Stock Analysis on Net

Applied Materials Inc. (NASDAQ:AMAT)

$24.99

Common-Size Balance Sheet: Assets
Quarterly Data

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Applied Materials Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Jul 27, 2025 Apr 27, 2025 Jan 26, 2025 Oct 27, 2024 Jul 28, 2024 Apr 28, 2024 Jan 28, 2024 Oct 29, 2023 Jul 30, 2023 Apr 30, 2023 Jan 29, 2023 Oct 30, 2022 Jul 31, 2022 May 1, 2022 Jan 30, 2022 Oct 31, 2021 Aug 1, 2021 May 2, 2021 Jan 31, 2021 Oct 25, 2020 Jul 26, 2020 Apr 26, 2020 Jan 26, 2020 Oct 27, 2019 Jul 28, 2019 Apr 28, 2019 Jan 27, 2019
Cash and cash equivalents
Short-term investments
Accounts receivable, net
Inventories
Other current assets
Current assets
Long-term investments
Property, plant and equipment, net
Goodwill
Purchased technology and other intangible assets, net
Deferred income taxes and other assets
Non-current assets
Total assets

Based on: 10-Q (reporting date: 2025-07-27), 10-Q (reporting date: 2025-04-27), 10-Q (reporting date: 2025-01-26), 10-K (reporting date: 2024-10-27), 10-Q (reporting date: 2024-07-28), 10-Q (reporting date: 2024-04-28), 10-Q (reporting date: 2024-01-28), 10-K (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-29), 10-K (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-Q (reporting date: 2022-01-30), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-25), 10-Q (reporting date: 2020-07-26), 10-Q (reporting date: 2020-04-26), 10-Q (reporting date: 2020-01-26), 10-K (reporting date: 2019-10-27), 10-Q (reporting date: 2019-07-28), 10-Q (reporting date: 2019-04-28), 10-Q (reporting date: 2019-01-27).


Cash and Cash Equivalents
The proportion of cash and cash equivalents relative to total assets demonstrates a generally fluctuating pattern over the examined periods. Initially stable around 16-17%, a notable increase occurred during early 2020 peaking around 24%. Subsequently, it declined steadily from early 2022 through late 2022, reaching a low near 7.5%, followed by a rebound to approximately 24% by late 2024, then decreasing moderately towards mid-2025.
Short-term Investments
Short-term investments as a percentage of total assets remained relatively low, oscillating mainly between 1.5% and 3%. There were intermittent spikes, notably in early 2025, when values increased from around 2% to above 5%, indicating occasional allocation shifts towards short-term instruments.
Accounts Receivable, Net
This item experienced moderate volatility in its share of total assets. Starting near 13%, it rose progressively until late 2021, reaching approximately 19%, suggesting an accumulation of receivables during that timeframe. After this peak, a gradual decline ensued, stabilizing near 16-18% in recent quarters.
Inventories
The inventory percentage demonstrated a slight decreasing trend from 19.6% to about 16.7% by late 2024, after which it showed minor fluctuations. The decline suggests possible improvements in inventory management or changes in business operations affecting stock levels.
Other Current Assets
Other current assets showed an increasing trend from roughly 2.3% in early 2019 to near 5.6% by mid-2022. This was followed by a moderate decrease stabilizing around 3% toward mid-2025, indicating variable composition or valuation of current asset categories other than core items.
Current Assets
Total current assets as a share of total assets exhibited an increasing trend until about mid-2021, peaking around 62%. From that point forward, it displayed minor fluctuations but showed a slight downward tendency, converging near 58% by mid-2025.
Long-term Investments
Long-term investments fluctuated in the range of 6.5% to about 10%, with a noticeable rising trend during the last few reported quarters, increasing sharply from approximately 8% to over 12% between early 2024 and mid-2025.
Property, Plant and Equipment, Net
This asset category's proportion steadily increased over time, starting near 7.7% and gradually climbing to around 12% by mid-2025. This suggests continued investment in fixed assets or capital expenditures aligned with business expansion or modernization efforts.
Goodwill
Goodwill as a percentage of total assets showed a consistent declining trend throughout the periods, starting at about 18% and decreasing to roughly 11% by mid-2025. This may imply amortization, impairment charges, or disposals of acquired entities.
Purchased Technology and Other Intangible Assets, Net
The share of purchased technology and other intangible assets remained low overall, fluctuating between 0.3% and 1.3%. After a brief uptick in late 2022, the percentage declined consistently to around 0.7% by mid-2025, indicating limited changes in intangible asset holdings.
Deferred Income Taxes and Other Assets
The proportion of deferred income taxes and other assets slightly decreased over the analysis period, falling from around 10.7% to approximately 6.6% by mid-2025, suggesting changes in tax positions or asset reclassifications.
Non-current Assets
Non-current assets as a proportion of total assets declined from roughly 46% in early 2019 to a low of approximately 37.7% in early 2023, before recovering to over 42% by mid-2025. This recovery is primarily driven by increases in long-term investments and property, plant, and equipment, reflecting a strategic shift toward longer-term asset accumulation.