Common-Size Balance Sheet: Assets
Quarterly Data
Paying user area
Try for free
Exxon Mobil Corp. pages available for free this week:
- Balance Sheet: Assets
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Liquidity Ratios
- Analysis of Reportable Segments
- Analysis of Geographic Areas
- Common Stock Valuation Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Dividend Discount Model (DDM)
- Net Profit Margin since 2005
- Total Asset Turnover since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Exxon Mobil Corp. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Based on: 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 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).
The composition of assets for the analyzed entity demonstrates significant shifts over the observed period, spanning from March 31, 2021, to December 31, 2025. A notable trend is the fluctuation in current asset allocation, particularly in cash and cash equivalents, alongside changes in the weighting of long-term assets, primarily property, plant, and equipment.
- Cash and Cash Equivalents
- The proportion of assets held as cash and cash equivalents experienced a substantial increase from 1.05% in March 2021 to a peak of 8.84% in March 2023. This was followed by a consistent decline to 2.38% by December 2025. The restricted cash component remained minimal throughout the period, increasing from negligible amounts to 0.33% in March 2025 before decreasing again. This suggests a dynamic liquidity management strategy, potentially linked to investment cycles or operational needs.
- Current Assets
- Overall, current assets as a percentage of total assets initially increased from 14.44% in March 2021 to 27.17% in September 2023. Subsequently, a decrease was observed, falling to 18.57% by December 2025. This movement correlates with the trends in cash and cash equivalents, as well as fluctuations in inventories and accounts receivable. The increase in current assets in the earlier period could indicate a build-up of working capital, while the later decline suggests utilization of these assets.
- Accounts Receivable
- Notes and accounts receivable, net, exhibited an upward trend from 7.42% in March 2021 to 13.07% in June 2022, before stabilizing around 10-11% for the subsequent periods. A slight increase is observed towards the end of the period, reaching 9.93% in December 2025. This suggests a relatively consistent level of credit extension and collection efficiency, with minor variations.
- Inventory
- Inventories demonstrated a gradual increase from 5.50% in March 2021 to 6.68% in December 2023, followed by a decline to 5.86% by December 2025. This pattern may reflect changes in production levels, sales demand, or supply chain dynamics. The fluctuations are less pronounced than those observed in cash and cash equivalents.
- Long-Term Assets
- Long-term assets, primarily property, plant, and equipment, constituted the largest portion of total assets throughout the period. Their proportion decreased from 85.56% in March 2021 to a low of 73.18% in September 2022, then increased to 81.43% by December 2025. This suggests potential capital expenditure patterns, asset depreciation, or revaluation adjustments. The increase towards the end of the period could indicate renewed investment in long-term assets.
- Other Assets
- The percentage of total assets represented by other assets, including intangibles, remained relatively stable, fluctuating between approximately 3.96% and 5.32% throughout the analyzed timeframe. This indicates a consistent level of investment in non-current, non-property, plant, and equipment assets.
In summary, the asset composition experienced considerable changes, with a significant increase and subsequent decrease in current assets, particularly cash, and a fluctuating proportion of long-term assets. These shifts likely reflect strategic decisions related to liquidity management, capital investment, and operational adjustments.