Stock Analysis on Net
Stock Analysis on Net

Synopsys Inc. (NASDAQ:SNPS)

Common-Size Balance Sheet: Assets
Quarterly Data

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

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Jul 31, 2026 Apr 30, 2026 Jan 31, 2026 Oct 31, 2025 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
Cash and cash equivalents 7.56 5.15 4.51 5.99 5.24 59.43 28.02 29.80 15.79 13.65 10.60 13.93 16.99 15.78 12.07 15.05 14.83 17.09 12.63 16.37 16.33 17.48 12.77 15.39 13.70 11.70 9.72
Short-term investments 0.00 0.15 0.16 0.15 0.14 0.61 1.19 1.18 1.33 1.42 1.46 1.47 1.50 1.54 1.54 1.57 1.58 1.59 1.66 1.69 1.71 0.00 0.00 0.00 0.00 0.00 0.00
Cash, cash equivalents and short-term investments 7.56% 5.30% 4.66% 6.14% 5.38% 60.04% 29.21% 30.98% 17.12% 15.07% 12.06% 15.39% 18.49% 17.32% 13.61% 16.62% 16.41% 18.68% 14.29% 18.06% 18.03% 17.48% 12.77% 15.39% 13.70% 11.70% 9.72%
Accounts receivable, net 2.76 2.70 3.47 3.12 2.89 4.22 6.84 7.15 6.91 7.58 10.08 9.16 6.72 7.97 10.82 8.45 7.32 7.85 11.67 6.50 6.81 7.34 9.85 9.72 8.33 8.67 11.09
Inventories 1.00 0.94 0.83 0.76 0.79 1.66 3.18 2.77 3.31 3.43 3.62 3.15 2.85 2.62 2.31 2.25 2.36 2.32 2.39 2.62 2.84 2.76 2.88 2.40 2.09 2.27 2.06
Prepaid and other current assets 2.60 2.55 2.30 2.45 2.39 5.13 9.25 8.59 7.85 6.90 6.51 5.49 4.88 4.38 4.92 4.66 4.99 4.53 4.76 4.91 4.89 4.67 4.42 4.24 4.41 4.14 4.22
Current assets held for sale 0.00 0.10 0.10 0.00 0.15 0.00 0.00 0.00 8.82 9.27 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Current assets 13.92% 11.60% 11.38% 12.47% 11.60% 71.05% 48.49% 49.49% 44.02% 42.26% 32.28% 33.20% 32.94% 32.28% 31.66% 31.99% 31.07% 33.38% 33.11% 32.09% 32.57% 32.25% 29.92% 31.75% 28.53% 26.78% 27.09%
Property and equipment, net 1.57 1.52 1.43 1.44 1.45 2.41 4.19 4.31 4.91 5.15 5.37 5.39 5.40 5.58 5.40 5.13 5.22 5.34 5.36 5.40 5.54 5.74 6.07 6.03 6.32 6.42 6.35
Operating lease right-of-use assets, net 1.46 1.49 1.51 1.46 1.44 2.47 4.19 4.33 4.78 4.79 5.22 5.50 5.79 5.89 6.14 5.94 6.16 6.35 5.41 5.64 5.82 6.06 5.77 5.80 6.16 6.32 6.39
Goodwill 56.23 57.27 56.91 55.78 55.87 14.57 26.33 26.38 29.57 31.12 39.13 39.39 39.18 39.71 40.40 40.80 41.32 39.26 40.36 40.86 41.07 41.16 42.84 41.91 43.80 45.22 44.87
Intangible assets, net 24.01 25.33 26.02 26.29 27.12 0.73 1.39 1.49 2.28 2.51 3.57 3.62 3.39 3.65 3.78 4.10 4.34 3.62 2.93 3.19 2.95 2.80 3.17 3.17 3.59 3.81 3.92
Deferred income taxes 0.20 0.24 0.25 0.23 0.20 6.35 10.68 9.54 9.47 9.12 9.04 8.33 8.20 7.91 7.52 7.12 6.62 6.58 7.06 7.00 6.22 6.16 6.53 6.20 6.05 5.87 5.66
Other long-term assets 2.62 2.55 2.51 2.33 2.32 2.42 4.74 4.46 4.98 5.04 5.38 4.56 5.10 4.97 5.11 4.92 5.28 5.47 5.76 5.84 5.83 5.82 5.69 5.16 5.54 5.57 5.73
Long-term assets 86.08% 88.40% 88.62% 87.53% 88.40% 28.95% 51.51% 50.51% 55.98% 57.74% 67.72% 66.80% 67.06% 67.72% 68.34% 68.01% 68.93% 66.62% 66.89% 67.91% 67.43% 67.75% 70.08% 68.25% 71.47% 73.22% 72.91%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2026-07-31), 10-Q (reporting date: 2026-04-30), 10-Q (reporting date: 2026-01-31), 10-K (reporting date: 2025-10-31), 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).

The asset structure exhibits a fundamental transformation over the analyzed period, transitioning from a balanced composition of current and long-term assets to one heavily dominated by intangible assets and goodwill. A significant structural shift occurs between April 2025 and July 2025, indicating a major corporate event, likely a large-scale acquisition, that drastically altered the balance sheet composition.

Liquidity and Cash Management
Cash and cash equivalents remained relatively stable between 9.72% and 18.68% from January 2020 through early 2024. A period of extreme volatility followed, with cash levels peaking at 59.43% of total assets in April 2025. This peak was immediately followed by a sharp contraction, with cash falling to 5.24% by July 2025 and remaining low through July 2026. This pattern suggests a massive influx of liquidity that was subsequently deployed for a strategic investment or acquisition.
Working Capital Trends
Accounts receivable, net, showed a gradual decline from 11.09% in early 2020 to approximately 6-7% between 2021 and 2023. Following the structural shift in 2025, receivables dropped significantly, reaching 2.76% by July 2026. Inventories remained low and stable, generally fluctuating between 2% and 3.6% until mid-2025, after which they settled between 0.76% and 1.00%. Prepaid and other current assets also saw a marked decrease from a peak of 9.25% in January 2025 to approximately 2.60% by July 2026.
Fixed and Physical Assets
There is a consistent long-term downward trend in the proportion of physical assets. Property and equipment, net, decreased from 6.35% in January 2020 to 1.57% by July 2026. Similarly, operating lease right-of-use assets declined from 6.39% to 1.46% over the same period. This suggests a strategic shift toward an asset-light operating model or the dilution of physical assets by the growth of intangible asset values.
Intangible Assets and Goodwill
Goodwill and intangible assets represent the most significant change in the asset base. Goodwill remained the largest asset component, hovering between 39% and 45% for several years before dipping to 26.33% in April 2025. In July 2025, goodwill surged to 55.87% and remained elevated at 56.23% by July 2026. Concurrently, intangible assets, which were consistently below 5% prior to 2025, spiked to 27.12% in July 2025 and stayed above 24% through July 2026. Combined, these two items account for over 80% of total assets by the end of the period.
Deferred Tax and Other Long-term Assets
Deferred income taxes exhibited a gradual increase from 5.66% in 2020 to a peak of 10.68% in January 2025. However, this figure collapsed to 0.20% by July 2025 and remained negligible through July 2026. Other long-term assets followed a similar trajectory of gradual stability followed by a reduction to approximately 2.62% of total assets by the end of the series.

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