Stock Analysis on Net

Adobe Inc. (NASDAQ:ADBE)

$19.99

Analysis of Property, Plant and Equipment

Microsoft Excel LibreOffice Calc

Paying users area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Apple Pay Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Property, Plant and Equipment Disclosure

Adobe Inc., balance sheet: property, plant and equipment

US$ in millions

Microsoft Excel LibreOffice Calc
Dec 3, 2021 Nov 27, 2020 Nov 29, 2019 Nov 30, 2018 Dec 1, 2017 Dec 2, 2016
Computers and other equipment
Buildings
Building improvements
Leasehold improvements
Land
Furniture and fixtures
Capital projects in-progress
Property and equipment, cost
Accumulated depreciation and amortization
Property and equipment, net

Based on: 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02).

Item Description The company
Property and equipment, cost Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Adobe Inc. property and equipment, cost increased from 2019 to 2020 and from 2020 to 2021.
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. Adobe Inc. property and equipment, net increased from 2019 to 2020 and from 2020 to 2021.

Asset Age Ratios (Summary)

Adobe Inc., asset age ratios

Microsoft Excel LibreOffice Calc
Dec 3, 2021 Nov 27, 2020 Nov 29, 2019 Nov 30, 2018 Dec 1, 2017 Dec 2, 2016
Average age ratio
Estimated total useful life (years)
Estimated age, time elapsed since purchase (years)
Estimated remaining life (years)

Based on: 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02).

Asset age ratio Description The company
Average age ratio As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company fixed asset base is old or new. Newer assets are likely to be more efficient. Adobe Inc. average age ratio of depreciable property, plant and equipment improved from 2019 to 2020 and from 2020 to 2021.
Estimated total useful life Over longer time periods, this ratio is a useful measure of company depreciation policy and can be used for comparisons with competitors. Adobe Inc. estimated total useful life of depreciable property, plant and equipment decreased from 2019 to 2020 and from 2020 to 2021.
Estimated time elapsed since purchase The approximate age in years of a company fixed assets. Useful for comparison purposes. Adobe Inc. estimated time elapsed since purchase of depreciable property, plant and equipment improved from 2019 to 2020 and from 2020 to 2021.
Estimated remaining life Adobe Inc. estimated remaining life of depreciable property, plant and equipment increased from 2019 to 2020 and from 2020 to 2021.

Average Age

Microsoft Excel LibreOffice Calc
Dec 3, 2021 Nov 27, 2020 Nov 29, 2019 Nov 30, 2018 Dec 1, 2017 Dec 2, 2016
Selected Financial Data (US$ in millions)
Accumulated depreciation and amortization
Property and equipment, cost
Land
Asset Age Ratio
Average age1

Based on: 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02).

2021 Calculations

1 Average age = 100 × Accumulated depreciation and amortization ÷ (Property and equipment, cost – Land)
= 100 × ÷ () =

Asset age ratio Description The company
Average age As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company fixed asset base is old or new. Newer assets are likely to be more efficient. Adobe Inc. average age ratio of depreciable property, plant and equipment improved from 2019 to 2020 and from 2020 to 2021.

Estimated Total Useful Life

Microsoft Excel LibreOffice Calc
Dec 3, 2021 Nov 27, 2020 Nov 29, 2019 Nov 30, 2018 Dec 1, 2017 Dec 2, 2016
Selected Financial Data (US$ in millions)
Property and equipment, cost
Land
Depreciation and amortization expense of property and equipment
Asset Age Ratio (Years)
Estimated total useful life1

Based on: 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02).

2021 Calculations

1 Estimated total useful life = (Property and equipment, cost – Land) ÷ Depreciation and amortization expense of property and equipment
= () ÷ =

Asset age ratio Description The company
Estimated total useful life Over longer time periods, this ratio is a useful measure of company depreciation policy and can be used for comparisons with competitors. Adobe Inc. estimated total useful life of depreciable property, plant and equipment decreased from 2019 to 2020 and from 2020 to 2021.

Estimated Age, Time Elapsed since Purchase

Microsoft Excel LibreOffice Calc
Dec 3, 2021 Nov 27, 2020 Nov 29, 2019 Nov 30, 2018 Dec 1, 2017 Dec 2, 2016
Selected Financial Data (US$ in millions)
Accumulated depreciation and amortization
Depreciation and amortization expense of property and equipment
Asset Age Ratio (Years)
Time elapsed since purchase1

Based on: 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02).

2021 Calculations

1 Time elapsed since purchase = Accumulated depreciation and amortization ÷ Depreciation and amortization expense of property and equipment
= ÷ =

Asset age ratio Description The company
Estimated time elapsed since purchase The approximate age in years of a company fixed assets. Useful for comparison purposes. Adobe Inc. estimated time elapsed since purchase of depreciable property, plant and equipment improved from 2019 to 2020 and from 2020 to 2021.

Estimated Remaining Life

Microsoft Excel LibreOffice Calc
Dec 3, 2021 Nov 27, 2020 Nov 29, 2019 Nov 30, 2018 Dec 1, 2017 Dec 2, 2016
Selected Financial Data (US$ in millions)
Property and equipment, net
Land
Depreciation and amortization expense of property and equipment
Asset Age Ratio (Years)
Estimated remaining life1

Based on: 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02).

2021 Calculations

1 Estimated remaining life = (Property and equipment, net – Land) ÷ Depreciation and amortization expense of property and equipment
= () ÷ =

Asset age ratio Description The company
Estimated remaining life Adobe Inc. estimated remaining life of depreciable property, plant and equipment increased from 2019 to 2020 and from 2020 to 2021.