Common-Size Balance Sheet: Assets
Paying user area
Try for free
Ross Stores Inc. pages available for free this week:
- Balance Sheet: Assets
- Balance Sheet: Liabilities and Stockholders’ Equity
- Cash Flow Statement
- Analysis of Short-term (Operating) Activity Ratios
- Dividend Discount Model (DDM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Selected Financial Data since 2005
- Current Ratio since 2005
- Analysis of Revenues
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Ross Stores Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Ross Stores Inc., common-size consolidated balance sheet: assets
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
- Cash and Cash Equivalents
- Cash and cash equivalents as a percentage of total assets fluctuated over the observed periods. Starting at 20.94% in early 2017, the figure slightly increased, peaking at 23.26% by early 2019. However, there was a notable decline to 14.45% in early 2020, followed by a sharp rise to 37.89% in early 2021, and a slight decrease to 36.09% by early 2022.
- Short-Term Investments
- Short-term investments were almost negligible, with only a minimal figure of 0.01% recorded in early 2018; no other values were reported throughout the periods.
- Accounts Receivable
- Accounts receivable as a percentage of total assets showed a modest declining trend. It increased slightly from 1.42% in early 2017 to 1.59% in early 2019 then decreased steadily to 0.87% by early 2022, indicating improved collection efficiency or a decrease in credit sales.
- Merchandise Inventory
- Merchandise inventory displayed a significant downward trend over the period. Starting from approximately 28.5% in early 2017 and early 2018, it remained stable until early 2019. From early 2020 onwards, there was a sharp decline to 19.6%, then further to 11.87% in early 2021. By early 2022, it experienced a partial recovery to 16.59%.
- Prepaid Expenses and Other
- Prepaid expenses and other current assets saw a gradual decline. Beginning around 2.14% in early 2017, these assets decreased to 1.24% by early 2022, reflecting adjustments in prepayments or deferrals.
- Current Assets
- The proportion of current assets to total assets exhibited volatility. It rose steadily from 52.98% in early 2017 to a peak of 56.05% in early 2019, dropped sharply to 36.72% in early 2020, then rebounded to 54.79% by early 2022. This corresponds with fluctuations in major current asset components like cash and inventory.
- Property and Equipment, Net
- Property and equipment as a percentage of total assets consistently declined, from 43.85% in early 2017 to 21.25% in early 2022. The most significant drop occurred between early 2019 and early 2020, possibly due to asset disposals or reclassification.
- Operating Lease Assets
- Operating lease assets appeared in the data starting early 2020 at 32.67%, then steadily decreased to 22.19% by early 2022. This inclusion and decline may reflect changes in lease accounting standards and lease terminations or modifications.
- Deferred Compensation
- The deferred compensation accounted for a small and slightly decreasing proportion of total assets, declining from 2.11% in early 2018 to 1.2% in early 2022.
- Restricted Cash and Cash Equivalents
- Restricted cash and cash equivalents consistently decreased over time, from 1.03% in early 2017 down to 0.36% by early 2022, indicating reduced balances of restricted funds.
- Other and Other Long-Term Assets
- Other assets remained stable at minimal values around 0.2%, while other long-term assets declined gradually from 3.17% in early 2017 to 1.77% in early 2022.
- Long-Term Assets
- Long-term assets as a percentage of total assets showed variation, starting near 47% in early 2017, dipping to about 44% by early 2019, then increasing sharply to 63.28% in early 2020. Subsequently, they decreased again to approximately 45% by early 2022. This pattern is influenced by the recognition of operating lease assets and reductions in property and equipment.
- Total Assets
- Total assets are consistently represented as 100% for all periods, serving as the baseline for the analysis.