Stock Analysis on Net

Linde plc (NYSE:LIN)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 

Linde plc, common-size consolidated balance sheet: liabilities and stockholders’ equity

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Accounts payable 4.29 3.51 3.77 3.45 4.76
Short-term debt 1.43 3.68 2.00 1.59 1.16
Current portion of long-term debt 2.09 0.85 1.77 1.63 4.79
Contract liabilities 3.60 2.01 2.03 1.66 0.00
Accrued taxes 0.53 0.61 0.43 0.70 1.18
Accrued expenses 1.53 1.39 1.25 1.27 1.56
Payroll 0.87 0.74 0.71 0.70 0.83
VAT payable 0.36 0.38 0.31 0.25 0.00
Pension and postretirement 0.05 0.04 0.03 0.13 0.15
Interest payable 0.12 0.15 0.15 0.15 0.40
Current operating lease liability 0.26 0.27 0.30 0.00 0.00
Current finance lease liability 0.06 0.04 0.00 0.00 0.00
Insurance reserves 0.02 0.04 0.04 0.04 0.06
Unrealized losses on derivatives 0.03 0.08 0.06 0.04 0.00
Noncontrolling interest redemption and dividend 0.00 0.26 0.00 0.00 0.00
Synergy cost accruals 0.25 0.23 0.16 0.00 0.00
Other 1.22 1.29 1.03 2.27 1.29
Other current liabilities 4.78% 4.91% 4.04% 4.85% 4.29%
Current liabilities 16.72% 15.57% 14.04% 13.87% 16.18%
Long-term debt, excluding current portion 13.89 13.77 12.35 13.16 38.08
Pension and postretirement 2.21 3.36 2.94 2.15 4.16
Tax liabilities for uncertain tax positions 0.37 0.40 0.39 0.20 0.17
Tax Act liabilities for deemed repatriation 0.22 0.23 0.27 0.28 1.90
Long-term operating lease liability 0.76 0.76 0.83 0.00 0.00
Long-term finance lease liability 0.16 0.14 0.00 0.00 0.00
Interest and penalties for uncertain tax positions 0.05 0.11 0.08 0.05 0.04
Insurance reserves 0.07 0.04 0.03 0.03 0.11
Asset retirement obligation 0.37 0.34 0.34 0.32 0.00
Unrealized losses on derivatives 0.01 0.01 0.05 0.05 0.00
Synergy cost accruals 0.31 0.19 0.07 0.00 0.00
Other 0.61 0.67 0.64 0.60 1.38
Other long-term liabilities 5.13% 6.26% 5.64% 3.68% 7.77%
Deferred income taxes 7.65 7.60 7.95 7.96 5.71
Other 0.93 0.60 0.40 0.19 0.34
Deferred credits 8.58% 8.20% 8.35% 8.15% 6.05%
Long-term liabilities 27.60% 28.23% 26.34% 24.99% 51.90%
Total liabilities 44.32% 43.80% 40.38% 38.86% 68.09%
Redeemable noncontrolling interests 0.02 0.01 0.13 0.02 0.05
Ordinary shares, €0.001 par value 0.00 0.00 0.00 0.00 0.02
Additional paid-in capital 49.24 45.57 46.42 42.99 19.98
Retained earnings 22.93 19.47 19.45 17.70 64.71
Accumulated other comprehensive loss -6.19 -5.32 -5.56 -4.77 -20.05
Treasury shares, at cost -12.02 -6.09 -3.64 -0.67 -35.21
Total Linde plc shareholders’ equity 53.96% 53.63% 56.66% 55.25% 29.45%
Noncontrolling interests 1.71 2.55 2.83 5.87 2.41
Total equity 55.67% 56.18% 59.49% 61.12% 31.86%
Total liabilities and equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Linde plc current liabilities as a percentage of total liabilities and equity increased from 2019 to 2020 and from 2020 to 2021.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Linde plc long-term liabilities as a percentage of total liabilities and equity increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Linde plc total liabilities as a percentage of total liabilities and equity increased from 2019 to 2020 and from 2020 to 2021.
Total Linde plc shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Linde plc total Linde plc shareholders’ equity as a percentage of total liabilities and equity decreased from 2019 to 2020 but then slightly increased from 2020 to 2021.