Common-Size Balance Sheet: Assets
Quarterly Data
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Uber Technologies Inc. pages available for free this week:
- Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Long-term (Investment) Activity Ratios
- Analysis of Reportable Segments
- Enterprise Value to EBITDA (EV/EBITDA)
- Enterprise Value to FCFF (EV/FCFF)
- Price to FCFE (P/FCFE)
- Dividend Discount Model (DDM)
- Debt to Equity since 2019
- Price to Operating Profit (P/OP) since 2019
- Analysis of Debt
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Based on: 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 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).
- Cash and cash equivalents
- The proportion of cash and cash equivalents relative to total assets demonstrates a declining trend from 27.14% in March 2020 to lower levels around 12% in the 2023-2024 period, with minor fluctuations. This indicates a gradual reduction in liquid cash holdings over time.
- Short-term investments
- The percentage attributable to short-term investments fluctuates initially, dips to zero or missing data mid-period, then shows an increase from 0.32% in December 2021 to peaks near 6.18% in mid-2024 before slightly declining again. This suggests intermittent investment activity with a recent resurgence in short-term securities.
- Restricted cash and cash equivalents
- This category experienced a steady increase from 0.64% in early 2020 to approximately 2.76% by March 2023, followed by a moderate decline thereafter. The rise reflects an increasing earmarking of cash resources for specific purposes but shows some reduction in recent quarters.
- Accounts receivable, net of allowance
- A consistent upward trend is observed from 2.27% of total assets in March 2020, peaking at 9.36% by June 2024, although it declines moderately afterward. This pattern indicates growing amounts owed by customers, possibly reflecting increased sales or expanded credit terms before the recent slight contraction.
- Prepaid expenses and other current assets
- This item remains relatively stable, ranging mostly between 3.5% and 5% of total assets over the time frame, with minor fluctuations that suggest steady operational expenses prepaid in advance and consistent other current assets.
- Assets held for sale
- Assets held for sale were reported only once at 1.55% in Q3 2020 but otherwise absent, suggesting a one-time disposition or planned sale of assets in that quarter.
- Current assets
- The percentage of current assets exhibits initial decline from 36.94% in early 2020 to around 23.9% in early 2025, with some intermittent rises. This overall trend denotes a shift away from short-term assets toward longer-term holdings.
- Restricted cash and cash equivalents (second entry)
- A second category of restricted cash and equivalents shows growth from 3.89% in March 2020 to a peak near 10.21% in late 2022, followed by a decrease toward around 3.64% by mid-2025. This reflects an expansion in funds restricted for specific uses mid-period, later reduced significantly.
- Restricted investments
- Introduced later in the dataset, restricted investments rise steadily from 5.03% in late 2022 to around 14% by 2025, highlighting an increasing allocation of assets under restriction, possibly related to regulatory or contractual obligations.
- Collateral held by insurer
- This item declines gradually from 3.68% in early 2020 to 2.17% by late 2020 before disappearing, suggesting diminishing collateral requirements or reclassification of this asset.
- Investments
- Investments as a percentage of total assets show volatility, rising from 28.87% in March 2020 to a peak of 38% in mid-2021, then falling steadily to approximately 11.71% in late 2022, before stabilizing near 15–16% in later periods. The pattern indicates significant portfolio changes and reallocation from high levels back toward moderate investment holdings.
- Equity method investments
- These investments decline steadily over time, from 4.32% in early 2020 to below 1% by 2025, which could imply divestitures or losses in equity-accounted affiliates.
- Property and equipment, net
- The share of property and equipment fluctuates moderately, generally decreasing from roughly 6.15% in 2020 to under 3.5% by 2025, reflecting either asset disposals, depreciation, or reduced capital expenditure.
- Operating lease right-of-use assets
- This item declines from 5.28% in early 2020 to about 2% by the end of 2025, indicating a reduction in leased asset commitments or changes in lease accounting.
- Intangible assets, net
- Intangible assets peak at 6.92% in early 2022, then show a clear declining trend to about 2% by 2025, suggesting amortization or impairment of intangible assets over the period.
- Goodwill
- Goodwill exhibits growth from 8.53% in early 2020 to over 25% in 2022, followed by a steady decrease to around 15.9% by 2025. This pattern suggests acquisitions followed by impairments or divestitures reducing the goodwill balance.
- Deferred tax assets
- Deferred tax assets are reported only in the last three periods, comprising about 11.65% to 12.48% of total assets, signifying recent recognition or reclassification of tax-related assets.
- Other assets
- Other assets increase over time from negligible levels under 1% to roughly 5.8% by mid-2025, indicating accumulation of miscellaneous or longer-term assets.
- Non-current assets
- Non-current assets rise from 63.06% in early 2020 to about 78% in mid-2021, then decrease and fluctuate around 70% before climbing again near 76% by early 2025. This volatility reflects strategic shifts between long-term and short-term holdings.
- Total assets
- By definition, total assets remain constant at 100% for all periods, serving as the base for the percentage calculations of all other items.