Stock Analysis on Net
Stock Analysis on Net

Activision Blizzard Inc. (NASDAQ:ATVI)

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Activision Blizzard Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Cash and cash equivalents 8,647  5,794  4,225  4,713  3,245 
Accounts receivable, net of allowances 1,052  848  1,035  918  732 
Software development 352  322  264  367  412 
Other current assets 514  328  582  522  441 
Current assets 10,565  7,292  6,106  6,520  4,830 
Software development 160  54  65  86  54 
Property and equipment, net 209  253  282  294  258 
Deferred income taxes, net 1,318  1,293  403  459  283 
Other assets 641  658  482  440  401 
Intangible assets, net 451  531  735  1,106  1,858 
Goodwill 9,765  9,764  9,762  9,763  9,768 
Non-current assets 12,544  12,553  11,729  12,148  12,622 
Total assets 23,109  19,845  17,835  18,668  17,452 

Based on: 10-K (filing date: 2021-02-23), 10-K (filing date: 2020-02-27), 10-K (filing date: 2019-02-28), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-28).


Assets: Selected Items

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. Activision Blizzard Inc.’s current assets increased from 2018 to 2019 and from 2019 to 2020.
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. Activision Blizzard Inc.’s property and equipment, net decreased from 2018 to 2019 and from 2019 to 2020.
Non-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 after one year or beyond the normal operating cycle, if longer. Activision Blizzard Inc.’s non-current assets increased from 2018 to 2019 but then slightly decreased from 2019 to 2020.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Activision Blizzard Inc.’s total assets increased from 2018 to 2019 and from 2019 to 2020.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Activision Blizzard Inc.’s cash and cash equivalents increased from 2018 to 2019 and from 2019 to 2020.
Accounts receivable, net of allowances Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Activision Blizzard Inc.’s accounts receivable, net of allowances decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level.