Stock Analysis on Net

Meta Platforms Inc. (NASDAQ:META)

Common-Size Balance Sheet: Assets 

Meta Platforms Inc., common-size consolidated balance sheet: assets

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Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cash and cash equivalents 18.23 7.90 10.00 11.03 14.30
Marketable securities 10.25 14.03 18.92 27.86 26.82
Accounts receivable, net 7.04 7.25 8.46 7.11 7.14
Prepaid expenses and other current assets 1.65 2.88 2.79 1.49 1.39
Current assets 37.18% 32.06% 40.16% 47.50% 49.65%
Non-marketable equity securities 2.67 3.34 4.08 3.91 0.06
Property and equipment, net 42.06 42.81 34.83 28.64 26.48
Operating lease right-of-use assets 5.79 6.82 7.32 5.87 7.09
Intangible assets, net 0.34 0.48 0.38 0.39 0.67
Goodwill 8.99 10.93 11.57 11.96 14.03
Other assets 2.96 3.54 1.66 1.73 2.00
Non-current assets 62.82% 67.94% 59.84% 52.50% 50.35%
Total assets 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 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. Meta Platforms Inc. current assets as a percentage of total assets decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 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. Meta Platforms Inc. property and equipment, net as a percentage of total assets increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Non-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 after one year or beyond the normal operating cycle, if longer. Meta Platforms Inc. non-current assets as a percentage of total assets increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.