UL Solutions
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has UL Solutions's balance sheet done over the years? Its assets were worth $2,736,000,000 last year, which is more than in the previous period. 75% of UL Solutions’s total assets is currently financed by debt. Its liabilities reached the amount of $2,058,000,000, which means an increase by 25% compared compared to last year.
Debt to Assets
| 2021 | 3662000000 | 1.33B | 36.32% |
|---|---|---|---|
| 2022 | 2720000000 | 1.64B | 60.4% |
| 2023 | 2736000000 | 2.05B | 75.22% |
ULS Balance Sheet (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 315M | 322M | 1.32B |
Short term investments | 0 | 51M | 47M |
Net receivables | 590M | 547M | 557M |
Inventory | 0 | 0 | 0 |
Other current assets | 48M | 78M | 67M |
Total current assets | 953M | 998M | 1.99B |
Non-current assets: | |||
Property, Plant and Equipment | 706M | 637M | 602M |
Goodwill | 623M | 647M | 621M |
Intangible assets | 211M | 200M | 196M |
Long term investments | 64M | 62M | 44M |
Other non-current assets | 69M | 48M | 34M |
Total non-current assets | 1.78B | 1.72B | 1.66B |
Total assets | 2.73B | 2.72B | 3.66B |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | 162M | 142M | 135M |
Short term debt | 39M | 42M | 36M |
Total current liabilities | 709M | 694M | 792M |
| Non-current liabilities: | |||
Long term debt | 1.02B | 499M | 118M |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 325M | 450M | 420M |
Total non-current liabilities | 1.34B | 949M | 538M |
Total liabilities | 2.05B | 1.64B | 1.33B |