Stock Analysis on Net

Amazon.com Inc. (NASDAQ:AMZN)

Balance Sheet: Assets 

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.

Amazon.com Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cash and cash equivalents 73,387 53,888 36,220 42,122 36,092
Marketable securities 13,393 16,138 59,829 42,274 18,929
Inventories 33,318 34,405 32,640 23,795 20,497
Customer receivables, net 34,100 26,600 20,200 14,800 12,600
Vendor receivables, net 8,500 6,900 5,300 4,800 4,200
Seller receivables, net 1,000 1,300 1,000 381 863
Other receivables, net 3,300 3,100
Prepaid expenses and other current assets 5,353 4,460 6,391 4,561 3,153
Accounts receivable, net and other 52,253 42,360 32,891 24,542 20,816
Current assets 172,351 146,791 161,580 132,733 96,334
Property and equipment, net 204,177 186,715 160,281 113,114 72,705
Operating leases 72,513 66,123 56,082 37,553 25,141
Goodwill 22,789 20,288 15,371 15,017 14,754
Other assets 56,024 42,758 27,235 22,778 16,314
Long-term assets 355,503 315,884 258,969 188,462 128,914
Total assets 527,854 462,675 420,549 321,195 225,248

Based on: 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), 10-K (reporting date: 2019-12-31).


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. Amazon.com Inc. current assets decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Property 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. Amazon.com Inc. property and equipment, net increased from 2021 to 2022 and from 2022 to 2023.
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. Amazon.com Inc. long-term assets increased from 2021 to 2022 and from 2022 to 2023.
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. Amazon.com Inc. total assets increased from 2021 to 2022 and from 2022 to 2023.

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. Amazon.com Inc. cash and cash equivalents increased from 2021 to 2022 and from 2022 to 2023.
Marketable securities Amount of investment in marketable security, classified as current. Amazon.com Inc. marketable securities decreased from 2021 to 2022 and from 2022 to 2023.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Amazon.com Inc. inventories increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.
Customer receivables, net 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. Amazon.com Inc. customer receivables, net increased from 2021 to 2022 and from 2022 to 2023.