Stock Analysis on Net

Zoetis Inc. (NYSE:ZTS)

This company has been moved to the archive! The financial data has not been updated since May 5, 2022.

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Zoetis Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 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
Cash and cash equivalents 3,135 3,485 3,274 3,658 3,602 3,604 3,654 3,353 1,951 1,934 1,815 1,755 1,728 1,602 1,286 1,558 1,654 1,564 1,981 705 629
Short-term investments 12 25 65 99 105
Accounts receivable, less allowance for doubtful accounts 1,222 1,133 1,152 1,170 1,125 1,013 1,012 984 965 1,086 1,030 994 970 1,036 929 973 943 998 1,009 975 954
Inventories 2,057 1,923 1,875 1,802 1,700 1,628 1,626 1,584 1,481 1,410 1,439 1,404 1,361 1,391 1,441 1,420 1,441 1,427 1,490 1,498 1,535
Assets held for sale 57 53
Other current assets 423 389 381 418 367 366 465 364 375 318 322 306 255 271 315 288 229 228 357 353 265
Current assets 6,837 6,930 6,682 7,048 6,794 6,611 6,757 6,285 4,772 4,748 4,618 4,484 4,379 4,399 4,076 4,239 4,267 4,217 4,894 3,584 3,383
Property, plant and equipment, less accumulated depreciation 2,487 2,422 2,338 2,286 2,227 2,202 2,099 2,011 1,977 1,940 1,813 1,739 1,683 1,658 1,556 1,470 1,453 1,435 1,388 1,355 1,368
Operating lease right of use assets 189 181 188 177 189 192 194 181 182 189 193 195 158
Goodwill 2,685 2,682 2,703 2,718 2,707 2,694 2,690 2,629 2,583 2,592 2,550 2,505 2,522 2,519 2,537 1,514 1,532 1,510 1,530 1,495 1,497
Identifiable intangible assets, less accumulated amortization 1,430 1,474 1,572 1,640 1,671 1,710 1,794 1,783 1,821 1,890 1,935 1,916 1,989 2,046 2,120 1,225 1,280 1,269 1,318 1,210 1,232
Noncurrent deferred tax assets 103 100 110 103 100 94 97 88 88 88 72 60 65 61 73 80 80 80 94 93 97
Other noncurrent assets 129 111 112 97 108 106 94 92 105 98 91 87 87 94 97 75 78 75 64 65 72
Noncurrent assets 7,023 6,970 7,023 7,021 7,002 6,998 6,968 6,784 6,756 6,797 6,654 6,502 6,504 6,378 6,383 4,364 4,423 4,369 4,394 4,218 4,266
Total assets 13,860 13,900 13,705 14,069 13,796 13,609 13,725 13,069 11,528 11,545 11,272 10,986 10,883 10,777 10,459 8,603 8,690 8,586 9,288 7,802 7,649

Based on: 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), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-10-01), 10-Q (reporting date: 2017-07-02), 10-Q (reporting date: 2017-04-02).


Assets: Selected Items

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. Zoetis Inc. current assets increased from Q3 2021 to Q4 2021 but then slightly decreased from Q4 2021 to Q1 2022.
Property, plant and equipment, less accumulated depreciation 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. Zoetis Inc. property, plant and equipment, less accumulated depreciation increased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.
Noncurrent 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.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Zoetis Inc. total assets increased from Q3 2021 to Q4 2021 but then slightly decreased from Q4 2021 to Q1 2022.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Zoetis Inc. cash and cash equivalents increased from Q3 2021 to Q4 2021 but then decreased significantly from Q4 2021 to Q1 2022.
Short-term investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current.
Accounts receivable, less allowance for doubtful accounts Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Zoetis Inc. accounts receivable, less allowance for doubtful accounts decreased from Q3 2021 to Q4 2021 but then increased from Q4 2021 to Q1 2022 exceeding Q3 2021 level.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Zoetis Inc. inventories increased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.