Stock Analysis on Net
Stock Analysis on Net

DexCom Inc. (NASDAQ:DXCM)

$22.49

This company has been moved to the archive! The financial data has not been updated since October 26, 2023.

Common-Size Balance Sheet: Assets
Quarterly Data

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

Microsoft Excel
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 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Cash and cash equivalents
Short-term marketable securities
Accounts receivable, net
Inventory
Prepaid and other current assets
Current assets
Property and equipment, net
Operating lease right-of-use assets
Goodwill
Intangibles, net
Deferred tax assets
Other assets
Non-current assets
Total assets

Based on: 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), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Cash and cash equivalents
The percentage of cash and cash equivalents relative to total assets showed significant volatility over the examined quarters. Starting at a high level in early 2018, the percentage declined dramatically by late 2019. It slightly recovered during 2020 and peaked in mid-2021, followed by a steady decline into 2023, reaching its lowest level in the latest quarter.
Short-term marketable securities
This category demonstrated an overall increasing trend with considerable fluctuations. The proportion was lower in early 2019, then increased sharply through 2019 and 2020, reaching a peak. After a mild decrease in 2021, it stabilized at a high level above 30% through 2023, indicating a shift from cash holdings to liquid securities.
Accounts receivable, net
The relative size of accounts receivable was relatively stable, fluctuating between approximately 8% and 13%. There was a small overall upward trend from mid-2020 through early 2023, suggesting slightly increased receivables as a portion of total assets during that period.
Inventory
Inventory as a percentage of total assets showed moderate fluctuations, generally hovering between 4.5% and 7.5%. The percentage increased gradually after early 2020, peaking towards the last quarter in 2023, indicating a growing inventory relative to total assets in recent periods.
Prepaid and other current assets
These assets remained a small component, mostly ranging between 1% and 4%. The item showed some growth from 2021 onwards, peaking in late 2022 and early 2023 before slightly decreasing.
Current assets
Current assets consistently accounted for the majority of total assets, starting above 80% and staying relatively high but with a gradual declining trend from 2018 through 2023. The percentage dropped from about 88% in late 2018 to around 70% by early 2023, reflecting a shift in asset composition.
Property and equipment, net
There was an overall increasing trend in the proportion of net property and equipment. After a dip in 2018 and 2020, the percentage increased steadily through 2021 and 2022, peaking near 20%, then decreased slightly towards 2023. This indicates growing investment in physical assets over time.
Operating lease right-of-use assets
Disclosed starting in 2019, this item started low, peaked in 2019 and early 2020 around 3%, and then declined gradually to slightly above 1% by late 2023, reflecting adjustments in lease accounting or reductions in leased asset use.
Goodwill
Goodwill remained a minor proportion of total assets, generally under 1%. A declining trend was observed from 2018 through 2023, possibly due to impairment or asset reclassification.
Intangibles, net
Data for intangibles is unavailable for most periods before 2021, after which the percentage initially was relatively low and increased sharply in 2023 above 2%, indicating recognition or revaluation of intangible assets recently.
Deferred tax assets
Reported from late 2020 onward, deferred tax assets made up approximately 4.5% to 7.6% of total assets, showing a modest increasing trend through 2022 and early 2023, suggesting growing tax-related asset recognition.
Other assets
These remained a small and fluctuating portion, generally below 1%, with no clear trend, although some increase occurred in late 2022 into 2023.
Non-current assets
The share of non-current assets increased steadily from around 11% in late 2018 to over 30% by early 2023, reflecting a gradual shift in asset composition from current to non-current assets over time.
Total assets
The total consistently summed to 100% each quarter, confirming the proportional nature of the data.