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: Liabilities and Stockholders’ Equity 

Hess Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Accounts payable 1.31 1.07 1.06 1.89 2.31
Accrued operating and marketing expenditures 2.41 2.25 1.73 2.20 0.00
Accrued capital expenditures 2.30 2.33 1.83 2.83 0.00
Current portion of asset retirement obligations 0.95 0.90 0.56 0.58 0.00
Accrued payments to royalty and working interest owners 0.93 1.23 0.90 1.19 0.00
Accrued interest on debt 0.66 0.67 0.67 0.58 0.00
Accrued compensation and benefits 0.61 0.60 0.62 0.76 0.00
Other accruals 0.63 0.34 0.33 0.13 7.28
Accrued liabilities 8.48% 8.34% 6.65% 8.28% 7.28%
Taxes payable 0.22 2.57 0.43 0.45 0.38
Current portion of long-term debt 0.01 2.52 0.05 0.00 0.31
Current portion of operating lease obligations 0.92 0.34 0.33 0.84 0.00
Current portion of finance lease obligations 0.10 0.09 0.10 0.08 0.00
Current liabilities 11.04% 14.94% 8.62% 11.52% 10.28%
Long-term debt, excluding current portion 38.16 38.71 44.03 32.79 30.82
Long-term operating lease obligations 2.16 1.92 2.54 1.62 0.00
Long-term finance lease obligations 0.83 0.97 1.17 1.09 0.00
Deferred income taxes 1.93 1.87 1.82 1.91 1.96
Asset retirement obligations 4.77 4.90 4.75 4.12 3.46
Other liabilities and deferred credits 1.96 2.45 3.42 2.39 2.68
Noncurrent liabilities 49.79% 50.82% 57.72% 43.92% 38.92%
Total liabilities 60.84% 65.75% 66.34% 55.44% 49.20%
Preferred stock, par value $1.00 0.00 0.00 0.00 0.00 0.00
Common stock, par value $1.00 1.41 1.51 1.63 1.40 1.36
Capital in excess of par value 28.61 29.33 30.20 25.67 25.13
Retained earnings 6.79 1.85 0.69 16.23 19.86
Accumulated other comprehensive loss -0.60 -1.98 -4.01 -3.21 -1.43
Total Hess Corporation stockholders’ equity 36.21% 30.71% 28.51% 40.09% 44.93%
Noncontrolling interests 2.95 3.54 5.15 4.47 5.87
Total equity 39.16% 34.25% 33.66% 44.56% 50.80%
Total liabilities and equity 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 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. Hess Corp. current liabilities as a percentage of total liabilities and equity increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Hess Corp. noncurrent liabilities as a percentage of total liabilities and equity decreased from 2020 to 2021 and from 2021 to 2022.
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. Hess Corp. total liabilities as a percentage of total liabilities and equity decreased from 2020 to 2021 and from 2021 to 2022.
Total Hess Corporation stockholders’ 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. Hess Corp. total Hess Corporation stockholders’ equity as a percentage of total liabilities and equity increased from 2020 to 2021 and from 2021 to 2022.