On Nov. 6, all-around entertainment authority and Motley Fool Stock Advisor recommendation Marvel Entertainment
- The year-ago period included substantial revenues from merchandise, video games, and other paraphernalia around the Spider-Man 2 blockbuster. There was no such tent pole for this year's movie slate, and it shows in the numbers.
- But even with a 14-percentage-point reduction in margins across the board, the net take remains an admirable 14.3%. That's Marvel's lightweight business model flexing its big, green muscles even in an off period.
- Get the full analysis on Marvel's quarter.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$85,540 |
$92,161 |
$81,128 |
13.6% |
|
Net Profit |
-- |
$13,200 |
$23,392 |
(43.6%) |
|
EPS |
$0.12 |
$0.16 |
$0.23 |
(30.4%) |
|
Diluted Shares |
84,854 |
103,174 |
(17.8%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
67.79% |
82.61% |
(14.82) |
|
Operating Margin |
29.98% |
43.57% |
(13.59) |
|
Net Margin |
14.32% |
28.83% |
(14.51) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets | Q3 2006 | Q3 2005 | Change |
|---|---|---|---|
Cash + ST Invest. | $34,888 | $72,671 | (52.0%) |
Accounts Rec. | $71,235 | $63,803 | 11.6% |
Inventory | $11,874 | $9,086 | 30.7% |
Liabilities | Q3 2006 | Q3 2005 | Change |
|---|---|---|---|
Accounts Payable | $9,114 | $4,406 | 106.9% |
Long-Term Debt | $109,300* | $24,800 | 340.7% |
Learn the ways of the balance sheet.
Cash Flow Highlights
The company hasn't released cash flow details yet. My Spidey-sense is tingling.
Find out why Fools always follow the money.
Cash Conversion Checkup
Q3 2006 | Q3 2005 | Change | |
|---|---|---|---|
Days in Inventory | 38.6 | 54.7 | (16.0) |
Days in Receivables | 64.0 | 70.6 | (6.7) |
Days Payables Outstanding | 24.3 | 94.1 | (69.8) |
Cash Conversion Cycle | 78.3 | 31.2 | 47.1 |
Read up on cash conversion metrics.
Related Companies:
- DC Comics, a subsidiary of Time Warner
(NYSE:TWX) - NBC Universal, a division of General Electric
(NYSE:GE) - 20th Century Fox, a division of News Corp.
(NYSE:NWS) - Walt Disney
(NYSE:DIS)
Related Foolishness:
Marvel, Time Warner, and Disney are all selections of theMotley Fool Stock Advisornewsletter. Find more brilliant entertainers that can make you money with afree 30-day trial.
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.com for more of our in-depth discussion of what the numbers mean.
At the time of publication,Fool contributorAnders Bylundwas a Disney shareholder but had no other position in any company mentioned. Fool rules arehere.
