Click on Consolidated Balance Sheet. What is the ratio of Total Current and Non-Current Liabilities...
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Click on Consolidated Balance Sheet. What is the ratio of Total Current and Non-Current Liabilities to Total Assets for the past two periods? Anything over 70 percent is considered too high. How does Barnes & Noble look?
BARNES & NOBLE EDUCATION, INC. AND SUBSIDIARIES Consolidated Statements of Operations (In thousands, except per share data) 53 weeks ended May 2, 2020 52 weeks ended April 27, 2019 52 weeks ended April 28, 2018 1,671,200 $ 179,863 1,851,063 1,838,760 $ 195,883 2,034,643 1,984,472 219,145 2,203,617 Sales: Product sales and other Rental income Total sales. Cost of sales: Product and other cost of sales Rental cost of sales Total cost of sales. Gross profit... Selling and administrative expenses Depreciation and amortization expense. Impairment loss (non-cash) Restructuring and other charges Transaction costs. Operating loss Interest expense, net Loss before income taxes Income tax benefit. Net loss 1,303,702 104,812 1,408,514 442,549 404,472 61,860 433 18,567 1,395,339 111,578 1,506,917 527,726 423,880 65,865 57,748 7,233 654 (27,654) 9,780 (37,434) (13,060) (24,374) S 1,522,687 123,697 1,646,384 557,233 433,746 65,586 313,130 5,429 2,045 (262,703) 10.306 (273,009) (20,443) (252,566) (42,783) 7,445 (50,228) (11,978) (38,250) S $ $ (0.80) S (0.80) S (0.52) $ (0.52) $ (5.40) (5.40) $ Loss per share of Common Stock Basic Diluted Weighted average shares of Common Stock outstanding: Basic Diluted 48,013 48,013 47,306 47,306 46,763 46,763 See accompanying notes to consolidated financial statements. Screenshot Consolidated Balance Sheets (In thousands, except per share data) As of May 2, 2020 April 27, 2019 $ 8.242 S 90,851 428,939 40,710 16,177 584,919 97,739 250,837 175,125 4,700 7,805 35,307 1,156,432 S 14,013 98,246 420,322 47,001 11,778 591,360 109,777 194,978 4,700 2,425 42,940 946,180 ASSETS Current assets: Cash and cash equivalents Receivables, net Merchandise inventories, net.. Textbook rental inventories Prepaid expenses and other current assets Total current assets Property and equipment, net Operating lease right-of-use assets Intangible assets, net... Goodwill Deferred tax assets, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable. Accrued liabilities Current operating lease liabilities. Short-term borrowings. Total current liabilities Long-term operating lease liabilities Other long-term liabilities. Long-term borrowings.. Total liabilities.. Commitments and contingencies. Stockholders' equity: Preferred stock, $0.01 par value; authorized, 5,000 shares; issued and outstanding, none. Common stock, $0.01 par value; authorized, 200,000 shares; issued, 52,140 and 51,030 shares, respectively, outstanding, 48,298 and 47,563 shares, respectively Additional paid-in capital. Accumulated deficit Treasury stock, at cost Total stockholders' equity Total liabilities and stockholders' equity... 186,818 121,720 143,678 $ 95,420 92,571 75,000 406,669 186,142 46,170 99,700 100,000 408,538 53,514 33,500 738.681 495,552 521 732,958 (282,827) (32,901) 417,751 1,156,432 $ 510 726,331 (244,577) (31,636) 450,628 946,180 See accompanying notes to consolidated financial statements. Screenshot Whousands 53 weeks ended May 2, 2020 52 weeks ended April 27, 2019 52 weeks ended April 28, 2018 (38,250) $ (24,374) S (252,566) 65,586 61,860 4,082 1,095 433 (5,380) 6,638 18,399 (6,480) (58,500) (16,103) 65,865 1,096 1,550 57,748 (4,531) 9,017 1,502 313,130 (14,765) 8,459 (6,314) 20,760 120,817 (36,823) (24,481) 60,042 (36,192) (46,420) (10,000) Cash flows from operating activities: Net loss Adjustments to reconcile net loss to net cash flows from operating activities: Depreciation and amortization expense Content amortization expense Amortization of deferred financing costs. Impairment loss (non-cash) Deferred taxes Stock-based compensation expense. Changes in operating lease right-of-use assets and liabilities Changes in other long-term liabilities and other Changes in other operating assets and liabilities, net. Net cash flows (used in) provided by operating activities .. Cash flows from investing activities: Purchases of property and equipment Acquisition of business, net of cash and restricted cash acquired. Changes in other noncurrent assets and other Net cash flows used in investing activities.. Cash flows from financing activities: Proceeds from borrowings under Credit Agreement Repayments of borrowings under Credit Agreement. Payment of deferred financing costs Purchase of treasury shares Net cash flows provided by (used in) financing activities Net decrease in cash, cash equivalents, and restricted cash. Cash, cash equivalents, and restricted cash at beginning of period. Cash, cash equivalents, and restricted cash at end of period. Changes in other operating assets and liabilities, net: Receivables, net Merchandise inventories Textbook rental inventories Prepaid expenses and other current assets Accounts payable and accrued liabilities Changes in other operating assets and liabilities, net (42,809) (58,259) 1,036 (100,032) 6,600 1,774 (29,592) (54,646) 600,900 (559,700) 674,500 (637,700) (1,265) 39,935 (5,760) 14,768 9,008 $ 521,200 (584,100) (3,395) (1,977) (68,272) (2,101) 16,869 14,768 $ (1,638) 35,162 (4,828) 21,697 16,869 7,320 S (8,617) 6,291 (4,399) (59,095) (58,500) $ 1,814 $ 23,237 778 69 (5,138) 20,760 $ (13,670) (9,495) 5,047 (2,648) (3,715) (24,481) Supplemental cash flow information: Cash paid during the period for: Interest paid. Income taxes paid (net of refunds).. See accompanying notes to consolidated financial statements. 6,796 $ (4,141) $ 8,589 $ 10,277 S 8,035 25,549 Screenshot BARNES & NOBLE EDUCATION, INC. AND SUBSIDIARIES Consolidated Statements of Equity (In thousands) Common Stock Shares Amount 50,032 $ 501 Additional Paid-In Capital $ 717,323 Accumulated Deficit (220,203) Treasury Stock Shares Amount 3,115 $ (29,658) $ Total Equity 467,963 9,017 9,017 (9) 998 9 352 (1,978) Balance at April 28, 2018 .. Stock-based compensation expense ......... Vested equity awards...... Shares repurchased for tax withholdings for vested stock awards .... Net loss Balance at April 27, 2019.. Stock-based compensation expense Vested equity awards..... Shares repurchased for tax withholdings for vested stock awards Net loss.. Balance at May 2, 2020... (24,374) (244,577) (1,978) (24,374) 450,628 51,030 S 510 $ 726,331 $ 3,467 $ (31,636) $ 6,638 6,638 (11) 1,110 11 375 (1,265) (38,250) (282,827) (1,265) (38,250) 417,751 52,140 S 521 $ 732,958 3,842 $ (32,901) $ See accompanying notes to consolidated financial statements. Screenshot
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