Stock Analysis on Net

Amazon.com Inc. (NASDAQ:AMZN)

$24.99

Common-Size Balance Sheet: Assets

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Amazon.com Inc., common-size consolidated balance sheet: assets

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash and cash equivalents
Marketable securities
Inventories
Customer receivables, net
Vendor receivables, net
Other receivables, net
Prepaid expenses and other current assets
Accounts receivable, net and other
Current assets
Property and equipment, net
Operating leases
Goodwill
Other assets
Long-term assets
Total assets

Based on: 10-K (reporting date: 2024-12-31), 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).

Cash and Cash Equivalents
The proportion of cash and cash equivalents relative to total assets exhibited fluctuations over the analyzed periods, initially decreasing from 13.11% in 2020 to 8.61% in 2021, followed by a recovery to 13.9% in 2023 before slightly declining to 12.61% in 2024.
Marketable Securities
This category displayed a significant decline from 14.23% in 2021 to 3.49% in 2022, maintaining relatively lower levels thereafter with a slight increase to 3.59% in 2024. This indicates a reduction in liquid investment assets proportionally to total assets.
Inventories
The inventory percentage of total assets showed a consistent downward trend, decreasing from 7.76% in 2021 to 5.48% in 2024, suggesting either improved inventory turnover or a strategic reduction in stock holdings.
Customer Receivables, Net
A gradual increase was observed in customer receivables as a percentage of total assets from 4.61% in 2020 to a peak of 6.46% in 2023, followed by a decrease to 5.49% in 2024. This trend may reflect changes in credit policy or sales structure.
Vendor Receivables, Net
The proportion of vendor receivables exhibited minor fluctuations but showed a steady increase in the latter periods, ending at 1.86% in 2024 compared to 1.49% in 2020, indicating a growing amount of receivables from suppliers or partners.
Other Receivables, Net
Other receivables increased notably from 0.12% in 2020 to 0.95% in 2022, then declined to 0.54% by 2024, reflecting volatility in miscellaneous receivables that may arise from diverse operational activities.
Prepaid Expenses and Other Current Assets
This ratio remained relatively stable, fluctuating within a narrow range around 1%, showing limited variation in prepaid and other current asset categories.
Accounts Receivable, Net and Other
The combined accounts receivable and other related assets increased from 7.64% in 2020 to 9.9% in 2023 before decreasing to 8.87% in 2024, indicating an overall growth followed by a moderate contraction in receivables-related assets.
Current Assets
The total current assets as a percentage of total assets consistently declined from 41.32% in 2020 to 30.54% in 2024, suggesting a strategy of reduced short-term asset holdings or a shift towards more long-term investments.
Property and Equipment, Net
The net property and equipment proportion exhibited an upward trajectory, rising from 35.22% in 2020 to 40.43% in 2024, reflecting ongoing investment in fixed assets or capitalization of capital expenditures.
Operating Leases
The share of operating leases showed a gradual increase from 11.69% to a peak of 14.29% in 2022, followed by a decline to 12.18% in 2024, indicating variable commitment to lease agreements within the asset base.
Goodwill
Goodwill as a percentage of total assets decreased from 4.68% in 2020 to 3.69% in 2024, suggesting either impairment charges, disposals, or slower acquisition activity generating goodwill.
Other Assets
Other assets demonstrated a significant increase from 7.09% in 2020 to 13.15% in 2024, highlighting a rising allocation toward miscellaneous or non-categorized asset classes.
Long-term Assets
The long-term asset ratio increased steadily from 58.68% in 2020 to 69.46% in 2024, indicating a strategic emphasis on longer-duration asset investments relative to total assets.