Stock Analysis on Net
Stock Analysis on Net

Hess Corp. (NYSE:HES)

This company has been moved to the archive! The financial data has not been updated since November 2, 2023.

Common-Size Balance Sheet: Assets 

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

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Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Cash and cash equivalents 11.46 13.22 9.24 7.09 12.57
From contracts with customers 4.80 5.18 3.77 4.32 3.60
Joint venture and other 0.56 0.73 0.80 1.06 1.07
Accounts receivable 5.36% 5.90% 4.57% 5.37% 4.67%
Inventories 1.00 1.09 2.01 1.20 1.14
Other current assets 0.30 0.97 0.55 0.83 2.42
Current assets 18.12% 21.18% 16.37% 14.49% 20.80%
Property, plant and equipment, net 69.59 69.13 75.00 77.19 75.04
Finance lease right-of-use assets, net 0.58 0.70 0.89 1.37 0.00
Property, plant and equipment, net, including finance lease right-of-use assets 70.17% 69.83% 75.89% 78.56% 75.04%
Operating lease right-of-use assets, net 2.63 1.72 2.26 2.05 0.00
Goodwill 1.66 1.75 1.91 1.65 1.68
Deferred income taxes 0.61 0.35 0.31 0.37 0.10
Post-retirement benefit assets 2.99 1.99 0.24 0.00 0.00
Other assets 3.82 3.17 3.01 2.87 2.38
Noncurrent assets 81.88% 78.82% 83.63% 85.51% 79.20%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 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), 10-K (reporting date: 2018-12-31).

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. Hess Corp. current assets as a percentage of total assets increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.
Property, plant and equipment, net, including finance lease right-of-use assets 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. Hess Corp. property, plant and equipment, net, including finance lease right-of-use assets as a percentage of total assets decreased from 2020 to 2021 but then slightly increased from 2021 to 2022.
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. Hess Corp. noncurrent assets as a percentage of total assets decreased from 2020 to 2021 but then increased from 2021 to 2022 not reaching 2020 level.