Stock Analysis on Net

McDonald’s Corp. (NYSE:MCD)

Common-Size Balance Sheet: Assets

McDonald’s Corp., common-size consolidated balance sheet: assets

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash and equivalents 1.97 8.16 5.12 8.74 6.55
Accounts and notes receivable 4.32 4.43 4.19 3.48 4.01
Inventories, at cost, not in excess of market 0.10 0.09 0.10 0.10 0.10
Prepaid expenses and other current assets 1.95 1.54 1.34 0.95 1.20
Current assets 8.33% 14.22% 10.75% 13.27% 11.86%
Investments in and advances to affiliates 4.91 1.92 2.11 2.23 2.46
Goodwill 5.70 5.42 5.75 5.17 5.27
Miscellaneous 11.04 10.01 9.33 8.26 6.70
Other assets 21.65% 17.34% 17.19% 15.66% 14.44%
Operating lease right-of-use asset, net 20.51 20.88 21.91 25.16 26.28
Net property and equipment 45.84 44.36 47.14 45.90 47.42
Finance lease right-of-use asset, net 3.66 3.19 3.00 0.00 0.00
Net property and equipment, including finance lease right-of-use asset 49.50% 47.55% 50.14% 45.90% 47.42%
Long-term assets 91.67% 85.78% 89.25% 86.73% 88.14%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

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. McDonald’s Corp. current assets as a percentage of total assets increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.
Net property and equipment, including finance lease right-of-use asset 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. McDonald’s Corp. net property and equipment, including finance lease right-of-use asset as a percentage of total assets decreased from 2022 to 2023 but then increased from 2023 to 2024 not reaching 2022 level.
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. McDonald’s Corp. long-term assets as a percentage of total assets decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.