Yahoo's balance is a far cry from AMZNs, they actually generate cash (200MM in 1999) and have equity while AMZN has none (presumably negative equity per 06-30).
see:
sec.gov
Consolidated Balance Sheets YAHOO! INC.
(in thousands, except par value)
December 31,
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1999
1998
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ASSETS
Current assets:
Cash and cash equivalents $ 233,951 $ 230,961
Short-term investments in marketable securities 638,508 341,822
Accounts receivable, net of allowance of $11,322 and $5,947, respectively 54,426 34,089
Prepaid expenses and other current assets 19,038 10,860
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Total current assets 945,923 617,732
Long-term investments in marketable securities
339,623
55,931
Property and equipment, net 58,111 31,007
Other assets 126,164 76,349
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Total assets $ 1,469,821 $ 781,019
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LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 13,457 $ 9,986
Accrued expenses and other current liabilities 88,154 46,147
Deferred revenue 90,708 39,796
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Total current liabilities 192,319 95,929
Other liabilities
12,407
6,830
Minority interests in consolidated subsidiaries 3,790 1,248
Commitments and contingencies (Note 10)
Stockholders' equity:
Preferred Stock, $0.001 par value; 10,000 shares authorized;
none issued or outstanding ? ?
Common Stock, $0.001 par value; 900,000 shares authorized;
532,798 and 497,998 issued and outstanding, respectively 533 498
Additional paid-in capital 1,143,646 747,517
Accumulated deficit (11,553 ) (71,861 )
Accumulated other comprehensive income 128,679 858
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Total stockholders' equity 1,261,305 677,012
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Total liabilities and stockholders' equity $ 1,469,821 $ 781,019
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Yahoo has problems of different kind:
yahoo.cnet.com
"We are not looking for as much upside in the quarter as in prior quarters, but we still think the company's performance and outlook will be encouraging," he wrote in a note released today.
Blodget said advertising growth for the company has slowed "as a result of reduced spending by cash-constrained dot-coms." But he said that "Yahoo will weather the softness better than most advertising-driven online companies." |
