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 commonsize 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.
CommonSize Balance Sheet: Mobil 1990
Cash and Marketable Securities 2.8%
Notes and Accounts Receivable 10.9%
Other Current Assets 1.5% Total Current Assets 27.7%
Investments and Advances 9.9%
Property, Plant, and Equipment 60.6%
Other LongTerm Assets 1.8% Total Assets 100.0% ======Liabilities:
LongTerm Debt 17.2%[exhibit continued on the following page]
1Fortune Magazine, "The Top 500 Industrial Companies," Fortune, 23 April 1990, 1156.
[exhibit continued from the preceding page]
Other LongTerm Liabilities 15.5% Total Liabilities ...