Stock Analysis on Net
Stock Analysis on Net

Verizon Communications Inc. (NYSE:VZ)

Common-Size Balance Sheet: Assets 

Verizon Communications Inc., common-size consolidated balance sheet: assets

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Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash and cash equivalents 1.09 0.54 0.69 0.80 7.01
Accounts receivable, net 6.79 6.60 6.45 6.50 7.56
Inventories 0.58 0.54 0.63 0.83 0.57
Prepaid taxes 0.21 0.14 0.04 0.30 0.38
Deferred contract costs 0.76 0.72 0.69 0.66 0.78
Collateral payments related to derivative contracts 0.55 0.37 0.60 0.01 0.00
Restricted cash 0.08 0.33 0.35 0.30 0.38
Other prepaid expense and other 0.47 0.43 0.51 0.62 0.58
Prepaid expenses and other 2.07% 2.00% 2.20% 1.88% 2.12%
Current assets 10.53% 9.68% 9.97% 10.02% 17.25%
Plant, property and equipment, net 28.21 28.48 28.30 27.20 29.96
Investments in unconsolidated businesses 0.22 0.25 0.28 0.29 0.19
Wireless licenses 40.71 40.94 39.45 40.27 30.36
Deposits for wireless licenses 0.00 0.00 0.00 0.00 0.88
Goodwill 5.94 6.01 7.55 7.80 7.83
Other intangible assets, net 2.89 2.91 3.02 3.19 2.97
Wireless licenses, goodwill and other intangible assets 49.54% 49.85% 50.02% 51.26% 42.04%
Operating lease right-of-use assets 6.36 6.50 6.88 7.61 7.12
Other assets 5.14 5.23 4.55 3.64 3.44
Non-current assets 89.47% 90.32% 90.03% 89.98% 82.75%
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. Verizon Communications Inc. current assets as a percentage of total assets decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Plant, 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. Verizon Communications Inc. plant, property and equipment, net as a percentage of total assets increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.
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. Verizon Communications Inc. non-current assets as a percentage of total assets increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.