Financial Statements

Markel Corporation (MKL)

$1521.48

-5.87 (-0.38%)

Balance Sheet Statement

All numbers are in thousands
Year XLSX
2023
XLSX
2022
XLSX
2021
XLSX
2020
XLSX
2019
Total assets 43,444,96663,442,73863,628,15241,970,58848,729,793
Total Current Assets 11,538,3662,988,47628,073,27624,977,11721,520,478
Cash and Short Term Investments 10,211,86618,663,52918,365,78317,057,56914,239,964
Cash and cash equivalents 4,332,0344,137,4323,978,4904,341,7363,072,807
Short Term Investments 3,750,72614,526,09714,387,29312,715,83311,167,157
Receivables 12,690,80711,407,8019,707,4937,919,5487,280,514
Inventory -22,902,673-27,082,407-9,113,773-9,597,695303,053
Other Current Assets 11,538,366-4479,113,7739,597,695-303,053
Total non-current Assets 31,906,6004,386,30227,682,84624,097,28522,804,934
Property, Plant & Equipment Net 1,928,8331,726,7041,633,7021,160,418441,934
Goodwill and Intangible Assets 4,213,4334,386,3024,271,6264,387,3424,047,022
Goodwill 4,213,4334,386,3024,271,6264,387,3424,047,022
Intangible Assets 1,588,6841,747,4641,822,4861,782,7181,738,474
Long Term Investments 605,90022,198,00923,411,22019,709,94318,757,912
Other non-current Assets 25,134,934-23,961,913-1,652,102-1,164,318-22,804,934
Other Assets -56,067,9607,872,030-7,103,8144,404,381
Total liabilities 27,919,07349,791,25948,448,86628,910,26537,473,815
Total current liabilities 15,516,9378,664,6267,492,9826,230,1295,660,135
Payables 1,037,7228,664,6267,492,9826,230,1295,660,135
Short Term debt 201,995500,491-126,804113,048
Deferred revenue 29,4008,164,135-6,103,3255,547,087
Other Current Liabilities 14,247,820-8,664,626-7,492,982-6,230,129-5,660,135
Total non-current liabilities 12,402,1364,103,6294,361,2663,484,0233,534,183
Long Term debt 3,703,6464,103,6294,361,2663,484,0233,534,183
Other non-current Liabilities 3,108,0032,717,271-4,361,266-3,484,023-3,534,183
Total shareholders equity 14,983,92813,065,53414,695,04812,799,78911,070,867
Common Stock 3,517,1463,493,8933,441,0793,428,3403,404,919
Retained earnings 11,353,1019,836,82710,424,4618,195,1827,457,176
Accumulated Other Comprehensive Income Loss -478,210-857,077237,617584,376208,772
Total debt 4,437,0134,103,6294,361,2663,484,0233,534,183
Total Investments 4,356,62627,419,52228,292,16724,926,59222,258,265
Net Debt 104,979-33,803382,776-857,713461,376

Markel Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Markel Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.