Name: PayPal Holdings Inc. (NASDAQ:PYPL) | Balance Sheet: Assets
Creator: Stock Analysis on Net

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.

Assets: Selected Items

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Current Assets: Selected Items

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PayPal Holdings Inc., consolidated balance sheet: assets

US$ in millions

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Cash and cash equivalents	7,776)	5,197)	4,794)	7,349)	7,575)
Short-term investments	3,092)	4,303)	8,289)	3,412)	1,534)
Accounts receivable, net	963)	800)	577)	435)	313)
Loans and interest receivable, net of allowances	7,431)	4,846)	2,769)	3,972)	2,532)
Funds receivable and customer accounts	36,357)	36,141)	33,418)	22,527)	20,062)
Prepaid expenses and other current assets	1,898)	1,287)	1,148)	800)	947)
Current assets	57,517)	52,574)	50,995)	38,495)	32,963)
Long-term investments	5,018)	6,797)	6,089)	2,863)	971)
Property and equipment, net	1,730)	1,909)	1,807)	1,693)	1,724)
Goodwill	11,209)	11,454)	9,135)	6,212)	6,284)
Intangible assets, net	788)	1,332)	1,048)	778)	825)
Other assets	2,455)	1,737)	1,305)	1,292)	565)
Non-current assets	21,200)	23,229)	19,384)	12,838)	10,369)
Total assets	78,717)	75,803)	70,379)	51,333)	43,332)

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Total assets exhibited a consistent upward trajectory from December 31, 2018, to December 31, 2022, growing from US$ 43.33 billion to US$ 78.72 billion. This overall expansion was primarily driven by a substantial increase in current assets, which rose from US$ 32.96 billion to US$ 57.52 billion over the analyzed period.

Current Asset Composition and Liquidity: Funds receivable and customer accounts represent the most significant component of the asset base, increasing from US$ 20.06 billion in 2018 to US$ 36.36 billion in 2022. Cash and cash equivalents showed volatility, decreasing to a low of US$ 4.79 billion in 2020 before recovering to US$ 7.78 billion by 2022. Short-term investments peaked in 2020 at US$ 8.29 billion but declined significantly to US$ 3.09 billion by the end of 2022.
Credit Portfolio Expansion: A pronounced growth trend is observed in loans and interest receivable, net of allowances, which increased from US$ 2.53 billion in 2018 to US$ 7.43 billion in 2022. The most rapid acceleration occurred between 2021 and 2022, indicating a strategic expansion of credit-based products.
Non-Current Asset Growth and Strategic Acquisitions: Non-current assets grew from US$ 10.37 billion in 2018 to US$ 21.20 billion in 2022. This growth was heavily influenced by goodwill, which rose from US$ 6.28 billion to US$ 11.21 billion, suggesting a period of active inorganic growth through acquisitions. Long-term investments showed an upward trend until 2021, peaking at US$ 6.80 billion before decreasing to US$ 5.02 billion in 2022.
Operational Asset Stability: Property and equipment, net, remained relatively stagnant, fluctuating within a narrow range between US$ 1.69 billion and US$ 1.91 billion. This stability indicates that the company's growth is not heavily dependent on physical infrastructure or capital-intensive assets.

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