Stock Analysis on Net

Chevron Corp. (NYSE:CVX)

Common-Size Balance Sheet: Assets 

Chevron Corp., common-size consolidated balance sheet: assets

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cash and cash equivalents 3.13 6.86 2.35 2.33 2.39
Marketable securities 0.02 0.09 0.01 0.01 0.03
Accounts and notes receivable, less allowance 7.61 7.94 7.69 4.78 5.61
Inventories 3.29 3.20 2.63 2.37 2.46
Prepaid expenses and other current assets 1.67 1.45 1.39 1.38 1.43
Current assets 15.72% 19.53% 14.08% 10.88% 11.93%
Long-term receivables, net 0.36 0.41 0.25 0.25 0.64
Investments and advances, equity method 17.63 17.31 16.85 16.16 16.17
Other non-equity method investments 0.27 0.24 0.14 0.12 0.12
Investments and advances 17.89% 17.55% 16.99% 16.29% 16.29%
Properties, plant and equipment, net 58.72 55.72 61.35 65.31 63.39
Deferred charges and other assets 5.25 4.78 5.17 4.98 4.44
Goodwill 1.80 1.83 1.83 1.84 1.88
Assets held for sale 0.26 0.17 0.32 0.46 1.44
Noncurrent assets 84.28% 80.47% 85.92% 89.12% 88.07%
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. Chevron Corp. 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.
Properties, 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. Chevron Corp. properties, plant and equipment, net as a percentage of total assets decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.
Noncurrent 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. Chevron Corp. noncurrent assets as a percentage of total assets decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.