Hi Victor,
I am tabulating Alphabet's financial numbers and have some related queries, hope you can help me make sense of this.
- Page 76 of latest annual report - Understand that Class A, B, C shares are identical except with respect to voting rights. Therefore, number of shares outstanding would be total number of Class A + Class B + Class C that is used to compute diluted income per share, am I right?
- Page 44 of latest annual report - Can I confirm that "Lease Liabilities and Deferred Revenue" number should only include current lease liabilities and current deferred revenue? Alphabet's operating lease liabilities look like a long-term liability on their balance sheet, is that right?
- Page 44 of latest annual report - it looks like Alphabet does not have current debt, only long-term debt. Is this an accurate observation, or is there another name for current debt?
1 Answers
Hi Renice
1. According to page 78 of the 10K report, the total number of basic shares for 2022 is the combination of Class A, B, and C shares. On the other hand, the diluted share count includes the sum of Class A and C shares. Diluted shares consider potential conversions in the future, so the Class A shares already incorporate the potential conversion of B shares.
2. Yes you are right.
3. You are right on this too.
Great job, Renice! If you have any further questions, don't hesitate to ask :)
1. According to page 78 of the 10K report, the total number of basic shares for 2022 is the combination of Class A, B, and C shares. On the other hand, the diluted share count includes the sum of Class A and C shares. Diluted shares consider potential conversions in the future, so the Class A shares already incorporate the potential conversion of B shares.
2. Yes you are right.
3. You are right on this too.
Great job, Renice! If you have any further questions, don't hesitate to ask :)
Thanks a lot Victor!
Welcome Renice :)
Please login or Register to submit your answer