Stock Analysis on Net
Stock Analysis on Net

Chevron Corp. (NYSE:CVX)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Chevron Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Short-term debt 0.20 0.76 0.11 0.65 1.38
Accounts payable 7.81 7.36 6.87 4.57 5.94
Accrued liabilities 2.93 2.90 2.91 3.26 2.78
Federal and other taxes on income 0.71 1.70 0.71 0.38 0.65
Other taxes payable 0.68 0.55 0.59 0.40 0.42
Current liabilities 12.33% 13.27% 11.18% 9.25% 11.17%
Long-term debt, excluding debt due within one year 7.76 8.29 12.99 17.84 9.98
Deferred credits and other noncurrent obligations 9.26 7.91 8.67 8.48 8.61
Noncurrent deferred income taxes 7.20 6.65 6.12 5.24 5.77
Noncurrent employee benefit plans 1.56 1.69 2.61 3.84 3.31
Noncurrent liabilities 25.78% 24.55% 30.39% 35.40% 27.67%
Total liabilities 38.11% 37.82% 41.58% 44.65% 38.84%
Redeemable noncontrolling interest 0.06 0.06 0.06 0.05 0.00
Preferred stock, $1.00 par value; none issued 0.00 0.00 0.00 0.00 0.00
Common stock, $0.75 par value 0.70 0.71 0.76 0.76 0.77
Capital in excess of par value 8.17 7.24 7.21 7.02 7.27
Retained earnings 76.45 73.74 69.11 66.88 73.68
Accumulated other comprehensive losses -1.13 -1.09 -1.62 -2.34 -2.10
Deferred compensation and benefit plan trust -0.09 -0.09 -0.10 -0.10 -0.10
Treasury stock, at cost -22.58 -18.70 -17.31 -17.31 -18.78
Total Chevron Corporation stockholders’ equity 61.52% 61.81% 58.06% 54.92% 60.74%
Noncontrolling interests 0.31 0.32 0.31 0.38 0.42
Total equity 61.83% 62.12% 58.37% 55.30% 61.16%
Total liabilities and equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Chevron Corp. current liabilities as a percentage of total liabilities and equity increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Chevron Corp. noncurrent liabilities as a percentage of total liabilities and equity decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Chevron Corp. total liabilities as a percentage of total liabilities and equity decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Total Chevron Corporation stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Chevron Corp. total Chevron Corporation stockholders’ equity as a percentage of total liabilities and equity increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.