Stock Analysis on Net
Stock Analysis on Net

Zoetis Inc. (NYSE:ZTS)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Beginner level

Zoetis Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

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Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Oct 1, 2017 Jul 2, 2017 Apr 2, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Sep 27, 2015 Jun 28, 2015 Mar 29, 2015
Short-term borrowings 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.08 0.00 0.00 0.00 0.00 0.00 1.28 0.00 0.00 0.00 0.05 0.05 0.06 0.12 0.06 0.03
Current portion of long-term debt 8.01 3.83 4.34 4.33 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.07 9.61 9.81 0.00 0.00 0.00 0.00 5.05 5.98 6.06 6.22
Accounts payable 2.60 2.56 2.30 2.61 2.52 2.64 2.16 2.90 2.28 2.67 2.50 3.04 2.29 2.55 3.02 3.46 3.12 2.98 2.82 3.70 4.58 4.21 3.98
Dividends payable 0.00 0.73 0.82 0.82 0.00 0.71 0.73 0.73 0.00 0.71 0.70 0.71 0.00 0.67 0.68 0.68 0.00 0.63 0.66 0.59 0.00 0.00 0.65
Accrued expenses 3.76 3.63 4.13 4.70 4.00 4.03 4.12 4.52 4.06 5.04 4.82 5.03 4.45 5.20 5.01 6.07 5.92 6.81 7.41 8.54 8.96 9.50 6.63
Accrued compensation and related items 1.56 1.30 1.84 2.39 1.93 1.62 1.84 2.47 2.16 1.86 2.09 2.75 2.17 2.09 2.39 2.93 2.64 2.18 2.23 2.96 2.95 2.50 2.69
Income taxes payable 1.06 1.30 1.07 0.31 0.46 0.28 0.60 0.32 0.72 0.62 1.06 0.70 1.38 1.05 1.31 0.93 1.23 0.68 1.58 0.80 1.36 0.89 0.64
Liabilities associated with assets held for sale 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.06 0.05 0.00 0.00 0.00 0.00 0.05 0.05 0.00 0.00 0.00
Other current liabilities 0.49 0.50 0.43 0.48 0.43 0.50 0.51 0.32 0.37 0.34 0.33 0.51 0.37 0.36 0.41 0.54 0.54 0.49 0.81 0.75 0.85 0.59 0.47
Current liabilities 17.49% 13.86% 14.93% 15.64% 9.33% 9.79% 9.94% 11.35% 9.59% 11.24% 11.51% 12.74% 18.80% 22.87% 22.62% 14.60% 13.47% 13.82% 15.60% 22.51% 24.80% 23.83% 21.31%
Long-term debt, net of discount and issuance costs, excluding current portion 48.05 55.05 51.73 51.51 57.19 58.67 59.21 59.78 61.58 57.60 57.01 57.69 53.32 47.67 48.61 58.41 57.90 59.39 59.90 56.40 48.25 49.15 50.44
Noncurrent deferred tax liabilities 2.99 3.02 3.65 3.76 4.20 4.06 4.26 4.40 4.26 2.66 2.83 4.43 2.90 3.35 3.56 3.19 3.45 3.88 3.62 3.34 3.40 3.55 3.98
Noncurrent operating lease liabilities 1.22 1.19 1.38 1.42 1.50 1.54 1.23 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other taxes payable 1.92 1.96 2.26 2.23 2.26 2.28 2.40 2.46 2.39 3.09 3.50 2.00 0.96 1.06 1.03 0.95 1.21 1.53 1.65 0.80 0.94 0.89 0.89
Other noncurrent liabilities 2.06 2.07 2.18 1.98 1.76 1.71 1.66 1.74 1.92 2.37 2.43 2.34 2.29 2.68 2.81 3.24 3.27 3.14 3.30 3.17 3.86 4.36 3.09
Noncurrent liabilities 56.23% 63.29% 61.19% 60.90% 66.91% 68.27% 68.77% 68.38% 70.16% 65.72% 65.77% 66.46% 59.46% 54.76% 56.01% 65.80% 65.82% 67.94% 68.47% 63.71% 56.45% 57.96% 58.40%
Total liabilities 73.72% 77.14% 76.12% 76.54% 76.24% 78.05% 78.71% 79.73% 79.75% 76.96% 77.27% 79.20% 78.26% 77.62% 78.62% 80.40% 79.29% 81.76% 84.07% 86.21% 81.24% 81.78% 79.70%
Common stock, $0.01 par value 0.04 0.04 0.04 0.04 0.04 0.05 0.05 0.05 0.05 0.06 0.06 0.06 0.05 0.06 0.07 0.07 0.06 0.07 0.07 0.06 0.07 0.08 0.08
Treasury stock, at cost -16.28 -17.18 -19.54 -17.69 -16.64 -15.77 -14.64 -13.80 -12.86 -14.12 -11.57 -9.92 -7.89 -7.88 -6.67 -5.50 -4.55 -3.91 -3.29 -2.57 -2.24 -1.52 -0.76
Additional paid-in capital 7.58 7.88 8.82 9.04 9.15 9.28 9.26 9.52 9.66 11.64 11.39 11.80 11.11 13.12 13.27 13.39 13.14 13.43 13.51 12.79 14.85 14.85 15.07
Retained earnings 40.26 38.63 41.33 38.35 37.41 34.48 32.11 30.34 29.32 31.64 27.61 24.56 23.04 23.62 21.58 19.31 18.44 15.83 13.63 11.07 14.10 12.05 12.94
Accumulated other comprehensive loss -5.36 -6.55 -6.77 -6.29 -6.20 -6.09 -5.49 -5.84 -5.92 -6.31 -4.94 -5.88 -4.90 -6.95 -7.22 -7.82 -6.56 -7.37 -8.29 -7.86 -8.41 -7.64 -7.45
Total Zoetis Inc. equity 26.24% 22.82% 23.88% 23.46% 23.76% 21.95% 21.29% 20.27% 20.25% 22.90% 22.55% 20.61% 21.41% 21.98% 21.04% 19.44% 20.54% 18.05% 15.63% 13.50% 18.38% 17.82% 19.88%
Equity attributable to noncontrolling interests 0.04 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.14 0.17 0.19 0.32 0.40 0.34 0.16 0.17 0.19 0.30 0.29 0.37 0.39 0.42
Total equity 26.28% 22.86% 23.88% 23.46% 23.76% 21.95% 21.29% 20.27% 20.25% 23.04% 22.73% 20.80% 21.74% 22.38% 21.38% 19.60% 20.71% 18.24% 15.93% 13.79% 18.76% 18.22% 20.30%
Total liabilities and equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (filing date: 2020-11-05), 10-Q (filing date: 2020-08-06), 10-Q (filing date: 2020-05-06), 10-K (filing date: 2020-02-13), 10-Q (filing date: 2019-11-07), 10-Q (filing date: 2019-08-06), 10-Q (filing date: 2019-05-02), 10-K (filing date: 2019-02-14), 10-Q (filing date: 2018-11-01), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-02), 10-K (filing date: 2018-02-15), 10-Q (filing date: 2017-11-02), 10-Q (filing date: 2017-08-08), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-16), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-05), 10-Q (filing date: 2016-05-06), 10-K (filing date: 2016-02-24), 10-Q (filing date: 2015-11-05), 10-Q (filing date: 2015-08-06), 10-Q (filing date: 2015-05-07).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Zoetis Inc.’s current liabilities as a percentage of total liabilities and equity decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Zoetis Inc.’s noncurrent liabilities as a percentage of total liabilities and equity increased from Q1 2020 to Q2 2020 but then decreased significantly from Q2 2020 to Q3 2020.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Zoetis Inc.’s total liabilities as a percentage of total liabilities and equity increased from Q1 2020 to Q2 2020 but then decreased significantly from Q2 2020 to Q3 2020.
Total Zoetis Inc. equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity’s stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Zoetis Inc.’s total Zoetis Inc. equity as a percentage of total liabilities and equity decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level.