Question

The Walt Disney Company is listed as Ticker Symbol “DIS” on the New York Stock Exchange. The Industry is listed under Consumer Services. Summarize in no more than 350 words the most frequently found long-term assets and long-term liabilities, as well as any unique assets or liabilities that were not common among the companies.

Answer 1

The most frequently found long term assets and long term liabilities in case of companies in the consumer services industry (like Walt Disney) are different from companies in other industries like the capital goods industry.

In terms of assets companies in the consumer services industry will have long term assets like land and buildings. These companies do not have much different types of capital assets but have more of current assets and intangible assets (like goodwill).

In terms of liabilities companies in the consumer services industry will have long term liabilities like long term borrowings, long term debt, deferred income taxes and other long term liabilities.

Unique assets in cases of companies like Disney are assets like “attractions” (this is a fixed asset and is clubbed under parks, resorts, and other property), projects in progress, and films and television costs.

Unique liabilities in cases of companies like Disney are liabilities like contingencies and commitments that may arise due to contractual commitments with regards to its broadcasting rights for sports, feature films, and other programming.