Complete ratio analysis (showing calculations)

1. working capital

2. current ratio

3. current cash debt coverage

4. inventory turnover

5. Inventory turnover / days in inventory

6. AR turnover

7. Average collection period

8. Debt to assets ratio

9. cash debt coverage

MACY'S, INC. CONSOLIDATED STATEMENTS OF INCOME (millions, except per share data) 2019 $ Net sales Credit card revenues, net 24,560 S 771 2018 2 4,971 768 $ 2017 24,939 702 (15,171) (8,998) 162 (354) 970 31 (58) (205) (30) (15,215) (9,039) 389 (136) 1.738 (15.181) (8.954) 544 (186) 1.864 39 57 (105) (321) 10 Cost of sales Selling, general and administrative expenses Gains on sale of real estate Restructuring, impairment, store closing and other costs Operating income Benefit plan income, net Settlement charges Interest expense Gains (losses) on early retirement of debt Interest income Income before income taxes Federal, state and local income tax benefit (expense) Net income Net loss attributable to noncontrolling interest Net income attributable to Macy's, Inc. shareholders Basic camings per share attributable to Macy's, Inc. sharcholders Diluted earnings per share attributable to Macy's, Inc. shareholders (88) (261) (33) 25 1.420 (322) 1,098 11 728 1.516 (164) 564 1.555 1.108 1,566 564 1,82 S S 3.60 5.13 $ 1.81 S 3.56 $ MACY, INC CONSOLIDATED STATEMENTS OF CASH FLOWS C h flows the rating activi : ating activities Nations Ar to receive to cash provided by Mairelu, na rs clains until uthir Silamai 1163 112 (15) Bu plana Skomponente Canon sale of reale Amortization of things and premium on moral de n in arts atl linhilities: decrease in receivables In decrease in merchandise D in prepaid a nd thereum Increase in meriscous paywhile In dere in conta payable and reliabilities 161) ENT 125T (221) (0) (196) Chord white Net caurvided by aperating activities Callows th i ng cities Purchase of property and Capitala wa D operty Other Netcahtaad by inviting activities Cashflows thomancing activities Det andet Ihre Dividends pd Ir dari din checks ***08- 623900 1820 | 912 1911 *** (1002) INT (1.12) (12) Acquisition of treasury stock (1.544) 1,513 THUN Tr V 4 4 41 Hiu Qu Nekih odby fing ivities Mai i in ath, athuvalarts aisa Cisl,chiwwer dechbeing of period Cal, ivaleria d natrician anth email af Suppleash twinti Inpaid Iniestried I n ator road ) Restricted a nd prind The main nor mal part of the Financial Stats MACY'S, INC. CONSOLIDATED BALANCE SHEETS (millinus) February 1, 2011 February 2014 75 6.617 6.613 2.668 3.908 498 21.172 5 1 9,194 1.655 ASSETS Current Acts Cash and cash equivalent Receivables Merchandise inventories Prepaid expenses and other current assets Total Current Assets Property and quipment nee Right of the Assis Goodwill Other Intangible Assetsel Other Assets Total Assets LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities: Short-tem de Merchandise accounts payable Accounts payable and reliabilities Income taxes Total Current Liabilities Long Term Debt Lane Terme Lilities Deferred Income Taxes Other Liabilities Shunchokhers' Equity: Common stock (309.0 and 307.5 shares outstanding) Additional paid in capital Accumulated equity Treasury sock Accumulated other comprehensive los Total Macy's, Ine. Shareholders' Equity Noncora interest Total Shareholders' Equity Total Liabilities and Shareholders' Equity 3.445 5.750 5112 4,708 2,918 1.169 1,317 1.218 1.580 7,989 8,050 (1,318) 951) 6,416 (995) 6.377 6,377 21,172 6,416 19,194