Stock Analysis on Net

Adobe Inc. (NASDAQ:ADBE)

$24.99

Common-Size Balance Sheet: Assets

Paying user 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 Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Adobe Inc., common-size consolidated balance sheet: assets

Microsoft Excel
Nov 29, 2024 Dec 1, 2023 Dec 2, 2022 Dec 3, 2021 Nov 27, 2020 Nov 29, 2019
Cash and cash equivalents
Short-term investments
Trade receivables, net of allowances for doubtful accounts
Prepaid expenses and other current assets
Current assets
Property and equipment, net
Operating lease right-of-use assets, net
Goodwill
Other intangibles, net
Deferred income taxes
Other assets
Long-term assets
Total assets

Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29).


Cash and Cash Equivalents
The proportion of cash and cash equivalents relative to total assets exhibited an overall upward trend from 12.76% in 2019 to 25.18% in 2024, peaking significantly in 2023 and 2024. This indicates an increasing liquidity preference or accumulation of readily available funds over the period.
Short-term Investments
Short-term investments as a percentage of total assets showed a declining trend from 7.35% in 2019 to merely 0.9% in 2024. This decrease suggests a reduced reliance or allocation toward short-term investments in favor of other asset types.
Trade Receivables, Net
Trade receivables experienced minor fluctuations but remained relatively stable, moving from 7.39% in 2019 to 6.85% in 2024, with a peak at 7.6% in 2022. This stability indicates consistent credit sales and effective management of accounts receivable.
Prepaid Expenses and Other Current Assets
This category showed slight variability, decreasing from 3.77% in 2019 to 3.07% in 2022, then increasing to 4.21% by 2024, pointing to changes in advance payments or other short-term assets but with no significant trend.
Current Assets
Overall, current assets increased from 31.28% in 2019 to a peak of 37.22% in 2023, stabilizing slightly at 37.16% in 2024. This growth aligns with the increase in cash and equivalents and suggests a strengthening of short-term asset composition.
Property and Equipment, Net
The net percentage of property and equipment remained relatively steady, fluctuating gently between 6.14% and 7.02%, ending at 6.40% in 2024, indicating stable investment in physical assets.
Operating Lease Right-of-Use Assets, Net
Starting from 2.01% in 2020, this category steadily decreased to 0.93% in 2024, showing a diminishing balance of leased asset rights, possibly due to lease expirations or reclassifications.
Goodwill
Goodwill as a percentage of total assets moderately declined from a high of 51.49% in 2019 to 42.3% in 2024. This reduction may reflect amortization, impairment, or acquisition patterns affecting intangible asset composition.
Other Intangibles, Net
Other intangibles exhibited a pronounced decline from 8.29% in 2019 to 2.59% in 2024, indicating systematic write-offs, amortization, or reduced acquisition of intangible assets over the period.
Deferred Income Taxes
Deferred income taxes increased notably from 0% in 2019 to 5.48% by 2024, with some fluctuations in between. This suggests evolving tax positions or timing differences impacting asset recognition.
Other Assets
This category showed a gradual increase from 2.71% in 2019 to 5.14% in 2024, indicating growing importance or accumulation of miscellaneous long-term assets.
Long-term Assets
Long-term assets as a proportion of total assets decreased from 68.72% in 2019 to around 62.84% in 2024, reflecting the relative increase in current assets and shifts in asset structure.
Total Assets
As expected, total assets represented 100% throughout all years, serving as the baseline for proportional analysis.