Stock Analysis on Net
Stock Analysis on Net

Thermo Fisher Scientific Inc. (NYSE:TMO)

Common-Size Balance Sheet: Assets 

Thermo Fisher Scientific Inc., common-size consolidated balance sheet: assets

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Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash and cash equivalents 4.12 8.18 8.77 4.71 14.95
Short-term investments 1.60 0.00 0.00 0.00 0.00
Accounts receivable, less allowances 8.42 8.33 8.35 8.39 8.31
Inventories 5.12 5.15 5.80 5.31 5.83
Contract assets, net 1.47 1.46 1.35 1.02 1.06
Other current assets 2.02 1.78 1.69 1.72 1.64
Current assets 22.75% 24.91% 25.97% 21.14% 31.80%
Property, plant and equipment, net 9.56 9.57 9.55 8.76 8.56
Acquisition-related intangible assets, net 15.96 16.89 17.95 21.14 18.37
Other assets 4.62 4.05 4.12 4.88 3.56
Goodwill 47.12 44.59 42.40 44.07 37.71
Long-term assets 77.25% 75.09% 74.03% 78.86% 68.20%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

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).

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. Thermo Fisher Scientific Inc. current assets as a percentage of total assets decreased from 2022 to 2023 and from 2023 to 2024.
Property, plant 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. Thermo Fisher Scientific Inc. property, plant and equipment, net as a percentage of total assets increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.
Long-term 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. Thermo Fisher Scientific Inc. long-term assets as a percentage of total assets increased from 2022 to 2023 and from 2023 to 2024.