Hess
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Hess's balance sheet done over the years? Its assets were worth $24,007,000,000 last year, which is more than in the previous period. 60% of Hess’s total assets is currently financed by debt. Its liabilities reached the amount of $14,405,000,000, which means an increase by 10% compared compared to last year.
Debt to Assets
| 2014 | 38578000000 | 16.25B | 42.14% |
|---|---|---|---|
| 2015 | 34195000000 | 13.79B | 40.34% |
| 2016 | 28621000000 | 13.03B | 45.53% |
| 2017 | 23112000000 | 10.75B | 46.55% |
| 2018 | 21433000000 | 10.54B | 49.2% |
| 2019 | 21782000000 | 12.07B | 55.44% |
| 2020 | 18821000000 | 12.48B | 66.34% |
| 2021 | 20515000000 | 13.48B | 65.75% |
| 2022 | 21729000000 | 13.10B | 60.32% |
| 2023 | 24007000000 | 14.40B | 60% |
HES Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.68B | 2.48B | 2.71B | 1.73B | 1.54B | 2.69B | 4.84B | 2.73B | 2.71B | 2.44B |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 1.33B | 1.16B | 1.21B | 860M | 1.17B | 1.00B | 1.02B | 1.02B | 1.15B | 2.07B |
Inventory | 304M | 217M | 223M | 378M | 261M | 245M | 232M | 323M | 399M | 527M |
Other current assets | 108M | 1.44B | 1.63B | 1.34B | 1.61B | 1.76B | 54M | 1.54B | 130M | 1.26B |
Total current assets | 3.43B | 3.93B | 4.34B | 3.08B | 3.15B | 4.45B | 6.15B | 4.27B | 4.40B | 6.68B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 18.26B | 15.82B | 14.67B | 14.70B | 17.56B | 16.08B | 16.19B | 23.59B | 26.35B | 27.51B |
Goodwill | 360M | 360M | 360M | 360M | 360M | 360M | 360M | 375M | 375M | 1.85B |
Intangible assets | 0 | 360M | 360M | 360M | 360M | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | -431M | -419M | -440M | -381M | -381M | -434M | -3.02B | -4.02B |
Other non-current assets | 1.63B | 1.47B | 1.49B | 1.03B | 1.06B | 891M | 763M | 750M | 3.43B | 4.37B |
Total non-current assets | 20.57B | 17.79B | 16.16B | 15.74B | 18.62B | 16.97B | 16.95B | 24.34B | 29.79B | 31.89B |
Total assets | 24.00B | 21.72B | 20.51B | 18.82B | 21.78B | 21.43B | 23.11B | 28.62B | 34.19B | 38.57B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 133M | -220M | -200M | -411M | 81M | -435M | -433M | -457M | -708M |
Short term debt | 1.05B | 224M | 606M | 91M | 199M | 67M | 580M | 112M | 86M | 68M |
Total current liabilities | 3.27B | 2.28B | 3.06B | 1.62B | 2.51B | 2.20B | 2.43B | 2.25B | 2.62B | 4.85B |
| Non-current liabilities: | ||||||||||
Long term debt | 8.91B | 8.92B | 8.53B | 8.98B | 7.73B | 6.60B | 6.39B | 6.69B | 6.50B | 5.91B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.61B | 1.06B | 1.89B | 1.87B | 1.83B | 1.73B | 1.49B | 4.08B | 3.28B | 3.47B |
Total non-current liabilities | 11.13B | 10.82B | 10.42B | 10.86B | 9.56B | 8.34B | 8.32B | 10.77B | 11.16B | 11.40B |
Total liabilities | 14.40B | 13.10B | 13.48B | 12.48B | 12.07B | 10.54B | 10.75B | 13.03B | 13.79B | 16.25B |
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