Stock Analysis on Net

Intel Corp. (NASDAQ:INTC)

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.

Intel Corp., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020 Dec 28, 2019
Cash and cash equivalents 7,079 11,144 4,827 5,865 4,194
Short-term investments 17,955 17,194 23,586 18,030 8,929
Accounts receivable, net 3,402 4,133 9,457 6,782 7,659
Inventories 11,127 13,224 10,776 8,427 8,744
Other current assets 3,706 4,712 9,072 8,145 1,713
Current assets 43,269 50,407 57,718 47,249 31,239
Property, plant and equipment, net 96,647 80,860 63,245 56,584 55,386
Marketable equity securities 1,194 1,341 2,171 1,830 450
Non-marketable equity securities 4,630 4,561 4,111 3,304 3,480
Equity method investments 5 10 16 18 37
Equity investments 5,829 5,912 6,298 5,152 3,967
Other long-term investments 840 2,192 3,276
Goodwill 27,591 27,591 26,963 26,971 26,276
Identified intangible assets, net 4,589 6,018 7,270 9,026 10,827
Other long-term assets 13,647 11,315 6,072 5,917 5,553
Long-term assets 148,303 131,696 110,688 105,842 105,285
Total assets 191,572 182,103 168,406 153,091 136,524

Based on: 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28).


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. Intel Corp. current assets decreased from 2021 to 2022 and from 2022 to 2023.
Property, plant 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. Intel Corp. property, plant 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. Intel Corp. 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. Intel Corp. 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. Intel Corp. cash and cash equivalents increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.
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. Intel Corp. short-term investments decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Accounts receivable, 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. Intel Corp. accounts receivable, net 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. Intel Corp. inventories increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.