Meta Annual Report Assignment

Instructions

1. Company’s name: Meta Platforms Inc. (formerly Facebook, Inc.)
2. The fiscal year chosen to examine: 2019
3. Company’s total assets: $133,376 million
4. Largest asset by dollar amount: Marketable securities at $35,776 million
5. Company’s total liabilities: $32,322 million
6. Company’s total equity: $101,054 million
7. Yes, the accounting equation does balance, as Total Assets ($133,376 million) equals Total Liabilities ($32,322 million) plus Total Equity ($101,054 million).
8. Company’s total revenues (Sales): $70,697 million
9. Company’s total expenses: $46,711 million
10. The largest expense is Research and development, which is $13,600 million

Current ratio

Current Ratio = Current Assets / Current Liabilities

Current Assets = $66,225 million

Current Liabilities = $15,053 million

Current Ratio = $66,225 million / $15,053 million

= 4.399 (Calif, 2020)

Debt to Equity Ratio

Debt to Equity Ratio = Total Liabilities / Total Equity

Total Liabilities = $32,322 million

Total Equity = $101,054 million

Debt to Equity Ratio = $32,322 million / $101,054 million

≈ 0.3198 (Calif, 2020)

Return on Equity (ROE)

Return on Equity (ROE) = Net Income /Total Shareholders Equity

Net Income = $18,485 million

Total Shareholders Equity = $101,054 million

Return on Equity = $18,485 million / $101,054 million

=0.1829 (Calif, 2020)

1. The company's current stock price

According to data from Market Watch Automation (2024), the current stock price for Meta Platforms Inc. (formerly Facebook Inc.) is $472.60.

1. The company's stock price on July 1, 2021:

Based on the data from Macro Trends (2024), the company's stock price on July 1, 2021, was $354.0118.

1. The company's current CEO:

The current CEO of Meta Platforms Inc. is Mark Zuckerberg