Stock Analysis on Net

Air Products & Chemicals Inc. (NYSE:APD)

This company has been moved to the archive! The financial data has not been updated since August 9, 2021.

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.

Air Products & Chemicals Inc., consolidated balance sheet: assets

US$ in thousands

Microsoft Excel
Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017 Sep 30, 2016 Sep 30, 2015
Cash and cash items 5,253,000 2,248,700 2,791,300 3,273,600 1,501,300 206,400
Short-term investments 1,104,900 166,000 184,700 404,000
Trade receivables, net 1,274,800 1,260,200 1,207,200 1,174,000 1,439,900 1,406,200
Inventories 404,800 388,300 396,100 335,400 619,900 657,800
Prepaid expenses 164,500 77,400 129,600 191,400 99,600 67,300
Contract assets 55,900 64,300
Contract fulfillment costs 109,900 64,500
Deferred tax assets 117,200
Derivative instruments 97,500 142,500 61,100 93,900 170,900 72,900
Current lease receivables 86,700 90,900 92,100 93,300 88,200 84,200
Contracts in progress, less progress billings 77,500 84,800 81,600 110,800
Prepaid inventory 92,800
Other 132,900 115,500 142,600 216,100 203,700 188,000
Other receivables and current assets 482,900 477,700 373,300 488,100 637,200 573,100
Current assets of discontinued operations 10,200 19,400
Current assets 8,684,900 4,618,300 5,082,200 5,876,700 4,317,300 2,910,800
Investment in net assets of and advances to equity affiliates 1,432,200 1,276,200 1,277,200 1,286,900 1,288,100 1,265,700
Plant and equipment, net 11,964,700 10,337,600 9,923,700 8,440,200 8,852,700 9,636,900
Goodwill, net 891,500 797,100 788,900 721,500 1,150,200 1,131,300
Intangible assets, net 435,800 419,500 438,500 368,300 488,000 508,300
Noncurrent lease receivables 816,300 890,000 1,013,300 1,131,800 1,221,700 1,350,200
Operating lease right-of-use assets 376,800
Deferred tax assets 115,100 115,200 121,400 174,500 192,700 69,000
Derivative instruments 45,800 81,700 85,000 133,900 204,400 246,000
Noncurrent customer receivable 118,000 92,400 62,600
Prepaid tax 19,300 17,000 13,200 5,100 53,500 31,300
Pension benefits 26,500 28,700 131,700 18,400
Long-term deposits on plant and equipment 100,000 34,800 36,500 40,100
Other 259,600 243,500 210,800 212,500 250,200 248,500
Other noncurrent assets 943,100 604,100 654,500 641,800 737,300 634,900
Noncurrent assets 16,483,600 14,324,500 14,096,100 12,590,500 13,738,000 14,527,300
Total assets 25,168,500 18,942,800 19,178,300 18,467,200 18,055,300 17,438,100

Based on: 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Air Products & Chemicals Inc. current assets decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level.
Plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Air Products & Chemicals Inc. plant and equipment, net increased from 2018 to 2019 and from 2019 to 2020.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Air Products & Chemicals Inc. noncurrent assets increased from 2018 to 2019 and from 2019 to 2020.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Air Products & Chemicals Inc. total assets decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash items Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Air Products & Chemicals Inc. cash and cash items decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level.
Short-term investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current. Air Products & Chemicals Inc. short-term investments decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level.
Trade receivables, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Air Products & Chemicals Inc. trade receivables, net increased from 2018 to 2019 and from 2019 to 2020.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Air Products & Chemicals Inc. inventories decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level.