United Parcel Service
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has United Parcel Service's balance sheet done over the years? Its assets were worth $70,857,000,000 last year, which is less than in the previous period. 76% of United Parcel Service’s total assets is currently financed by debt. Its liabilities reached the amount of $53,543,000,000, which means an increase by 4% compared compared to last year.
Debt to Assets
| 2014 | 35471000000 | 33.31B | 93.92% |
|---|---|---|---|
| 2015 | 38311000000 | 35.82B | 93.5% |
| 2016 | 40401000000 | 39.97B | 98.94% |
| 2017 | 45403000000 | 44.37B | 97.73% |
| 2018 | 49589000000 | 46.55B | 93.88% |
| 2019 | 57857000000 | 54.57B | 94.33% |
| 2020 | 62492000000 | 61.73B | 98.8% |
| 2021 | 69405000000 | 55.13B | 79.44% |
| 2022 | 71124000000 | 51.32B | 72.16% |
| 2023 | 70857000000 | 53.54B | 75.56% |
UPS Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 3.20B | 5.60B | 10.25B | 5.91B | 5.23B | 4.22B | 3.32B | 3.47B | 2.73B | 2.29B |
Short term investments | 2.86B | 1.99B | 338M | 406M | 503M | 810M | 749M | 1.09B | 1.99B | 992M |
Net receivables | 11.45B | 12.58B | 12.54B | 10.75B | 9.93B | 9.89B | 10.34B | 7.69B | 7.13B | 6.66B |
Inventory | 935M | 889M | 717M | 620M | 511M | 421M | 404M | 342M | 308M | 344M |
Other current assets | 953M | 2.03B | 1.8B | 1.95B | 11.36B | 10.69B | 899M | 8.82B | 1.04B | 1.52B |
Total current assets | 19.41B | 22.21B | 24.93B | 20.3B | 17.10B | 15.73B | 15.54B | 13.38B | 13.20B | 11.80B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 41.25B | 38.47B | 37.03B | 35.32B | 30.48B | 26.57B | 22.11B | 18.8B | 18.35B | 18.28B |
Goodwill | 4.87B | 4.22B | 3.69B | 3.36B | 3.81B | 3.81B | 3.87B | 3.75B | 3.41B | 2.18B |
Intangible assets | 3.30B | 2.79B | 2.48B | 2.27B | 2.16B | 2.07B | 1.96B | 1.75B | 1.54B | 847M |
Long term investments | 0 | 20M | 26M | 25M | 21M | 170M | 483M | 476M | 473M | 489M |
Other non-current assets | 1.88B | 3.25B | 1.05B | 672M | 3.94B | 1.08B | 1.15B | 1.63B | 1.05B | 1.21B |
Total non-current assets | 51.44B | 48.90B | 44.47B | 42.19B | 40.75B | 33.85B | 29.85B | 27.01B | 25.10B | 23.66B |
Total assets | 70.85B | 71.12B | 69.40B | 62.49B | 57.85B | 49.58B | 45.40B | 40.40B | 38.31B | 35.47B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 139M | 5.90B | 5.58B | 4.25B | 4.57B | 3.90B | 3.71B | 2.91B | 3.02B |
Short term debt | 4.76B | 2.96B | 2.71B | 3.18B | 3.95B | 2.80B | 4.01B | 3.68B | 3.01B | 923M |
Total current liabilities | 17.67B | 18.14B | 17.56B | 17.01B | 15.41B | 14.08B | 12.70B | 11.85B | 10.69B | 8.63B |
| Non-current liabilities: | ||||||||||
Long term debt | 22.30B | 20.55B | 22.81B | 24.57B | 21.81B | 19.93B | 20.72B | 12.39B | 11.74B | 9.40B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 9.79B | 4.01B | 3.57B | 3.84B | 1.43B | 1.42B | 10.18B | 1.22B | 13.26B | 15.18B |
Total non-current liabilities | 35.86B | 33.18B | 37.56B | 44.72B | 39.16B | 32.46B | 31.66B | 28.11B | 25.12B | 24.67B |
Total liabilities | 53.54B | 51.32B | 55.13B | 61.73B | 54.57B | 46.55B | 44.37B | 39.97B | 35.82B | 33.31B |
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