Schlagwort-Archive: cash

Are Facebook, Amazo, Apple, Netflix and Alphabet really dangerous influencers?

Analysts denominate the successful tech-giants Facebook, amazon, Apple, Netflix and Google as FAANG. The value of this 5 Corporations is mor ethan 3 bio $. With that capital this corporates are able to bias tax policies, international agreements and other politics the way they like. Politics become sensible of that problem and want to split this giants into different companies.

 

Corporation

Value 2019

Equity Capital 2018

Facebook

415,9bio€

84,127bioUSD

Amazon

853,8bio€

27,709bioUSD

Apple

847,2bio€

107.147bioUSD

Neflix

146,3bio€

2.239bioUSD

Alphabet

650,1bio€ (Alphabet A)

177.628bioUSD

Finanzen.net

Macrotest data showed also a high increasing cash on hand.

Facebook cash on hand for 2016 was $29.449bio, a 59.75% increase from 2015

Facebook cash on hand for 2017 was $41.711bio, a 41.64% increase from 2016

Facebook cash on hand for 2018 was $41.114bio, a 1.43% decline from 2017

Facebook cash on hand for the quarter ending March 31, 2019 was $45.243bio, a 2.93% increase year-over-year

 

Amazon cash on hand for 2016 was $25.981bio, a 31.16% increase from 2015

Amazon cash on hand for 2017 was $30.986bio, a 19.26% increase from 2016

Amazon cash on hand for 2018 was $41.25bio, a 33.12% increase from 2017

Amazon cash on hand for the quarter ending March 31, 2019 was $37.020bio, a 48.3% increase year-over-year.

 

Apple cash on hand for 2016 was $67.155bio, a 61.43% increase from 2015

Apple cash on hand for 2017 was $74.181bio, a 10.46% increase from 2016

Apple cash on hand for 2018 was $66.301bio, a 10.62% decline from 2017

Apple cash on hand for the quarter ending March 31, 2019 was $80.092bio, a 8.92% decline year-over-year

 

Netflix cash on hand for 2016 was $1.734bio, a 24.97% decline from 2015

Netflix cash on hand for 2017 was $2.823bio, a 62.81% increase from 2016

Netflix cash on hand for 2018 was $3.794bio, a 34.42% increase from 2017

Netflix cash on hand for the quarter ending March 31, 2019 was $3.349bio, a 29.11% increase year-over-year

 

Alphabet cash on hand for 2016 was $86.333bio, a 18.16% increase from 2015

Alphabet cash on hand for 2017 was $101.871bio, a 18% increase from 2016

Alphabet cash on hand for 2018 was $109.14bio, a 7.14% increase from 2017

Alphabet cash on hand for the quarter ending March 31, 2019 was $113.488bio, a 10.31% increase year-over-year

With a cash on hand of 113.488bio$ Alphabet could buy an African country or a corporation if its like and accumulated this 5 corporations have a cash, dated at the end of the first quarter, of 2019 of 279.19bio$. By comparison the budget of Germany in 2019 is 356.4 bio € and it‘s BIP in 2018 was 3,996.76bioUSD. The BIP of Togo in Africa in 2018 was 5bio$. The BIP of the USA in 2018 was 20,494.1bio$ the federal budget of 2019 is 4.407 trillion$.

A quarter of the federal budget of the USA owns the 25 richest families in the world, namely 1100bio$. That estimates capital.de in a report at June, 24th of 2019. The richest family Walton has a fortune of estimated 151.5bio$. The family regained the Walmart Imperium and and owns more than 50% of its assetts. The wealth  of the family overtakes the worth of Netflix.

The brothers David and Charles Koch are the owner of Koch Industries and are valued with 98.7bio$. They support active the political right wing sector with high valued donors.

The Mars family controls the schocolate imperium Mars which produces candy bars and food for animals. Their fortune is estimated 89.7mrd$.

Any of that families is able to bias states and work as a political influencer. The families have tradition and are well connected. The tech giants and their owners will live in their tradition.

The table below shows the donors of David and Charles Koch in 2012.

Source: Wikipedia.org;  Robert Maguire – http://www.opensecrets.org/news/assets_c/2014/01/flow%20final-11708.html[toter Link], CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=30598829

 

 

 

 

 

 

 

Global crisis? Where to invest in difficult situation

The strong debts in $ are a crucial faktor for the economy of China, Japan, EU and USA. Also for the emerging markets could the strengthening US $ become critical. Japan has a debt of more than 200% of GDP. It has no other possibility as to pay the debt draw upon quantitative easing. German exports will advance with a weaker € and will be competitive with Japan that way. But EU need a common fiscal politik to get rid of the debt crisis of it’s memeber states. But without a debt crisis the parlament will not install an integrative fiscal politic.

Also USA has to decrease the debt. Total average debt per US citizen is at 192,510$, the average personal debt per US citizen is at 52,773$, both at high level. The total debt is nearly the 6-fold of the tax revenue and over 100% of GDP. Prof Larry Kotlikoff estimate the uncovered debt at a value of 220 trio $. The QE in USA helped the banks, but didn’t influence the real economy in self-sutaining way. But the assets are increasing, so the investors could be content. But the US assets are very high valued. Between 2009 and 2014 the S&P 500 increases by 85% while the global equity market increases only by 12%. The stock exchanges of the emerging markets partially decreases.

Globally the debts are increasing from 87trio$ in 2000 to 141trio$ in 2007 and 199 trio$ in the middle of 2014.

From 2008 to 2014 the cash generation in USA increases about 10 trio$, normally a very strong stimuli for the economy. Nonethless the economy slows to recession by stagnant development of prices. Additionally the prices for commodities did fall in the last year. If there would be a strong demand the prices would increase. Falling commodity prices are also a sign for a slowing industry.

Measured on price-earnings ratio the stock exchange was only more high-priced at the end of the 1990th and in the year 1929. Both dates are warning signs for a crash scenario.

Investors have high sentiment, assets are increasing but the transport sector slows. A booming industry needs goods and where goods are needed the goods have to be transported. A slowing transport sector is a sign for slowing economy. And industry is producing for their stocks which increases the offer by slowing demand. The industry prices are falling since 4 months. Further the strong US $ will decrease the export. This could influence the consumer prices. US economy is still stagnant even though the US weapon industry booms. The US stimuli for the economy had no sustainable grip in the economy and the labor market, So FED will not increase the rate and slowing profits were often the reason for crisis. The PMI of USA decreased from 57.9 to 51.5. The profit of the large corporates for 2014 decreases compared yty.

We had in 2014 in USA a very good year for IPO’s. Benessaince Capital declared that 273 companies delivered 84.9 bio$. The best sentiment for IPO’s is always at the end of a boom, because investors have a lot of money to invest. Carry trades, margin debt and lombard credits in February 2015 obtained 465 bio $. A very high level and no problem as long as the stock exchanges are booming. But if the market slows the broker will find no more money and has to close his positions. That could turn into a sharp drop at the indizes.

So there are some reasons not to invest broadly in the US economy. Also the EU and China has to be obeyed carefully to find the right values to invest. Africa, which economies which have high GDP growth, is political very unstable, so the investment in African states have to be very well-considered and China has it’s fight against the housing bubble, slowing economy and the consequential mortgage crisis. Investors should think about conservative investments like pharmacy or foodstoff like Nestle or Fronterra. Another niche could be industry values related to the US arms industry, because the Arabien states and Israel are buying high value of US weapons for their fight against Al Qaeda and other rebels. So Israel bought for 1,87 bio$ weapons

The strong debts in $ are a crucial faktor for the economy of China, Japan, EU and USA. Also for the emerging markets could the strengthening US $ become critical. Japan has a debt of more than 200% of GDP. It has no other possibility as to pay the debt draw upon quantitative easing. German exports will advance with a weaker € and will be competitive with Japan that way. But EU need a common fiscal politik to get rid of the debt crisis of it’s memeber states. But without a debt crisis the parlament will not install an integrative fiscal politic.

Also USA has to decrease the debt. Total average debt per US citizen is at 192,510$, the average personal debt per US citizen is at 52,773$, both at high level. The total debt is nearly the 6-fold of the tax revenue and over 100% of GDP. Prof Larry Kotlikoff estimate the uncovered debt at a value of 220 trio $. The QE in USA helped the banks, but didn’t influence the real economy in self-sutaining way. But the assets are increasing, so the investors could be content. So the US assets are very high valued. Between 2009 and 2014 the S&P 500 increases by 85% while the global equity market increases only by 12%. The stock exchanges of the emerging markets partially decreases.

Globally the debts are increasing from 87trio$ in 2000 to 141trio$ in 2007 and 199 trio$ in the middle of 2014.

From 2008 to 2014 the cash generation in USA increases about 10 trio$, normally a very strong stimuli for the economy. Nonethless the economy slows to recession by stagnant development of prices. Additionally the prices for commodities did fall in the last year. If there would be a strong demand the prices would increase. Falling commodity prices are also a sign for a slowing industry.

Measured on price-earnings ratio the stock exchange was only more high-priced at the end of the 1990th and in the year 1929. Both dates are warning signs for a crash scenario.

Investors have high sentiment, assets are increasing but the transport sector slows. A booming industry needs goods and where goods are needed the goods have to be transported. A slowing transport sector is a sign for slowing economy. And industry is producing for their stocks which increases the offer by slowing demand. The industry prices are falling since 4 months. Further the strong US $ will decrease the export. This could influence the consumer prices. US economy is still stagnant even though the US weapon industry booms. The US stimuli for the economy had no sustainable grip in the economy and the labor market, So FED will not increase the rate and slowing profits were often the reason for crisis. The PMI of USA decreased from 57.9 to 51.5. The profit of the large corporates for 2014 decreases compared yty.

We had in 2014 in USA a very good year for IPO’s. Benessaince Capital declared that 273 companies delivered 84.9 bio$. The best sentiment for IPO’s is always at the end of a boom, because investors have a lot of money to invest. Carry trades, margin debt and lombard credits in February 2015 obtained 465 bio $. A very high level and no problem as long as the stock exchanges are booming. But if the market slows the broker will find no more money and has to close his positions. That could turn into a sharp drop at the indizes.

So there are some reasons not to invest broadly in the US economy. Also the EU and China has to be obeyed carefully to find the right values to invest. Africa, which economies which have high GDP growth, is political very unstable, so the investment in African states have to be very well-considered and China has it’s fight against the housing bubble, slowing economy and the consequential mortgage crisis. Investors should think about conservative investments like pharmacy or foodstoff like Nestle or Fronterra. Another niche could be industry values related to the US arms industry, because the Arabien states and Israel are buying high value of US weapons for their fight against Al Qaeda and other rebels. So Israel bought for 1,87 bio$ weapons from USA incl bunker-buster-bombs and anti-air missiles. Saudi Arabia bought 10 Seahawk helicopters and 100 Hellfire rockets. And Qatar made a 11bio$ weapon deal with the USA. And Russia has it’s fight with the sanctions. But if Russia can handle the sanctions it could be also worht to think about a awell-considered investment,  because the values had a big drop and could turn up.

See also:

http://fritzfische.de/finance/?p=14