Stock Analysis on Net

Meta Platforms Inc. (NASDAQ:META)

Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Meta Platforms Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Accounts payable 4,849 4,990 4,083 1,331 1,363
Partners payable 863 1,117 1,052 1,093 886
Operating lease liabilities, current 1,623 1,367 1,127 1,023 800
Legal-related accruals 6,592 4,795 3,254 1,622 5,998
Accrued compensation and benefits 6,659 4,591 3,152 2,609 1,704
Accrued property and equipment 2,213 2,921 1,392 1,414 1,082
Accrued taxes 3,655 2,339 1,256 2,038 624
Finance lease liabilities, current 90 129 75 54 55
Other current liabilities 5,416 4,777 5,744 3,797 2,541
Accrued expenses and other current liabilities 24,625 19,552 14,873 11,534 12,004
Current liabilities 31,960 27,026 21,135 14,981 15,053
Operating lease liabilities, non-current 17,226 15,301 12,746 9,631 9,524
Long-term debt 18,385 9,923
Income tax payable, non-current 7,514 6,645 5,938 5,025 5,651
Finance lease liabilities, non-current 600 558 506 469 418
Other non-current liabilities 770 561 783 920 1,676
Other liabilities 8,884 7,764 7,227 6,414 7,745
Non-current liabilities 44,495 32,988 19,973 16,045 17,269
Total liabilities 76,455 60,014 41,108 31,026 32,322
Common stock, $0.000006 par value
Additional paid-in capital 73,253 64,444 55,811 50,018 45,851
Accumulated other comprehensive income (loss) (2,155) (3,530) (693) 927 (489)
Retained earnings 82,070 64,799 69,761 77,345 55,692
Stockholders’ equity 153,168 125,713 124,879 128,290 101,054
Total liabilities and stockholders’ equity 229,623 185,727 165,987 159,316 133,376

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. Meta Platforms Inc. current liabilities increased from 2021 to 2022 and from 2022 to 2023.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Meta Platforms Inc. non-current liabilities increased from 2021 to 2022 and 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. Meta Platforms Inc. total liabilities increased from 2021 to 2022 and from 2022 to 2023.
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. Meta Platforms Inc. stockholders’ equity increased from 2021 to 2022 and from 2022 to 2023.