Stock Analysis on Net

Honeywell International Inc. (NASDAQ:HON)

$24.99

Common-Size Balance Sheet: Assets
Quarterly Data

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Honeywell International Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Cash and cash equivalents
Short-term investments
Accounts receivable, less allowances
Inventories
Assets held for sale
Other current assets
Current assets
Investments and long-term receivables
Property, plant and equipment, net
Goodwill
Other intangible assets, net
Insurance recoveries for asbestos-related liabilities
Deferred income taxes
Other assets
Noncurrent assets
Total assets

Based on: 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 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).


Cash and Cash Equivalents
The proportion allocated to cash and cash equivalents as a percentage of total assets reached a peak of approximately 22.1% in late 2020, before trending downward through 2022. Subsequently, the ratio exhibits moderate fluctuations, ending near 16% toward the end of the observation period, indicating periodic reinforcement of liquidity reserves.
Short-term Investments
Short-term investments showed minor volatility with values predominantly below 2%. A decline was noted from mid-2021 to mid-2023, followed by slight increases near the terminal dates. Overall, this category represents a small, stable fraction of total assets with limited upward momentum.
Accounts Receivable, Net
Accounts receivable as a percentage of total assets fluctuated mildly, initially decreasing from near 13% to about 10.5% in 2020, then rebounding and stabilizing around 11% to 13% range throughout the subsequent years. This suggests consistency in receivables management relative to asset base.
Inventories
The inventory percentage displayed an upward trend from roughly 6.95% in late 2020 to over 10% at the end of 2023, signaling a buildup possibly due to increased stockholding or slower inventory turnover. Thereafter, the ratio reverted closer to the high single digits, implying some inventory normalization or sales activity resumption.
Other Current Assets
This item showed a gradual decline from about 3.1% to below 2% by mid-2025, suggesting a shrinking proportion of miscellaneous current assets relative to total assets.
Current Assets Overall
Current assets peaked around 44.5% in mid-2020 but generally decreased over the years to approximately 35%-38%, indicating a shift towards greater investment in noncurrent assets or a change in asset composition.
Investments and Long-term Receivables
This category remained relatively stable, mostly oscillating around 1%-2%, with minor fluctuations but no significant upward or downward trend, reflecting steady long-term investment proportions.
Property, Plant, and Equipment, Net
The net property, plant, and equipment ratio remained consistent around 8%-9%, with slight declines in the later periods. The stability suggests maintained investment in fixed assets relative to total assets.
Goodwill
Goodwill constituted a substantial part of total assets, generally fluctuating between about 24% and 30%. There was a gradual increase from 2020 through the initial 2023 periods, followed by minor variability but maintaining a significant proportion, indicative of acquisitions or intangible asset recognitions.
Other Intangible Assets, Net
Other intangible assets showed a gradual increase from approximately 5.5% to nearly 9% by late 2024, revealing ongoing capitalizations or additions to intangible assets, possibly linked to R&D or brand value.
Insurance Recoveries for Asbestos-related Liabilities
This line item steadily decreased from 0.67% to around 0.2%, reflecting reduction or utilization over time of the insurance recoveries associated with these liabilities.
Deferred Income Taxes
Deferred income taxes increased sharply from near zero to slightly over 1% in early 2020, then decreased gradually, stabilizing near 0.3% by 2025. This pattern may be linked to changes in tax positions or timing differences in accounting recognition.
Other Assets
Other assets maintained a generally high proportion of total assets, fluctuating between roughly 13% and 17%. The range suggests a stable yet significant presence of miscellaneous asset categories.
Noncurrent Assets Overall
Noncurrent assets consistently comprised the majority of total assets, staying within a 55% to 64% band. This indicates a strong investment in long-term assets, with fluctuations reflecting shifts between current and noncurrent asset allocations.
Total Assets
As expected, total assets as a percentage of themselves are constant at 100%, providing the base reference for analyzing component ratios.