Name: Autodesk Inc. (NASDAQ:ADSK) | Balance Sheet: Assets
Creator: Stock Analysis on Net

Balance Sheet: Assets

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.

Assets: Selected Items

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Current Assets: Selected Items

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Autodesk Inc., consolidated balance sheet: assets

US$ in millions

	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020	Jan 31, 2019
Cash and cash equivalents	1,892)	1,947)	1,528)	1,772)	1,775)	886)
Marketable securities	354)	125)	236)	85)	69)	68)
Accounts receivable, net	876)	961)	716)	643)	652)	474)
Prepaid expenses and other current assets	457)	308)	284)	199)	163)	192)
Current assets	3,579)	3,341)	2,764)	2,699)	2,659)	1,620)
Long-term marketable securities	234)	102)	45)	—)	—)	—)
Computer equipment, software, furniture, and leasehold improvements, net	121)	144)	163)	193)	162)	150)
Operating lease right-of-use assets	224)	245)	305)	417)	439)	—)
Intangible assets, net	406)	407)	494)	199)	207)	281)
Goodwill	3,653)	3,625)	3,604)	2,707)	2,445)	2,451)
Deferred income taxes, net	1,093)	1,014)	741)	763)	56)	65)
Long-term other assets	602)	560)	492)	302)	211)	163)
Long-term assets	6,333)	6,097)	5,843)	4,581)	3,520)	3,109)
Total assets	9,912)	9,438)	8,607)	7,280)	6,179)	4,729)

Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31).

Total assets exhibited consistent growth over the analyzed six-year period, increasing from US$ 4,729 million in January 2019 to US$ 9,912 million in January 2024. This expansion reflects a significant scaling of the balance sheet, with total assets more than doubling within the timeframe.

Liquidity and Current Assets: Current assets grew from US$ 1,620 million to US$ 3,579 million. This growth was primarily driven by a substantial increase in cash and cash equivalents, which rose sharply between 2019 and 2020 and remained elevated above US$ 1.5 billion through 2024. Marketable securities also showed an upward trajectory, increasing from US$ 68 million in 2019 to US$ 354 million in 2024.
Working Capital Trends: Accounts receivable, net, demonstrated a general upward trend, peaking at US$ 961 million in 2023 before moderating to US$ 876 million in 2024. Prepaid expenses and other current assets increased steadily, growing from US$ 192 million in 2019 to US$ 457 million in 2024.
Long-Term Asset Composition: Long-term assets increased from US$ 3,109 million to US$ 6,333 million. A primary driver of this growth was goodwill, which rose from US$ 2,451 million in 2019 to US$ 3,653 million in 2024, with a notable acceleration between 2021 and 2022. In contrast, operating lease right-of-use assets declined from a peak of US$ 439 million in 2020 to US$ 224 million in 2024, and net computer equipment and software assets decreased from US$ 193 million in 2021 to US$ 121 million in 2024.
Fiscal and Other Long-Term Assets: Deferred income taxes, net, experienced a sharp increase starting in 2021, rising from US$ 56 million in 2020 to US$ 1,093 million by 2024. Additionally, long-term other assets followed a consistent upward path, increasing from US$ 163 million in 2019 to US$ 602 million in 2024.

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