Stock Analysis on Net

Alphabet Inc. (NASDAQ:GOOG)

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Alphabet Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Cash and cash equivalents 24,048 30,702 25,929 25,924 21,879 21,984 17,936 20,886 20,945 23,719 23,630 26,622 26,465 20,129 17,742 19,644 18,498 16,032 16,587 19,148
Marketable securities 86,868 89,233 92,403 89,178 91,883 94,275 107,061 113,084 118,704 118,284 112,233 108,482 110,229 112,467 103,338 97,585 101,177 105,145 104,469 94,340
Cash, cash equivalents, and marketable securities 110,916 119,935 118,332 115,102 113,762 116,259 124,997 133,970 139,649 142,003 135,863 135,104 136,694 132,596 121,080 117,229 119,675 121,177 121,056 113,488
Accounts receivable, net 47,964 41,020 38,804 36,036 40,258 34,697 35,707 34,703 39,304 34,047 31,967 28,006 30,930 24,925 21,201 21,825 25,326 20,889 20,965 19,149
Other current assets 12,650 15,355 11,652 10,847 10,775 15,153 11,667 9,180 9,190 8,060 7,867 9,027 6,672 6,848 6,788 7,964 7,577 6,292 5,416 5,570
Current assets 171,530 176,310 168,788 161,985 164,795 166,109 172,371 177,853 188,143 184,110 175,697 172,137 174,296 164,369 149,069 147,018 152,578 148,358 147,437 138,207
Non-marketable securities 31,008 30,907 31,224 31,213 30,492 30,419 30,665 30,544 29,549 26,101 25,532 25,294 20,703 14,656 12,961 12,367 13,078 12,488 12,112 14,474
Deferred income taxes 12,169 10,983 9,357 6,885 5,261 2,991 1,490 1,388 1,284 1,195 1,153 1,129 1,084 972 895 730 721 564 585 750
Property and equipment, net 134,345 125,705 121,208 117,560 112,668 108,363 106,223 104,218 97,599 94,631 91,697 87,606 84,749 81,636 78,748 76,747 73,646 69,252 64,891 60,528
Operating lease assets 14,091 14,199 14,469 14,447 14,381 13,677 13,398 12,992 12,959 12,918 12,978 12,598 12,211 11,946 11,567 11,219 10,941 10,341 9,713 8,837
Goodwill 29,198 29,146 29,210 28,994 28,960 28,834 23,949 23,010 22,956 22,623 22,406 22,341 21,175 20,870 20,824 20,734 20,624 18,069 18,000 17,943
Other non-current assets 10,051 9,461 8,788 8,407 8,707 7,862 7,089 7,091 6,778 5,825 5,924 5,990 5,398 4,794 4,428 4,588 4,321 3,972 4,363 4,610
Non-current assets 230,862 220,401 214,256 207,506 200,469 192,146 182,814 179,243 171,125 163,293 159,690 154,958 145,320 134,874 129,423 126,385 123,331 114,686 109,664 107,142
Total assets 402,392 396,711 383,044 369,491 365,264 358,255 355,185 357,096 359,268 347,403 335,387 327,095 319,616 299,243 278,492 273,403 275,909 263,044 257,101 245,349

Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).


Assets: Selected Items

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. Alphabet Inc. current assets increased from Q2 2023 to Q3 2023 but then slightly decreased from Q3 2023 to Q4 2023 not reaching Q2 2023 level.
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. Alphabet Inc. property and equipment, net increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Non-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 after one year or beyond the normal operating cycle, if longer. Alphabet Inc. non-current assets increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Alphabet Inc. total assets increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Alphabet Inc. cash and cash equivalents increased from Q2 2023 to Q3 2023 but then decreased significantly from Q3 2023 to Q4 2023.
Marketable securities Amount of investment in marketable security, classified as current. Alphabet Inc. marketable securities decreased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Alphabet Inc. accounts receivable, net increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.