Stock Analysis on Net

Fiserv Inc. (NASDAQ:FISV)

$22.49

This company has been moved to the archive! The financial data has not been updated since April 28, 2022.

Common-Size Balance Sheet: Assets
Quarterly Data

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

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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 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Cash and cash equivalents
Trade accounts receivable, less allowance for doubtful accounts
Prepaid expenses and other current assets
Settlement assets
Assets held for sale
Current assets
Property and equipment, net
Customer relationships, net
Other intangible assets, net
Intangible assets, net
Goodwill
Contract costs, net
Investments in unconsolidated affiliates
Other long-term assets
Long-term assets
Total assets

Based on: 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), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).


Cash and Cash Equivalents
The proportion of cash and cash equivalents relative to total assets fluctuated over the analyzed periods, showing a notable spike at June 30, 2019, reaching 42.98%. Aside from this outlier, the ratio generally ranged between approximately 1.1% and 6.3%, indicating a relatively stable but low liquidity position in terms of cash holdings.
Trade Accounts Receivable
This category showed a decline from around 8.8-9.7% of total assets in the early periods to a low near 3.4% in late 2019 and early 2020. Since then, it exhibited a gradual upward trend, rising to about 3.9% by March 2022, suggesting some recovery or increase in receivables on the asset base.
Prepaid Expenses and Other Current Assets
The ratio experienced an increase to a peak of 6.75% at the end of 2018, followed by a sharp drop to between 1.45% and 2.0% during 2019 and 2022, reflecting a reduction in prepayments and related current assets proportionate to total assets.
Settlement Assets
These assets appeared from September 2019 onwards, consistently representing between approximately 12.99% and 17.9% of total assets. This indicates a significant allocation to settlement assets during and after 2019.
Assets Held for Sale
This item appeared only once, at December 31, 2017, representing 0.49% of total assets, and was not reported thereafter, indicating a transient or disposed asset category.
Current Assets
Current assets maintained a varying share, spiking dramatically to 51.98% in June 2019, largely influenced by the cash and settlement asset fluctuations. Otherwise, the current assets hovered between about 16.7% and 24.75%, showing moderate variability without clear long-term upward or downward trends.
Property and Equipment, Net
This category steadily decreased from above 4.1% in early 2017 to just above 2.1% in mid-2019, and then stabilized around 2.2% to 2.3%, indicating a shrinking proportion of physical assets.
Customer Relationships, Net
Reported from June 2019 onwards, customer relationships as a percentage of total assets declined gradually from 18.67% to 12.56% by March 2022, reflecting amortization or revaluation of intangible relationship assets over time.
Other Intangible Assets, Net
This asset class declined significantly from above 18% in early 2017 to below 5.5% from 2019 onward, signalling substantial reduction likely due to amortization, impairments, or disposals of intangible assets other than goodwill and customer relationships.
Intangible Assets, Net
The intangible assets category dropped sharply after 2018 from around 18% to about 10.7% in March 2019 but then surged again to over 23% by late 2019 before gradually decreasing to approximately 17.8% by March 2022. This volatility suggests reclassification or acquisition activity affecting intangible assets.
Goodwill
Goodwill represented the largest asset portion early on, slowly decreasing from over 56% in 2017 to below 49% by end 2019 and continuing to decline slightly to about 48.4% by March 2022, highlighting moderate impairment or acquisition-related adjustment impacts.
Contract Costs, Net
Emerging from late 2017, contract costs as a proportion of total assets showed slight but consistent growth, rising from under 1% initially to around 1.11% by March 2022, indicating increased capitalization of contract-related expenditures.
Investments in Unconsolidated Affiliates
First reported in late 2018, this asset group maintained a narrow range between approximately 3.36% and 4.06%, showing stability in investments in affiliated companies without significant volatility.
Other Long-Term Assets
This category fluctuated mostly between 2.1% and 4.3%, with a peak around 6.31% in September 2018 followed by a decline and relative stability, suggesting moderate changes in long-term miscellaneous asset holdings.
Long-Term Assets
The proportion of long-term assets showed a decreasing trend, dropping from over 83% in early 2017 to near 75-76% by early 2022. The notable dip to 48.02% in June 2019 aligns with the spike in current assets, likely due to reclassification or significant balance sheet restructuring around that time.