Stock Analysis on Net

Adobe Inc. (NASDAQ:ADBE)

Common-Size Balance Sheet: Assets

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

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Dec 1, 2023 Dec 2, 2022 Dec 3, 2021 Nov 27, 2020 Nov 29, 2019 Nov 30, 2018
Cash and cash equivalents 23.98 15.59 14.11 18.44 12.76 8.75
Short-term investments 2.35 6.85 7.17 6.23 7.35 8.45
Trade receivables, net of allowances for doubtful accounts 7.47 7.60 6.89 5.76 7.39 7.01
Prepaid expenses and other current assets 3.42 3.07 3.65 3.11 3.77 1.67
Current assets 37.22% 33.12% 31.82% 33.54% 31.28% 25.88%
Property and equipment, net 6.82 7.02 6.14 6.25 6.23 5.73
Operating lease right-of-use assets, net 1.20 1.50 1.63 2.01 0.00 0.00
Goodwill 43.00 47.07 46.50 44.23 51.49 56.38
Other intangibles, net 3.65 5.33 6.68 5.60 8.29 11.02
Deferred income taxes 4.00 2.86 3.98 5.64 0.00 0.00
Other assets 4.11 3.10 3.24 2.73 2.71 0.99
Long-term assets 62.78% 66.88% 68.18% 66.46% 68.72% 74.12%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 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), 10-K (reporting date: 2018-11-30).

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. Adobe Inc. current assets as a percentage of total assets increased from 2021 to 2022 and 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. Adobe Inc. property and equipment, net as a percentage of total assets increased from 2021 to 2022 but then slightly decreased 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. Adobe Inc. long-term assets as a percentage of total assets decreased from 2021 to 2022 and from 2022 to 2023.