Long-term (Investment) Activity Analysis
Quarterly Data

Difficulty: Beginner


Ratios (Summary)

Adobe Systems Inc., long-term (investment) activity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 31, 2018 Jun 1, 2018 Mar 2, 2018 Dec 1, 2017 Sep 1, 2017 Jun 2, 2017 Mar 3, 2017 Dec 2, 2016 Sep 2, 2016 Jun 3, 2016 Mar 4, 2016 Nov 27, 2015 Aug 28, 2015 May 29, 2015 Feb 27, 2015 Nov 28, 2014 Aug 29, 2014 May 30, 2014 Feb 28, 2014 Nov 29, 2013 Aug 30, 2013 May 31, 2013 Mar 1, 2013 Nov 30, 2012 Aug 31, 2012 Jun 1, 2012 Mar 2, 2012
Net fixed asset turnover 8.41 8.18 7.76 7.79 7.35 7.06 7.49 7.17 6.84 6.67 6.38 6.09 5.72 5.54 5.43 5.28 5.24 6.39 6.22 6.15 6.32 6.58 6.36 6.63
Total asset turnover 0.56 0.54 0.51 0.50 0.50 0.49 0.47 0.46 0.45 0.43 0.43 0.41 0.40 0.39 0.39 0.38 0.39 0.40 0.40 0.39 0.41 0.41 0.43 0.44
Equity turnover 0.97 0.93 0.89 0.86 0.84 0.84 0.81 0.79 0.76 0.73 0.72 0.68 0.67 0.66 0.65 0.61 0.61 0.62 0.61 0.60 0.61 0.61 0.64 0.66

Based on: 10-Q (filing date: 2018-09-26), 10-Q (filing date: 2018-06-27), 10-Q (filing date: 2018-03-28), 10-K (filing date: 2018-01-22), 10-Q (filing date: 2017-09-27), 10-Q (filing date: 2017-06-28), 10-Q (filing date: 2017-03-29), 10-K (filing date: 2017-01-20), 10-Q (filing date: 2016-09-27), 10-Q (filing date: 2016-06-29), 10-Q (filing date: 2016-03-30), 10-K (filing date: 2016-01-19), 10-Q (filing date: 2015-09-23), 10-Q (filing date: 2015-06-24), 10-Q (filing date: 2015-03-25), 10-K (filing date: 2015-01-20), 10-Q (filing date: 2014-09-25), 10-Q (filing date: 2014-06-25), 10-Q (filing date: 2014-03-28), 10-K (filing date: 2014-01-21), 10-Q (filing date: 2013-10-03), 10-Q (filing date: 2013-06-28), 10-Q (filing date: 2013-03-28), 10-K (filing date: 2013-01-22), 10-Q (filing date: 2012-09-27), 10-Q (filing date: 2012-06-27), 10-Q (filing date: 2012-03-30).

Ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Adobe Systems Inc.'s net fixed asset turnover improved from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Adobe Systems Inc.'s total asset turnover improved from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.
Equity turnover An activity ratio calculated as total revenue divided by shareholders' equity. Adobe Systems Inc.'s equity turnover improved from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.

Net Fixed Asset Turnover

Adobe Systems Inc., net fixed asset turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 31, 2018 Jun 1, 2018 Mar 2, 2018 Dec 1, 2017 Sep 1, 2017 Jun 2, 2017 Mar 3, 2017 Dec 2, 2016 Sep 2, 2016 Jun 3, 2016 Mar 4, 2016 Nov 27, 2015 Aug 28, 2015 May 29, 2015 Feb 27, 2015 Nov 28, 2014 Aug 29, 2014 May 30, 2014 Feb 28, 2014 Nov 29, 2013 Aug 30, 2013 May 31, 2013 Mar 1, 2013 Nov 30, 2012 Aug 31, 2012 Jun 1, 2012 Mar 2, 2012
Selected Financial Data (USD $ in thousands)
Revenue 2,291,076  2,195,360  2,078,947  2,006,595  1,841,074  1,772,190  1,681,646  1,608,419  1,463,967  1,398,709  1,383,335  1,306,404  1,217,768  1,162,158  1,109,181  1,073,328  1,005,409  1,068,208  1,000,120  1,041,699  995,119  1,010,549  1,007,873  1,153,428  1,080,580  1,124,449  1,045,220 
Property and equipment, net 1,019,260  993,486  991,674  936,976  939,809  924,108  821,730  816,264  811,524  796,077  794,876  787,421  797,464  785,199  784,314  785,123  785,856  642,450  651,083  659,774  659,747  645,865  686,014  664,302  619,392  573,566  549,780 
Ratio
Net fixed asset turnover1 8.41 8.18 7.76 7.79 7.35 7.06 7.49 7.17 6.84 6.67 6.38 6.09 5.72 5.54 5.43 5.28 5.24 6.39 6.22 6.15 6.32 6.58 6.36 6.63

Based on: 10-Q (filing date: 2018-09-26), 10-Q (filing date: 2018-06-27), 10-Q (filing date: 2018-03-28), 10-K (filing date: 2018-01-22), 10-Q (filing date: 2017-09-27), 10-Q (filing date: 2017-06-28), 10-Q (filing date: 2017-03-29), 10-K (filing date: 2017-01-20), 10-Q (filing date: 2016-09-27), 10-Q (filing date: 2016-06-29), 10-Q (filing date: 2016-03-30), 10-K (filing date: 2016-01-19), 10-Q (filing date: 2015-09-23), 10-Q (filing date: 2015-06-24), 10-Q (filing date: 2015-03-25), 10-K (filing date: 2015-01-20), 10-Q (filing date: 2014-09-25), 10-Q (filing date: 2014-06-25), 10-Q (filing date: 2014-03-28), 10-K (filing date: 2014-01-21), 10-Q (filing date: 2013-10-03), 10-Q (filing date: 2013-06-28), 10-Q (filing date: 2013-03-28), 10-K (filing date: 2013-01-22), 10-Q (filing date: 2012-09-27), 10-Q (filing date: 2012-06-27), 10-Q (filing date: 2012-03-30).

Q3 2018 Calculations

1 Net fixed asset turnover = (RevenueQ3 2018 + RevenueQ2 2018 + RevenueQ1 2018 + RevenueQ4 2017) ÷ Property and equipment, net
= (2,291,076 + 2,195,360 + 2,078,947 + 2,006,595) ÷ 1,019,260 = 8.41

Ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Adobe Systems Inc.'s net fixed asset turnover improved from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.

Total Asset Turnover

Adobe Systems Inc., total asset turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 31, 2018 Jun 1, 2018 Mar 2, 2018 Dec 1, 2017 Sep 1, 2017 Jun 2, 2017 Mar 3, 2017 Dec 2, 2016 Sep 2, 2016 Jun 3, 2016 Mar 4, 2016 Nov 27, 2015 Aug 28, 2015 May 29, 2015 Feb 27, 2015 Nov 28, 2014 Aug 29, 2014 May 30, 2014 Feb 28, 2014 Nov 29, 2013 Aug 30, 2013 May 31, 2013 Mar 1, 2013 Nov 30, 2012 Aug 31, 2012 Jun 1, 2012 Mar 2, 2012
Selected Financial Data (USD $ in thousands)
Revenue 2,291,076  2,195,360  2,078,947  2,006,595  1,841,074  1,772,190  1,681,646  1,608,419  1,463,967  1,398,709  1,383,335  1,306,404  1,217,768  1,162,158  1,109,181  1,073,328  1,005,409  1,068,208  1,000,120  1,041,699  995,119  1,010,549  1,007,873  1,153,428  1,080,580  1,124,449  1,045,220 
Total assets 15,395,620  15,163,404  14,973,485  14,535,556  13,906,815  13,364,900  13,044,783  12,707,114  12,367,441  12,216,783  11,896,682  11,726,472  11,508,395  11,165,383  11,008,422  10,785,829  10,493,680  10,372,199  10,245,882  10,380,298  10,234,156  10,280,369  10,165,711  9,974,523  9,630,013  9,365,832  9,132,708 
Ratio
Total asset turnover1 0.56 0.54 0.51 0.50 0.50 0.49 0.47 0.46 0.45 0.43 0.43 0.41 0.40 0.39 0.39 0.38 0.39 0.40 0.40 0.39 0.41 0.41 0.43 0.44

Based on: 10-Q (filing date: 2018-09-26), 10-Q (filing date: 2018-06-27), 10-Q (filing date: 2018-03-28), 10-K (filing date: 2018-01-22), 10-Q (filing date: 2017-09-27), 10-Q (filing date: 2017-06-28), 10-Q (filing date: 2017-03-29), 10-K (filing date: 2017-01-20), 10-Q (filing date: 2016-09-27), 10-Q (filing date: 2016-06-29), 10-Q (filing date: 2016-03-30), 10-K (filing date: 2016-01-19), 10-Q (filing date: 2015-09-23), 10-Q (filing date: 2015-06-24), 10-Q (filing date: 2015-03-25), 10-K (filing date: 2015-01-20), 10-Q (filing date: 2014-09-25), 10-Q (filing date: 2014-06-25), 10-Q (filing date: 2014-03-28), 10-K (filing date: 2014-01-21), 10-Q (filing date: 2013-10-03), 10-Q (filing date: 2013-06-28), 10-Q (filing date: 2013-03-28), 10-K (filing date: 2013-01-22), 10-Q (filing date: 2012-09-27), 10-Q (filing date: 2012-06-27), 10-Q (filing date: 2012-03-30).

Q3 2018 Calculations

1 Total asset turnover = (RevenueQ3 2018 + RevenueQ2 2018 + RevenueQ1 2018 + RevenueQ4 2017) ÷ Total assets
= (2,291,076 + 2,195,360 + 2,078,947 + 2,006,595) ÷ 15,395,620 = 0.56

Ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Adobe Systems Inc.'s total asset turnover improved from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.

Equity Turnover

Adobe Systems Inc., equity turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Aug 31, 2018 Jun 1, 2018 Mar 2, 2018 Dec 1, 2017 Sep 1, 2017 Jun 2, 2017 Mar 3, 2017 Dec 2, 2016 Sep 2, 2016 Jun 3, 2016 Mar 4, 2016 Nov 27, 2015 Aug 28, 2015 May 29, 2015 Feb 27, 2015 Nov 28, 2014 Aug 29, 2014 May 30, 2014 Feb 28, 2014 Nov 29, 2013 Aug 30, 2013 May 31, 2013 Mar 1, 2013 Nov 30, 2012 Aug 31, 2012 Jun 1, 2012 Mar 2, 2012
Selected Financial Data (USD $ in thousands)
Revenue 2,291,076  2,195,360  2,078,947  2,006,595  1,841,074  1,772,190  1,681,646  1,608,419  1,463,967  1,398,709  1,383,335  1,306,404  1,217,768  1,162,158  1,109,181  1,073,328  1,005,409  1,068,208  1,000,120  1,041,699  995,119  1,010,549  1,007,873  1,153,428  1,080,580  1,124,449  1,045,220 
Stockholders' equity 8,861,925  8,705,583  8,634,028  8,459,869  8,170,434  7,803,998  7,588,690  7,424,835  7,277,946  7,248,611  7,081,202  7,001,580  6,841,332  6,610,103  6,589,020  6,775,905  6,731,260  6,636,888  6,610,883  6,724,634  6,834,759  6,927,302  6,805,338  6,665,182  6,438,693  6,099,646  5,986,302 
Ratio
Equity turnover1 0.97 0.93 0.89 0.86 0.84 0.84 0.81 0.79 0.76 0.73 0.72 0.68 0.67 0.66 0.65 0.61 0.61 0.62 0.61 0.60 0.61 0.61 0.64 0.66

Based on: 10-Q (filing date: 2018-09-26), 10-Q (filing date: 2018-06-27), 10-Q (filing date: 2018-03-28), 10-K (filing date: 2018-01-22), 10-Q (filing date: 2017-09-27), 10-Q (filing date: 2017-06-28), 10-Q (filing date: 2017-03-29), 10-K (filing date: 2017-01-20), 10-Q (filing date: 2016-09-27), 10-Q (filing date: 2016-06-29), 10-Q (filing date: 2016-03-30), 10-K (filing date: 2016-01-19), 10-Q (filing date: 2015-09-23), 10-Q (filing date: 2015-06-24), 10-Q (filing date: 2015-03-25), 10-K (filing date: 2015-01-20), 10-Q (filing date: 2014-09-25), 10-Q (filing date: 2014-06-25), 10-Q (filing date: 2014-03-28), 10-K (filing date: 2014-01-21), 10-Q (filing date: 2013-10-03), 10-Q (filing date: 2013-06-28), 10-Q (filing date: 2013-03-28), 10-K (filing date: 2013-01-22), 10-Q (filing date: 2012-09-27), 10-Q (filing date: 2012-06-27), 10-Q (filing date: 2012-03-30).

Q3 2018 Calculations

1 Equity turnover = (RevenueQ3 2018 + RevenueQ2 2018 + RevenueQ1 2018 + RevenueQ4 2017) ÷ Stockholders' equity
= (2,291,076 + 2,195,360 + 2,078,947 + 2,006,595) ÷ 8,861,925 = 0.97

Ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders' equity. Adobe Systems Inc.'s equity turnover improved from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.