Stock Analysis on Net

Synopsys Inc. (NASDAQ:SNPS)

$24.99

Common-Size Balance Sheet: Assets
Quarterly Data

Paying user area


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Apple Pay Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

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

Microsoft Excel
Apr 30, 2025 Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019
Cash and cash equivalents
Short-term investments
Cash, cash equivalents and short-term investments
Accounts receivable, net
Inventories
Prepaid and other current assets
Current assets held for sale
Current assets
Property and equipment, net
Operating lease right-of-use assets, net
Goodwill
Intangible assets, net
Deferred income taxes
Other long-term assets
Long-term assets
Total assets

Based on: 10-Q (reporting date: 2025-04-30), 10-Q (reporting date: 2025-01-31), 10-K (reporting date: 2024-10-31), 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31).

Cash and cash equivalents
The proportion of cash and cash equivalents relative to total assets generally fluctuated between approximately 9% and 18% from early 2019 to late 2023, showing periodic increases notably in early 2021 and 2022. A marked surge occurred starting January 2025, reaching nearly 60% of total assets by the last reported quarter, indicating a substantial increase in liquid assets.
Short-term investments
Data for short-term investments is only available from early 2021 onward, remaining relatively stable between 1.3% and 1.7% until early 2024, after which it trends downward to near 0.6% by early 2025, suggesting a decline in allocation to short-term securities.
Cash, cash equivalents, and short-term investments
This combined liquidity measure follows a similar pattern to cash alone, with increases peaking in early 2021 and 2022, and then a significant jump starting early 2025, reaching approximately 60% of total assets by January 2025, emphasizing the company's growing emphasis on highly liquid asset holdings.
Accounts receivable, net
The percentage of accounts receivable against total assets fluctuated notably within a range of approximately 4% to 12%. It exhibited a cyclical pattern with peaks generally occurring near the start of each year, and a visible downward trend after early 2024, reaching about 4.2% by January 2025, indicating improved receivables management or reduced credit sales.
Inventories
Inventories consistently maintained a minor share of total assets, fluctuating mildly between 1.6% and 3.6% throughout the period. There was a slow but steady increase through 2023 followed by a decrease in early 2025 down to about 1.7%, suggesting possible inventory optimization or shifts in sales mix.
Prepaid and other current assets
The proportion of prepaid and other current assets ranged from around 4% to over 9%, showing a predominantly upward trend, especially from 2022 onwards, with peaks reaching over 9% in early 2025. This increase may reflect prepayments or other current asset accumulations.
Current assets held for sale
Reported only from early 2024, current assets held for sale constituted approximately 8-9% of total assets, followed by missing data in the subsequent quarter, indicating potential asset disposition or reclassification activities around that time.
Current assets
The current assets portion of total assets remained relatively stable around 26% to 33% through 2019 to late 2023. A significant increase was observed starting early 2024, rising sharply up to over 71% by early 2025, driven largely by the increase in cash and equivalents and other liquid current assets.
Property and equipment, net
This category remained stable between about 2.4% and 6.7% of total assets, with a gradual declining trend from 2019 towards 2025, falling to approximately 2.4% by January 2025, indicative of asset disposals or less investment in physical assets.
Operating lease right-of-use assets, net
Starting in 2020, the right-of-use assets associated with operating leases represented around 4.3% to 6.4% of total assets, showing a moderate decline over time, reaching approximately 2.5% by early 2025, which may indicate lease terminations or modifications.
Goodwill
Goodwill as a share of total assets shows a substantial decreasing trend throughout the period, starting close to 50% in 2019 and falling consistently to about 14.6% by early 2025. This significant reduction may be due to impairment charges, asset sales, or reclassifications.
Intangible assets, net
Intangible assets similarly declined from around 5.2% of total assets at the beginning of the period to below 1% by early 2025, suggesting amortization, impairments, or divestitures affecting these non-physical assets.
Deferred income taxes
The allocation to deferred income taxes steadily increased over time from roughly 5.3% to over 10% by early 2025, reflecting growing deferred tax assets or liabilities on the balance sheet, potentially linked to changes in tax planning or timing differences.
Other long-term assets
This category hovered around 2.4% to 6.5% of total assets with a slight downward trend, reaching approximately 2.4% by early 2025, indicating a reduction in miscellaneous or other non-current asset holdings.
Long-term assets
Long-term assets collectively accounted for approximately 50% to 74% of total assets across the span of years analyzed. A notable decline occurred after 2023, dropping to just under 29% by early 2025, consistent with the reduction in goodwill, intangible assets, and property and equipment, pointing to a strategic shift away from long-term asset holdings.
Total assets
The total assets are consistently normalized to 100% for analytical purposes.