Stock Analysis on Net

Uber Technologies Inc. (NYSE:UBER)

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.

Uber Technologies Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cash and cash equivalents 4,680 4,208 4,295 5,647 10,873
Short-term investments 727 103 1,180 440
Restricted cash and cash equivalents 805 680 631 250 99
Accounts receivable, net of allowance 3,404 2,779 2,439 1,073 1,214
Prepaid expenses 400 310 459 407 571
Other receivables 717 710 553 464 428
Other 564 459 442 344 300
Prepaid expenses and other current assets 1,681 1,479 1,454 1,215 1,299
Assets held for sale 517
Current assets 11,297 9,249 8,819 9,882 13,925
Restricted cash and cash equivalents 1,519 1,789 2,879 1,494 1,095
Restricted investments 4,779 1,614
Collateral held by insurer 860 1,199
Investments 6,101 4,401 11,806 9,052 10,527
Equity method investments 353 870 800 1,079 1,364
Property and equipment, net 2,073 2,082 1,853 1,814 1,731
Operating lease right-of-use assets 1,241 1,449 1,388 1,274 1,594
Intangible assets, net 1,425 1,874 2,412 1,564 71
Goodwill 8,151 8,263 8,420 6,109 167
Other assets 1,760 518 397 124 88
Non-current assets 27,402 22,860 29,955 23,370 17,836
Total assets 38,699 32,109 38,774 33,252 31,761

Based on: 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), 10-K (reporting date: 2019-12-31).


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. Uber Technologies Inc. current assets increased from 2021 to 2022 and from 2022 to 2023.
Property and equipment, net 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. Uber Technologies Inc. property and equipment, net increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Non-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 after one year or beyond the normal operating cycle, if longer. Uber Technologies Inc. non-current assets decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.
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. Uber Technologies Inc. total assets decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.

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. Uber Technologies Inc. cash and cash equivalents decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Short-term investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current. Uber Technologies Inc. short-term investments increased from 2021 to 2022 and from 2022 to 2023.
Accounts receivable, net of allowance 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. Uber Technologies Inc. accounts receivable, net of allowance increased from 2021 to 2022 and from 2022 to 2023.