Stock Analysis on Net
Stock Analysis on Net

Palo Alto Networks Inc. (NASDAQ:PANW)

Common-Size Balance Sheet: Assets

Palo Alto Networks Inc., common-size consolidated balance sheet: assets

Microsoft Excel
Jul 31, 2023 Jul 31, 2022 Jul 31, 2021 Jul 31, 2020 Jul 31, 2019 Jul 31, 2018
Cash and cash equivalents 7.83 17.29 18.30 32.63 14.58 43.05
Short-term investments 8.65 12.37 10.03 8.71 27.94 15.40
Accounts receivable, net of allowance for credit losses 16.99 17.48 12.11 11.44 8.83 8.03
Short-term financing receivables, net 2.68 0.91 0.77 0.00 0.00 0.00
Short-term deferred contract costs 2.34 2.59 2.70 2.27 2.29 0.00
Prepaid expenses and other current assets 3.22 1.70 1.47 1.53 1.94 4.49
Current assets 41.71% 52.35% 45.38% 56.58% 55.59% 70.96%
Property and equipment, net 2.44 2.92 3.11 3.84 4.49 4.69
Operating lease right-of-use assets 1.82 1.97 2.57 2.85 0.00 0.00
Long-term investments 21.02 8.58 8.67 6.12 8.73 9.40
Long-term financing receivables, net 4.51 1.57 1.90 0.00 0.00 0.00
Long-term deferred contract costs 3.77 4.49 4.83 4.66 4.92 0.00
Goodwill 20.18 22.42 26.46 20.00 20.51 8.98
Intangible assets, net 2.18 3.14 4.87 3.95 4.26 2.42
Other assets 2.38 2.55 2.22 2.00 1.50 3.55
Long-term assets 58.29% 47.65% 54.62% 43.42% 44.41% 29.04%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31), 10-K (reporting date: 2018-07-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Palo Alto Networks Inc. current assets as a percentage of total assets increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Palo Alto Networks Inc. property and equipment, net as a percentage of total assets decreased from 2021 to 2022 and from 2022 to 2023.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Palo Alto Networks Inc. long-term assets as a percentage of total assets decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.