Stock Analysis on Net

Mastercard Inc. (NYSE:MA)

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Mastercard Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel LibreOffice Calc
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Cash and cash equivalents 7,421  10,113  6,988  6,682  5,933 
Restricted cash for litigation settlement 586  586  584  553  546 
Investments 473  483  688  1,696  1,849 
Accounts receivable 3,006  2,646  2,514  2,276  1,969 
Settlement assets 1,319  1,706  2,995  2,452  1,375 
Restricted security deposits held for customers 1,873  1,696  1,370  1,080  1,085 
Customer and merchant incentives 1,326  1,086  872  778  464 
Prepaid income taxes 92  78  105  51  77 
Other 853  719  786  603  499 
Prepaid expenses and other current assets 2,271  1,883  1,763  1,432  1,040 
Current assets 16,949  19,113  16,902  16,171  13,797 
Property and equipment, net 1,236  1,154  1,117  921  829 
Operating lease right-of-use assets, net 671  748  711  —  — 
Property, equipment and right-of-use assets, net 1,907  1,902  1,828  921  829 
Deferred income taxes 486  491  543  570  250 
Goodwill 7,662  4,960  4,021  2,904  3,035 
Other intangible assets, net 3,671  1,753  1,417  991  1,120 
Customer and merchant incentives 3,798  3,220  2,838  2,458  1,434 
Equity investments 1,834  1,172  914  337  249 
Prepaid income taxes —  —  —  —  352 
Income taxes receivable 645  553  460  298  178 
Other 717  420  313  210  85 
Other assets 6,994  5,365  4,525  3,303  2,298 
Noncurrent assets 20,720  14,471  12,334  8,689  7,532 
Total assets 37,669  33,584  29,236  24,860  21,329 

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).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Mastercard Inc. current assets increased from 2019 to 2020 but then slightly decreased from 2020 to 2021 not reaching 2019 level.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Mastercard Inc. property and equipment, net increased from 2019 to 2020 and from 2020 to 2021.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Mastercard Inc. noncurrent assets increased from 2019 to 2020 and from 2020 to 2021.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Mastercard Inc. total assets increased from 2019 to 2020 and from 2020 to 2021.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Mastercard Inc. cash and cash equivalents increased from 2019 to 2020 but then slightly decreased from 2020 to 2021 not reaching 2019 level.
Investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current. Mastercard Inc. investments decreased from 2019 to 2020 and from 2020 to 2021.
Accounts receivable Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Mastercard Inc. accounts receivable increased from 2019 to 2020 and from 2020 to 2021.