,250.00
Other liabilities and deferred revenue 20,556.00
Automotive debt payable within one year 2,314.00
Ford Credit debt payable within one year 51,179.00
Other debt payable within one year ---
Liabilities held for sale ---
TOTAL CURRENT LIABILITIES $ 95,569.00

Other liabilities and deferred revenue $ 23,588.00

Automotive long-term debt 11,233.00
Ford Credit long-term debt 88,887.00
Other long-term debt 600.00
Deferred income taxes 597.00
TOTAL LIABILITIES $ 220,474.00

EQUITY
Common Stock, par value $.01 per share $ 40.00
Class B Stock, par value $.01 per share 1.00
Capital in excess of par value of stock 22,006.00
Retained earnings 22,668.00
Accumulated other comprehensive income/(loss) (7,366.00)
Treasury stock (1,417.00)
Total equity attributable to Ford Motor Company $ 35,932.00
Equity attributable to noncontrolling interests 34
TOTAL EQUITY $ 35,966.00
TOTAL LIABILITY AND EQUITY $ 256,540.00
 2019

$ 17,504.00
17,147.00
53,651.00
9,237.00
10,786.00
2,383.00
3,339.00
$ 114,047.00

$ 53,703.00
29,230.00
36,469.00
2,519.00
11,863.00
10,706.00
$ 258,537.00

$ 20,673.00
22,987.00
1,445.00
52,371.00
130.00
526.00
$ 98,132.00

$ 25,324.00
13,233.00
87,658.00
470.00
490.00
$ 225,307.00

$ 40.00
1.00
22,165.00
20,320.00
(7,728.00)
(1,613.00)
$ 33,185.00
45
$ 33,230.00
$ 258,537.00
 INCOME STATEMENT
(in millions)

2018 2019
Revenues
Automotive $ 148,294.00 $ 143,599.00
Ford Credit 12,018.00 12,260.00
Mobility 26.00 41.00
Total revenues $ 160,338.00 $ 155,900.00

Costs and expenses

Cost of sales $ 136,269.00 $ 134,693.00
Selling, administrative, and other expenses 11,403.00 11,161.00
Ford Credit interest, operating, and other expenses 9,463.00 9,472.00
Total costs and expenses $ 157,135.00 $ 155,326.00
Operating income $ 3,203.00 $ 574.00

Interest expense on Automotive debt 1,171.00 963.00

Interest expense on Other debt 57.00 57.00

Other income/(loss) $ 2,247.00 $ (226.00)

Equity in net income of affiliated companies 123.00 32.00
Income/(Loss) before income taxes $ 4,345.00 $ (640.00)
Provision for/(Benefit from) income taxes 650.00 (724.00)
Net income $ 3,695.00 $ 84.00
Less: Income attributable to noncontrolling interests 18.00 37.00
Net income attributable to Ford Motor Company $ 3,677.00 $ 47.00
FINANCIAL STATEMENT

2018
Assets
Cash and Cash Equivalents $ 16,718.00
MArketable Securities 17,233.00
Ford Credit Finance Receivables 54,353.00
Trade and Other Receivables 11,195.00
Inventories 11,220.00
Assets held for Sale ---
Other Assets 3,930.00
TOTAL CURRENT ASSETS $ 114,649.00 45%

Ford Credit Finance Receivables $ 55,544.00 21.65%

Net investment in Operating Leases 29,119.00 11.35%
Net Property 36,178.00 14.10%
Equity in Net Assets of Affiliated Companies 2,709.00 1.05%
Deffered Income Taxes 10,412.00 4.06%
Other Assets 7,929.00 3.09%
TOTAL ASSETS $ 256,540.00 100%

LIABILITIES
Payables $ 21,250.00
Other liabilities and deferred revenue 20,556.00
Automotive debt payable within one year 2,314.00
Ford Credit debt payable within one year 51,179.00
Other debt payable within one year ---
Liabilities held for sale ---
TOTAL CURRENT LIABILITIES $ 95,569.00 43.35%

Other liabilities and deferred revenue $ 23,588.00 10.70%

Automotive long-term debt 11,233.00 5.09%
Ford Credit long-term debt 88,887.00 40.32%
Other long-term debt 600.00 0.27%
Deferred income taxes 597.00 0.27%
TOTAL LIABILITIES $ 220,474.00 100%

EQUITY
Common Stock, par value $.01 per share $ 40.00
Class B Stock, par value $.01 per share 1.00
Capital in excess of par value of stock 22,006.00
Retained earnings 22,668.00
Accumulated other comprehensive income/(loss) (7,366.00)
Treasury stock (1,417.00)
Total equity attributable to Ford Motor Company $ 35,932.00
Equity attributable to noncontrolling interests 34
TOTAL EQUITY $ 35,966.00
TOTAL LIABILITY AND EQUITY $ 256,540.00
 INCOME STATEMENT

2019
Revenues
$ 17,504.00 Automotive
17,147.00 Ford Credit
53,651.00 Mobility
9,237.00 Total revenues
10,786.00
2,383.00 Costs and expenses
3,339.00 Cost of sales
$ 114,047.00 44% Selling, administrative, and other expenses
Ford Credit interest, operating, and other expenses
$ 53,703.00 20.77% Total costs and expenses
29,230.00 11.31% Operating income
36,469.00 14.11%
2,519.00 0.97% Interest expense on Automotive debt
11,863.00 4.59% Interest expense on Other debt
10,706.00 4.14%
$ 258,537.00 100% Other income/(loss)
Equity in net income of affiliated companies
Income/(Loss) before income taxes
$ 20,673.00 Provision for/(Benefit from) income taxes
22,987.00 Net income
1,445.00 Less: Income attributable to noncontrolling interests
52,371.00 Net income attributable to Ford Motor Company
130.00
526.00
$ 98,132.00 43.55%

$ 25,324.00 11.24%
13,233.00 5.87%
87,658.00 38.91%
470.00 0.21%
490.00 0.22%
$ 225,307.00 100%

$ 40.00
1.00
22,165.00
20,320.00
(7,728.00)
(1,613.00)
$ 33,185.00
45
$ 33,230.00
$ 258,537.00
 2018 2019

$ 148,294.00 92.48% $ 143,599.00 92.11%

12,018.00 7.50% 12,260.00 7.86%
26.00 0.01% 41.00 0.02%
$ 160,338.00 100% $ 155,900.00 100%

$ 136,269.00 -84.99% $ 134,693.00 -86.40%

11,403.00 -7.11% 11,161.00 -7.16%
9,463.00 -5.90% 9,472.00 -6.08%
$ 157,135.00 -98% $ 155,326.00 -99.63%
$ 3,203.00 1.99% $ 574.00 0.37%

1,171.00 0.73% 963.00 0.61%

57.00 0.03% 57.00 0.03%

$ 2,247.00 1.40% $ (226.00) -0.14%

123.00 0.07% 32.00 0.02%
$ 4,345.00 2.70% $ (640.00) -0.41%
650.00 0.40% (724.00) -0.46%
$ 3,695.00 2.30% $ 84.00 0.05%
18.00 0.01% 37.00 0.02%
$ 3,677.00 2.29% $ 47.00 0.03%
 2018 2019 Change
Assets
Cash and Cash Equivalents $ 16,718.00 $ 17,504.00 4.70%
MArketable Securities 17,233.00 17,147.00 -0.49%
Ford Credit Finance Receivables 54,353.00 53,651.00 -1.30%
Trade and Other Receivables 11,195.00 9,237.00 -17.49%
Inventories 11,220.00 10,786.00 -3.87%
Assets held for Sale --- 2,383.00 100%
Other Assets 3,930.00 3,339.00 -15.04%
TOTAL CURRENT ASSETS $ 114,649.00 $ 114,047.00 -0.53%

Ford Credit Finance Receivables $ 55,544.00 $ 53,703.00 -3.31%

Net investment in Operating Leases 29,119.00 29,230.00 0.38%
Net Property 36,178.00 36,469.00 0.80%
Equity in Net Assets of Affiliated Companies 2,709.00 2,519.00 -7.01%
Deffered Income Taxes 10,412.00 11,863.00 13.94%
Other Assets 7,929.00 10,706.00 35.02%
TOTAL ASSETS $ 256,540.00 $ 258,537.00 0.78%

LIABILITIES
Payables $ 21,250.00 $ 20,673.00 -2.72%
Other liabilities and deferred revenue 20,556.00 22,987.00 11.83%
Automotive debt payable within one year 2,314.00 1,445.00 -37.55%
Ford Credit debt payable within one year 51,179.00 52,371.00 2.33%
Other debt payable within one year --- 130.00 100%
Liabilities held for sale --- 526.00 100%
TOTAL CURRENT LIABILITIES $ 95,569.00 $ 98,132.00 2.68%

Other liabilities and deferred revenue $ 23,588.00 $ 25,324.00 7.36%

Automotive long-term debt 11,233.00 13,233.00 17.80%
Ford Credit long-term debt 88,887.00 87,658.00 -1.38%
Other long-term debt 600.00 470.00 -21.67%
Deferred income taxes 597.00 490.00 -17.92%
TOTAL LIABILITIES $ 220,474.00 $ 225,307.00 2.19%

EQUITY
Common Stock, par value $.01 per share $ 40.00 $ 40.00 0%
Class B Stock, par value $.01 per share 1.00 1.00 0%
Capital in excess of par value of stock 22,006.00 22,165.00 0.72%
Retained earnings 22,668.00 20,320.00 -10.36%
Accumulated other comprehensive income/(loss) (7,366.00) (7,728.00) 4.91%
Treasury stock (1,417.00) (1,613.00) 13.82%
Total equity attributable to Ford Motor Company $ 35,932.00 $ 33,185.00 -7.64%
Equity attributable to noncontrolling interests 34 45 32.35%
TOTAL EQUITY $ 35,966.00 $ 33,230.00 -7.61%
TOTAL LIABILITY AND EQUITY $ 256,540.00 $ 258,537.00 0.78%
INCOME STATEMENT

2018
Revenues
Automotive $ 148,294.00
Ford Credit 12,018.00
Mobility 26.00
Total revenues $ 160,338.00

Costs and expenses

Cost of sales $ 136,269.00
Selling, administrative, and other expenses 11,403.00
Ford Credit interest, operating, and other expenses 9,463.00
Total costs and expenses $ 157,135.00
Operating income $ 3,203.00

Interest expense on Automotive debt 1,171.00

Interest expense on Other debt 57.00

Other income/(loss) $ 2,247.00

Equity in net income of affiliated companies 123.00
Income/(Loss) before income taxes $ 4,345.00
Provision for/(Benefit from) income taxes 650.00
Net income $ 3,695.00
Less: Income attributable to noncontrolling interests 18.00
Net income attributable to Ford Motor Company $ 3,677.00
 2019

$ 143,599.00 -3.17%
12,260.00 2.01%
41.00 57.69%
$ 155,900.00 -2.77%

$ 134,693.00 -1.16%
11,161.00 -2.12%
9,472.00 0.10%
$ 155,326.00 -1.15%
$ 574.00 -82.08%

963.00 -17.76%
57.00 0%

$ (226.00) -89.94%
32.00 -73.98%
$ (640.00) -85.27%
(724.00) 11.38%
$ 84.00 -97.73%
37.00 105.56%
$ 47.00 -98.72%
 LIQUIDITY RATIOS
2018 2019
Current Ratio 119.964632883048 116.21795133086

Quick Ratio 104.112212118993 99.3957118982595

Cash Ratio 17.4931201540248 17.8371988749847

ASSET EFFICIENCY RATIOS

2018 2019
Inventory Turnover 1216.90480442936 12.2414795964737

Total Asset Turnover 0.622628321127067 0.605346385103586

Capital Intensity Ratio 1.60609462510447 1.65194676074407

LEVERAGE RATIOS
2018 2019
Debt to Assets Ratio 0.859413736649255 0.871469074059032

Debt to Equity Ratio 6.13006728576989 6.78022870899789

Equity Multiplier 7.13284768948451 7.13284768948451

Times Interest Earned Ratio 2.60830618892508 0.562745098039216

PROFITABILITY RATIOS
2018 2019
Gross Profit Ratio 0.150114133892153 0.13602950609365

Operating Profit Margin 0.019976549539099 0.003681847338037

Net Profit Margin 0.022932804450598 0.000301475304682

Earnings Per Share

Basic EPS 0.93 0.01
Diluted EPS 0.92 0.01

MARKET RATIOS
2018 2019
Price Earnings Ratio 7.47311827956989 695 or 6.95

Market/Book Ratio 0.79 0.86

11,176 + 11,220 = 22,396 11,220+10,786 = 22,006
divided by 2 divided by 2
11,198 11,003

MARKET PRICE
6.95
As of 1:31PM EDT. Market open.
1:47 AM

https://www.macrotrends.net/stocks/charts/F/ford-motor/price-book
BVPS
2018 8.81
2019 8.11
6.95+0.06 (+0.87%)
As of 1:31PM EDT. Market open.
1:47 AM