Common-Size Balance Sheet: Assets
Quarterly Data
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- Statement of Comprehensive Income
- Analysis of Liquidity Ratios
- Analysis of Short-term (Operating) Activity Ratios
- Enterprise Value (EV)
- Enterprise Value to EBITDA (EV/EBITDA)
- Enterprise Value to FCFF (EV/FCFF)
- Price to FCFE (P/FCFE)
- Operating Profit Margin since 2005
- Return on Assets (ROA) since 2005
- Total Asset Turnover since 2005
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Based on: 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 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).
- Cash and Cash Equivalents
- There is considerable fluctuation in cash and cash equivalents as a percentage of total assets. Levels started relatively high in early 2020, then declined sharply by the end of that year. Subsequently, values remained moderately stable with some increases in 2023, followed by a notable peak approaching the end of 2024 before dropping again in mid-2025.
- Short-term Marketable Debt Securities
- This category exhibited a significant decline from early 2020 through 2022, stabilizing at low levels around 1.5%-2%. Thereafter, data is sporadic with some missing values, but a very low value reappears in mid-2025, indicative of reduced reliance on these securities in recent periods.
- Accounts Receivable, Net
- The percentage of accounts receivable has remained relatively stable but shows a gentle upward trend from 2022 to mid-2025, increasing from around 6% to above 8%. This suggests a gradual increase in credit sales or collections outstanding relative to total assets.
- Inventories
- Inventories as a percentage of total assets show a slow but steady increase over the entire period, climbing from around 1.6% in early 2020 to over 3% by mid-2025, signaling a gradual buildup of stock relative to the asset base.
- Prepaid and Other Current Assets
- This category showed moderate fluctuations, with a rising trend starting in late 2022, reaching its higher levels in 2024 at around 5%-6%, before slightly declining again in mid-2025.
- Current Assets
- Current assets as a percentage of total assets follow a similar pattern to cash and short-term securities, with a significant drop at end-2020, but recovering during 2023-2025. The overall trend indicates a move from very low current asset ratios in late 2020 to more balanced levels above 25% by 2025.
- Property, Plant, and Equipment, Net
- This asset component remained fairly consistent, showing a slight upward trend over time from approximately 7.6% in early 2020 to around 9.8% in mid-2025. This steady increase reflects moderate capital investment or accumulation relative to total assets.
- Long-term Marketable Debt Securities
- Long-term marketable securities declined sharply from 2020 into early 2021, remaining low with occasional minor increases, and missing data in later years. The last recorded figure in mid-2025 shows a small proportion, suggesting reduced emphasis on this asset category.
- Intangible Assets, Net
- Intangible assets as a percentage of total assets showed a substantial increase in 2020, peaking near or above 50%. Thereafter, a consistent and steady decline is evident from late 2021 onwards, falling from nearly 50% to about one-third by mid-2025, indicating possible amortization or impairment of intangible assets.
- Goodwill
- Goodwill maintained a relatively stable share with a slight gradual increase, starting near 7% in early 2020 and rising to about 15% in 2024, followed by a moderate dip. This suggests acquisition activity or changing asset valuations over time.
- Deferred Tax Assets
- Data for deferred tax assets is only available from 2024 onward, showing a steady increase from just over 4% to nearly 5% of total assets, indicative of growing deferred tax considerations on the balance sheet during this recent period.
- Other Long-term Assets
- Other long-term assets fluctuated significantly, showing an overall decline from early 2020 to late 2021, followed by recovery and relative stabilization around 7%-10%. Values show some variability but no clear directional trend towards the latter periods.
- Long-term Assets
- Long-term assets as a total percentage of assets experienced a sharp rise in 2020 peaking at over 80%, followed by a gradual decline through 2024, trending downward to about 70%-75% more recently. This reflects changing composition with increasing emphasis on current assets in later years.
- Total Assets
- The total assets consistently represent 100% as expected since all categories are expressed as percentages of total assets.