Stock Analysis on Net
Stock Analysis on Net

Palo Alto Networks Inc. (NASDAQ:PANW)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Palo Alto Networks Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Jul 31, 2023 Jul 31, 2022 Jul 31, 2021 Jul 31, 2020 Jul 31, 2019 Jul 31, 2018
Accounts payable 0.91 1.04 0.56 0.70 1.11 0.85
Accrued compensation 3.78 3.76 4.20 3.55 3.57 2.81
Accrued and other liabilities 2.69 3.26 3.22 2.83 2.46 1.84
Deferred revenue 32.24 29.72 26.77 22.60 24.00 21.79
Current portion of convertible senior notes, net 13.73 30.01 15.21 0.00 0.00 9.45
Current liabilities 53.36% 67.79% 49.96% 29.69% 31.15% 36.74%
Convertible senior notes, net, excluding current portion 0.00 0.00 16.29 34.02 21.69 23.52
Long-term deferred revenue 31.87 27.36 22.28 19.43 19.82 18.82
Long-term operating lease liabilities 1.93 2.25 3.06 3.71 0.00 0.00
Other long-term liabilities 0.79 0.88 0.95 0.99 3.28 3.94
Long-term liabilities 34.58% 30.50% 42.58% 58.15% 44.79% 46.29%
Total liabilities 87.94% 98.29% 92.54% 87.85% 75.94% 83.03%
Temporary equity 0.00 0.00 1.26 0.00 0.00 0.38
Preferred stock; $0.0001 par value; none issued and outstanding 0.00 0.00 0.00 0.00 0.00 0.00
Common stock and additional paid-in capital; $0.0001 par value 20.82 15.77 22.57 24.92 37.79 33.79
Accumulated other comprehensive income (loss) -0.30 -0.45 -0.10 0.12 -0.06 -0.28
Accumulated deficit -8.46 -13.60 -16.27 -12.88 -13.67 -16.91
Stockholders’ equity 12.06% 1.71% 6.20% 12.15% 24.06% 16.60%
Total liabilities, temporary equity and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31), 10-K (reporting date: 2018-07-31).

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. Palo Alto Networks Inc. current liabilities as a percentage of total liabilities, temporary equity and stockholders’ equity increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Palo Alto Networks Inc. long-term liabilities as a percentage of total liabilities, temporary equity and stockholders’ equity decreased from 2021 to 2022 but then slightly increased from 2022 to 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. Palo Alto Networks Inc. total liabilities as a percentage of total liabilities, temporary equity and stockholders’ equity increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
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. Palo Alto Networks Inc. stockholders’ equity as a percentage of total liabilities, temporary equity and stockholders’ equity decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.