Bank of America
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Bank of America's balance sheet done over the years? Its assets were worth $3,180,151,000,000 last year, which is more than in the previous period. 91% of Bank of America’s total assets is currently financed by debt. Its liabilities reached the amount of $2,888,505,000,000, which means an increase by 4% compared compared to last year.
Debt to Assets
| 2014 | 2104534000000 | 1.86T | 88.43% |
|---|---|---|---|
| 2015 | 2144316000000 | 1.88T | 88.05% |
| 2016 | 2187702000000 | 1.92T | 87.8% |
| 2017 | 2281234000000 | 2.01T | 88.29% |
| 2018 | 2354507000000 | 2.08T | 88.73% |
| 2019 | 2434079000000 | 2.16T | 89.12% |
| 2020 | 2819627000000 | 2.54T | 90.32% |
| 2021 | 3169948000000 | 2.89T | 91.48% |
| 2022 | 3050706000000 | 2.77T | 91.04% |
| 2023 | 3180151000000 | 2.88T | 90.83% |
BAC-PP Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 327.47B | 237.46B | 355.36B | 387.00B | 168.66B | 184.89B | 168.58B | 157.59B | 167.09B | 146.09B |
Short term investments | 266.64B | 220.78B | 299.17B | 234.49B | 245.63B | 229.36B | 315.11B | 313.66B | 322.38B | 320.69B |
Net receivables | 0 | 81.02B | 87.47B | 81.15B | 75.65B | 88.19B | 0 | 80.99B | 85.51B | 86.55B |
Inventory | 0 | -868.80B | -925.52B | -954.26B | -729.25B | -726.43B | -652.55B | -605.83B | 0 | 0 |
Other current assets | 0 | 868.80B | 925.52B | 954.26B | 729.25B | 726.43B | 0 | 605.83B | 0 | 0 |
Total current assets | 36.23B | 539.27B | 742.01B | 702.65B | 489.96B | 502.45B | 554.79B | 532.53B | 574.99B | 553.35B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 11.85B | 11.51B | 10.83B | 11B | 10.56B | 9.90B | 9.24B | 9.13B | 9.48B | 10.04B |
Goodwill | 69.02B | 69.02B | 69.02B | 68.95B | 68.95B | 68.95B | 68.95B | 68.96B | 69.76B | 69.77B |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 2.30B | 5.66B | 6.85B | 8.14B |
Long term investments | 1.01T | 1.15T | 1.22T | 883.70B | 702.02B | 536.73B | 543.21B | 504.88B | 583.53B | 572.24B |
Other non-current assets | 1.72T | -13.34B | -20.60B | -20.00B | -16.69B | -17.59B | -19.46B | -28.73B | -669.63B | -660.21B |
Total non-current assets | 2.82T | 1.23T | 1.30T | 963.65B | 781.53B | 615.59B | 623.71B | 588.66B | 669.63B | 660.21B |
Total assets | 3.18T | 3.05T | 3.16T | 2.81T | 2.43T | 2.35T | 2.28T | 2.18T | 2.14T | 2.10T |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 32.09B | 26.93B | 23.75B | 19.32B | 24.20B | 20.18B | 32.66B | 23.94B | 28.09B | 31.17B |
Total current liabilities | 857.49B | 26.93B | 23.75B | 19.32B | 24.20B | 20.18B | 42.53B | 34.59B | 42.17B | 44.47B |
| Non-current liabilities: | ||||||||||
Long term debt | 302.20B | 275.98B | 280.11B | 262.93B | 240.85B | 229.34B | 227.40B | 216.82B | 236.76B | 243.13B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 2.54T | 2.22T | -280.11B | -262.93B | -240.85B | -229.34B | 1.74T | 1.66T | 1.60T | 1.57T |
Total non-current liabilities | 2.84T | 2.49T | 280.11B | 262.93B | 240.85B | 229.34B | 1.97T | 1.88T | 1.84T | 1.81T |
Total liabilities | 2.88T | 2.77T | 2.89T | 2.54T | 2.16T | 2.08T | 2.01T | 1.92T | 1.88T | 1.86T |
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