ConocoPhillips (COP)

Common-Size Balance Sheet: Assets

Difficulty: Beginner

ConocoPhillips, common-size consolidated balance sheet: assets

		Dec 31, 2018		Dec 31, 2017		Dec 31, 2016		Dec 31, 2015		Dec 31, 2014
	Cash and cash equivalents
	Short-term investments
	Accounts and notes receivable, net of allowance
	Accounts and notes receivable, related parties
	Investment in Cenovus Energy
	Inventories
	Prepaid expenses and other current assets
	Current assets
	Equity investments
	Long-term receivables
	Other investments
	Investments and long-term receivables
	Loans and advances, related parties
	Net properties, plants and equipment, net of accumulated depreciation, depletion and amortization
	Other assets
	Noncurrent assets
	Total assets

Based on: 10-K (filing date: 2019-02-19), 10-K (filing date: 2018-02-20), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-24).

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.	ConocoPhillips’s current assets as a percentage of total assets increased from 2016 to 2017 but then slightly declined from 2017 to 2018.
Net properties, plants and equipment, net of accumulated depreciation, depletion and amortization	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.	ConocoPhillips’s net properties, plants and equipment, net of accumulated depreciation, depletion and amortization as a percentage of total assets declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.
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.	ConocoPhillips’s noncurrent assets as a percentage of total assets declined from 2016 to 2017 but then slightly increased from 2017 to 2018.

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Common-Size Financial Statements
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Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
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Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality