The Timken Company
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has The Timken Company's balance sheet done over the years? Its assets were worth $6,541,700,000 last year, which is more than in the previous period. 59% of The Timken Company’s total assets is currently financed by debt. Its liabilities reached the amount of $3,839,300,000, which means an increase by 12% compared compared to last year.
Debt to Assets
| 2014 | 3001400000 | 1.41B | 47.05% |
|---|---|---|---|
| 2015 | 2790400000 | 1.43B | 51.36% |
| 2016 | 2758300000 | 1.45B | 52.65% |
| 2017 | 3402400000 | 1.92B | 56.65% |
| 2018 | 4445200000 | 2.80B | 63.05% |
| 2019 | 4859900000 | 2.90B | 59.78% |
| 2020 | 5041600000 | 2.81B | 55.86% |
| 2021 | 5170700000 | 2.79B | 54.02% |
| 2022 | 5772400000 | 3.41B | 59.24% |
| 2023 | 6541700000 | 3.83B | 58.69% |
TKR Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 418.9M | 331.6M | 257.1M | 320.3M | 209.5M | 133.1M | 121.6M | 148.8M | 129.6M | 278.8M |
Short term investments | 31.6M | 39.2M | 56.9M | 37.6M | 25.8M | 21.8M | 16.39M | 11.7M | 9.7M | 8.4M |
Net receivables | 816.2M | 803.5M | 730.9M | 692M | 674.3M | 663.2M | 524.9M | 438M | 454.6M | 475.7M |
Inventory | 1.22B | 1.19B | 1.04B | 841.3M | 842M | 835.7M | 738.9M | 545.8M | 543.2M | 585.5M |
Other current assets | 170.7M | 168.5M | 182M | 145.9M | 142.1M | 105.2M | 114.7M | 68.7M | 79M | 141.9M |
Total current assets | 2.63B | 2.50B | 2.21B | 2.00B | 1.87B | 1.73B | 1.50B | 1.20B | 1.19B | 1.48B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.43B | 1.30B | 1.17B | 1.15B | 1.10B | 912.1M | 864.2M | 804.4M | 777.8M | 780.5M |
Goodwill | 1.36B | 1.09B | 1.02B | 1.04B | 993.7M | 960.5M | 511.8M | 357.5M | 327.3M | 259.5M |
Intangible assets | 1.03B | 765.3M | 668.8M | 741.4M | 758.5M | 733.2M | 420.6M | 271M | 271.3M | 239.8M |
Long term investments | 1.7M | 1.8M | -67.6M | -75M | -31.8M | -52.8M | -41.3M | -22.3M | 20.4M | 126.3M |
Other non-current assets | 28.2M | 23.2M | 91.5M | 96.5M | 89.8M | 96M | 86M | 89.3M | 128.9M | 303.3M |
Total non-current assets | 3.90B | 3.26B | 2.95B | 3.04B | 2.98B | 2.70B | 1.90B | 1.55B | 1.59B | 1.51B |
Total assets | 6.54B | 5.77B | 5.17B | 5.04B | 4.85B | 4.44B | 3.40B | 2.75B | 2.79B | 3.00B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 45.4M | 54.3M | 222.2M | 151.8M | 152.3M | 23.5M | 137.7M | 102.8M | 107.8M | 226.8M |
Short term debt | 631.5M | 49M | 53.8M | 157.9M | 110.3M | 43M | 108.1M | 24.2M | 77.1M | 8M |
Total current liabilities | 1.47B | 1.01B | 896.6M | 848M | 736.6M | 685.6M | 671.7M | 452.7M | 497.7M | 533.8M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.86B | 1.97B | 1.48B | 1.50B | 1.71B | 1.63B | 854.2M | 635M | 579.4M | 522.1M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 312.5M | 148.1M | 206.3M | 254.7M | 252.2M | 208.3M | 357.6M | 78.4M | 351.2M | 352.3M |
Total non-current liabilities | 2.36B | 2.40B | 1.89B | 1.96B | 2.16B | 2.11B | 1.25B | 999.6M | 935.4M | 878.5M |
Total liabilities | 3.83B | 3.41B | 2.79B | 2.81B | 2.90B | 2.80B | 1.92B | 1.45B | 1.43B | 1.41B |
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