Philip Morris Balance Sheet - Quarterly (NYSE:PM)

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$80.3 $0.97 (1.22%) PM stock closing price Sep 17, 2018 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Philip Morris, and helps in stock analysis. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Philip Morris stock analysis. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The balance sheet shows total liabilities of $50.89B and shareholders equity of $-10.17B. Philip Morris revenue and Philip Morris operating cash flow are important in understanding the financial capacity of the company.

View and download Philip Morris quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash6.59B7.2B8.45B7.67B6.2B5.08B4.24B4.88B3.81B2.94B
Marketable Securities----------
Receivables3.77B3.89B3.74B3.99B3.65B3.09B3.5B3.1B3.09B2.99B
Inventory8.93B8.59B8.81B8.28B7.73B8.01B9.02B7.49B7.99B8.7B
Raw Materials3.92B4.22B4.17B4.19B4.22B4.21B4.07B4.33B4.38B4.65B
Work In Progress----------
Finished Goods5B4.37B4.64B4.09B3.51B3.79B4.95B3.16B3.61B4.05B
Notes Receivable----------
Other Current Assets13.44B907M603M924M857M711M853M1.1B1.16B1.3B
Total Current Assets
20.03B20.59B21.59B20.86B18.43B16.88B17.61B16.57B16.05B15.93B
Property Plant & Equipment14.38B15.06B14.57B13.97B13.56B12.86B12.36B12.7B12.32B12.2B
Accumulated Depreciation7.27B7.6B7.3B7.12B6.93B6.6B6.3B6.57B6.39B6.34B
Net Property Plant & Equipment
7.11B7.46B7.27B6.86B6.63B6.26B6.06B6.13B5.93B5.87B
Investment & Advances1.35B1.4B1.07B1.08B1.07B1.08B1.01B986M948M942M
Other Non-Current Assets----------
Deferred Charges909M1.15B1.01B1.14B800M834M859M---
Intangibles9.65B10.12B10.1B10.18B10.14B10B9.79B10.22B10.23B10.35B
Deposits & Other Assets2.58B2.35B1.92B1.84B1.59B1.56B1.52B1.66B1.65B1.54B
Total Assets
40.72B43.07B42.97B41.95B38.66B36.63B36.85B35.58B34.8B34.62B
Notes Payable----------
Accounts Payable1.95B2.16B2.24B1.97B1.91B1.75B1.67B1.57B1.55B1.5B
Current Portion Long-Term Debt3.62B5.27B3.01B5.91B5.15B2.76B3.22B3.13B1.87B3.11B
Current Portion Capital Leases----------
Accrued Expenses11.33B9.75B9.9B10.17B9.76B8.52B10.75B8.63B8.53B8.82B
Income Taxes Payable543M508M812M463M421M330M832M932M720M667M
Other Current Liabilities13.82B---------
Total Current Liabilities
17.44B17.69B15.96B18.51B17.24B13.36B16.47B14.26B12.67B14.09B
Mortgages----------
Deferred Taxes/Income793M822M799M1.04B1.36B1.74B1.9B1.38B1.46B1.38B
Convertible Debt----------
Long-Term Debt28.05B29.58B31.33B28.07B26.6B28.59B25.85B26.96B28.1B26.68B
Non-Current Capital Leases----------
Other Long-Term Liabilities4.61B5.46B5.1B3.97B3.74B3.5B3.54B3.3B3.37B3.36B
Total Liabilities
50.89B53.55B53.2B51.58B48.94B47.18B47.75B45.89B45.6B45.52B
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus1.89B1.86B1.97B1.94B1.92B1.89B1.96B1.93B1.91B1.87B
Retained Earnings30.41B29.99B29.86B30.83B30.53B30.37B30.4B30.31B29.99B29.79B
Treasury Stock35.31B35.31B35.38B35.38B35.38B35.39B35.49B35.49B35.49B35.5B
Other Liabilities1.75B-7.02B-6.68B-7.02B-7.34B-7.43B-7.77B-7.06B-7.2B-7.06B
Shareholders Equity-10.17B-10.48B-10.23B-9.63B-10.28B-10.56B-10.9B-10.32B-10.8B-10.89B
Total Liabilities & Shareholders Equity40.72B43.07B42.97B41.95B38.66B36.63B36.85B35.58B34.8B34.62B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at Philip Morris historical stock prices and the current Philip Morris stock price can tell you how the stock price has moved, whereas the Philip Morris PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: PM total assets, which was at $40.72B for 2018 Q2 is a balance sheet item representing value of what Philip Morris owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Philip Morris's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for PM stock stand at $50.89B.

Philip Morris Balance Sheet - Key Ratios

Current ratio
1.15
Debt to equity ratio
0
Asset turnover ratio
2.02
Receivables turnover
21.47