Stock Analysis on Net
Stock Analysis on Net

Gilead Sciences Inc. (NASDAQ:GILD)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Gilead Sciences Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Accounts payable 0.89 1.43 1.04 1.23 1.16
Accrued rebates 6.12 5.51 4.77 5.06 5.64
Compensation and employee benefits 1.93 1.61 1.36 1.26 0.97
Income taxes payable 1.94 1.52 0.79 0.87 0.47
Allowance for sales returns 0.62 0.67 0.73 0.86 0.22
Accrual for settlement related to bictegravir litigation 0.00 0.00 1.84 0.00 0.00
Other 3.76 3.45 4.31 3.34 3.33
Other current liabilities 8.26% 7.25% 9.04% 6.34% 4.99%
Current portion of long-term debt and other obligations, net 2.89 3.60 2.23 4.03 4.06
Current liabilities 18.16% 17.79% 17.09% 16.66% 15.84%
Long-term debt, net, excluding current portion 37.33 36.34 37.05 41.87 35.85
Long-term income taxes payable 3.28 6.20 7.02 7.33 9.92
Deferred tax liability 2.56 4.23 6.41 5.72 0.00
Other long-term obligations 2.06 1.87 1.44 1.77 1.64
Long-term liabilities 45.22% 48.64% 51.92% 56.70% 47.41%
Total liabilities 63.38% 66.43% 69.00% 73.36% 63.25%
Preferred stock, par value $0.001 per share; none outstanding 0.00 0.00 0.00 0.00 0.00
Common stock, par value $0.001 per share 0.00 0.00 0.00 0.00 0.00
Additional paid-in capital 10.46 8.79 6.86 5.67 4.95
Accumulated other comprehensive income (loss) 0.05 0.00 0.12 -0.09 0.14
Retained earnings 26.24 24.83 24.02 21.02 31.46
Total Gilead stockholders’ equity 36.75% 33.62% 31.01% 26.61% 36.55%
Noncontrolling interest -0.14 -0.05 -0.01 0.03 0.20
Total stockholders’ equity 36.62% 33.57% 31.00% 26.64% 36.75%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00%

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).

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. Gilead Sciences Inc. current liabilities as a percentage of total liabilities and stockholders’ equity increased from 2021 to 2022 and from 2022 to 2023.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Gilead Sciences Inc. long-term liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2021 to 2022 and from 2022 to 2023.
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. Gilead Sciences Inc. total liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2021 to 2022 and from 2022 to 2023.
Total Gilead stockholders’ 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 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. Gilead Sciences Inc. total Gilead stockholders’ equity as a percentage of total liabilities and stockholders’ equity increased from 2021 to 2022 and from 2022 to 2023.