Stock Analysis on Net
AI Tokens
Stock Analysis on Net

LyondellBasell Industries N.V. (NYSE:LYB)

This company has been moved to the archive! The financial data has not been updated since August 2, 2019.

Common-Size Balance Sheet: Assets
Quarterly Data

LyondellBasell Industries N.V., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014
Cash and cash equivalents 4.10 1.13 1.17 1.82 8.82 6.84 5.81 4.77 3.04 2.04 3.73 3.16 4.52 5.59 4.06 6.16 5.39 6.73 4.25 4.62 7.62 9.71
Restricted cash 0.09 0.06 0.24 0.04 0.01 0.00 0.02 0.03 0.02 0.00 0.01 0.02 0.02 0.02 0.03 0.00 0.01 0.01 0.01 0.00 0.01 0.01
Short-term investments 0.17 1.42 3.15 3.29 3.45 3.87 4.99 5.13 5.30 4.95 4.89 4.65 4.37 5.65 4.68 6.69 8.08 6.16 6.56 6.02 4.87 5.04
Trade, net 11.47 11.74 11.86 13.53 13.69 13.54 12.82 12.27 12.04 13.11 11.59 11.54 11.24 10.64 10.38 11.38 12.92 12.09 13.29 15.21 14.98 13.99
Related parties 0.58 0.58 0.52 0.71 0.70 0.81 0.69 0.71 0.75 0.74 0.54 0.64 0.74 0.74 0.68 0.84 0.79 0.77 0.91 0.81 1.02 0.89
Accounts receivable 12.06% 12.31% 12.39% 14.24% 14.39% 14.35% 13.50% 12.97% 12.80% 13.85% 12.12% 12.18% 11.97% 11.38% 11.06% 12.22% 13.71% 12.87% 14.20% 16.02% 16.00% 14.88%
Inventories 15.03 15.04 15.97 16.02 15.16 15.83 16.09 16.55 16.61 16.30 16.25 17.14 17.11 16.88 17.80 17.29 16.98 17.77 18.60 20.91 19.98 20.08
Prepaid expenses and other current assets 4.12 4.45 4.44 4.27 3.87 3.98 4.38 4.37 4.00 3.58 3.94 3.64 4.61 4.28 5.39 4.42 4.56 4.98 4.34 2.88 2.94 4.15
Current assets 35.57% 34.41% 37.36% 39.67% 45.70% 44.87% 44.79% 43.82% 41.77% 40.73% 40.95% 40.79% 42.60% 43.80% 43.02% 46.79% 48.73% 48.52% 47.96% 50.45% 51.41% 53.88%
Operating lease assets 5.00 5.13 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Property, plant and equipment at cost 64.13 64.38 66.13 63.13 63.52 63.42 63.23 63.54 64.47 63.61 62.43 62.18 59.94 57.52 56.73 52.65 49.73 49.03 49.62 45.98 44.40 41.16
Accumulated depreciation -21.51 -21.57 -22.01 -21.24 -21.66 -21.59 -21.27 -21.00 -20.72 -20.01 -19.19 -19.24 -18.63 -17.75 -17.22 -15.91 -14.63 -13.91 -13.56 -12.42 -11.61 -10.41
Property, plant and equipment, net 42.62% 42.82% 44.12% 41.89% 41.85% 41.82% 41.96% 42.53% 43.75% 43.59% 43.24% 42.94% 41.31% 39.76% 39.51% 36.74% 35.10% 35.12% 36.07% 33.55% 32.79% 30.75%
Investment in PO joint ventures 1.57 1.55 1.66 1.53 1.59 1.58 1.60 1.70 1.75 1.72 1.77 1.70 1.66 1.69 1.74 1.49 1.45 1.55 1.58 1.55 1.57 1.52
Equity investments 5.13 5.52 5.70 5.88 5.92 6.57 6.24 6.51 6.61 7.03 6.72 7.18 6.87 7.36 7.07 6.69 6.55 6.59 6.74 6.59 6.39 6.08
Other investments and long-term receivables 0.08 0.08 0.08 0.07 0.08 0.08 0.06 0.08 0.07 0.08 0.09 0.07 0.08 0.08 0.54 0.52 0.51 0.16 0.18 0.21 0.22 0.22
Investments and long-term receivables 6.78% 7.15% 7.44% 7.49% 7.59% 8.23% 7.91% 8.28% 8.44% 8.84% 8.57% 8.95% 8.61% 9.12% 9.35% 8.71% 8.51% 8.30% 8.50% 8.35% 8.17% 7.83%
Goodwill 5.93 6.03 6.41 6.34 2.08 2.15 2.18 2.26 2.32 2.23 2.25 2.32 2.31 2.32 2.36 2.27 2.21 2.22 2.33 2.25 2.26 2.17
Intangible assets, net 2.86 3.16 3.41 3.42 1.95 2.11 2.17 1.90 2.07 2.18 2.35 2.40 2.51 2.62 2.81 2.69 2.73 2.90 3.17 3.12 3.14 3.13
Other assets 1.24 1.29 1.25 1.19 0.83 0.82 1.00 1.20 1.65 2.43 2.64 2.59 2.66 2.37 2.96 2.81 2.72 2.95 1.98 2.27 2.22 2.24
Noncurrent assets 64.43% 65.59% 62.64% 60.33% 54.30% 55.13% 55.21% 56.18% 58.23% 59.27% 59.05% 59.21% 57.40% 56.20% 56.98% 53.21% 51.27% 51.48% 52.04% 49.55% 48.59% 46.12%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 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).

A structural shift in the asset composition is evident between March 2014 and June 2019, characterized by a transition from a liquidity-heavy profile to one dominated by non-current assets. Current assets decreased from 53.88% of total assets to 35.57% over the period, while non-current assets rose correspondingly from 46.12% to 64.43%.

Liquidity and Working Capital Trends
Cash and cash equivalents exhibited significant volatility, peaking at 9.71% in early 2014 and reaching a low of 1.13% in December 2018 before recovering to 4.10% by June 2019. Short-term investments followed a consistent downward trajectory, declining from 5.04% to a negligible 0.17%. Inventories also saw a gradual reduction in their relative weight, moving from approximately 20% of total assets in 2014 to 15.03% by mid-2019. Accounts receivable remained relatively stable, generally fluctuating between 11% and 14% of the total asset base.
Fixed Asset Expansion
There is a marked increase in the proportion of the balance sheet dedicated to Property, Plant, and Equipment (PP&E). Net PP&E grew from 30.75% in March 2014 to 42.62% by June 2019. This trend is driven by a substantial rise in PP&E at cost, which increased from 41.16% to 64.13%. The corresponding increase in accumulated depreciation, moving from -10.41% to -21.51%, indicates a maturing asset base alongside ongoing capital expenditures.
Intangibles and Strategic Investments
Goodwill remained stable at approximately 2% for several years until a sharp increase occurred in September 2018, jumping to 6.34%, which suggests a significant acquisition during that period. Equity investments showed a slow decline from 6.08% to 5.13%. Investment in PO joint ventures remained consistently low, fluctuating narrowly around 1.5% to 1.7% of total assets.
Accounting and Structural Adjustments
A notable change in reporting appears in the first quarter of 2019 with the introduction of operating lease assets, which accounted for 5.13% of total assets. This introduction, coupled with the overall shift toward non-current assets, reflects changes in balance sheet recognition and a strategic move toward a more capital-intensive operational model.

AI Ask an analyst for more

My previous chats

Add tokens

Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.

How can I help you?