Common-Size Balance Sheet: Assets
Quarterly Data
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Eli Lilly & Co. pages available for free this week:
- Balance Sheet: Assets
- Analysis of Liquidity Ratios
- Enterprise Value (EV)
- Dividend Discount Model (DDM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Selected Financial Data since 2005
- Return on Equity (ROE) since 2005
- Total Asset Turnover since 2005
- Price to Book Value (P/BV) since 2005
- Price to Sales (P/S) since 2005
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Based on: 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 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).
- Cash and cash equivalents
- Displayed notable fluctuations over the observed periods, peaking around the third and fourth quarters of 2020 and again in early 2023, followed by a general downward trend starting 2023, ending lower by mid-2025.
- Short-term investments
- Maintained a relatively low and stable percentage of total assets throughout the timeline, with slight increases into late 2022 and moderate declines afterward, indicating a consistent but minor allocation.
- Accounts receivable, net of allowances
- Exhibited mild fluctuations over the period, generally stable with a slight increasing trend toward late 2023 and 2024, suggesting consistent credit sales or collections processes.
- Other receivables
- Maintained a moderate and fairly steady share, with some peaks in the third quarter of 2023 and variability afterward, indicating occasional changes in miscellaneous receivables composition or timing.
- Inventories
- Showed a gradual increasing trend across the timeline, rising from approximately 7.5% to above 10% of total assets by mid-2025, which could reflect growing stock levels or changes in inventory management.
- Prepaid expenses
- Data was absent initially but appeared starting late 2023, showing a rapid increase, peaking at over 17% of total assets by mid-2025, indicating a significant growth in prepaid costs that may affect liquidity or operations.
- Other current assets
- Relatively stable through 2022 with a notable decline after early 2023, reaching minimal levels by mid-2025, which implies reclassification, utilization, or reduction in miscellaneous current assets.
- Current assets
- Remained generally stable around the mid-30% range through 2020 to early 2023, followed by a noticeable increase reaching nearly 50% of total assets by mid-2025, mainly driven by rises in prepaid expenses and inventories.
- Investments
- Experienced a gradual decline from over 7% in mid-2021 to around 3% by mid-2025, reflecting a reduction in long-term investment holdings as a percentage of total assets.
- Goodwill
- Demonstrated a consistent decline from about 9% of assets in early 2020 down to approximately 6% by mid-2025, suggesting amortization, impairment, or divestitures impacting intangible asset value.
- Other intangibles, net
- Showed a steady downward trajectory over the observed periods, dropping from nearly 19% to under 6% of total assets by mid-2025, indicating significant amortization or write-downs of intangible assets.
- Deferred tax assets
- Displayed a modest but steady increase from around 6% to slightly above 9% by early 2025, then a mild decline towards mid-2025, reflecting changes in tax positions or timing differences in recognition.
- Property and equipment, net
- Maintained relative stability between 18% and 22% of total assets, with minor fluctuations indicating consistent investment and depreciation patterns in fixed assets.
- Other noncurrent assets
- Generally stable with slight fluctuations, peaking near 9.5% around 2022 and declining gradually afterward to about 6% by mid-2025, suggesting either disposals or reclassification of noncurrent assets.
- Noncurrent assets
- Exhibited a downward trend from approximately 66% of total assets in early 2020 to just over 50% by mid-2025, indicating a shifting asset structure favoring current assets over time.
- Total assets
- Consistently represented 100%, serving as the base for all proportional analyses.