Stock Analysis on Net

Activision Blizzard Inc. (NASDAQ:ATVI)

This company has been moved to the archive! The financial data has not been updated since July 31, 2023.

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company 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 (quarterly data)

US$ in millions

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Cash and cash equivalents 10,770 9,236 7,060 7,743 10,483 10,967 10,423 9,718 9,209 9,281 8,647 7,415 6,338 5,906 5,794 4,939 4,592 4,696 4,225 3,308 4,857 5,217
Held-to-maturity investments 2,314 3,280 4,932 2,945
Accounts receivable, net 1,035 764 1,204 658 572 530 972 585 682 773 1,052 619 614 590 848 386 455 594 1,035 641 418 431
Software development 762 715 640 1,011 768 433 449 227 249 283 352 398 331 293 322 240 184 184 264 348 320 298
Other current assets 615 524 633 753 684 556 712 681 747 585 514 570 436 330 328 447 432 563 582 675 539 464
Current assets 15,496 14,519 14,469 13,110 12,507 12,486 12,556 11,211 10,887 10,922 10,565 9,002 7,719 7,119 7,292 6,012 5,663 6,037 6,106 4,972 6,134 6,410
Software development 684 622 641 156 124 289 211 349 267 207 160 145 134 90 54 109 90 80 65 174 131 92
Property and equipment, net 204 199 193 171 175 174 169 171 174 192 209 211 222 236 253 249 259 264 282 281 281 286
Deferred income taxes, net 1,289 1,180 1,201 1,266 1,259 1,308 1,377 1,400 1,447 1,250 1,318 1,287 1,221 1,234 1,293 357 366 373 403 243 324 400
Other assets 479 507 508 541 545 511 497 632 583 643 641 699 677 664 658 731 721 751 482 454 415 458
Intangible assets, net 437 437 442 448 453 445 447 449 449 446 451 469 484 498 531 583 633 680 735 826 910 987
Goodwill 9,929 9,929 9,929 9,928 9,931 9,799 9,799 9,765 9,765 9,765 9,765 9,764 9,763 9,763 9,764 9,764 9,763 9,763 9,762 9,763 9,763 9,764
Non-current assets 13,022 12,874 12,914 12,510 12,487 12,526 12,500 12,766 12,685 12,503 12,544 12,575 12,501 12,485 12,553 11,793 11,832 11,911 11,729 11,741 11,824 11,987
Total assets 28,518 27,393 27,383 25,620 24,994 25,012 25,056 23,977 23,572 23,425 23,109 21,577 20,220 19,604 19,845 17,805 17,495 17,948 17,835 16,713 17,958 18,397

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).


Cash and Cash Equivalents
There was a decline from March 2018 (US$5217 million) to September 2018 (US$3308 million), followed by a consistent upward trend peaking in March 2022 at US$10967 million. Afterward, a notable decrease occurred in 2022 Q4 (US$7743 million) and 2023 Q1 (US$7060 million), followed by a recovery in June 2023 (US$10770 million).
Held-to-Maturity Investments
Data was missing until March 2023, when it appeared at US$2945 million, peaking in June 2023 at US$4932 million, then declining slightly by December 2023.
Accounts Receivable, Net
Accounts receivable fluctuated with peaks in December 2018 (US$1035 million), December 2020 (US$1052 million), and March 2023 (US$1204 million). There were intermittent decreases, with lows primarily in mid-2019 and mid-2022 periods.
Software Development (Current Assets)
Display a mixed pattern, with an initial increase from March 2018 (US$298 million) leading to December 2020 (US$352 million), then declining during 2021 before a remarkable increase to a peak in September 2022 (US$1011 million), followed by a reduction in subsequent quarters.
Other Current Assets
This category evidenced variability without a clear trend, fluctuating between approximately US$328 million and US$747 million, with no significant sustained directional movement over the period.
Current Assets (Total)
Generally, current assets increased steadily from US$6410 million in March 2018 to US$15496 million by June 2023. Minor fluctuations are observed but the overall trajectory is positive.
Software Development (Non-Current Assets)
Non-current software development assets showed oscillating values, with spikes in March 2021 (US$207 million), September 2021 (US$349 million), then a decline until June 2022, followed by a sharp increase in 2023 to US$684 million.
Property and Equipment, Net
There was a gradual decline in net property and equipment from March 2018 (US$286 million) to December 2020 (US$209 million), after which values stabilized between US$171 million and US$204 million with a slight upward trend in 2023.
Deferred Income Taxes, Net
Deferred income taxes showed an initial fluctuation, reaching a peak in December 2018 (US$1293 million), then fluctuated modestly around US$1200-1400 million, showing no significant directional trend but a slight gradual decrease during 2022 and early 2023.
Other Assets
Other assets were variable throughout the period, initially decreasing from March 2018 (US$458 million) and stabilizing around US$500-700 million, eventually declining slightly towards June 2023.
Intangible Assets, Net
Intangible assets presented a declining trend from March 2018 (US$987 million) to June 2023 (US$437 million), indicating amortization or impairment over time with no notable reversals.
Goodwill
Goodwill remained relatively stable around US$9763 million until a slight increase commenced in December 2020, peaking at US$9929 million in late 2022 and maintaining the level into 2023.
Non-Current Assets (Total)
Non-current assets were largely stable with minor fluctuations around US$11800 million to US$13000 million over the period, showing some slight increase approaching 2023.
Total Assets
Total assets experienced an overall upward trend, starting at US$18397 million in March 2018, followed by a temporary dip to US$16713 million in September 2018, and thereafter steady growth to US$28518 million by June 2023.

Assets: Selected Items


Current Assets: Selected Items