Mobil Corp. is the second largest oil company in the United States, and the sixth largest company of any kind in the country.1 A common size balance sheet for the company is presented in Exhibit 1, which may be found beginning below on this page, and a financial ratio analysis summary for the firm is presented in Exhibit 2, which may be found beginning on the following page.
Common Size Balance Sheet: Mobil 1990
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Cash and Marketable Securities 2.8%
Notes and Accounts Receivable 10.9%
Inventories 12.8%
Other Current Assets 1.5% Total Current Assets 27.7%
Investments and Advances 9.9%
Property, Plant, and Equipment 60.6%
Other Long Term Assets 1.8% Total Assets 100.0% ======Liabilities:
Current 26.5%
Long Term Debt 17.2%[exhibit continued on the following page]
1Fortune Magazine, "The Top 500 Industrial Companies," Fortune, 23 April 1990, 11 56.
[exhibit continued from the preceding page]
Other Long Term Liabilities 15.5% Total Liabilities ...