Common-Size Balance Sheet: Assets
Paying user area
Try for free
Pfizer Inc. pages available for free this week:
- Statement of Comprehensive Income
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Solvency Ratios
- Enterprise Value (EV)
- Dividend Discount Model (DDM)
- Total Asset Turnover since 2005
- Price to Book Value (P/BV) since 2005
- Price to Sales (P/S) since 2005
- Analysis of Revenues
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Pfizer Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Pfizer Inc., common-size consolidated balance sheet: assets
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
- Cash and Cash Equivalents
- The proportion of cash and cash equivalents relative to total assets shows variability over the observed periods. It started at 1.16%, declined to a low of 0.21% in 2022, rebounded to 1.26% in 2023, then decreased again to 0.49% in 2024. This suggests fluctuating liquidity positions.
- Short-term Investments
- There was a notable increase in short-term investments from 6.77% in 2020 to a peak of 16.05% in 2021, followed by a decline to 4.34% in 2023. A partial recovery to 9.11% occurred in 2024. This indicates active management of short-term securities with shifts likely influenced by market conditions or strategic repositioning.
- Trade Accounts Receivable
- The percentage of trade accounts receivable fluctuated modestly, increasing from 5.14% in 2020 to 6.33% in 2021, then decreasing and stabilizing around 5.37% by 2024. This suggests a relatively stable credit sales volume or consistent collection periods over time.
- Inventories
- The inventory level as a percentage of total assets showed a slight downward trend from 5.22% in 2020 to 4.5% in 2023, with a rise back to 5.08% in 2024. This reflects minor adjustments in stock management or production cycles.
- Current Tax Assets
- Current tax assets decreased steadily from 2.12% in 2020 to 1.55% in 2024, indicating a diminishing proportion of recoverable taxes relative to total assets.
- Other Current Assets
- These assets declined gradually from 2.23% in 2020 to 1.99% in 2024, suggesting a reduction in miscellaneous current asset categories or improved asset utilization.
- Current Assets
- The total current assets exhibited significant variation: starting at 22.74% in 2020, rising sharply to 32.89% in 2021, then dropping to 19.13% in 2023, before recovering somewhat to 23.6% in 2024. This volatility reflects shifts in liquidity and working capital management.
- Equity-method Investments
- There was a marked decline in equity-method investments from 10.93% in 2020 to a minimal 0.1% in 2024. This could indicate disposals, impairments, or strategic shifts away from equity investments in affiliates or joint ventures.
- Long-term Investments
- Long-term investments decreased progressively from 2.21% in 2020 to 0.94% in 2024, suggesting divestment or reclassification of these assets over time.
- Property, Plant and Equipment, Net
- This asset category remained relatively stable, fluctuating slightly around 8% of total assets, with a small increase to 8.62% in 2024. This reflects consistent investment in or maintenance of fixed assets.
- Identifiable Intangible Assets, Net
- The proportion of identifiable intangible assets showed substantial growth, rising from 18.46% in 2020 to a peak of 28.65% in 2023, then slightly declining to 25.97% in 2024. This indicates considerable acquisition or development of intangible assets such as patents or trademarks during the period.
- Goodwill
- Goodwill as a percentage of total assets decreased from 32.15% in 2020 to 26.05% in 2022, then increased again to 32.11% by 2024. This suggests fluctuations likely related to acquisitions or impairments.
- Noncurrent Deferred Tax Assets and Other Noncurrent Tax Assets
- These assets showed variation, rising from 1.55% in 2020 to 4.06% in 2024, with some oscillation in intermediate years. This may reflect changes in deferred tax recognition or tax strategy adjustments.
- Other Noncurrent Assets
- Other noncurrent assets increased from 2.96% in 2020 to a peak of 6.68% in 2022, then decreased to 4.6% in 2024. This indicates active management or reclassification of miscellaneous long-term assets.
- Noncurrent Assets
- The overall proportion of noncurrent assets showed an increasing trend from 77.26% in 2020 to 80.87% in 2023, then declining to 76.4% in 2024. This reflects a general emphasis on long-term asset holdings throughout the period.