Stock Analysis on Net
Stock Analysis on Net

Intuitive Surgical Inc. (NASDAQ:ISRG)

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Intuitive Surgical Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Accounts payable 188,700 196,200 199,700 164,100 147,000 164,200 149,700 128,100 121,200 120,000 117,900 103,100 81,600 116,000 108,900 133,400 123,500 132,400 129,600 130,600
Accrued compensation and employee benefits 436,400 374,800 346,600 260,900 401,600 308,200 278,600 219,800 350,100 265,300 254,000 194,800 235,000 175,200 168,700 156,500 251,600 187,400 160,500 125,100
Deferred revenue 446,100 394,800 405,200 417,800 397,300 358,900 376,300 386,000 377,200 348,500 360,000 358,100 350,300 327,800 343,100 337,400 337,800 307,600 306,800 298,400
Other accrued liabilities 587,500 710,600 586,900 464,600 476,200 402,100 370,400 378,300 301,300 293,500 272,700 248,600 298,300 275,700 304,100 318,600 317,300 303,500 210,600 186,100
Current liabilities 1,658,700 1,676,400 1,538,400 1,307,400 1,422,100 1,233,400 1,175,000 1,112,200 1,149,800 1,027,300 1,004,600 904,600 965,200 894,700 924,800 945,900 1,030,200 930,900 807,500 740,200
Other long-term liabilities 385,500 412,800 405,200 451,600 439,300 453,400 447,800 409,300 453,700 447,800 412,900 445,600 444,600 436,100 412,400 414,700 418,300 423,300 444,500 454,300
Long-term liabilities 385,500 412,800 405,200 451,600 439,300 453,400 447,800 409,300 453,700 447,800 412,900 445,600 444,600 436,100 412,400 414,700 418,300 423,300 444,500 454,300
Total liabilities 2,044,200 2,089,200 1,943,600 1,759,000 1,861,400 1,686,800 1,622,800 1,521,500 1,603,500 1,475,100 1,417,500 1,350,200 1,409,800 1,330,800 1,337,200 1,360,600 1,448,500 1,354,200 1,252,000 1,194,500
Preferred stock, $0.001 par value, issuable in series; zero shares issued and outstanding — — — — — — — — — — — — — — — — — — — —
Common stock, $0.001 par value 400 400 400 400 400 400 400 400 400 400 100 100 100 100 100 100 100 100 100 100
Additional paid-in capital 8,576,400 8,385,900 8,150,800 7,928,400 7,703,900 7,684,800 7,484,000 7,354,600 7,164,000 7,015,100 6,804,400 6,627,300 6,445,200 6,304,300 6,085,100 5,926,800 5,756,800 5,600,900 5,430,100 5,328,800
Retained earnings 4,743,000 4,209,200 3,807,700 3,397,400 3,500,100 4,017,800 4,682,800 4,858,000 4,760,900 4,390,100 4,022,700 3,514,700 3,261,300 2,937,200 2,633,000 2,570,900 2,494,500 2,142,600 1,819,000 1,696,000
Accumulated other comprehensive income (loss) (12,200) (56,500) (79,800) (108,500) (162,500) (187,600) (144,200) (110,700) (24,200) 5,300 10,300 11,400 24,900 16,200 22,300 8,900 12,400 17,800 16,100 (700)
Total Intuitive Surgical, Inc. stockholders’ equity 13,307,600 12,539,000 11,879,100 11,217,700 11,041,900 11,515,400 12,023,000 12,102,300 11,901,100 11,410,900 10,837,500 10,153,500 9,731,500 9,257,800 8,740,500 8,506,700 8,263,800 7,761,400 7,265,300 7,024,200
Noncontrolling interest in joint venture 89,700 84,500 80,600 76,500 70,700 58,600 59,400 54,600 50,400 48,600 42,000 36,700 27,600 28,900 25,900 23,800 20,900 15,700 14,300 16,200
Total stockholders’ equity 13,397,300 12,623,500 11,959,700 11,294,200 11,112,600 11,574,000 12,082,400 12,156,900 11,951,500 11,459,500 10,879,500 10,190,200 9,759,100 9,286,700 8,766,400 8,530,500 8,284,700 7,777,100 7,279,600 7,040,400
Total liabilities and stockholders’ equity 15,441,500 14,712,700 13,903,300 13,053,200 12,974,000 13,260,800 13,705,200 13,678,400 13,555,000 12,934,600 12,297,000 11,540,400 11,168,900 10,617,500 10,103,600 9,891,100 9,733,200 9,131,300 8,531,600 8,234,900

Based on: 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), 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).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Intuitive Surgical Inc. current liabilities increased from Q2 2023 to Q3 2023 but then slightly decreased from Q3 2023 to Q4 2023.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Intuitive Surgical Inc. long-term liabilities increased from Q2 2023 to Q3 2023 but then decreased significantly from Q3 2023 to Q4 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Intuitive Surgical Inc. total liabilities increased from Q2 2023 to Q3 2023 but then slightly decreased from Q3 2023 to Q4 2023.
Total Intuitive Surgical, Inc. stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Intuitive Surgical Inc. total Intuitive Surgical, Inc. stockholders’ equity increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.