Stock Analysis on Net
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 26, 2026 Apr 26, 2026 Jan 25, 2026 Oct 26, 2025 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
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: 2026-07-26), 10-Q (reporting date: 2026-04-26), 10-Q (reporting date: 2026-01-25), 10-K (reporting date: 2025-10-26), 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).


The asset composition reveals a consistent strategic emphasis on liquidity, with current assets maintaining a dominant position, generally fluctuating between 54% and 62% of total assets. Over the analyzed period, there is a discernible transition in the balance sheet structure, characterized by a reduction in intangible assets and a corresponding increase in tangible infrastructure and long-term investments.

Liquidity and Working Capital Dynamics
Cash and cash equivalents exhibit significant volatility, reaching a peak of 26.66% in early 2021 before experiencing a sharp decline to 7.46% by October 2022. A subsequent recovery is observed, with levels stabilizing between 15% and 24% through 2026. Simultaneously, accounts receivable and inventories both trended upward to peak in October 2022 at 22.70% and 22.20% respectively. The subsequent contraction of inventories to 15.08% by July 2026 suggests an optimization of inventory management or a shift in demand patterns.
Fixed Asset and Long-Term Investment Expansion
A sustained upward trend is evident in net property, plant, and equipment, which increased from 7.87% of total assets in January 2020 to 12.88% by July 2026. This progression indicates a consistent investment in physical capacity and infrastructure. Long-term investments also saw a notable increase in the latter part of the period, rising from a baseline of approximately 7-8% to a peak of 13.20% in January 2026, suggesting a strategic reallocation of capital into long-term financial instruments.
Reduction in Intangibles and Deferred Assets
Goodwill has undergone a steady and significant decline, falling from 17.20% in January 2020 to 8.90% by July 2026, likely reflecting the effects of amortization or impairment. This contraction is mirrored in deferred income taxes and other assets, which decreased from 11.07% to 7.73% over the same period. These trends collectively indicate a shift toward a more tangible asset base, reducing the relative impact of non-physical and acquired assets on the total balance sheet.