Common-Size Balance Sheet: Assets
Quarterly Data
Abbott Laboratories, common-size consolidated balance sheet: assets (quarterly data)
Based on: 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
- Showed an increasing trend from 5.06% in March 2020 to a peak of 13.28% in December 2022, followed by a gradual decline to 8.28% by June 2025. This indicates a buildup of liquid assets during the earlier period that later reduced somewhat.
- Short-term investments
- Remained relatively stable throughout the periods, fluctuating marginally around a range of 0.31% to 0.6%, indicating no significant change in short-term investment strategy or portfolio size relative to total assets.
- Trade receivables, less allowances
- Displayed moderate fluctuations, generally increasing from 7.92% in early 2020 to around 9.49% by late 2024, with some variability. This suggests a slight upward trend in credit sales or collections duration relative to total assets.
- Finished products
- Exhibited a gradual increase over time, moving from 4.3% in early 2020 up to about 5.61% by late 2024, indicating either increased production or inventory accumulation of finished goods as a share of total assets.
- Work in process
- Remained fairly steady with a minor upward tendency from 0.92% to approximately 1.15%, signifying stable production levels held in process relative to total assets.
- Materials
- Experienced moderate growth from 1.62% to a peak of 2.76% around mid-2023 before declining toward 1.99% by mid-2025, reflecting fluctuating raw materials inventory over time.
- Inventories
- Displayed an increasing pattern from 6.84% in early 2020 to a high near 9.42% in early 2024, then decreased to just above 8% by mid-2025. This trend reflects overall inventory build-up followed by a modest reduction.
- Prepaid expenses and other receivables
- Showed minor fluctuations in the 2.57% to 3.84% range with no clear long-term trend, suggesting relatively stable prepaid and other receivable balances as a percentage of total assets.
- Current assets
- Overall increased from around 23.21% in early 2020 to a peak of approximately 34.13% in mid-2022, then descended gradually to near 29.13% by mid-2025. This indicates a growing portion of assets held in current form during initial periods, followed by partial declines.
- Investments
- Remained largely stable around 1.0% to 1.2%, with slight variations, reflecting consistent long-term investment levels relative to total assets.
- Property and equipment, at cost
- Grew steadily from 25.02% in early 2020 to about 30.74% in late 2024, followed by decreases toward 29.13% in mid-2025. This upward trend indicates ongoing capital expenditure and asset accumulation until late 2024.
- Accumulated depreciation and amortization
- Increased in magnitude (more negative) from -13.18% to a maximum near -16.49% by mid-2024, then receded slightly to -15.57% by mid-2025. This pattern is consistent with aging assets and increased wear and tear being accounted for over time.
- Net property and equipment
- Displayed a rising trend from 11.84% to a peak of about 14.28% in late 2024, before a modest decline to approximately 13.57% by mid-2025, indicating growth in net fixed asset base followed by slight moderation.
- Intangible assets, net of amortization
- Showed a continuous decline from 24.36% in early 2020 down to 7.05% by mid-2025, signifying either ongoing amortization or asset disposals that reduced intangible asset values substantially over time.
- Goodwill
- Gradually decreased from 34.33% to about 28.51%, reflecting possible impairments, divestitures, or write-downs reducing goodwill as a proportion of total assets.
- Deferred income taxes and other assets
- Exhibited a substantial increase from 5.08% in early 2020 to over 20% by mid-2025, indicating significant growth in this category, which may include tax assets or other long-term receivables, contributing heavily to total assets.
- Long-term assets
- Reported a decreasing trend from 76.79% to about 65.87% by late 2022, then an upward move back near 71% through mid-2025, showing shifting asset composition between long-term and current assets over the years.
- Total assets
- Remained constant at 100% as expected, serving as the baseline against which other item proportions are measured.