IB passes $3 billion in liabilities in q2 2006

Discussion in 'Interactive Brokers' started by just21, Jul 29, 2006.

  1. just21

    just21

    q4 1999 $12,633,891
    q2 2000 $55,785,807 341.56%
    q4 2000 $89,996,028 61.32%
    q1 2001 $130,638,080 45.16%
    q2 2001 $145,169,293 11.12%
    q3 2001 $174,590,207 20.27%
    q4 2001 $231,721,899 32.72%
    q1 2002 $281,550,555 21.50%
    q2 2002 $335,660,538 19.22%
    q3 2002 $419,432,757 24.96%
    q4 2002 $519,003,375 23.74%
    q1 2003 $652,546,919 25.73%
    q2 2003 $786,023,335 20.45%
    q3 2003 $912,920,764 16.14%
    q4 2003 $1,059,484,562 16.05%
    q1 2004 $1,161,539,584 9.63%
    q2 2004 $1,258,110,507 8.31%
    q3 2004 $1,381,742,723 9.83%
    q4 2004 $1,525,054,608 10.37%
    q1 2005 $1,689,818,726 10.80%
    q2 2005 $1,890,315,996 11.87%
    q3 2005 $2,124,949,775 12.41%
    q4 2005 $2,412,665,646 13.54%
    q1 2006 $2,744,791,949 13.77%
    q2 2006 $3,116,641,386 13.55%


    http://www.interactivebrokers.com/download/IBLLC_2Q06_Unaud_Finls.pdf
     
  2. fhl

    fhl

    Read in somebody's blog, (so don't know if true), that an article in institutional investor mag about firm's founder said they have over 1 billion in rev and HALF of it is profit.
     
  3. just21

    just21

  4. Daal

    Daal

    are they on the verge of bankrupcy
     
  5. why don't you clowns go back to accounting 101

    instead of posting on ET

    :p
     
  6. Yes, genius, the more customers they have the more deposits they get, increasing their liabilities. Very risky strategy. They obviously would be much better off with no customers, get those liabilities down to zero.
     
  7. Gustaf

    Gustaf

    IB are doing fine after the heavy commissions they collected from me last week :)
     
  8. Babak

    Babak


  9. Daal, you are stupid person
     
  10. No, I don't think so.

    The word liabilities is misleading in this context since the $3,116,641,386 refers only to "Payable to customers". Others liabilities are exlcuded. The total liabilities are $3,245,016,934.

    The liabilities here in accounting do not equal to loans or something we need to settle as soon as possible. The figure alone says nothing as to whether a firm is on the verge of bankrupcy.

    There are some accounting ratios which may give you the idea of its debt settling capability (eg ratio of current assets to current liabilities)

    I hope this helps you to clear things up. :)
     
    #10     Jul 29, 2006