Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
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. | EMC Corp. current liabilities as a percentage of total liabilities and shareholders’ equity decreased from 2013 to 2014 but then increased from 2014 to 2015 exceeding 2013 level. |
Noncurrent liabilities | Amount of obligation due after one year or beyond the normal operating cycle, if longer. | EMC Corp. noncurrent liabilities as a percentage of total liabilities and shareholders’ equity increased from 2013 to 2014 and from 2014 to 2015. |
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. | EMC Corp. total liabilities as a percentage of total liabilities and shareholders’ equity increased from 2013 to 2014 and from 2014 to 2015. |
Total EMC Corporation’s 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. | EMC Corp. total EMC Corporation’s shareholders’ equity as a percentage of total liabilities and shareholders’ equity decreased from 2013 to 2014 and from 2014 to 2015. |