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 
Quarterly Data

Cummins Inc., common-size consolidated balance sheet: assets (quarterly data)

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Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Oct 3, 2021 Jul 4, 2021 Apr 4, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019
Cash and cash equivalents 7.98 6.81 8.14 5.68 6.30 6.93 8.39 10.06 9.44 10.93 11.22 10.97 12.88 15.03 13.76 8.62 8.42 5.72 7.67 6.90 6.69
Marketable securities 1.60 1.76 1.41 1.61 1.46 1.56 1.57 2.19 2.18 2.51 1.86 1.94 1.73 2.04 1.60 1.74 1.69 1.73 1.49 1.65 1.24
Cash, cash equivalents and marketable securities 9.59% 8.56% 9.55% 7.29% 7.76% 8.49% 9.96% 12.25% 11.62% 13.44% 13.09% 12.91% 14.61% 17.07% 15.36% 10.36% 10.11% 7.45% 9.16% 8.55% 7.93%
Accounts and notes receivable, net 17.16 17.44 17.64 18.47 18.56 17.17 16.12 16.98 18.11 16.83 18.00 18.28 18.33 16.88 16.82 16.94 17.46 18.59 19.34 20.63 20.28
Inventories 18.09 17.74 18.40 18.99 18.70 18.49 18.62 19.47 19.01 18.37 18.74 18.03 16.34 15.14 16.09 17.99 17.83 17.66 18.78 19.24 19.62
Prepaid expenses and other current assets 4.24 3.74 3.99 3.80 3.87 3.54 3.66 3.44 3.48 3.28 3.59 3.56 3.51 3.49 3.02 3.12 3.37 3.86 3.00 3.17 3.02
Current assets 49.08% 47.49% 49.57% 48.56% 48.89% 47.69% 48.37% 52.14% 52.22% 51.91% 53.42% 52.77% 52.79% 52.59% 51.29% 48.41% 48.76% 47.56% 50.27% 51.59% 50.85%
Property, plant and equipment 35.36 36.48 34.58 34.42 33.81 34.68 34.37 38.30 38.69 39.47 39.70 40.29 39.39 39.83 40.58 42.43 42.73 44.07 41.54 41.59 42.07
Accumulated depreciation -16.47 -16.95 -16.50 -16.38 -16.03 -16.46 -16.90 -20.37 -20.53 -20.82 -21.55 -21.83 -21.11 -21.02 -21.63 -22.41 -22.17 -22.57 -21.61 -21.46 -21.58
Property, plant and equipment, net 18.89% 19.53% 18.07% 18.03% 17.78% 18.22% 17.47% 17.93% 18.16% 18.65% 18.15% 18.46% 18.27% 18.81% 18.95% 20.02% 20.56% 21.51% 19.94% 20.13% 20.49%
Investments and advances related to equity method investees 5.57 5.62 5.56 5.86 5.92 5.81 6.13 6.31 6.60 6.49 6.69 6.61 6.93 6.37 6.57 6.70 6.50 6.27 6.14 6.29 6.57
Goodwill 7.56 7.81 7.41 7.58 7.52 7.73 7.49 5.68 5.33 5.43 5.59 5.71 5.62 5.72 5.97 6.32 6.39 6.52 6.33 5.55 5.67
Other intangible assets, net 7.71 7.87 7.84 8.14 8.40 8.87 8.74 4.31 3.80 3.80 3.99 4.17 4.20 4.26 4.59 5.01 4.81 5.08 5.02 4.45 4.51
Pension assets 3.73 3.74 4.67 4.80 4.76 4.61 5.16 5.97 6.24 6.28 4.77 4.85 4.73 4.61 4.68 4.91 4.93 5.07 4.77 4.74 4.73
Other assets 7.46 7.95 6.86 7.03 6.73 7.06 6.64 7.66 7.64 7.45 7.39 7.43 7.46 7.66 7.94 8.62 8.05 8.00 7.53 7.24 7.19
Long-term assets 50.92% 52.51% 50.43% 51.44% 51.11% 52.31% 51.63% 47.86% 47.78% 48.09% 46.58% 47.23% 47.21% 47.41% 48.71% 51.59% 51.24% 52.44% 49.73% 48.41% 49.15%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

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 Q3 2023 to Q4 2023 but then increased from Q4 2023 to Q1 2024 not reaching Q3 2023 level.
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 increased from Q3 2023 to Q4 2023 but then slightly decreased from Q4 2023 to Q1 2024.
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 Q3 2023 to Q4 2023 but then slightly decreased from Q4 2023 to Q1 2024 not reaching Q3 2023 level.