Stock Analysis on Net

United Rentals Inc. (NYSE:URI)

This company has been moved to the archive! The financial data has not been updated since January 25, 2023.

Balance Sheet: Assets
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.

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.

United Rentals Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
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
Cash and cash equivalents 106 76 68 101 144 320 336 278 202 174 127 513 52 60 75 52 43 65 117 278
Accounts receivable, net 2,004 1,934 1,744 1,607 1,677 1,602 1,400 1,254 1,315 1,324 1,226 1,413 1,530 1,595 1,525 1,487 1,545 1,438 1,203 1,154
Inventory 232 193 199 179 164 166 174 114 125 108 107 115 120 130 135 123 109 104 94 84
Prepaid expenses and other assets 381 124 153 123 166 112 244 358 375 122 162 173 140 96 105 58 64 85 92 74
Current assets 2,723 2,327 2,164 2,010 2,151 2,200 2,154 2,004 2,017 1,728 1,622 2,214 1,842 1,881 1,840 1,720 1,761 1,692 1,506 1,590
Rental equipment, net 13,277 11,553 11,029 10,604 10,560 10,541 9,620 8,476 8,705 9,041 9,086 9,422 9,787 10,164 9,839 9,438 9,600 8,910 8,213 7,678
Property and non-rental equipment, net 839 648 641 625 612 626 623 584 604 598 609 600 604 587 578 580 614 529 480 467
Property and equipment (rental and non-rental), net 14,116 12,201 11,670 11,229 11,172 11,167 10,243 9,060 9,309 9,639 9,695 10,022 10,391 10,751 10,417 10,018 10,214 9,439 8,693 8,145
Goodwill 6,026 5,543 5,610 5,517 5,528 5,458 5,845 5,167 5,168 5,147 5,135 5,122 5,154 5,143 5,134 5,121 5,058 4,313 4,096 4,115
Other intangible assets, net 452 500 533 583 615 662 576 592 648 701 761 823 895 961 1,019 1,089 1,084 895 798 825
Operating lease right-of-use assets 819 801 802 792 784 775 781 681 688 663 666 666 669 650 619 622
Other long-term assets 47 47 41 38 42 44 42 38 38 30 21 21 19 19 18 16 16 15 15 13
Long-term assets 21,460 19,092 18,656 18,159 18,141 18,106 17,487 15,538 15,851 16,180 16,278 16,654 17,128 17,524 17,207 16,866 16,372 14,662 13,602 13,098
Total assets 24,183 21,419 20,820 20,169 20,292 20,306 19,641 17,542 17,868 17,908 17,900 18,868 18,970 19,405 19,047 18,586 18,133 16,354 15,108 14,688

Based on: 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).


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. United Rentals Inc. current assets increased from Q2 2022 to Q3 2022 and from Q3 2022 to Q4 2022.
Property and equipment (rental and non-rental), 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. United Rentals Inc. property and equipment (rental and non-rental), net increased from Q2 2022 to Q3 2022 and from Q3 2022 to Q4 2022.
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. United Rentals Inc. long-term assets increased from Q2 2022 to Q3 2022 and from Q3 2022 to Q4 2022.
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. United Rentals Inc. total assets increased from Q2 2022 to Q3 2022 and from Q3 2022 to Q4 2022.

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. United Rentals Inc. cash and cash equivalents increased from Q2 2022 to Q3 2022 and from Q3 2022 to Q4 2022.
Accounts receivable, 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. United Rentals Inc. accounts receivable, net increased from Q2 2022 to Q3 2022 and from Q3 2022 to Q4 2022.
Inventory Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. United Rentals Inc. inventory decreased from Q2 2022 to Q3 2022 but then increased from Q3 2022 to Q4 2022 exceeding Q2 2022 level.