Telefonaktiebolaget LM Ericsson (publ)
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Telefonaktiebolaget LM Ericsson (publ)'s balance sheet done over the years? Its assets were worth $297,036,000,000 last year, which is less than in the previous period. 67% of Telefonaktiebolaget LM Ericsson (publ)’s total assets is currently financed by debt. Its liabilities reached the amount of $199,628,000,000, which means an decrease by -8% compared compared to last year.
Debt to Assets
| 2014 | 293558000000 | 148.24B | 50.5% |
|---|---|---|---|
| 2015 | 284363000000 | 136.99B | 48.18% |
| 2016 | 283347000000 | 142.85B | 50.42% |
| 2017 | 260544000000 | 160.36B | 61.55% |
| 2018 | 268761000000 | 180.99B | 67.34% |
| 2019 | 276383000000 | 194.50B | 70.38% |
| 2020 | 271530000000 | 186.35B | 68.63% |
| 2021 | 305614000000 | 198.51B | 64.96% |
| 2022 | 349537000000 | 216.23B | 61.86% |
| 2023 | 297036000000 | 199.62B | 67.21% |
ERIC Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 35.19B | 38.34B | 54.05B | 43.61B | 45.07B | 38.38B | 35.88B | 36.96B | 40.22B | 40.98B |
Short term investments | 15.15B | 8.73B | 12.93B | 6.82B | 6.75B | 6.62B | 6.71B | 13.32B | 26.04B | 31.17B |
Net receivables | 55.78B | 80.87B | 72.65B | 71.26B | 71.21B | 86.89B | 83.52B | 95.17B | 74.71B | 83.34B |
Inventory | 36.20B | 45.84B | 35.16B | 28.09B | 30.86B | 29.25B | 24.96B | 30.30B | 28.43B | 28.17B |
Other current assets | 18.48B | 2.50B | 2.29B | 1.85B | 1.41B | 2.77B | 25.18B | 6.99B | 20.10B | 18.10B |
Total current assets | 154.98B | 173.80B | 174.80B | 149.79B | 153.91B | 161.16B | 154.82B | 175.77B | 189.52B | 201.78B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 18.51B | 22.10B | 21.52B | 21.36B | 22.33B | 12.84B | 12.85B | 16.73B | 15.90B | 13.34B |
Goodwill | 52.94B | 84.57B | 38.20B | 34.94B | 31.2B | 30.03B | 27.81B | 43.38B | 41.08B | 38.33B |
Intangible assets | 27.34B | 30.04B | 7.35B | 8.66B | 6.53B | 7.71B | 8.74B | 15.82B | 14.80B | 16.10B |
Long term investments | 20.86B | 19.20B | 40.04B | 29.24B | 28.96B | 32.66B | 32.90B | 13.98B | 7.66B | 9.28B |
Other non-current assets | 0 | 415M | 568M | 1.22B | 2.26B | 1.18B | 2.17B | 2.12B | 2.19B | 1.93B |
Total non-current assets | 142.04B | 175.73B | 130.80B | 121.73B | 122.46B | 107.59B | 105.72B | 107.57B | 94.83B | 91.76B |
Total assets | 297.03B | 349.53B | 305.61B | 271.53B | 276.38B | 268.76B | 260.54B | 283.34B | 284.36B | 293.55B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 42.25B | 32.83B | 26.44B | 29.04B | 29.34B | 27.06B | 19.38B | 16.26B | 21.13B |
Short term debt | 19.89B | 8.47B | 11.81B | 10.13B | 11.72B | 2.25B | 2.54B | 8.03B | 2.37B | 2.28B |
Total current liabilities | 129.39B | 145.62B | 126.95B | 114.32B | 116.81B | 110.91B | 97.58B | 94.76B | 87.09B | 100.82B |
| Non-current liabilities: | ||||||||||
Long term debt | 34.43B | 33.76B | 29.32B | 29.32B | 35.85B | 30.87B | 30.5B | 18.65B | 22.74B | 21.86B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 35.79B | 32.06B | 1.58B | 1.38B | 2.11B | 4.34B | 3.67B | 2.62B | 4.32B | 4.97B |
Total non-current liabilities | 70.22B | 70.61B | 71.56B | 72.03B | 77.68B | 70.07B | 62.78B | 48.09B | 49.90B | 47.42B |
Total liabilities | 199.62B | 216.23B | 198.51B | 186.35B | 194.50B | 180.99B | 160.36B | 142.85B | 136.99B | 148.24B |
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