Stock Analysis on Net

Home Depot Inc. (NYSE:HD)

Balance Sheet: Assets 

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Home Depot Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Feb 2, 2025 Jan 28, 2024 Jan 29, 2023 Jan 30, 2022 Jan 31, 2021 Feb 2, 2020
Cash and cash equivalents 1,659 3,760 2,757 2,343 7,895 2,133
Receivables, net 4,903 3,328 3,317 3,426 2,992 2,106
Merchandise inventories 23,451 20,976 24,886 22,068 16,627 14,531
Other current assets 1,670 1,711 1,511 1,218 963 1,040
Current assets 31,683 29,775 32,471 29,055 28,477 19,810
Net property and equipment 26,702 26,154 25,631 25,199 24,705 22,770
Operating lease right-of-use assets 8,592 7,884 6,941 5,968 5,962 5,595
Goodwill 19,475 8,455 7,444 7,449 7,126 2,254
Intangible assets, net 8,983 3,606 3,323 3,503 3,612
Other assets 684 656 635 702 699 807
Long-term assets 64,436 46,755 43,974 42,821 42,104 31,426
Total assets 96,119 76,530 76,445 71,876 70,581 51,236

Based on: 10-K (reporting date: 2025-02-02), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02).


Assets: Selected Items

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. Home Depot Inc. current assets decreased from 2023 to 2024 but then increased from 2024 to 2025 not reaching 2023 level.
Net property and equipment 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. Home Depot Inc. net property and equipment increased from 2023 to 2024 and from 2024 to 2025.
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. Home Depot Inc. long-term assets increased from 2023 to 2024 and from 2024 to 2025.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Home Depot Inc. total assets increased from 2023 to 2024 and from 2024 to 2025.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Home Depot Inc. cash and cash equivalents increased from 2023 to 2024 but then decreased significantly from 2024 to 2025.
Receivables, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Home Depot Inc. receivables, net increased from 2023 to 2024 and from 2024 to 2025.
Merchandise inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Home Depot Inc. merchandise inventories decreased from 2023 to 2024 but then increased from 2024 to 2025 not reaching 2023 level.