Stock Analysis on Net

Zoetis Inc. (NYSE:ZTS)

This company has been moved to the archive! The financial data has not been updated since May 2, 2024.

Common-Size Balance Sheet: Assets 

Zoetis Inc., common-size consolidated balance sheet: assets

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Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cash and cash equivalents 14.29 23.99 25.07 26.48 16.75
Accounts receivable, less allowance for doubtful accounts 9.13 8.14 8.15 7.44 9.41
Inventories 17.95 15.71 13.83 11.96 12.21
Other current assets 3.04 2.45 2.80 2.69 2.75
Current assets 44.40% 50.29% 49.86% 48.58% 41.13%
Property, plant and equipment, less accumulated depreciation 22.43 18.45 17.42 16.18 16.80
Finance lease right of use assets 0.06 0.00 0.00 0.00 0.00
Property, plant and equipment including finance lease right of use assets, less accumulated depreciation 22.49% 18.45% 17.42% 16.18% 16.80%
Operating lease right of use assets 1.61 1.47 1.30 1.41 1.64
Goodwill 19.31 18.40 19.29 19.80 22.45
Identifiable intangible assets, less accumulated amortization 9.37 9.25 10.60 12.57 16.37
Noncurrent deferred tax assets 1.44 1.16 0.72 0.69 0.76
Other noncurrent assets 1.38 0.98 0.80 0.78 0.85
Noncurrent assets 55.60% 49.71% 50.14% 51.42% 58.87%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

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).

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. Zoetis Inc. current assets as a percentage of total assets increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Property, plant and equipment including finance lease right of use assets, less accumulated depreciation 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. Zoetis Inc. property, plant and equipment including finance lease right of use assets, less accumulated depreciation as a percentage of total assets increased from 2021 to 2022 and from 2022 to 2023.
Noncurrent 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. Zoetis Inc. noncurrent assets as a percentage of total assets decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.