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.

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).

The analyzed financial data reveals notable trends in the annual asset composition for the subject company from 2018 through 2022. The total assets increased steadily over the five-year period, rising from approximately $43.3 billion in 2018 to $78.7 billion in 2022, indicating overall growth in the company's asset base.

Current assets demonstrated a pronounced upward trajectory, advancing from nearly $33.0 billion in 2018 to $57.5 billion by 2022. Within current assets, "Funds receivable and customer accounts" showed substantial growth, climbing from about $20.1 billion in 2018 to roughly $36.4 billion in 2022, suggesting an expanding client or transactional volume. "Accounts receivable, net" and "Loans and interest receivable, net of allowances" also increased significantly, with the latter nearly tripling from $2.5 billion to $7.4 billion during the period, pointing to an enlarged loan or credit portfolio. "Prepaid expenses and other current assets" rose steadily as well, indicating heightened operational expenditures or advanced payments.

Cash and cash equivalents exhibited some volatility but ended the period higher than at the start, moving from about $7.6 billion in 2018 down to $4.8 billion in 2020 and then up to $7.8 billion by 2022. Short-term investments peaked at $8.3 billion in 2020 before declining to around $3.1 billion in 2022, reflecting possible strategic liquidity shifts or investment portfolio adjustments.

Non-current assets increased from approximately $10.4 billion in 2018 to $21.2 billion in 2022, nearly doubling over the span. Goodwill experienced strong growth reaching a peak of $11.5 billion in 2021 before slightly decreasing to $11.2 billion in 2022, which may suggest acquisition activity during the period. Intangible assets rose until 2021 but declined sharply in 2022, dropping from around $1.3 billion to $0.8 billion, possibly reflecting amortization or impairment charges. Long-term investments climbed notably until 2021 but then decreased by 2022, indicating potential portfolio restructuring. Property and equipment net values remained relatively stable with minor fluctuations, ending somewhat lower than the start value, suggesting limited changes in fixed asset holdings.

Other assets consistently increased across the years, more than quadrupling from about $565 million in 2018 to approximately $2.5 billion in 2022, which could indicate diversification or capitalization of other types of assets.

Overall, the data indicates a growing company with significant increases in both current and non-current assets. The expansions in receivables, funds receivable, and goodwill imply enhanced business operations and acquisitive growth strategies, while fluctuations in investments and intangibles suggest active portfolio management and possible asset revaluations.

Total Assets: Steady growth from $43.3B in 2018 to $78.7B in 2022.
Current Assets: Increased from $32.9B to $57.5B; driven largely by funds receivable and loan receivables.
Cash and Cash Equivalents: Fluctuated; decreased to $4.8B in 2020, rebounded to $7.8B by 2022.
Short-term Investments: Peaked at $8.3B in 2020, then declined to $3.1B in 2022.
Loans and Interest Receivable: Marked increase from $2.5B to $7.4B, indicating growth in lending activities.
Funds Receivable and Customer Accounts: Grew significantly from $20.1B to $36.4B over five years.
Goodwill: Rose substantially from $6.3B to a high of $11.5B in 2021, slight decrease afterward.
Intangible Assets: Increased until 2021, then declined sharply in 2022, possibly due to amortization or impairment.
Property and Equipment, Net: Relatively stable with minor decreases over the period.
Other Assets: Consistent increase, implying expanded asset diversification.

Assets: Selected Items

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Current Assets: Selected Items

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PayPal Holdings Inc. (NASDAQ:PYPL)

Balance Sheet: Assets

Assets: Selected Items

Current Assets: Selected Items