Common-Size Balance Sheet: Assets
Quarterly Data
Paying user area
Try for free
Halliburton Co. pages available for free this week:
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Halliburton Co. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Halliburton Co., common-size consolidated balance sheet: assets (quarterly data)
Based on: 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), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
- Cash and Equivalents
- Cash and equivalents as a percentage of total assets exhibited notable fluctuations over the analyzed periods. Initially stable around 7-8%, a sharp spike occurred in the fourth quarter of 2015, reaching over 27%. This elevated level was not sustained, sharply decreasing thereafter and stabilizing around 7-9% from 2017 onward. This pattern suggests a significant increase in liquidity in late 2015, followed by normalization.
- Marketable Securities
- Marketable securities were negligible or unreported during most of the periods, except a minor presence noted in the third quarter of 2018 at 1.61% of total assets. This indicates limited reliance on marketable securities within the asset structure.
- Receivables, Net
- Net receivables showed a downward trend from around 22-24% in early 2014 to a trough around 14-15% in late 2015 and 2016. Subsequently, a gradual increase occurred throughout 2017 and 2018, with receivables reaching approximately 20-21%. This suggests a cycle of reduced credit exposure and then increased sales or billing activity reflected in receivables.
- Inventories
- Inventory levels decreased steadily from about 11.6% in early 2014 to approximately 6.5% by the end of 2015, indicating possible inventory reduction or asset reallocation. From 2016 onward, inventories gradually increased, reaching above 11% by the end of 2018, reflecting replenishment or higher stock holdings.
- Assets Held for Sale
- Data on assets held for sale were sporadic, with a notable presence during mid to late 2015 (~6.9%) and declining slightly to 5.7% by late 2015. No further data were reported, suggesting disposal activity was concentrated within this timeframe.
- Other Current Assets
- This category fluctuated moderately between approximately 3.4% and 7.6% of total assets over the examined quarters, with a peak in the mid-2016 period. A general decline was observed from late 2016 through 2018, indicating a reduction in miscellaneous current asset components.
- Current Assets
- The proportion of current assets relative to total assets grouped around mid-40% initially, peaking significantly to nearly 58.5% in late 2015, mainly driven by cash and equivalents increases. Thereafter, current assets declined slightly and stabilized around 40-44% during subsequent years, showing a balanced asset allocation.
- Property, Plant, and Equipment (Net)
- Net property, plant, and equipment (PP&E) declined notably from close to 40% of assets in early 2014 to about 27% at the end of 2015. Following this, PP&E gradually increased again to stabilize around 33-34% by 2018. This indicates a period of asset base contraction followed by reinvestment or asset revaluation.
- Goodwill
- Goodwill as a percentage of total assets remained relatively stable, generally within 7-11% range. After a brief dip in 2015, goodwill steadily increased through 2017 and 2018, peaking over 10%, suggesting acquisitions or revaluation effects contributing to intangible asset growth.
- Deferred Income Taxes
- Deferred income taxes emerged in the data from 2016 onwards, ranging from about 4.3% to 8.8% of total assets. The levels varied without a clear trend but demonstrated a material component in the asset structure during these years.
- Other Assets
- Other assets hovered between approximately 6% and 9% over the full period, with some variability but no major trends. The figures indicate a consistent but minor share of total assets allocated to non-specified long-term or miscellaneous assets.
- Noncurrent Assets
- Noncurrent assets accounted for just over half of total assets initially, declining sharply around late 2015 to about 41.5%, corresponding with the spike in current assets seen in the same period. Afterward, a recovery took place, with noncurrent assets rising back to 55-60% by 2017 and 2018, suggesting a rebalancing of long-term asset investments.
- Total Asset Composition
- The data reflect a dynamic asset structure with notable volatility around Q4 2015, characterized by a sharp shift from noncurrent to current assets, especially cash and equivalents. Following this period, the asset allocation appears to stabilize with a balanced distribution between current and noncurrent assets. Key trends include a cyclical pattern in receivables and inventories, a gradual increase in goodwill, and a maintained proportion of PP&E despite fluctuations.