The Progressive
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has The Progressive's balance sheet done over the years? Its assets were worth $84,325,800,000 last year, which is more than in the previous period. 76% of The Progressive’s total assets is currently financed by debt. Its liabilities reached the amount of $64,048,700,000, which means an increase by 18% compared compared to last year.
Debt to Assets
| 2014 | 25787600000 | 2.16B | 8.39% |
|---|---|---|---|
| 2015 | 29819300000 | 2.70B | 9.08% |
| 2016 | 33427500000 | 3.14B | 9.42% |
| 2017 | 36834100000 | 27.04B | 73.43% |
| 2018 | 46575000000 | 4.40B | 9.46% |
| 2019 | 51827800000 | 37.92B | 73.18% |
| 2020 | 60757400000 | 43.71B | 71.96% |
| 2021 | 66850200000 | 48.61B | 72.73% |
| 2022 | 70233900000 | 54.34B | 77.37% |
| 2023 | 84325800000 | 64.04B | 75.95% |
0KOC.L Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 84.9M | 220.9M | 202.1M | 76.5M | 227.4M | 69.5M | 275.3M | 211.5M | 224.1M | 108.4M |
Short term investments | 0 | 8.73B | 6.45B | 10.98B | 1.79B | 0 | 6.84B | 0 | 0 | 0 |
Net receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 23.85B | 19.65B | 16.25B | 19.39B | 9.71B | 0 | 12.66B | 0 | 0 | 0 |
Total current assets | 23.85B | 19.65B | 16.25B | 19.39B | 9.71B | 69.5M | 12.66B | 211.5M | 224.1M | 108.4M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.05B | 1.16B | 1.30B | 1.27B | 1.40B | 1.13B | 1.11B | 1.17B | 1.03B | 960.6M |
Goodwill | 227.9M | 227.9M | 452.7M | 452.7M | 452.7M | 452.7M | 452.7M | 449.4M | 447.6M | 1.6M |
Intangible assets | 1.68B | 1.54B | 1.47B | 1.40B | 1.28B | 1.24B | 1.14B | 1.08B | 1.05B | 468.5M |
Long term investments | 0 | 42.98B | 43.50B | 35.13B | 36.21B | 0 | 19.52B | 0 | 0 | 0 |
Other non-current assets | 57.27B | 2.62B | 2.69B | 2.04B | 1.83B | -2.83B | 1.31B | -2.71B | 27.05B | 24.24B |
Total non-current assets | 60.47B | 50.58B | 50.59B | 41.36B | 42.11B | 2.83B | 24.16B | 2.71B | 29.59B | 25.67B |
Total assets | 84.32B | 70.23B | 66.85B | 60.75B | 51.82B | 46.57B | 36.83B | 33.42B | 29.81B | 25.78B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 0 | 0 | 500M | 0 | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 29.60B | 24.53B | 21.24B | 19.60B | 16.32B | 0 | 11.51B | 0 | 0 | 0 |
| Non-current liabilities: | ||||||||||
Long term debt | 6.88B | 6.38B | 4.89B | 4.89B | 4.40B | 4.40B | 3.30B | 3.14B | 2.70B | 2.16B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 26.57B | 5.39B | 5.88B | 7.47B | 5.79B | -4.40B | 11.47B | -3.14B | 0 | 0 |
Total non-current liabilities | 34.44B | 29.80B | 27.37B | 24.11B | 21.60B | 4.40B | 15.52B | 3.14B | 2.70B | 2.16B |
Total liabilities | 64.04B | 54.34B | 48.61B | 43.71B | 37.92B | 4.40B | 27.04B | 3.14B | 2.70B | 2.16B |
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