Stock Analysis on Net
Stock Analysis on Net

Ecolab Inc. (NYSE:ECL)

$22.49

This company has been moved to the archive! The financial data has not been updated since February 25, 2022.

Common-Size Balance Sheet: Assets
Quarterly Data

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Ecolab Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
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 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Cash and cash equivalents
Accounts receivable, net
Inventories
Other current assets
Current assets
Property, plant and equipment, net
Goodwill
Other intangible assets, net
Operating lease assets
Other assets
Noncurrent assets
Total assets

Based on: 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), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Cash and cash equivalents
The proportion of cash and cash equivalents relative to total assets remained generally low and stable from 2017 through early 2019, fluctuating mostly below 1.5%. However, a marked increase is observed starting in the first quarter of 2020, peaking notably at 7.57% during the second quarter of 2020. This elevated level persisted into early 2021, before declining sharply to 1.7% by the end of 2021.
Accounts receivable, net
Accounts receivable exhibited minor fluctuations across the observed period, with values generally hovering around 12% to 13% of total assets. A slight decline is observed toward the end of 2021, dropping to 11.69%, which represents the lowest point in the timeframe analyzed.
Inventories
Inventory levels as a percentage of total assets were relatively stable, mostly ranging between 7% and 8%. A gradual decreasing trend is noticeable beginning in 2019, reaching a low point just above 6.8% in mid-2020, before rebounding moderately by the end of 2021.
Other current assets
The share of other current assets experienced slight variability, generally remaining between 1.5% and 2.0% of total assets throughout the period. No significant upward or downward trend is apparent, indicating stability in this asset category.
Current assets
Current assets as a portion of total assets fluctuated mostly between approximately 22% and 24% from 2017 through early 2019. A substantial increase is evident during 2020, with current assets rising sharply to a peak of nearly 29.6% by mid-2021, followed by a decline to 22.1% by the end of 2021. This spike aligns temporally with the increase in cash and cash equivalents.
Property, plant and equipment, net
There is a subtle declining trend in the proportion of net property, plant, and equipment relative to total assets, decreasing from around 18% in 2017 to approximately 15.5% by the end of 2021. The reduction suggests a possible divestment or revaluation of physical assets over time.
Goodwill
Goodwill accounted for the largest segment of noncurrent assets, maintaining a dominant position between 32% and 38% of total assets. After a gradual decline from roughly 36% in 2017 to around 31.8% in mid-2020, goodwill experienced a recovery through late 2021, culminating in a notable rise to 38.03%, the highest point recorded.
Other intangible assets, net
Other intangible assets, net, demonstrated a steady downward trajectory from approximately 21% in early 2017 to a low near 15.8% in mid-2021. This trend reversed somewhat toward the end of 2021, increasing to nearly 19.9%, indicating potential revaluation or acquisition of intangible assets.
Operating lease assets
Operating lease assets were introduced into the data in 2019, constituting roughly 2.73% of total assets initially. A slow but consistent decline followed, reaching 1.87% by the end of 2021, suggesting either lease terminations or reclassification of leased assets.
Other assets
Other assets showed mild variation, generally staying within a narrow range of approximately 2.1% to 3.4% of total assets. No pronounced trend is evident, indicating stable treatment of this asset category.
Noncurrent assets
Noncurrent assets comprised the majority of total assets, sustaining a level close to 77% in 2017 and through much of 2019. A conspicuous downturn occurred in 2020, with the ratio falling to about 71%, before climbing back to nearly 78% at the close of 2021. This pattern closely reflects changes in the compositions of goodwill, intangible assets, and property, plant and equipment.
Total assets
By definition, total assets consistently represent 100% across all periods, serving as the baseline for comparative percentage analysis of asset categories.