Stock Analysis on Net
Stock Analysis on Net

Air Products & Chemicals Inc. (NYSE:APD)

This company has been moved to the archive! The financial data has not been updated since August 9, 2021.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 

Air Products & Chemicals Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017 Sep 30, 2016 Sep 30, 2015
Trade creditors 2.17 2.79 4.82 3.57 3.74 3.66
Contract liabilities 1.25 1.31 0.82 2.38 2.08 1.12
Dividends payable 1.18 1.35 1.26 1.12 1.04 1.00
Accrued payroll and employee benefits 0.78 0.98 1.05 1.01 1.45 1.42
Obligation for future contribution to an equity affiliate 0.38 0.50 0.00 0.00 0.00 0.00
Current operating lease liabilities 0.28 0.00 0.00 0.00 0.00 0.00
Derivative instruments 0.20 0.48 0.28 0.52 0.41 0.66
Pension and postretirement benefits 0.07 0.14 0.18 0.12 0.20 0.15
Other 0.98 1.09 1.07 1.10 1.10 1.52
Payables and accrued liabilities 7.28% 8.63% 9.48% 9.82% 10.03% 9.53%
Accrued income taxes 0.42 0.46 0.31 0.53 0.81 0.32
Short-term borrowings 0.03 0.31 0.28 0.78 5.18 8.57
Current portion of long-term debt 1.87 0.21 2.12 2.25 2.06 2.50
Current liabilities of discontinued operations 0.00 0.00 0.00 0.09 0.11 0.00
Current liabilities 9.60% 9.61% 12.19% 13.48% 18.18% 20.92%
Long-term debt, excluding current portion 28.34 15.35 15.47 18.42 27.24 22.65
Long-term debt, related party 1.18 1.69 2.00 0.00 0.00 0.00
Pension benefits 2.44 3.44 2.18 3.81 6.57 4.93
Postretirement benefits 0.12 0.19 0.25 0.31 0.41 0.44
Noncurrent operating lease liabilities 1.33 0.00 0.00 0.00 0.00 0.00
Asset retirement obligations 0.94 1.07 0.99 0.78 0.64 0.61
Long-term accrued income taxes related to U.S. tax reform 0.76 1.14 0.96 0.00 0.00 0.00
Contingencies related to uncertain tax positions 0.55 0.65 0.59 0.71 0.53 0.52
Environmental liabilities 0.29 0.31 0.34 0.39 0.39 0.41
Contract liabilities 0.23 0.26 0.30 0.21 0.24 0.77
Derivative instruments 0.14 0.11 0.21 0.19 0.12 0.06
Noncurrent customer liability 0.00 0.62 0.48 0.34 0.00 0.00
Obligation for future contribution to an equity affiliate 0.00 0.00 0.49 0.51 0.52 0.39
Obligations associated with Energy-from-Waste 0.00 0.31 0.33 0.35 0.00 0.00
Other 0.81 0.95 0.90 1.12 0.94 0.79
Other noncurrent liabilities 7.61% 9.04% 8.01% 8.73% 10.38% 8.93%
Deferred income taxes 3.82 4.19 4.04 4.22 4.25 5.18
Noncurrent liabilities 40.96% 30.27% 29.53% 31.37% 41.86% 36.75%
Total liabilities 50.56% 39.88% 41.72% 44.85% 60.05% 57.67%
Common stock, par value $1 per share 0.99 1.32 1.30 1.35 1.38 1.43
Capital in excess of par value 4.35 5.65 5.37 5.42 5.37 5.19
Retained earnings 59.10 74.64 69.92 69.56 58.02 60.67
Accumulated other comprehensive loss -8.50 -12.54 -9.08 -10.00 -13.23 -12.19
Treasury stock, at cost -7.95 -10.71 -10.89 -11.72 -12.33 -13.53
Total Air Products shareholders’ equity 48.00% 58.35% 56.61% 54.62% 39.21% 41.57%
Noncontrolling interests 1.44 1.77 1.66 0.54 0.74 0.76
Total equity 49.44% 60.12% 58.28% 55.15% 39.95% 42.33%
Total liabilities and equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30).

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. Air Products & Chemicals Inc. current liabilities as a percentage of total liabilities and equity decreased from 2018 to 2019 and from 2019 to 2020.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Air Products & Chemicals Inc. noncurrent liabilities as a percentage of total liabilities and equity increased from 2018 to 2019 and from 2019 to 2020.
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. Air Products & Chemicals Inc. total liabilities as a percentage of total liabilities and equity decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level.
Total Air Products 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. Air Products & Chemicals Inc. total Air Products shareholders’ equity as a percentage of total liabilities and equity increased from 2018 to 2019 but then decreased significantly from 2019 to 2020.