Stock Analysis on Net
Stock Analysis on Net

Hubbell Inc. (NYSE:HUBB)

This company has been moved to the archive! The financial data has not been updated since November 1, 2023.

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Hubbell Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

Microsoft Excel
Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Short-term debt and current portion of long-term debt 3,300 1,800 4,700 4,700 4,000 5,800 7,800 9,700 128,900 137,600 360,800 153,100 21,900 145,200 106,700 65,400 35,900 54,200 77,300 56,100 130,300 91,100 177,500
Accounts payable 554,700 554,800 545,300 529,900 569,900 550,700 548,500 532,800 491,900 465,700 421,300 378,000 387,600 354,400 358,400 347,700 414,700 428,700 403,700 393,700 420,700 420,800 374,500
Accrued salaries, wages and employee benefits 129,000 117,200 69,100 144,200 107,900 91,700 62,000 94,700 81,900 79,000 63,900 91,500 78,800 66,600 65,900 101,500 92,800 73,100 68,600 101,600 110,000 81,100 71,000
Accrued insurance 80,800 78,900 84,700 75,600 74,500 73,000 78,200 73,300 77,100 76,400 77,800 71,600 72,200 76,900 78,000 68,100 70,200 69,600 70,000 61,300 62,900 65,700 64,600
Other accrued liabilities 303,600 317,100 348,300 334,100 306,200 281,700 265,600 263,400 255,600 240,700 224,900 254,000 232,200 237,600 232,300 262,200 252,600 248,500 228,300 226,600 214,100 212,700 210,900
Liabilities held for sale, current — — — — — — — 91,300 — — — — — — — — — — — — — — —
Current liabilities 1,071,400 1,069,800 1,052,100 1,088,500 1,062,500 1,002,900 962,100 1,065,200 1,035,400 999,400 1,148,700 948,200 792,700 880,700 841,300 844,900 866,200 874,100 847,900 839,300 938,000 871,400 898,500
Long-term debt, excluding current portion 1,439,700 1,439,100 1,438,500 1,437,900 1,437,300 1,436,700 1,436,100 1,435,500 1,434,900 1,434,200 1,433,700 1,436,900 1,436,300 1,610,400 1,597,300 1,506,000 1,714,100 1,722,800 1,731,500 1,737,100 1,792,500 1,897,600 1,903,200
Other non-current liabilities 506,700 500,900 507,100 505,600 508,400 530,700 547,100 521,300 593,300 598,300 612,500 614,600 617,100 594,100 592,000 591,600 578,400 584,100 569,800 496,800 495,200 500,300 495,200
Liabilities held for sale, non-current — — — — — — — 18,800 — — — — — — — — — — — — — — —
Non-current liabilities 1,946,400 1,940,000 1,945,600 1,943,500 1,945,700 1,967,400 1,983,200 1,975,600 2,028,200 2,032,500 2,046,200 2,051,500 2,053,400 2,204,500 2,189,300 2,097,600 2,292,500 2,306,900 2,301,300 2,233,900 2,287,700 2,397,900 2,398,400
Total liabilities 3,017,800 3,009,800 2,997,700 3,032,000 3,008,200 2,970,300 2,945,300 3,040,800 3,063,600 3,031,900 3,194,900 2,999,700 2,846,100 3,085,200 3,030,600 2,942,500 3,158,700 3,181,000 3,149,200 3,073,200 3,225,700 3,269,300 3,296,900
Total Hubbell Incorporated shareholders’ equity 2,739,100 2,620,700 2,472,700 2,360,900 2,318,700 2,256,900 2,213,300 2,229,800 2,168,800 2,125,700 2,082,700 2,070,000 2,016,800 1,959,900 1,914,900 1,947,100 1,903,100 1,835,900 1,808,100 1,780,600 1,754,800 1,684,900 1,662,000
Noncontrolling interest 11,400 10,400 10,400 9,700 11,500 11,000 11,100 10,900 9,300 15,200 15,300 15,400 14,200 13,600 13,600 13,400 12,500 19,100 18,800 18,300 17,000 16,900 16,500
Total equity 2,750,500 2,631,100 2,483,100 2,370,600 2,330,200 2,267,900 2,224,400 2,240,700 2,178,100 2,140,900 2,098,000 2,085,400 2,031,000 1,973,500 1,928,500 1,960,500 1,915,600 1,855,000 1,826,900 1,798,900 1,771,800 1,701,800 1,678,500
Total liabilities and equity 5,768,300 5,640,900 5,480,800 5,402,600 5,338,400 5,238,200 5,169,700 5,281,500 5,241,700 5,172,800 5,292,900 5,085,100 4,877,100 5,058,700 4,959,100 4,903,000 5,074,300 5,036,000 4,976,100 4,872,100 4,997,500 4,971,100 4,975,400

Based on: 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: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

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. Hubbell Inc. current liabilities increased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Hubbell Inc. non-current liabilities decreased from Q1 2023 to Q2 2023 but then increased from Q2 2023 to Q3 2023 exceeding Q1 2023 level.
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. Hubbell Inc. total liabilities increased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
Total Hubbell Incorporated 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. Hubbell Inc. total Hubbell Incorporated shareholders’ equity increased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.