Stock Analysis on Net
Stock Analysis on Net

Align Technology Inc. (NASDAQ:ALGN)

This company has been moved to the archive! The financial data has not been updated since November 3, 2023.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 

Align Technology Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Accounts payable 2.15 2.76 2.94 3.49 3.13
Accrued payroll and benefits 2.51 4.85 3.52 6.50 6.19
Accrued income taxes 1.25 0.57 0.62 0.57 0.28
Accrued expenses 1.08 1.13 0.88 2.22 1.92
Accrued sales and marketing expenses 0.61 0.70 0.71 0.00 0.00
Current operating lease liabilities 0.45 0.38 0.45 0.63 0.00
Accrued property, plant and equipment 0.33 0.78 0.57 0.37 0.40
Other accrued liabilities 1.40 1.81 1.63 2.52 2.65
Accrued liabilities 7.64% 10.22% 8.40% 12.79% 11.43%
Deferred revenues 22.59 19.40 16.11 22.54 19.15
Current liabilities 32.38% 32.38% 27.45% 38.83% 33.72%
Income tax payable 2.09 1.99 2.19 4.11 3.80
Long-term operating lease liabilities 1.69 1.73 1.33 1.74 0.00
Other long-term liabilities 3.29 2.94 2.07 1.49 1.44
Noncurrent liabilities 7.07% 6.65% 5.59% 7.34% 5.24%
Total liabilities 39.45% 39.03% 33.04% 46.17% 38.96%
Preferred stock, $0.0001 par value; none issued 0.00 0.00 0.00 0.00 0.00
Common stock, $0.0001 par value 0.00 0.00 0.00 0.00 0.00
Additional paid-in capital 17.57 16.81 20.18 36.27 42.75
Accumulated other comprehensive income (loss), net -0.17 0.07 0.90 -0.03 -0.14
Retained earnings 43.15 44.08 45.88 17.59 18.42
Stockholders’ equity 60.55% 60.97% 66.96% 53.83% 61.04%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Align Technology Inc. current liabilities as a percentage of total liabilities and stockholders’ equity increased from 2020 to 2021 but then slightly decreased from 2021 to 2022.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Align Technology Inc. noncurrent liabilities as a percentage of total liabilities and stockholders’ equity increased from 2020 to 2021 and from 2021 to 2022.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Align Technology Inc. total liabilities as a percentage of total liabilities and stockholders’ equity increased from 2020 to 2021 and from 2021 to 2022.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Align Technology Inc. stockholders’ equity as a percentage of total liabilities and stockholders’ equity decreased from 2020 to 2021 and from 2021 to 2022.