Common-Size Balance Sheet: Assets
Quarterly Data
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- Statement of Comprehensive Income
- Balance Sheet: Assets
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Profitability Ratios
- Analysis of Liquidity Ratios
- Analysis of Solvency Ratios
- Analysis of Reportable Segments
- Capital Asset Pricing Model (CAPM)
- Price to Earnings (P/E) since 2021
- Price to Operating Profit (P/OP) since 2021
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Based on: 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 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).
- Cash and Cash Equivalents
- The proportion of cash and cash equivalents relative to total assets shows a fluctuating but overall downward trend from 29.03% in March 2021 to a low of 6.64% in September 2023, before increasing noticeably to 26.28% by September 2025. This pattern suggests intermittent periods of liquidity adjustments or capital deployment followed by replenishment of cash reserves.
- Restricted Cash Equivalents
- Restricted cash equivalents appear only in the data for December 2021, accounting for 17.04% of total assets, with no further values available. This singular data point indicates a possible one-time restriction or reclassification of cash assets during that period.
- Accounts Receivable, Net
- Accounts receivable as a percentage of total assets generally increased from 13% in March 2021 to a peak of 27.65% in June 2025, before slightly declining to 25.29% in September 2025. This upward trajectory may reflect growing sales on credit or challenges in collections, elevating the level of outstanding receivables relative to assets.
- Prepaid Expenses and Other Current Assets
- These assets remain relatively stable, ranging between approximately 2.21% and 4.18% of total assets. Despite minor fluctuations, there is no significant trend upwards or downwards, indicating a consistent proportion of such assets in the company's asset structure.
- Current Assets
- The share of current assets in total assets exhibits variability, with a notable peak of 52.49% in December 2021 and a trough around 25.99% in September 2023. After this low, current assets increase again to 54.98% by September 2025, suggesting periods of increased liquidity or working capital changes alternating with reductions.
- Property and Equipment, Net
- The percentage attributed to property and equipment remains relatively low but shows a gradual increase from 0.85% in March 2021 to a peak of 3.29% in June 2024, followed by a slight decline to around 2.06% by September 2025. This may indicate moderate investments in physical assets with some recent asset disposals or depreciations.
- Goodwill
- Goodwill as a percentage of total assets increased markedly from 9.51% in March 2021 to a high of 36.23% in September 2023. Subsequently, it steadily decreased to 24.29% by September 2025. Such dynamics can point to acquisition activities during the initial period and partial impairment or revaluation effects later.
- Intangible Assets, Net
- Intangible assets declined from 39.55% of total assets in March 2021 to 6.65% by September 2025. This persistent decrease suggests amortization, impairment, or disposals outweighing new capitalizations, reflecting diminished intangible asset holdings over time.
- Other Non-current Assets
- Other non-current assets steadily increased from 4.89% to a peak of 14.26% by June 2025, before a slight decrease to 12.01% in September 2025. This consistent growth indicates accumulation or capitalization of additional long-term asset categories beyond goodwill and intangibles.
- Non-current Assets
- The proportion of non-current assets relative to total assets demonstrates fluctuation, initially rising from 54.8% in March 2021 to around 74.01% in September 2023, then declining to 45.02% by September 2025. This variation correlates with changes in goodwill, intangibles, property, and other long-term asset components, reflecting evolving investment strategies and asset reclassifications.