Stock Analysis on Net

Gilead Sciences Inc. (NASDAQ:GILD)

$24.99

Common-Size Balance Sheet: Assets
Quarterly Data

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

Microsoft Excel
Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 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
Cash and cash equivalents
Short-term marketable debt securities
Accounts receivable, net
Inventories
Prepaid and other current assets
Current assets
Property, plant and equipment, net
Long-term marketable debt securities
Intangible assets, net
Goodwill
Deferred tax assets
Other long-term assets
Long-term assets
Total assets

Based on: 10-Q (reporting date: 2025-09-30), 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
The proportion of cash and cash equivalents relative to total assets displayed variability throughout the period, starting at 16.82% in early 2020, declining markedly to a low around 6% to 7% during most of 2021 and early 2022, before increasing again notably in late 2024 to peak at 16.94%.
Short-term Marketable Debt Securities
This component experienced a significant drop from a high near 21.75% in mid-2020 down to a relatively stable low between 1.5% and 2.4% in subsequent years. Data for late 2023 and early 2024 was missing, but it remained low, around 0.03% by late 2025, indicating a reduction in short-term securities holdings over time.
Accounts Receivable, Net
Accounts receivable as a percentage of total assets increased gradually from around 6.5% in 2020 to peak near 8.7% in late 2024 and 2025. This upward trend suggests an increase in amounts owed to the company over time relative to total assets.
Inventories
Inventories rose moderately from approximately 1.65% of total assets in early 2020 to a peak above 3% in mid to late 2024, then slightly decreased but remained above 3% toward the end of the period. This reflects a steady buildup of inventory relative to total assets.
Prepaid and Other Current Assets
This category showed an increasing trend, starting near 2% in 2020 and rising to over 6% of total assets by late 2024. This might indicate higher prepayments or other current assets with respect to overall asset composition.
Current Assets
Current assets as a whole exhibited a notable decline from a peak above 50% in late 2020 to a trough below 20% in early 2021, then fluctuated around the low to mid-20% range. A marked recovery occurred in late 2024 reaching about 32.5%, signaling increased current asset holdings more recently.
Property, Plant and Equipment, Net
This asset class showed relative stability, ranging roughly between 7.2% and 9.9% throughout the period. A gradual increase was observed from about 7.6% in early 2020 to near 9.8% by mid-2025, indicating consistent capitalization or acquisition of fixed assets.
Long-term Marketable Debt Securities
The percentage of long-term marketable debt securities declined sharply from nearly 6% in early 2020 to below 1% by the end of 2020, then remained low with minor fluctuations around 2% in subsequent periods. Late data suggest a slight resurgence toward 3.4% by 2025.
Intangible Assets, Net
Intangible assets represented a significant share of total assets, increasing sharply to over 48% in late 2020, peaking near 51.5% in early 2021, before gradually declining to about 30.7% by late 2025. This indicates a sizeable intangible asset base that diminished steadily in relative terms over time.
Goodwill
Goodwill accounted for roughly 7% to 15.5% of total assets, starting just under 7% in 2020, increasing to a zone of about 13% to 15.5% from 2021 onward, with a slight decline observed after late 2024. This reflects acquisition-related asset value that stabilized after initial growth.
Deferred Tax Assets
Deferred tax assets appeared only during the final periods with values from about 3.4% to 4.9%, suggesting recognition or reclassification of deferred tax assets in recent years.
Other Long-term Assets
Other long-term assets fluctuated moderately between roughly 6% and 12% over the period without a clear directional trend, indicating relatively stable holdings in this category.
Long-term Assets
The share of long-term assets as a portion of total assets varied considerably, rising from about 55% in early 2020 to over 80% during 2021, then gradually receding to around 70% by 2025. This indicates an overall dominance of long-term assets composition with some volatility during the period reviewed.