Sun Slowly Rising in 2005: Fool by Numbers

On July 26, Sun Microsystems (Nasdaq: SUNW  ) released earnings for its 2005 fiscal year, which ended June 30.

  • Excluding special charges, Sun earned $0.05 per stub in 2005, compared with a $0.24 net loss last year. But that's skewed by the impact of a $1.6 billion payment from Microsoft (Nasdaq: MSFT  ) .
  • Sun needs to improve its cash flow. Could the StorageTek (NYSE: STK  ) acquisition help? Probably.

(Figures in millions, except per-share data)

Income Statement Highlights(What's this?)

Avg. Est.

FY 2005

FY 2004

% Change

Sales

$11,070

$11,071

$11,185

-1.0%

Net Profit

--

$(11)

$(388)

N/A

EPS

$0.00

$0.00

$(0.12)

N/A



Margin Checkup(What's this?)

FY 2005

FY 2004

Change

Gross Margin

41.46%

40.38%

+1.08%

Op. Margin

-3.24%

-10.64%

+7.40%

Net Margin

-0.10%

-3.47%

+3.37%



Balance Sheet Highlights(What's this?)

Assets

FY 2005

FY 2004

% Change

Cash+ ST Invest.

$3,396

$3,601

-5.7%

Inventory

$430

$464

-7.3%

Accounts Rec.

$2,231

$2,339

-4.6%



Liabilities

FY 2005

FY 2004

% Change

Long-Term Debt

$1,123

$1,175

-4.4%

Accounts Pay.

$1,167

$1,057

+10.4%



Cash Flow Highlights(What's this?)

FY 2005

FY 2004

% Change

Cash From Ops

$369

$2,226

-83.4%

Capital Expend.

$347

$320

+8.4%

Free Cash Flow

$22

$1,906

-98.8%



Related Companies:

  • Apple Computer (Nasdaq: AAPL  )
  • Dell (Nasdaq: DELL  )
  • Hewlett-Packard (NYSE: HPQ  )
  • IBM (NYSE: IBM  )
  • Microsoft

Related Foolishness:

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so checkFool.comfor more of our in-depth discussion of what the numbers mean.

Fool contributorTim Beyersdidn't own shares in any of the companies mentioned in this story at the time of publication. You can find out what's in his portfolio by checking Tim's Fool profilehere.The Motley Fool has an ironcladdisclosure policy.


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