Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data
Paying user area
Try for free
Amgen Inc. pages available for free this week:
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Amgen Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Amgen Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)
Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
- Accounts Payable
- The accounts payable as a percentage of total liabilities and stockholders’ equity fluctuated moderately between 1.34% and 2.69% over the observed periods. After a decline through 2023, it generally trended upward in 2024, indicating a relative increase in short-term obligations owed to suppliers or vendors.
- Accrued Liabilities
- Accrued liabilities consistently represented a significant component of liabilities and equity, ranging between approximately 13.46% and 19.28%. An upward trend was seen from 2020 to late 2022, followed by some volatility but remaining elevated through 2025. This pattern suggests ongoing or increasing obligations recognized but not yet paid, possibly due to operational expenses or accrued interest.
- Current Portion of Long-Term Debt
- This component showed considerable volatility, with values ranging from a low of 0.14% to a high near 7.23%. Peaks were notable in mid-2021 and mid-2024, which may reflect scheduled debt repayments that were reclassified from long-term to current liabilities in those quarters.
- Current Liabilities
- Current liabilities moved within a range of approximately 15.4% to 25.75%. A general rising trend is visible in recent periods through 2025, highlighting an increase in short-term financial obligations. This trend could reflect changes in working capital management or short-term borrowing.
- Long-Term Debt, Excluding Current Portion
- Long-term debt consistently accounted for the largest share of liabilities and equity, with values between 47.61% and 68.49%. After peaking near 68.49% at the end of 2022, it gradually declined through 2025 but remained a dominant financial leverage component, indicating sustained reliance on long-term financing.
- Long-Term Deferred Tax Liabilities
- Introduced only from 2023 onward, this liability ranged modestly from 1.69% to 2.42%, contributing a small but stable portion of noncurrent liabilities.
- Long-Term Tax Liabilities
- This category experienced a notable decline over time from approximately 13.15% in early 2020 down to about 2.71% by early 2025, suggesting tax obligations were gradually reduced or restructured.
- Other Noncurrent Liabilities
- These liabilities stayed relatively stable at roughly 2.39% to 4.97%, showing minor fluctuations without a clear directional trend.
- Noncurrent Liabilities
- The noncurrent liabilities as a whole increased from about 61.8% in mid-2021 to a peak near 77.95% at the end of 2022, then declined gradually to around 67.31% in early 2025. This suggests an overall emphasis on long-term obligations with some deleveraging in the most recent periods.
- Total Liabilities
- Total liabilities rose from mid-80% levels in early 2020 to peak near 98.45% at the start of 2022, then generally stabilized around the low 90% range through 2025. This indicates a consistently high leverage position, with liabilities constituting the vast majority of the capital structure.
- Common Stock and Additional Paid-In Capital
- This equity component decreased sharply after 2021 from above 50% down to approximately 34%-37% in the 2023-2025 period, reflecting a substantial reduction in equity proportion relative to total liabilities and stockholders’ equity.
- Accumulated Deficit
- The accumulated deficit exhibited significant variation, worsening from about -30.71% in 2020 to nearly -50% in early 2022, then improving to around -27% in late 2023 before fluctuating around -30% through 2025. This profile indicates periods of higher accumulated losses with some recovery later.
- Accumulated Other Comprehensive Loss
- This loss component remained relatively small and stable between -0.07% and -1.56%, without substantial directional trends.
- Stockholders’ Equity
- Stockholders’ equity as a percentage steadily decreased from approximately 16.95% in 2020 to a low of 1.55% at the beginning of 2022, before recovering slightly to fluctuate between 5.4% and 8.46% afterwards. These changes highlight a declining equity base relative to the overall capital structure, with some stabilization in recent quarters.
- Total Liabilities and Stockholders’ Equity
- Totaling 100% by definition across all periods, the relative shifts between liabilities and equity reveal a capital structure heavily weighted toward liabilities, with equity proportions diminishing over time.