Stock Analysis on Net
Stock Analysis on Net

HP Inc. (NYSE:HPQ)

This company has been moved to the archive! The financial data has not been updated since August 29, 2019.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 

HP Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Oct 31, 2018 Oct 31, 2017 Oct 31, 2016 Oct 31, 2015 Oct 31, 2014 Oct 31, 2013
Notes payable and short-term borrowings 4.23 3.26 0.27 2.70 3.38 5.66
Accounts payable 42.79 40.35 38.27 14.93 15.41 13.27
Employee compensation and benefits 3.28 2.72 2.62 3.38 4.08 4.20
Taxes on earnings 0.98 0.65 0.80 0.78 0.99 1.14
Accrued restructuring 0.00 0.00 0.00 0.64 0.87 0.85
Other accrued taxes 2.84 2.72 2.60 2.22 2.20 2.56
Warranty 1.94 2.01 2.51 1.07 1.28 1.32
Deferred revenue 3.16 3.07 3.17 5.80 5.95 6.13
Sales and marketing programs 7.97 7.42 7.97 2.89 2.89 2.67
Other 5.40 5.91 6.63 5.07 5.33 5.29
Other accrued liabilities 21.30% 21.13% 22.88% 17.05% 17.66% 17.96%
Current liabilities 72.59% 68.09% 64.83% 39.47% 42.38% 43.08%
Long-term debt, excluding current portion 13.07 20.50 23.30 20.38 15.54 15.72
Pension, post-retirement, and post-employment liabilities 4.75 6.07 9.32 5.27 6.18 4.82
Deferred tax liability 0.29 4.28 3.85 0.28 1.09 2.52
Tax liability 5.96 6.09 6.58 2.43 2.77 2.09
Deferred revenue 2.90 2.80 2.98 4.09 3.81 3.70
Other 2.29 2.51 2.54 1.75 1.95 1.90
Other non-current liabilities 16.19% 21.76% 25.28% 13.81% 15.80% 15.04%
Non-current liabilities 29.26% 42.26% 48.57% 34.19% 31.34% 30.75%
Total liabilities 101.85% 110.35% 113.41% 73.66% 73.72% 73.83%
Preferred stock, $0.01 par value; none issued 0.00 0.00 0.00 0.00 0.00 0.00
Common stock, $0.01 par value 0.05 0.05 0.06 0.02 0.02 0.02
Additional paid-in capital 1.91 1.15 3.55 1.84 3.32 5.17
Retained earnings (accumulated deficit) -1.37 -7.25 -12.06 30.02 28.26 24.19
Accumulated other comprehensive loss -2.44 -4.31 -4.96 -5.90 -5.70 -3.58
Total HP stockholders’ equity (deficit) -1.85% -10.35% -13.41% 25.98% 25.90% 25.80%
Non-controlling interests 0.00 0.00 0.00 0.36 0.38 0.37
Total stockholders’ equity (deficit) -1.85% -10.35% -13.41% 26.34% 26.28% 26.17%
Total liabilities and stockholders’ equity (deficit) 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2018-10-31), 10-K (reporting date: 2017-10-31), 10-K (reporting date: 2016-10-31), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-10-31), 10-K (reporting date: 2013-10-31).

Notes payable and short-term borrowings
Displayed a decline from 5.66% in 2013 to a low of 0.27% in 2016, followed by a recovery to 4.23% by 2018. This pattern indicates an initial reduction in short-term borrowing exposure with a subsequent increase in reliance on short-term financing.
Accounts payable
Increased significantly over the period, rising from 13.27% in 2013 to 42.79% in 2018. This upward trend suggests a growing amount of outstanding obligations to suppliers, possibly reflecting increased purchasing activity or extended payment terms.
Employee compensation and benefits
Gradual decrease from 4.2% in 2013 to 2.62% in 2016, followed by a modest rise to 3.28% in 2018. This reflects some fluctuation in liabilities related to employee costs but overall a slight downward trend.
Taxes on earnings
Generally stable and low, ranging between 0.65% and 1.14%, with minor fluctuations indicating consistent tax-related liabilities relative to total liabilities and equity.
Accrued restructuring
Initially low and decreasing from 0.85% in 2013 to 0.64% in 2015, with no data available from 2016 onwards. The absence of data in later years may indicate a discontinuation or resolution of restructuring liabilities.
Other accrued taxes
Slight decline from 2.56% in 2013 to 2.2% in 2014, then a gradual increase to 2.84% by 2018, showing relatively stable tax-related accruals with minor upward movement in recent years.
Warranty
Fluctuated moderately from 1.32% in 2013, dipped to 1.07% in 2015, peaked at 2.51% in 2016, then decreased slightly to 1.94% in 2018, indicating variability in warranty-related liabilities possibly linked to product issues or sales volumes.
Deferred revenue (current)
Steady decrease from 6.13% in 2013 to around 3.07%-3.16% in 2017-2018, signaling a reduction in advance payments received relative to total liabilities and equity.
Sales and marketing programs
Marked increase from 2.67% in 2013 to peaks of approximately 7.97% in 2016 and 2018, suggesting enhanced investment or accrual in promotional programs over the years.
Other (current liabilities)
Remained relatively stable around 5%, with a slight increase to 6.63% in 2016, indicating steady levels of miscellaneous current liabilities.
Other accrued liabilities
Rose from 17.96% in 2013 to a high of 22.88% in 2016, then declined to about 21.3% in 2018. This reflects growth in accrued obligations that peaked in 2016, possibly related to operational costs or contingencies.
Current liabilities total
Increased substantially from 43.08% in 2013 to 72.59% in 2018, peaking in 2018. This indicates a significant rise in short-term obligations relative to total liabilities and equity.
Long-term debt excluding current portion
Started at 15.72% in 2013, rose to 23.3% in 2016, then sharply declined to 13.07% in 2018, showing a reduction in long-term borrowing after a peak mid-period.
Pension, post-retirement, and post-employment liabilities
Increased from 4.82% in 2013 to a peak of 9.32% in 2016, followed by a decline to 4.75% in 2018, reflecting volatility in obligations related to employee benefits over the period.
Deferred tax liability
Varied significantly, starting at 2.52% in 2013, dropping to 0.28% in 2015, rising to 4.28% in 2017, then falling sharply again to 0.29% in 2018, indicating irregular changes in deferred tax obligations.
Tax liability
Generally increased from 2.09% in 2013 to a peak of 6.58% in 2016, with a slight decline thereafter, indicating a growth trend in tax-related liabilities proportional to the company’s total financial position.
Deferred revenue (non-current)
Relatively stable, fluctuating slightly around 3%, suggesting consistent levels of deferred income from non-current sources.
Other (non-current)
Stable around 2%, indicating steady other non-current liabilities relative to total financing and equity.
Other non-current liabilities
Increased from 15.04% in 2013, peaked at 25.28% in 2016, then declined to 16.19% by 2018, signaling a build-up and subsequent reduction of long-term obligations outside of debt and pensions.
Non-current liabilities total
Experienced an upward trend from 30.75% in 2013 to 48.57% in 2016, then decreased sharply to 29.26% by 2018, representing significant shifts in long-term obligations during the period.
Total liabilities
Increased markedly from ~74% in 2013-2015 to over 110% in 2016-2017, slightly lower in 2018 at about 102%, reflecting substantial overall growth in liabilities relative to total equity, notably in 2016.
Common stock
Remained negligible and stable around 0.02% to 0.06%, indicating nominal changes in common stock as a component of total capital structure.
Additional paid-in capital
Declined from 5.17% in 2013 to a low of 1.15% in 2017, with a slight recovery to 1.91% in 2018, demonstrating a decrease in contributed capital over time with a minor rebound later.
Retained earnings (accumulated deficit)
Rose from 24.19% in 2013 to 30.02% in 2015, then sharply turned negative to -12.06% in 2016, improving gradually to -1.37% in 2018. This indicates a significant deterioration in accumulated earnings or increased losses starting in 2016, with partial recovery toward the end of the period.
Accumulated other comprehensive loss
Deepened from -3.58% in 2013 to -5.9% in 2015, then improved to -2.44% by 2018, reflecting fluctuations in unrealized losses or other comprehensive income effects on equity.
Total stockholders’ equity (deficit)
Stable at approximately 26% through 2015, then shifted to a negative position of -13.41% in 2016, improving slowly to -1.85% in 2018. This pattern illustrates a period of equity deficit coinciding with years of increased liabilities and losses, followed by partial restoration of equity strength.
Total liabilities and stockholders’ equity (deficit)
Consistently maintained at 100%, confirming the data represents a balanced financial structure each year.