Stock Analysis on Net

Chevron Corp. (NYSE:CVX)

$24.99

Common-Size Balance Sheet: Assets

Paying user area


We accept:

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

Chevron Corp., common-size consolidated balance sheet: assets

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash and cash equivalents
Time deposits
Marketable securities
Accounts and notes receivable, less allowance
Inventories
Prepaid expenses and other current assets
Current assets
Long-term receivables, net
Investments and advances, equity method
Other non-equity method investments
Investments and advances
Properties, plant and equipment, net
Deferred charges and other assets
Goodwill
Assets held for sale
Noncurrent assets
Total assets

Based on: 10-K (reporting date: 2024-12-31), 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).


Cash and cash equivalents
The proportion of cash and cash equivalents relative to total assets showed a notable increase in 2022, reaching 6.86%, before declining to 3.13% in 2023 and further to 2.64% in 2024, approximating levels seen in 2020 and 2021.
Time deposits
Time deposits as a percentage of total assets were consistently zero or not reported across the periods.
Marketable securities
Marketable securities remained a very small component of total assets, fluctuating slightly between 0.01% and 0.09% without a clear upward or downward trend.
Accounts and notes receivable, less allowance
Accounts and notes receivable showed a generally increasing trend from 4.78% in 2020 to 8.05% in 2024, with minor fluctuations in 2023 but overall growth in this asset category over the period.
Inventories
Inventories steadily increased as a percentage of total assets, rising from 2.37% in 2020 to 3.53% in 2024, indicating a gradual buildup in inventory holdings.
Prepaid expenses and other current assets
This category exhibited a slow but consistent increase, from 1.38% in 2020 to 1.7% in 2024.
Current assets
Current assets as a whole rose sharply in 2022, reaching 19.53%, before decreasing to around 15.7% by 2023 and maintaining a similar level into 2024. This peak in 2022 aligns with the spike in cash and receivables observed in that year.
Long-term receivables, net
Long-term receivables experienced a slight increase from 0.25% in 2020 and 2021 to 0.41% in 2022, followed by a modest decline to 0.34% in 2024, remaining a minor portion of total assets.
Investments and advances, equity method
Investments and advances under the equity method showed a gradual and steady increase throughout the period, from 16.16% in 2020 to 18.14% in 2024, indicating growing investments accounted for under this method.
Other non-equity method investments
Other investments not using the equity method also increased gradually from 0.12% in 2020 to 0.32% in 2024.
Investments and advances (total)
The aggregate of all investments and advances incrementally rose from 16.29% in 2020 to 18.46% in 2024, reflecting consistent growth in this asset category.
Properties, plant and equipment, net
The proportion of net properties, plant, and equipment showed a declining trend from 65.31% in 2020 down to 55.72% in 2022, followed by a partial recovery to 57.52% in 2024. Despite some rebound, this asset class accounts for a reduced share over time.
Deferred charges and other assets
This category displayed minor fluctuations but generally increased from 4.98% in 2020 to 5.78% in 2024.
Goodwill
Goodwill remained relatively stable at around 1.8% of total assets throughout the analyzed periods, showing no significant changes.
Assets held for sale
The proportion of assets held for sale declined from 0.46% in 2020 to 0.19% in 2024, indicating a reduction in assets classified as held for sale.
Noncurrent assets
Noncurrent assets decreased from 89.12% in 2020 to 80.47% in 2022, with a subsequent rebound to around 84% in 2023 and 2024, reflecting a shift toward a higher composition of current assets during 2022 followed by partial reversal.
Total assets
By definition, total assets consistently represent 100% each year, serving as the base for the relative analysis.