Stock Analysis on Net
Stock Analysis on Net

Time Warner Inc. (NYSE:TWX)

This company has been moved to the archive! The financial data has not been updated since April 26, 2018.

Common-Size Balance Sheet: Assets 

Time Warner Inc., common-size consolidated balance sheet: assets

Microsoft Excel
Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
Cash and equivalents 3.79 2.33 3.38 4.14 2.74
Receivables, less allowances 13.58 13.19 11.61 12.20 11.57
Inventories 3.47 3.13 2.75 2.69 2.98
Deferred income taxes 0.00 0.00 0.00 0.29 0.66
Prepaid expenses and other current assets 1.15 1.80 1.87 1.51 0.94
Current assets 21.99% 20.44% 19.60% 20.83% 18.89%
Noncurrent inventories 2.38 2.65 2.47 2.81 2.99
Theatrical film and television production costs 9.58 9.35 9.43 8.00 6.86
Noncurrent inventories and theatrical film and television production costs 11.96% 12.00% 11.90% 10.81% 9.85%
Equity-method investments 3.86 3.56 2.13 1.42 1.39
Fair-value and other investments 1.48 1.17 1.29 1.46 1.09
Held-to-maturity securities 0.00 0.00 0.42 0.38 0.00
Cost-method investments 0.33 0.33 0.25 0.42 0.49
Investments, including available-for-sale securities 5.67% 5.06% 4.10% 3.68% 2.98%
Property, plant and equipment, net 3.91 3.80 4.07 4.20 5.63
Intangible assets subject to amortization, net 0.85 1.19 1.49 1.80 2.82
Intangible assets not subject to amortization 10.12 10.62 11.01 11.12 11.22
Goodwill 40.13 42.07 43.37 43.57 44.95
Other assets 5.37 4.82 4.47 3.98 3.66
Noncurrent assets 78.01% 79.56% 80.40% 79.17% 81.11%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31).

Cash and equivalents
The percentage of cash and equivalents relative to total assets showed fluctuations over the period, rising from 2.74% in 2013 to a peak of 4.14% in 2014, then declining to 2.33% in 2016 before increasing again to 3.79% in 2017.
Receivables, less allowances
This item demonstrated an overall upward trend, increasing from 11.57% in 2013 to 13.58% in 2017, indicating a growing portion of total assets tied in receivables.
Inventories
Inventories as a percentage of total assets showed a gradual increase, starting at 2.98% in 2013 and advancing steadily to 3.47% in 2017.
Deferred income taxes
The proportion of deferred income taxes to total assets decreased substantially from 0.66% in 2013 to 0.29% in 2014 and was then unreported in subsequent years.
Prepaid expenses and other current assets
This category increased from 0.94% in 2013 to a peak of 1.87% in 2015, followed by a moderate decline to 1.15% in 2017, suggesting some fluctuation in prepaid and other current asset levels.
Current assets (total)
Current assets as a percentage of total assets rose from 18.89% in 2013 to 21.99% in 2017, showing a general strengthening of current asset holdings across the years.
Noncurrent inventories
Noncurrent inventories experienced a slight decline from 2.99% in 2013 to 2.38% in 2017, reflecting a modest reduction in this asset class.
Theatrical film and television production costs
The investment in theatrical film and television production costs increased consistently from 6.86% in 2013 to 9.58% in 2017, indicating an intensified focus on content production assets.
Noncurrent inventories and theatrical film and television production costs
Combined, these assets grew from 9.85% in 2013 to approximately 12% in 2016, then slightly decreased to 11.96% in 2017, demonstrating overall growth in these long-term asset categories.
Equity-method investments
Equity-method investments showed a marked increase, nearing 3.86% in 2017 from 1.39% in 2013, illustrating greater involvement or value in affiliates or joint ventures.
Fair-value and other investments
This asset class fluctuated modestly, rising from 1.09% in 2013 to 1.48% in 2017, with intermediate minor decreases.
Held-to-maturity securities
Held-to-maturity securities were present only in 2014 and 2015 at low levels (below 0.5%) before ceasing to be reported.
Cost-method investments
Cost-method investments declined from 0.49% in 2013 to 0.25% in 2015, then slightly rose again to 0.33% by 2017, indicating slight volatility but low overall impact.
Investments, including available-for-sale securities
The composite investment category showed steady growth from 2.98% in 2013 to 5.67% in 2017, reflecting increased investment holdings relative to total assets.
Property, plant and equipment, net
The net value of property, plant, and equipment as a proportion of total assets declined from 5.63% in 2013 to around 3.9% in 2017, suggesting reduced emphasis or possible asset depreciation.
Intangible assets subject to amortization, net
These assets decreased substantially from 2.82% in 2013 to 0.85% in 2017, indicating amortization and possibly a reduction in newly acquired amortizable intangibles.
Intangible assets not subject to amortization
Non-amortizable intangible assets showed a gradual decline from 11.22% in 2013 to 10.12% in 2017, signaling a modest reduction in this significant asset component.
Goodwill
Goodwill represented the largest single asset category but exhibited a consistent downward trend, falling from 44.95% in 2013 to 40.13% in 2017, implying write-downs or disposals of goodwill.
Other assets
Other assets increased from 3.66% in 2013 to 5.37% in 2017, highlighting growth in miscellaneous or less defined asset categories.
Noncurrent assets (total)
The share of noncurrent assets in total assets declined from 81.11% in 2013 to 78.01% in 2017, reflecting a modest shift toward more current asset composition.
Total assets
Total assets consistently accounted for 100% by definition across all reported years.