Cincinnati Financial
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Cincinnati Financial's balance sheet done over the years? Its assets were worth $32,769,000,000 last year, which is more than in the previous period. 63% of Cincinnati Financial’s total assets is currently financed by debt. Its liabilities reached the amount of $20,671,000,000, which means an increase by 8% compared compared to last year.
Debt to Assets
| 2014 | 18753000000 | 12.18B | 64.95% |
|---|---|---|---|
| 2015 | 18888000000 | 12.46B | 65.97% |
| 2016 | 20386000000 | 13.32B | 65.37% |
| 2017 | 21843000000 | 13.6B | 62.26% |
| 2018 | 21935000000 | 14.10B | 64.29% |
| 2019 | 25408000000 | 15.54B | 61.18% |
| 2020 | 27542000000 | 16.75B | 60.83% |
| 2021 | 31387000000 | 18.28B | 58.25% |
| 2022 | 29736000000 | 19.20B | 64.59% |
| 2023 | 32769000000 | 20.67B | 63.08% |
CINF Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 907M | 1.26B | 1.13B | 900M | 767M | 784M | 657M | 777M | 544M | 591M |
Short term investments | 13.79B | 452M | 329M | 348M | 296M | 123M | 103M | 81M | 67M | 68M |
Net receivables | 0 | 3.21B | 2.86B | 2.62B | 2.59B | 2.33B | 0 | 2.26B | 0 | 0 |
Inventory | 0 | -4.54B | -4.13B | -3.59B | -3.21B | 0 | 0 | 0 | 0 | 0 |
Other current assets | 55M | 4.54B | 4.13B | 3.59B | 3.21B | -2.33B | 42M | -2.26B | 54M | 29M |
Total current assets | 962M | 4.47B | 4.00B | 3.52B | 3.36B | 784M | 657M | 777M | 544M | 591M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 208M | 202M | 205M | 213M | 207M | 195M | 185M | 183M | 185M | 194M |
Goodwill | 30M | 30M | 30M | 19.30B | 17.80B | -1.24B | -1.31B | -1.42B | -1.18B | -1.35B |
Intangible assets | 1.12B | 61M | 936M | 805M | 774M | 738M | 670M | 637M | 616M | 578M |
Long term investments | 478M | 21.97B | 24.33B | 21.19B | 19.45B | 16.60B | 16.94B | 15.41B | 14.35B | 14.31B |
Other non-current assets | 29.64B | -1.13B | -24.54B | -21.40B | -19.65B | -14.15B | -14.69B | -13.10B | -12.11B | -12.20B |
Total non-current assets | 31.86B | 22.17B | 24.54B | 21.40B | 19.65B | 2.77B | 2.54B | 2.57B | 2.49B | 2.37B |
Total assets | 32.76B | 29.73B | 31.38B | 27.54B | 25.40B | 21.93B | 21.84B | 20.38B | 18.88B | 18.75B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 1.04B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 25M | 50M | 54M | 54M | 39M | 32M | 24M | 20M | 35M | 49M |
Total current liabilities | 0 | 50M | 54M | 54M | 39M | 13.31B | 12.81B | 12.53B | 11.66B | 11.38B |
| Non-current liabilities: | ||||||||||
Long term debt | 849M | 841M | 843M | 845M | 846M | 834M | 827M | 826M | 821M | 822M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 11.04B | -1.83B | -2.58B | -2.14B | -1.92B | -627M | -40M | -859M | 7.22B | 7.17B |
Total non-current liabilities | 11.89B | 50M | 2.58B | 2.14B | 1.92B | 788M | 787M | 793M | 793M | 791M |
Total liabilities | 20.67B | 19.20B | 18.28B | 16.75B | 15.54B | 14.10B | 13.6B | 13.32B | 12.46B | 12.18B |
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