Stock Analysis on Net
Stock Analysis on Net

Roper Technologies Inc. (NASDAQ:ROP)

$22.49

This company has been moved to the archive! The financial data has not been updated since November 2, 2023.

Common-Size Balance Sheet: Assets
Quarterly Data

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Roper Technologies Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
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 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Cash and cash equivalents
Accounts receivable, net
Inventories, net
Income taxes receivable
Unbilled receivables
Other current assets
Current assets held for sale
Current assets
Property, plant and equipment, net
Goodwill
Other intangible assets, net
Deferred taxes
Equity investments
Other assets
Assets held for sale
Noncurrent assets
Total assets

Based on: 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), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Cash and cash equivalents
The proportion of cash and cash equivalents relative to total assets shows marked volatility over the analyzed periods. Initially stable around 2.5%, it surged sharply in early 2020, peaking near 9.77% in mid-2020 before declining to lower levels near 1% by late 2023. A significant spike is apparent in early 2022, reaching over 12%, followed by a steady decrease thereafter.
Accounts receivable, net
This category demonstrates a generally declining trend from around 4.5% of total assets in early 2018 to about 2.3%-2.6% in the latest quarters of 2023. The values are relatively consistent with minor quarter-to-quarter fluctuations, indicating possibly tighter credit or improved collections over time.
Inventories, net
Inventories as a percentage of total assets steadily decreased from roughly 1.5% in early 2018 to around 0.4% by 2023. This persistent decline suggests a long-term reduction in inventory holdings or more efficient inventory management.
Income taxes receivable
Income taxes receivable remain a small proportion of total assets generally below 0.3%. Minor fluctuations occur, with some slight increases observed in late 2022, reaching approximately 0.23%, before declining again in 2023.
Unbilled receivables
This asset category shows a downward trend from about 1.2% in 2018-2019 to approximately 0.4% in recent periods. The most notable drop occurs between late 2021 and early 2022. The relatively steady decline may reflect changes in billing practices or project completions lagging less behind revenue recognition.
Other current assets
Other current assets remain quite stable, fluctuating between 0.5% and 0.66% throughout the years. Slight increases are seen near mid-2023, indicating a consistent but minor portion of total assets.
Current assets held for sale
This category exhibits irregular data with several missing values. Notably, a spike is observed in early 2022 with holdings reaching above 4%, reflecting asset divestitures or reclassifications during that period.
Current assets (total)
Current assets as a share of total assets fluctuate widely, notably peaking at over 19% in mid-2022 and reaching lows near 5% or below in other periods, such as late 2023. These swings largely correspond to fluctuations in cash equivalents and assets held for sale, indicating varying liquidity positions over time.
Property, plant, and equipment, net
This long-term asset category steadily declines from approximately 1% to around 0.3%-0.35% of total assets by 2023, indicating either asset disposals or relative asset base growth outpacing fixed asset investment.
Goodwill
Goodwill constitutes the largest single asset component, consistently representing more than half of total assets. It reduces gradually from about 63% in early 2018 to roughly 58%-60% in recent periods, showing modest contraction but remaining dominant, reflective of acquisitions or intangible asset adjustments.
Other intangible assets, net
These assets fluctuate generally between 24% and 30%, with a noticeable increase around 2020 reaching above 30%, then stabilizing near 29%-30% in 2021-2023. This pattern suggests investment in or recognition of intangible assets during that period.
Deferred taxes
Deferred taxes maintain a low and stable proportion of around 0.15%-0.6%, with some minor spikes in 2019 and early 2020, then generally remaining under 0.25% in recent years.
Equity investments
Equity investments as a proportion of total assets only appears in late 2022 and 2023 data, ranging between approximately 2.0% and 2.6%, indicating new or newly classified investment holdings.
Other assets
Other noncurrent assets show an increase from less than 1% in early periods to over 2% in 2019, after which they gradually decline toward about 1.4%-1.5% by late 2023, denoting possible asset reclassifications or disposals.
Assets held for sale
Recorded sporadically with missing values in many periods, this category peaks around early 2019 and early 2022, suggesting occasional disposals or asset reclassification events.
Noncurrent assets (total)
Noncurrent assets generally represent a dominant portion of total assets, ranging from approximately 80% to above 90%. There is a notable dip in mid-2020 to 83%, followed by recovery to over 90% levels toward the end of the period, reflecting the changing composition between current and long-term assets.
Total assets
The total assets scale is normalized to 100% at each period, serving as the reference base for all other item percentages.