Truist 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 Truist Financial's balance sheet done over the years? Its assets were worth $535,349,000,000 last year, which is less than in the previous period. 89% of Truist Financial’s total assets is currently financed by debt. Its liabilities reached the amount of $476,096,000,000, which means an decrease by -4% compared compared to last year.
Debt to Assets
| 2014 | 186814000000 | 162.38B | 86.92% |
|---|---|---|---|
| 2015 | 209947000000 | 182.60B | 86.98% |
| 2016 | 219276000000 | 189.35B | 86.35% |
| 2017 | 221642000000 | 191.94B | 86.6% |
| 2018 | 225697000000 | 195.51B | 86.63% |
| 2019 | 473078000000 | 406.52B | 85.93% |
| 2020 | 509228000000 | 438.31B | 86.07% |
| 2021 | 541241000000 | 471.97B | 87.2% |
| 2022 | 555255000000 | 494.71B | 89.1% |
| 2023 | 535349000000 | 476.09B | 88.93% |
TFC-PI Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 30.64B | 21.42B | 20.29B | 18.86B | 19.06B | 3.88B | 2.58B | 3.79B | 3.55B | 2.16B |
Short term investments | 0 | 71.80B | 153.12B | 120.78B | 74.72B | 25.03B | 24.54B | 26.92B | 25.29B | 20.90B |
Net receivables | 0 | 11.77B | 10.34B | 5.24B | 6.12B | 2.01B | 1.90B | 0 | 0 | 0 |
Inventory | 0 | -11.77B | -39.87B | -34.24B | -31.81B | -11M | 0 | 0 | 0 | 0 |
Other current assets | 1.13B | -71.80B | 39.87B | 34.24B | 31.81B | 135.38B | 131.46B | 131.30B | 0 | 0 |
Total current assets | 30.64B | 21.42B | 183.76B | 144.89B | 99.91B | 166.30B | 160.62B | 162.01B | 153.99B | 135.62B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 6.08B | 3.60B | 3.7B | 3.87B | 3.71B | 2.11B | 2.05B | 2.10B | 2.00B | 1.82B |
Goodwill | 20.90B | 27.01B | 26.09B | 24.44B | 24.15B | 9.81B | 9.61B | 9.63B | 8.54B | 6.86B |
Intangible assets | 6.53B | 7.43B | 6.04B | 5.00B | 5.77B | 1.86B | 1.76B | 1.90B | 1.56B | 1.34B |
Long term investments | 0 | 134.41B | 159.04B | 124.66B | 80.46B | 45.59B | 47.57B | 43.60B | 43.82B | 41.14B |
Other non-current assets | 471.18B | -124.57B | 1.60B | -716M | 844M | 1.71B | 1.46B | 1.13B | 1.02B | 751M |
Total non-current assets | 504.70B | 34.29B | 194.87B | 157.98B | 114.09B | 59.39B | 61.01B | 57.25B | 55.94B | 51.19B |
Total assets | 535.34B | 555.25B | 541.24B | 509.22B | 473.07B | 225.69B | 221.64B | 219.27B | 209.94B | 186.81B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | -13.60B | 0 | 0 | 0 | -53.02B | -150.03B | -50.69B | 0 | 0 |
Short term debt | 20.77B | 23.42B | 5.29B | 6.09B | 18.21B | 5.17B | 4.93B | 1.40B | 3.59B | 3.71B |
Total current liabilities | 132.44B | 23.42B | 5.29B | 6.09B | 18.21B | 10.61B | 10.92B | 7.15B | 9.71B | 8.31B |
| Non-current liabilities: | ||||||||||
Long term debt | 38.90B | 43.20B | 35.91B | 39.59B | 41.33B | 23.70B | 23.64B | 21.96B | 23.76B | 23.31B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 412.36B | 441.69B | -35.91B | -39.59B | -41.33B | 5.33B | 14.51B | -1.87B | 155.24B | 135.35B |
Total non-current liabilities | 451.26B | 471.29B | 35.91B | 39.59B | 41.33B | 23.70B | 23.64B | 21.96B | 23.29B | 22.81B |
Total liabilities | 476.09B | 494.71B | 471.97B | 438.31B | 406.52B | 195.51B | 191.94B | 189.35B | 182.60B | 162.38B |
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