Does Disney have debt?
Total debt on the balance sheet as of December 2023 : $47.69 B. According to Walt Disney's latest financial reports the company's total debt is $47.69 B. A company's total debt is the sum of all current and non-current debts.
What Is Walt Disney's Net Debt? As you can see below, Walt Disney had US$46.4b of debt at September 2023, down from US$48.4b a year prior. On the flip side, it has US$14.2b in cash leading to net debt of about US$32.2b.
What Is Walt Disney's Debt? As you can see below, Walt Disney had US$48.4b of debt at December 2022, down from US$54.1b a year prior. However, because it has a cash reserve of US$8.47b, its net debt is less, at about US$39.9b.
Disney said it is on pace to meet or exceed its goal of cutting costs by at least $7.5 billion by the end of fiscal 2024. The company said it expects fiscal 2024 earnings per share of about $4.60, which would be at least 20% higher than 2023.
Disney's streaming operation lost $512 million in the most-recent quarter, the company said, bringing total streaming losses since 2019, when Disney+ was introduced, to more than $11 billion. Disney+ lost roughly 11.7 million subscribers worldwide in the three months that ended July 1, for a new total of 146.1 million.
While facilities such as factories can easily be moved, Walt Disney's World's sprawling, 27,520 acres made up of brick-and-mortar hotels, rides, stages, shops, and restaurants, is simply too vast, he said. The costs of building the new infrastructure would be astronomical.
The Walt Disney Company's special governing district in Florida has responded to a new law seeking to dissolve it, saying the state would be on the hook for the district's outstanding debt obligations of about $1 billion.
Total debt on the balance sheet as of December 2023 : $14.54 B. According to Netflix's latest financial reports the company's total debt is $14.54 B. A company's total debt is the sum of all current and non-current debts.
BURBANK, Calif. –The Walt Disney Company (NYSE: DIS) today reported earnings for its fourth quarter and full year ended September 30, 2023. Financial Results for the Quarter and Full Year: Revenues for the quarter and year grew 5% and 7% compared to the prior-year quarter and prior year, respectively.
McDonald's's total debt for fiscal years ending December 2019 to 2023 averaged 50.063 billion. McDonald's's operated at median total debt of 49.353 billion from fiscal years ending December 2019 to 2023. Looking back at the last 5 years, McDonald's's total debt peaked in December 2023 at 53.153 billion.
Who owns Disney?
Approximately 33.90% of the company's stock is owned by Institutional Investors, 8.41% is owned by Insiders and 57.70% is owned by Public Companies and Individual Investors. The ownership structure of Walt Disney (DIS) stock is a mix of institutional, retail and individual investors.
Disney underpaid Southern California hotel maintenance workers, lawsuit alleges. Disney faces wage claims in a lawsuit brought by an assistant maintenance engineer who alleges the company systematically underpaid him and more than 115 other current and former workers at its Southern California hotels.
Entertainment is the largest segment for Disney thanks to its robust streaming business. Following closely behind is Disney's experiences revenue, which is quickly growing with a 7% increase year over year in the first quarter of 2024.
Elon Musk is funding a court case that claims that attacks Disney for making clear “that only one orthodoxy in thought, speech, or action was acceptable in their empire”. The case is being brought by actor Gina Carano, and accuses Disney of unfairly firing her from her role in The Mandalorian over her tweets.
Bad management, poor leadership, and oversaturation seem to be the main causes for Disney's downfall. “[Disney valuing] quantity over quality and putting out more movies rather than better ones has caused [their recent failures],” senior Atharv Nadkarni stated.
Disney Q1 Earnings Beat Estimates, Revenues Rise Y/Y
The Walt Disney Company reported first-quarter fiscal 2024 adjusted earnings of $1.22 per share, which beat the Zacks Consensus Estimate by 25.77% and increased 23.2% year over year.
A federal judge ruled in favor of DeSantis on January 31, 2024.
If Walt Disney World teleported out of Florida, the state's unemployment rate would rise from 3% to 5.4% — that's how powerful the theme park is to the state's labor face, according to a Disney-commissioned study that said the company left a $40.3 billion economic impact on Florida last year.
Disney directly and indirectly accounts for more than a quarter of a million jobs as a result of its presence in Florida. One in every 32 Florida jobs can be attributed to Disney. Disney is one of the largest employers in Florida.
Disney on Tuesday released a study showing its economic impact in Florida at $40.3 billion as it battles Florida Gov. Ron DeSantis and his appointees over their takeover of the district that governs the entertainment company's massive resort in central Florida.
How much does Disney mean to Florida's economy?
The study found that Disney, which has fueled Florida's economy, tourism and small businesses for more than half a century, generated the following across the year: $40.3 billion in total statewide economic impact. 263,000 direct and indirect jobs – 1 out of every 32 jobs in the state.
W alt Disney World Resort generated more than $40 billion in economic impact across the state and more than a quarter of a million total jobs in fiscal year 2022, according to a new study from Oxford Economics.
Total debt on the balance sheet as of December 2023 : $108.04 B. According to Apple's latest financial reports the company's total debt is $108.04 B. A company's total debt is the sum of all current and non-current debts.
Total debt on the balance sheet as of December 2023 : $9.57 B. According to Tesla's latest financial reports the company's total debt is $9.57 B. A company's total debt is the sum of all current and non-current debts.
Total debt on the balance sheet as of December 2023 : $135.61 B. According to Amazon's latest financial reports the company's total debt is $135.61 B. A company's total debt is the sum of all current and non-current debts.
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