Marvell Technology Group Ltd. (MRVL) financial statements (2021 and earlier)

Company profile

Business Address CANON'S COURT
HAMILTON HM 12, NA
State of Incorp.
Fiscal Year End January 31
SIC 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

1/31/2020
Q4
10/31/2019
Q3
7/31/2019
Q2
4/30/2019
Q1
1/31/2019
Q4
10/31/2018
Q3
7/31/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:648438573572582610524
Cash and cash equivalents648438573572582610499
Short-term investments      25
Other undisclosed cash, cash equivalents, and short-term investments0(0)(0)0(0)(0)0
Receivables492495453470493454443
Inventory, net of allowances, customer advances and progress billings323308240261276376473
Inventory323308240261276376473
Deferred costs    0  
Disposal group, including discontinued operation 601598    
Other undisclosed current assets744438404480103
Total current assets:1,5371,8871,9011,3431,3951,5201,544
Noncurrent Assets
Property, plant and equipment357316320327319313328
Intangible assets, net (including goodwill)8,1027,6627,3347,9818,0558,1398,216
Goodwill5,3375,1614,9345,5005,4955,4995,498
Intangible assets, net (excluding goodwill)2,7652,5002,4002,4812,5612,6392,718
Deferred income tax assets640   
Other noncurrent assets497439426403247260276
Other undisclosed noncurrent assets   (5)   
Total noncurrent assets:9,5968,4178,0808,7058,6218,7128,819
TOTAL ASSETS:11,13310,3039,98110,04810,01710,23210,363
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities433446398465441447394
Accounts payable214213211191185210196
Accrued liabilities639478114936060
Employee-related liabilities15013091122116142127
Taxes payable691737471810
Interest and dividends payable     17 
Deferred revenue111117123132
Debt29282728 5976
Restructuring reserve14595272625
Disposal group, including discontinued operation 66   4
Contract with customer, liability142122106
Other undisclosed current liabilities1235359182634
Total current liabilities:710654621647637656608
Noncurrent Liabilities
Long-term debt and lease obligation1,4392,0361,6851,6841,7331,8061,879
Long-term debt, excluding current maturities1,4392,0361,6851,6841,7331,8061,879
Liabilities, other than long-term debt3054474714869592103
Accounts payable and accrued liabilities 485057595452
Deferred income tax liabilities31214243250
Restructuring reserve     56
Other liabilities274184178180353344
Other undisclosed noncurrent liabilities    246103108
Total noncurrent liabilities:1,7442,4832,1572,1712,0742,0012,090
Total liabilities:2,4553,1372,7772,8182,7102,6572,698
Stockholders' equity
Stockholders' equity attributable to parent8,6797,1667,2047,2307,3067,5757,665
Common stock1111111
Additional paid in capital6,1366,3566,2716,2006,1896,1576,154
Accumulated other comprehensive income 0     
Retained earnings2,5418099311,0291,1161,4171,510
Total stockholders' equity:8,6797,1667,2047,2307,3067,5757,665
TOTAL LIABILITIES AND EQUITY:11,13310,3039,98110,04810,01710,23210,363

Income statement (P&L) ($ in millions)

1/31/2020
Q4
10/31/2019
Q3
7/31/2019
Q2
4/30/2019
Q1
1/31/2019
Q4
10/31/2018
Q3
7/31/2018
Q2
Revenues718662657662745851665
Cost of revenue
(Cost of Goods and Services Sold)
(413)(322)(306)(301)(423)(467)(288)
Gross profit:305340351361322384377
Operating expenses(252)(488)(472)(423)(362)(377)(350)
Other undisclosed operating income (loss)(167)877541(13)(27)(35)
Operating loss:(114)(62)(46)(21)(53)(21)(8)
Nonoperating income (expense)1,0402(1)1(55)(2)1
Investment income, nonoperating 111 14
Other nonoperating income (expense) 1(2)(0) (3)(3)
Interest and debt expense(23)(21)(21)(21)(22)(22)(16)
Other undisclosed income from continuing operations before equity method investments, income taxes86   60  
Income (loss) from continuing operations before equity method investments, income taxes:988(81)(68)(41)(69)(44)(23)
Other undisclosed loss from continuing operations before income taxes(0)      
Income (loss) from continuing operations before income taxes:988(81)(68)(41)(69)(44)(23)
Income tax expense (benefit)784(2)11(7)(191)(9)30
Net income (loss) available to common stockholders, diluted:1,773(83)(57)(48)(261)(54)7

Comprehensive Income ($ in millions)

1/31/2020
Q4
10/31/2019
Q3
7/31/2019
Q2
4/30/2019
Q1
1/31/2019
Q4
10/31/2018
Q3
7/31/2018
Q2
Net income (loss):1,773(83)(57)(48)(261)(54)7
Other comprehensive income 0     
Other undisclosed comprehensive income    2  
Comprehensive income (loss):1,773(82)(57)(48)(258)(54)7
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(0)   (2) 2
Comprehensive income (loss), net of tax, attributable to parent:1,773(82)(57)(48)(261)(54)9

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: