Stock Analysis on Net
AI Tokens
Stock Analysis on Net

Take-Two Interactive Software Inc. (NASDAQ:TTWO)

This company has been moved to the archive! The financial data has not been updated since May 20, 2025.

Common-Size Balance Sheet: Assets
Quarterly Data

Take-Two Interactive Software Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 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
Cash and cash equivalents 15.86 9.52 6.70 8.35 6.17 6.03 4.98 5.00 5.22 5.10 5.47 4.78 26.46 15.52 12.95 22.19 23.60 27.65 23.05 26.15 27.43 26.33 15.83 22.55
Short-term investments 0.10 0.03 0.03 0.12 0.18 0.16 0.30 0.70 1.18 1.59 1.99 2.59 12.53 23.26 21.76 17.98 21.71 12.95 17.83 16.41 13.01 14.33 15.42 12.77
Restricted cash and cash equivalents 0.16 0.12 2.73 2.36 2.06 1.24 2.79 2.46 1.94 1.96 3.38 3.01 5.50 4.20 11.40 10.34 8.94 12.81 7.71 8.71 11.05 9.38 13.88 14.37
Accounts receivable, net of allowances 8.40 5.22 6.57 4.59 5.56 4.47 5.36 4.01 4.81 4.21 4.75 3.57 8.85 10.19 12.15 7.72 9.17 9.74 13.50 12.76 11.97 13.27 17.83 8.08
Software development costs and licenses 0.88 0.53 0.74 0.48 0.72 0.47 0.62 0.22 0.42 0.40 0.51 0.36 1.24 0.75 0.82 0.23 0.72 0.82 1.26 0.59 0.81 1.23 1.29 0.41
Capped call receivable 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.79 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Contract assets 0.88 0.61 0.61 0.62 0.70 0.60 0.54 0.51 0.50 0.50 0.50 0.57 1.60 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Prepaid expenses and other 4.39 2.91 3.31 3.24 3.10 1.93 2.10 1.62 1.75 1.67 1.98 1.44 2.95 4.35 5.02 5.11 5.87 5.75 4.02 4.05 6.31 5.86 6.11 6.43
Current assets 30.67% 18.94% 20.69% 19.77% 18.50% 14.89% 16.68% 14.52% 15.81% 15.44% 18.59% 17.11% 59.13% 58.27% 64.11% 63.56% 70.01% 69.73% 67.37% 68.67% 70.59% 70.40% 70.37% 64.61%
Fixed assets, net 4.83 3.36 3.32 3.26 3.37 2.69 2.58 2.61 2.54 2.14 1.91 1.69 3.70 3.71 3.49 3.56 2.48 2.27 2.29 2.40 2.67 2.61 2.68 2.89
Operating lease right-of-use assets 3.55 2.57 2.57 2.66 2.67 2.13 2.06 1.88 1.78 1.89 1.71 1.73 3.32 3.34 3.15 2.59 2.73 2.71 2.68 2.94 3.12 3.14 2.48 2.86
Software development costs and licenses, net of current portion 20.61 15.02 13.24 12.41 11.84 9.70 8.36 7.66 6.76 6.14 5.19 4.67 11.55 11.61 9.39 9.62 8.14 7.32 6.91 7.64 8.12 9.03 10.96 14.51
Goodwill 11.52 36.30 35.55 36.36 36.23 44.40 43.40 43.60 42.66 40.21 39.28 40.73 10.30 10.70 10.01 10.22 8.88 8.96 8.93 7.26 7.81 8.03 7.97 8.96
Other intangibles, net 25.44 21.18 22.15 23.22 25.05 23.81 24.83 27.10 28.07 30.94 30.66 30.74 4.07 4.31 4.35 4.84 2.02 1.97 2.17 0.87 1.04 1.16 1.27 1.56
Long-term restricted cash and cash equivalents 0.96 0.69 0.66 0.65 0.78 0.71 0.69 0.67 0.63 0.65 0.62 0.61 1.58 1.63 1.56 1.64 1.63 1.65 4.96 5.39 1.80 0.00 0.00 0.00
Other assets 2.41 1.95 1.81 1.67 1.56 1.67 1.40 1.96 1.74 2.59 2.05 2.72 6.35 6.43 3.93 3.97 4.10 5.39 4.70 4.83 4.86 5.63 4.27 4.60
Non-current assets 69.33% 81.06% 79.31% 80.23% 81.50% 85.11% 83.32% 85.48% 84.19% 84.56% 81.41% 82.89% 40.87% 41.73% 35.89% 36.44% 29.99% 30.27% 32.63% 31.33% 29.41% 29.60% 29.63% 35.39%
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%

Based on: 10-K (reporting date: 2025-03-31), 10-Q (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).

A fundamental transformation in the asset structure occurred between March 2022 and June 2022, shifting the balance sheet from a liquidity-focused position to one dominated by non-current assets. This structural pivot suggests a major capital allocation event, likely an acquisition, which significantly altered the composition of the asset base for several subsequent years before another shift occurred in early 2025.

Liquidity and Current Asset Trends
Current assets maintained a dominant position between June 2019 and March 2022, consistently representing 60% to 70% of total assets. However, a precipitous decline was recorded in June 2022, with current assets falling to 17.11%. This low range persisted through December 2024, with a notable recovery observed by March 31, 2025, where current assets rose to 30.67%. This volatility is mirrored in cash and cash equivalents, which fell from peaks of approximately 27% to a sustained low of around 5% between June 2022 and December 2023, before climbing back to 15.86% by March 31, 2025.
Short-term investments experienced a near-total depletion following March 2022, dropping from 12.53% to values consistently below 0.20% for the remainder of the analyzed period, indicating a shift away from highly liquid marketable securities.
Intangible Assets and Goodwill
The most significant change in the asset profile is observed in the surge of goodwill and other intangibles starting in June 2022. Goodwill increased abruptly from 10.30% in March 2022 to 40.73% in June 2022, remaining at elevated levels (above 35%) through December 2024. Similarly, other intangibles rose from 4.07% to 30.74% in the same period. This concentration of value in non-physical assets shifted the total non-current asset ratio from roughly 40% to over 80%.
A sharp reversal is evident by March 31, 2025, where goodwill plummeted to 11.52% of total assets, suggesting a significant impairment charge or a major restructuring of the asset base.
Operational and Long-term Assets
Software development costs and licenses (net of current portion) exhibited a U-shaped trend. After a decrease during the June 2022 transition, these costs began a steady ascent, rising from 4.67% in June 2022 to 20.61% by March 31, 2025. This suggests an increasing capitalization of development costs relative to the total asset base.
Fixed assets and operating lease right-of-use assets remained relatively marginal throughout the entire period, generally fluctuating between 1.5% and 5% of total assets, indicating a low reliance on heavy physical infrastructure relative to the company's total valuation.

AI Ask an analyst for more

My previous chats

Add tokens

Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.

How can I help you?