Stock Analysis on Net
Stock Analysis on Net

Old Dominion Freight Line Inc. (NASDAQ:ODFL)

This company has been moved to the archive! The financial data has not been updated since August 4, 2023.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 

Old Dominion Freight Line Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Accounts payable 2.20 1.71 1.57 1.76 2.21
Compensation and benefits 5.96 5.35 4.38 4.82 5.60
Claims and insurance accruals 1.31 1.28 1.22 1.36 1.50
Other accrued liabilities 1.07 1.29 1.18 1.15 0.75
Current maturities of long-term debt 0.41 0.00 0.00 0.00 0.00
Income taxes payable 0.00 0.00 0.20 0.07 0.00
Current liabilities 10.95% 9.63% 8.54% 9.16% 10.06%
Long-term debt, excluding current maturities 1.65 2.07 2.29 1.13 1.27
Other non-current liabilities 5.49 6.82 8.01 6.05 6.08
Deferred income taxes 6.42 5.16 5.04 6.56 6.99
Long-term liabilities 13.56% 14.05% 15.33% 13.73% 14.33%
Total liabilities 24.50% 23.68% 23.87% 22.90% 24.39%
Common stock, $0.10 par value 0.23 0.24 0.27 0.20 0.23
Capital in excess of par value 5.05 3.62 5.18 5.57 4.01
Retained earnings 70.21 72.46 70.68 71.34 71.37
Accumulated other comprehensive income 0.00 0.00 0.00 0.00 0.00
Shareholders’ equity 75.50% 76.32% 76.13% 77.10% 75.61%
Total liabilities and shareholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 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), 10-K (reporting date: 2018-12-31).

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. Old Dominion Freight Line Inc. current liabilities as a percentage of total liabilities and shareholders’ equity increased from 2020 to 2021 and from 2021 to 2022.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Old Dominion Freight Line Inc. long-term liabilities as a percentage of total liabilities and shareholders’ equity decreased from 2020 to 2021 and from 2021 to 2022.
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. Old Dominion Freight Line Inc. total liabilities as a percentage of total liabilities and shareholders’ equity decreased from 2020 to 2021 but then increased from 2021 to 2022 exceeding 2020 level.
Shareholders’ 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. Old Dominion Freight Line Inc. shareholders’ equity as a percentage of total liabilities and shareholders’ equity increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.