Stock Analysis on Net

Procter & Gamble Co. (NYSE:PG)

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Common-Size Balance Sheet: Assets

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Procter & Gamble Co., common-size consolidated balance sheet: assets

Microsoft Excel
Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020
Cash and cash equivalents
Accounts receivable
Inventories
Prepaid expenses and other current assets
Current assets
Property, plant and equipment, net
Goodwill
Trademarks and other intangible assets, net
Other noncurrent assets
Noncurrent assets
Total assets

Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30).


Cash and cash equivalents
There is a clear decreasing trend in the proportion of cash and cash equivalents relative to total assets from 13.41% in 2020 to a low of 6.15% in 2022. This proportion then slightly increases and stabilizes around 7.6-7.8% in subsequent years through 2025.
Accounts receivable
The share of accounts receivable as a percentage of total assets exhibits a steady upward trend from 3.46% in 2020 to 4.94% projected in 2025, indicating a gradual increase in credit sales or amounts owed from customers over time.
Inventories
Inventory as a percentage of total assets generally rises from 4.56% in 2020 to 6.03% in 2025, with a slight dip around 2024. This suggests a growth in stock holdings relative to the company's asset base, which may reflect increased production or sales demands.
Prepaid expenses and other current assets
These assets remain relatively stable, fluctuating mildly between 1.54% and 2.02% over the years, without a definitive upward or downward trend.
Current assets
The proportion of current assets to total assets decreases sharply from 23.19% in 2020 to 18.47% in 2022, then gradually rises again to about 20.28% by 2025. This indicates an initial reduction in liquidity followed by a partial recovery.
Property, plant and equipment, net
This asset category maintains a relatively stable share, fluctuating slightly around 18%, with a moderate increase to 19.08% by 2025, indicating consistent or slightly increased investment in fixed assets.
Goodwill
Goodwill as a percentage of total assets remains relatively stable, slightly declining from 33.06% in 2020 to 32.94% in 2024 before a minor increase to 33.26% in 2025. This stability may reflect consistency in acquisitions or valuation of intangible assets related to past mergers.
Trademarks and other intangible assets, net
There is a noticeable downward trend in intangible assets from 19.71% in 2020 to 17.5% in 2025, suggesting amortization or impaired valuation of these assets over the period.
Other noncurrent assets
An increasing trend is observed in other noncurrent assets starting from 6.9% in 2020, peaking at 10.75% in 2024, but slightly declining to 9.89% in 2025. This indicates growing diversified long-term holdings or investments with a minor pullback in the final year.
Noncurrent assets
Noncurrent assets as a percentage of total assets increase from 76.81% in 2020 to around 81.53% by 2022, then decline gradually to about 79.72% in 2025, reflecting shifts in asset composition favoring long-term over current assets initially, followed by modest rebalancing.
Total assets
As a reference point, total assets are maintained at 100% each year, indicating the relative proportions presented should be analyzed in terms of internal allocation rather than absolute growth or shrinkage.