Name: eBay Inc. (NASDAQ:EBAY) | Balance Sheet: Assets
Creator: Stock Analysis on Net

Balance Sheet: Assets

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.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Assets: Selected Items

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Current Assets: Selected Items

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eBay Inc., consolidated balance sheet: assets

US$ in millions

	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Cash and cash equivalents	2,202)	2,120)	1,816)	1,832)	6,328)
Short-term investments	2,713)	3,743)	5,333)	4,299)	3,770)
Accounts receivable, net	712)	695)	592)	619)	797)
Loans and interest receivable, net	—)	—)	—)	—)	3,600)
Funds receivable and customer accounts	—)	—)	—)	—)	10,545)
Customer accounts and funds receivable	670)	662)	590)	523)	—)
Other	829)	523)	544)	631)	1,491)
Other current assets	1,499)	1,185)	1,134)	1,154)	1,491)
Current assets	7,126)	7,743)	8,875)	7,904)	26,531)
Long-term investments	3,778)	6,331)	3,969)	3,391)	5,777)
Property and equipment, net	1,597)	1,597)	1,516)	1,554)	2,902)
Goodwill	5,160)	4,773)	4,501)	4,451)	9,094)
Intangible assets, net	92)	69)	102)	90)	564)
Deferred tax assets	4,792)	5,195)	4,608)	—)	—)
Other assets	274)	273)	276)	395)	264)
Non-current assets	15,693)	18,238)	14,972)	9,881)	18,601)
Total assets	22,819)	25,981)	23,847)	17,785)	45,132)

Based on: 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).

Total assets experienced a significant contraction between 2014 and 2015, decreasing from 45,132 million US$ to 17,785 million US$. While a partial recovery occurred through 2017, with assets peaking at 25,981 million US$, the period concluded with a decline to 22,819 million US$ in 2018.

Current Asset Composition and Volatility: A substantial reduction in current assets is observed after 2014, falling from 26,531 million US$ to 7,904 million US$ in 2015. This decline is primarily driven by the disappearance of loans and interest receivable (3,600 million US$) and funds receivable and customer accounts (10,545 million US$), both of which were present only in 2014. Cash and cash equivalents also declined sharply from 6,328 million US$ in 2014, stabilizing between 1,816 million US$ and 2,202 million US$ from 2015 to 2018.
Non-Current Asset Trends: Non-current assets exhibited considerable fluctuation, moving from 18,601 million US$ in 2014 to a low of 9,881 million US$ in 2015, before rising to 18,238 million US$ in 2017. Goodwill followed a similar pattern, dropping from 9,094 million US$ in 2014 to 4,451 million US$ in 2015, then recovering to 5,160 million US$ by 2018. Long-term investments showed instability, peaking at 6,331 million US$ in 2017 before falling to 3,778 million US$ in 2018.
Emergence of Deferred Tax Assets: A notable shift in the asset structure is the introduction of deferred tax assets starting in 2016. These assets rose to 4,608 million US$ in 2016 and remained a significant portion of the non-current asset base, ending the period at 4,792 million US$ in 2018.
Fixed and Intangible Asset Stability: Net property and equipment decreased from 2,902 million US$ in 2014 to 1,554 million US$ in 2015, remaining largely flat at 1,597 million US$ through 2018. Net intangible assets remained minimal throughout the analysis period, declining from 564 million US$ in 2014 to 92 million US$ in 2018.

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