Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data
Paying user area
Try for free
Pioneer Natural Resources Co. pages available for free this week:
- Analysis of Liquidity Ratios
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Long-term (Investment) Activity Ratios
- Enterprise Value (EV)
- Enterprise Value to FCFF (EV/FCFF)
- Capital Asset Pricing Model (CAPM)
- Net Profit Margin since 2005
- Debt to Equity since 2005
- Price to Book Value (P/BV) since 2005
- Analysis of Revenues
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Pioneer Natural Resources Co. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Pioneer Natural Resources Co., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)
Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
- Accounts Payable, Trade
- The proportion of accounts payable, trade as a percentage of total liabilities and equity exhibits a general decline from 8.37% in March 2019 to a low of approximately 4.40%-4.59% around June to September 2020. After this period, it gradually increases again, stabilizing between 6.27% and 7.09% in 2023, indicating some fluctuation but a partial recovery toward earlier levels.
- Accounts Payable, Due to Affiliates
- This item shows a decrease over the full period, starting around 0.99% in early 2019 and dropping to 0.1% by the end of 2023, reflecting a reduced reliance or obligation to affiliate parties in the company's liabilities structure.
- Interest Payable
- The accounts related to interest payable generally remain low and stable, fluctuating slightly between 0.04% and 0.29% over the quarters, suggesting consistent interest expense obligations without material changes relative to total liabilities and equity.
- Income Taxes Payable
- This category, mostly minimal or missing in early periods, increases notably from 0.04% in March 2021 to a peak of 0.79% in March 2023, before decreasing again. This indicates variable tax liabilities likely related to fluctuations in taxable income or tax planning activities.
- Current Portion of Debt
- The current portion of debt shows considerable volatility. It declines sharply from about 2.62% in March 2020 to as low as 0.08% in December 2023, suggesting a possible restructuring or significant repayments of short-term debt obligations over the period.
- Derivatives (Current and Noncurrent)
- Derivative liabilities, initially very low, rise sharply to over 3% by mid-2021 before retreating to less than 0.5% in late 2023. This spike and subsequent decrease may suggest increased activity in hedging or trading derivatives followed by risk reduction or payoff of related instruments.
- Operating Lease Liability (Current and Noncurrent)
- Operating lease liabilities demonstrate a gradual decline in current portions from around 0.79% in early 2019 to approximately 0.48% by the end of 2023. Noncurrent portions remain relatively stable near 0.6%-0.7%, indicating a modest reduction in leased obligations or changes due to accounting standards over time.
- Other Liabilities and Other
- Other liabilities rise markedly from 1.67% to a peak near 5.47% in late 2019 and early 2020, then decline and stabilize around 2.3%-2.6%. The miscellaneous "Other" category fluctuates but shows no clear upward or downward trend, maintaining a low proportion of total liabilities and equity.
- Current Liabilities
- The share of current liabilities generally decreases from 13.79% in early 2019 to around 8.12% by the end of 2023, with some periodic increases around mid-2022. The drop suggests a shift towards more long-term financing or improved short-term debt management.
- Long-Term Debt, Excluding Current Portion
- Long-term debt increases substantially from about 10% in early 2019 to a peak near 20.35% in early 2021, then pulls back to around 13.13% by the end of 2023. This reflects a significant build-up in long-term debt during 2020-2021 followed by deleveraging or refinancing in subsequent periods.
- Deferred Income Taxes
- Deferred income taxes rise gradually from roughly 6.84% in 2019 to over 12% by late 2023, indicating growing deferred tax liabilities, possibly from temporary differences or accelerated tax depreciation.
- Noncurrent Liabilities
- Noncurrent liabilities increase from below 20% to almost 30% in 2020, then fluctuate slightly but remain close to that higher level toward the end of the period, showing an increased reliance on longer-term obligations.
- Total Liabilities
- Total liabilities as a percentage of total liabilities and equity trend upward from about 33.48% in early 2019 to a peak near 40.21% in early 2021. Following this, there is a moderate decline back to approximately 36.71% by the end of 2023, indicating overall higher leverage in 2020-2021 with some subsequent reduction.
- Equity Components
- Equity remains the dominant portion of total liabilities and equity, ranging mostly between 60% and 66%. The additional paid-in capital remains steady around 49%-52%, showing capital contributions remain consistent. Treasury stock grows in absolute terms negatively, meaning higher stock repurchases or cost, particularly notable post-2020. Retained earnings fluctuate, with a sharp drop near 2021 (about 10.9%) and a steady recovery thereafter to about 19.88% by the end of 2023, reflecting operational profitability and earnings retention patterns.
- Total Liabilities and Equity
- Consistently 100% by definition, confirming the data’s structural integrity and consistency over all periods.