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The Michaels Companies Inc (MIK)

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Michaels historical data, for real-time data please try another search
21.97 0.00    0.00%
14/04 - Closed. Currency in USD ( Disclaimer )
Type:  Equity
Market:  United States
  • Volume: 0
  • Bid/Ask: 0.00 / 0.00
  • Day's Range: 21.97 - 22.01
Michaels 21.97 0.00 0.00%

MIK Balance Sheet

 
Featured here, the Balance Sheet for The Michaels Companies Inc, which summarizes the company's financial position including assets, liabilities and shareholder equity for each of the latest 4 period ending dates (either quarterly or annually).
AnnualQuarterly
InvestingPro Advanced Balance Sheet
Period Ending: 2021
30/01
2020
31/10
2020
01/08
2020
02/05
Total Current Assets 2272.29 2116.39 1764.57 2112.36
Cash and Short Term Investments 1194.39 852 651.12 926.83
Cash - - - -
Cash & Equivalents 1194.39 852 651.12 926.83
Short Term Investments - - - -
Total Receivables, Net 14.04 24.23 31.04 23.34
Accounts Receivables - Trade, Net 14.04 24.23 31.04 23.34
Total Inventory 1007.04 1170.5 1021.69 1110.76
Prepaid Expenses 56.82 69.66 60.72 51.44
Other Current Assets, Total - - - -
Total Assets 4528.4 4263.32 3923.35 4307.57
Property/Plant/Equipment, Total - Net 2067.12 1957.59 1964.89 1997.14
Property/Plant/Equipment, Total - Gross 1801.3 1772.47 1738.88 1713.23
Accumulated Depreciation, Total -1328.74 -1356.94 -1326.62 -1292.97
Goodwill, Net 94.29 94.29 94.29 94.29
Intangibles, Net 57.12 58.67 59.84 64.51
Long Term Investments - - - -
Note Receivable - Long Term - - - -
Other Long Term Assets, Total 37.58 36.38 39.76 39.27
Other Assets, Total - - - -
Total Current Liabilities 1715.7 1734.5 1379.2 1764.46
Accounts Payable 858.79 895.2 627.62 443.91
Payable/Accrued - - - -
Accrued Expenses 812.9 774.54 697.54 686.27
Notes Payable/Short Term Debt - - - -
Current Port. of LT Debt/Capital Leases 16.7 16.7 24.9 624.9
Other Current liabilities, Total 27.31 48.06 29.14 9.38
Total Liabilities 5725.57 5653.25 5433.23 5823
Total Long Term Debt 2480.95 2483.7 2633.64 2639.05
Long Term Debt 2480.95 2483.7 2633.64 2639.05
Capital Lease Obligations - - - -
Deferred Income Tax 54.2 - - -
Minority Interest - - - -
Other Liabilities, Total 1474.72 1435.05 1420.39 1419.49
Total Equity -1197.17 -1389.93 -1509.88 -1515.42
Redeemable Preferred Stock, Total - - - -
Preferred Stock - Non Redeemable, Net - - - -
Common Stock, Total 9.51 9.91 9.9 9.89
Additional Paid-In Capital - 22.96 18.05 13.72
Retained Earnings (Accumulated Deficit) -1193.23 -1398.5 -1509.62 -1501.86
Treasury Stock - Common - - - -
ESOP Debt Guarantee - - - -
Unrealized Gain (Loss) - - - -
Other Equity, Total -13.44 -24.3 -28.21 -37.17
Total Liabilities & Shareholders' Equity 4528.4 4263.32 3923.35 4307.57
Total Common Shares Outstanding 141.61 147.55 147.44 147.34
Total Preferred Shares Outstanding - - - -
* In Millions of (except for per share items)
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MIK Comments

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Kalzhigit Esmahan
Kalzhigit Esmahan Mar 03, 2021 12:42PM ET
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time to short
PHILIP DIEFFENBACHER
PHILIP DIEFFENBACHER Sep 03, 2020 6:59AM ET
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WHY WOULD ANYONE GO LONG ON MIK.1. Their debt to equiry ratio is 115% - yes they have 15% more debt than assets. 2. They have over 500 phisical stores; the leases and other overhead must be ********them.3. Amazon, Hobby Lobby & Joann are taking their market share. 4. They might have sold more tjiw last quarter vs others yet this is comming from a low base but the stock has more than doubleld in tje last 3-4 months!!! 5. Look at M or KSS or even BestBuy way too much way too fast but more importantly the fact is this company has way too much debt, way too much overhead and cometition taking market share!!!!
Angus Malarkey
Angus Malarkey Sep 03, 2020 6:59AM ET
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I don't own Michael's but every woman I know LOVES to shop there.  Additionally, they hired THE Big Gun from Wal-Mart's internet sales.  From the looks of the earnings report, She was a profitable addition.
ThiamSiew Lee
ThiamSiew Lee Sep 01, 2020 6:09AM ET
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is it good decision to hold it now or sell?
Angus Malarkey
Angus Malarkey Sep 01, 2020 6:09AM ET
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Why sell now when it appears they are righting the ship?
Derek de Roos
Derek de Roos Sep 01, 2020 6:09AM ET
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I sold half my shares at 100% up
ThiamSiew Lee
ThiamSiew Lee Aug 21, 2020 10:21AM ET
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wow!!rocket!
Donnie Pangborn
Donnie Pangborn Jun 18, 2020 1:30PM ET
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Whose here because the Big Short guy went big on michaels? lol
Reinold Vrielink
PreacherAv Jun 08, 2020 5:06AM ET
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stabilize above 6?
Itay Alon
Itay Alon May 12, 2020 2:32AM ET
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We're heading towards 5$ 🚀
Rick Schoder
Rick Schoder May 12, 2020 2:32AM ET
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What makes you say that?
Itay Alon
Itay Alon May 12, 2020 2:32AM ET
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Rick Schoder  you see....  but  I don't think It will go above 5$ for the short term, the company is in deep ********
Zambi rambi
Zambi2019 Dec 27, 2019 3:00PM ET
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Will run like Riteaid RAD
DJ Puls
DJ Puls Sep 10, 2019 2:30PM ET
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...and old shorts are gone, new shorts will drive this higher....big boys are moving their money around out of the S$P 500....analysis will have to reevaluate.
jason lawrence
jason lawrence Aug 09, 2019 5:21AM ET
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like jcpenney and Sears. just wish I had more money to short
 
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