Stock Analysis on Net
Stock Analysis on Net

Boston Scientific Corp. (NYSE:BSX)

$22.49

This company has been moved to the archive! The financial data has not been updated since May 4, 2023.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Paying user area

Try for free

Boston Scientific Corp. pages available for free this week:

The data is hidden behind: . Unhide it.

Get access

This is a one-time payment. There is no automatic renewal.

We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Apple Pay Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Boston Scientific Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Current debt obligations
Accounts payable
Accrued expenses
Other current liabilities
Current liabilities
Long-term debt
Deferred income taxes
Other long-term liabilities
Long-term liabilities
Total liabilities
Preferred stock, $0.01 par value
Common stock, $0.01 par value
Treasury stock, at cost
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive income (loss), net of tax
Stockholders’ equity
Noncontrolling interests
Total equity
Total liabilities and equity

Based on: 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), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Current Debt Obligations
The proportion of current debt obligations relative to total liabilities and equity showed a declining trend from March 2018 (5.01%) to December 2020 (0.04%). A slight increase appeared starting mid-2021, reaching 1.55% by March 2023. This indicates a significant reduction in short-term debt burden over the period, with minor fluctuations towards the end.
Accounts Payable
Accounts payable as a percentage of total liabilities and equity remained relatively stable with minor fluctuations, ranging from approximately 1.66% to 2.65%. There was a slight upward trend from the second quarter of 2020 onwards, peaking around 2.65% in December 2022 and March 2023.
Accrued Expenses
A downward trend is noted in accrued expenses from 12.74% in early 2018 to 5.83% by March 2023, with some intermittent fluctuations. The most notable decline occurred between 2018 and 2020, stabilizing around 6% thereafter, suggesting improved management or reduction in accrued liabilities.
Other Current Liabilities
Other current liabilities maintained a relatively stable proportion between approximately 1.6% and 3.2% over the period. Some moderate increases occurred around late 2020 and early 2022, but overall there was no dramatic shift in this category.
Current Liabilities
Current liabilities as a whole declined significantly from about 26% in early 2018 to around 12% by early 2023. This decrease largely reflected reductions in current debt obligations and accrued expenses, indicating a lighter short-term obligations load over time.
Long-term Debt
The proportion of long-term debt fluctuated between approximately 23.58% and 35.84%, with a peak around late 2019. Afterwards, it gradually trended downward, reaching 25.83% by March 2023. This pattern suggests some debt restructuring and possible repayments.
Deferred Income Taxes
Deferred income taxes remained low and relatively stable, fluctuating between approximately 0.37% and 2.1%, without a clear long-term trend.
Other Long-term Liabilities
Other long-term liabilities showed a gradual decline from 11.73% in early 2018 to about 6.07% in early 2023, indicating a reduction in this category over time.
Long-term Liabilities
Total long-term liabilities exhibited a peak in 2019 at nearly 48%, followed by a gradual decrease down to approximately 32.53% by early 2023. This mirrors changes in long-term debt and other long-term liabilities, pointing to improved long-term financial structure.
Total Liabilities
Total liabilities as a share of total liabilities and equity declined from around 63% in 2018 to mid-40%s in the early 2020s, reaching approximately 44.94% by March 2023. This decreasing trend indicates a gradual reduction in overall liabilities relative to equity.
Common Stock
The common stock component remained stable and minor, consistently around 0.05% to 0.08% of total liabilities and equity, reflecting no significant changes in shares outstanding.
Treasury Stock
Treasury stock, reported as a negative figure, showed a reduction in magnitude from -8.94% in early 2018 to about -6.84% in March 2023. This suggests a gradual decrease in treasury stock held, which may reflect share reissuance or lower repurchases.
Additional Paid-in Capital
Additional paid-in capital declined from a high of 89.5% in early 2018 to around 61.89% in early 2023. The downward trend suggests adjustments or distributions affecting this component, potentially share buybacks or other equity transactions.
Accumulated Deficit
There was a notable and consistent improvement in accumulated deficit, decreasing in negative magnitude from -43.36% in early 2018 to -1.37% by March 2023. This trend reflects improved cumulative profitability or adjustments improving retained earnings.
Accumulated Other Comprehensive Income (Loss)
This item showed low volatility, fluctuating between negative and positive small percentages, generally under 2%. The more recent quarters included positive values around 0.54% to 1.67%, indicating some gain in comprehensive income elements.
Stockholders’ Equity
Stockholders’ equity increased notably from 36.61% in early 2018 to above 54% by early 2023. This substantial gain suggests a strengthening equity base, likely supported by reduction in accumulated deficit and maintained additional paid-in capital.
Noncontrolling Interests
Noncontrolling interests appeared only by March 2023 at 0.79%, introducing a minor new component to equity structure.
Total Equity
Total equity followed the same increase pattern as stockholders’ equity from about 36.61% to 55.06% over the period, reflecting the overall strengthening of the company’s equity position relative to total financing.
Overall Capital Structure
The company has demonstrated a progressive reduction in total liabilities as a proportion of total financing, accompanied by a corresponding increase in equity. Both short-term and long-term liabilities have decreased in relative percentage, indicating possible deleveraging. Improvements in accumulated deficit contributed to stronger equity. Treasury stock holdings have been reduced, and additional paid-in capital has decreased, which may reflect share-related transactions. The equity base appears more robust by the end of the observed period, suggesting improved financial stability and potentially enhanced creditworthiness.