Stock Analysis on Net

Illumina Inc. (NASDAQ:ILMN)

This company has been moved to the archive! The financial data has not been updated since November 5, 2021.

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.

Illumina Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2020 Dec 29, 2019 Dec 30, 2018 Dec 31, 2017 Dec 31, 2016
Cash and cash equivalents 1,810 2,042 1,144 1,225 735
Short-term investments 1,662 1,372 2,368 920 824
Accounts receivable, net 487 573 514 411 381
Inventory 372 359 386 333 300
Prepaid expenses and other current assets 152 105 78 91 78
Current assets 4,483 4,451 4,490 2,980 2,318
Property and equipment, net 922 889 1,075 931 713
Operating lease right-of-use assets 532 555
Goodwill 897 824 831 771 776
Intangible assets, net 142 145 185 175 243
Deferred tax assets, net 20 64 70 88 123
Other assets 589 388 308 312 107
Long-term assets 3,102 2,865 2,469 2,277 1,963
Total assets 7,585 7,316 6,959 5,257 4,281

Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-29), 10-K (reporting date: 2018-12-30), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Illumina Inc. current assets decreased from 2018 to 2019 but then increased from 2019 to 2020 not reaching 2018 level.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Illumina Inc. property and equipment, net decreased from 2018 to 2019 but then slightly increased from 2019 to 2020.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Illumina Inc. long-term assets increased from 2018 to 2019 and from 2019 to 2020.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Illumina Inc. total assets increased from 2018 to 2019 and from 2019 to 2020.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Illumina Inc. cash and cash equivalents increased from 2018 to 2019 but then slightly decreased from 2019 to 2020.
Short-term investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current. Illumina Inc. short-term investments decreased from 2018 to 2019 but then slightly increased from 2019 to 2020.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Illumina Inc. accounts receivable, net increased from 2018 to 2019 but then decreased significantly from 2019 to 2020.
Inventory Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Illumina Inc. inventory decreased from 2018 to 2019 but then slightly increased from 2019 to 2020.