Stock Analysis on Net
Stock Analysis on Net

Cummins Inc. (NYSE:CMI)

This company has been moved to the archive! The financial data has not been updated since May 2, 2024.

Common-Size Balance Sheet: Assets 

Cummins Inc., 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 6.81 6.93 10.93 15.03 5.72
Marketable securities 1.76 1.56 2.51 2.04 1.73
Cash, cash equivalents and marketable securities 8.56% 8.49% 13.44% 17.07% 7.45%
Accounts and notes receivable, net 17.44 17.17 16.83 16.88 18.59
Inventories 17.74 18.49 18.37 15.14 17.66
Prepaid expenses and other current assets 3.74 3.54 3.28 3.49 3.86
Current assets 47.49% 47.69% 51.91% 52.59% 47.56%
Property, plant and equipment, net 19.53 18.22 18.65 18.81 21.51
Investments and advances related to equity method investees 5.62 5.81 6.49 6.37 6.27
Goodwill 7.81 7.73 5.43 5.72 6.52
Other intangible assets, net 7.87 8.87 3.80 4.26 5.08
Pension assets 3.74 4.61 6.28 4.61 5.07
Deferred income taxes 3.38 2.06 1.81 2.12 2.23
Operating lease assets 1.57 1.62 1.87 1.94 2.51
Corporate owned life insurance 1.30 1.29 2.08 2.25 2.35
Other 1.70 2.09 1.70 1.36 0.90
Other assets 7.95% 7.06% 7.45% 7.66% 8.00%
Long-term assets 52.51% 52.31% 48.09% 47.41% 52.44%
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. Cummins Inc. current assets as a percentage of total 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. Cummins Inc. property, plant and equipment, net as a percentage of total assets decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
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. Cummins Inc. long-term assets as a percentage of total assets increased from 2021 to 2022 and from 2022 to 2023.