Stock Analysis on Net

Synopsys Inc. (NASDAQ:SNPS)

$24.99

Common-Size Balance Sheet: Assets
Quarterly Data

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

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Jul 31, 2025 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: 2025-07-31), 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 displayed moderate fluctuations from early 2019 through 2023, generally ranging between approximately 9% and 18%. There was a notable peak in early 2024 with a significant increase to nearly 60%, before sharply decreasing again by mid-2025. This suggests a temporary substantial buildup of cash holdings during that period.
Short-term investments
The percentage of short-term investments began to be reported from late 2021 onward, showing a gradual decline from around 1.7% to 0.14% by mid-2025. This decline indicates a reduction in liquid investment securities over time, particularly towards the later periods.
Cash, cash equivalents and short-term investments
Combining cash equivalents and short-term investments reflects a similar trend to cash alone, with a general upward movement through 2021 and 2022 followed by a dramatic spike early in 2024, then a decrease by mid-2025. This signals an overall increase in liquid assets prior to 2024, with an exceptional accumulation early in 2024 followed by reduction.
Accounts receivable, net
Net accounts receivable as a percentage of total assets varied between approximately 2.9% and 12%. It experienced a declining trend from early 2019 to around mid-2025, suggesting a reduced relative volume of receivables on the balance sheet over time, particularly declining sharply after early 2024.
Inventories
Inventory levels as a proportion of total assets showed moderate variability, increasing gradually from about 2.0% in early 2019 to around 3.6% by early 2024, before decreasing noticeably toward mid-2025. This pattern may reflect changes in inventory management or sales cycles over time.
Prepaid and other current assets
These assets steadily increased their share of total assets from about 4.2% in early 2019 to over 9% by early 2025, indicating an expanding component of current assets held in prepaid or other forms, which might imply changes in payment timing or asset composition.
Current assets held for sale
This item was largely unreported until a sharp appearance close to 9% in early 2025, dropping quickly afterward, which suggests the classification of certain assets as held for sale during that period, followed by divestment or reclassification.
Current assets overall
The total current assets as a percentage of total assets generally hovered in the high 20% to low 30% range from 2019 through 2023, with a marked increase to over 70% early in 2025 primarily driven by spikes in cash and cash equivalents and current assets held for sale. This indicates a temporary strong shift towards liquidity and short-term holdings.
Property and equipment, net
This category slightly decreased over time from about 6% down to below 1.5% by mid-2025, reflecting a diminishing investment or net book value in tangible fixed assets relative to total assets.
Operating lease right-of-use assets, net
Reported from 2020 onward, these assets showed a decreasing trend from around 6.4% down to below 1.5% in mid-2025, indicative of a reduction in leased asset usage or related balance sheet recognition.
Goodwill
Goodwill consistently represented a significant proportion of total assets, approximately 40%-50% from 2019 to early 2023, but experienced a substantial decline to around 15% in early 2025. This trend could suggest impairment charges, divestitures, or revaluation leading to a reduced intangible asset base attributed to acquisitions.
Intangible assets, net
Net intangible assets decreased moderately from over 5% early in 2019 to below 1% by mid-2025, with a temporary rise in 2024. Such decreases may indicate amortization or write-downs reducing the recorded value of intangible assets over time.
Deferred income taxes
The percentage of deferred income taxes increased steadily over the period, growing from about 5.3% to over 10% by early 2025. This trend signals an increasing recognition of deferred tax assets or liabilities on the balance sheet relative to total assets.
Other long-term assets
Other long-term assets as a proportion of total assets remained relatively stable, fluctuating mildly between roughly 2.3% and 6.5%, with some downward movement toward 2025, which suggests a consistent but slightly contracting component of long-term asset holdings outside main categories.
Long-term assets overall
Long-term assets consistently constituted the majority of total assets, maintaining levels near 70% until early 2024, when a sharp drop to under 30% occurred, followed by a recovery to nearly 90% at one point, and stabilizing around 50%-60% thereafter. These major fluctuations appear connected to significant reclassifications or valuation changes, potentially relating to goodwill, intangible assets, and the mid-2024 changes in current asset composition.
Total assets
By definition, total assets are constant at 100% each period, serving as the basis for relative comparisons among asset categories.