Balance Sheet: Assets
Quarterly Data
The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.
Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.
Based on: 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-K (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-Q (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-K (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-Q (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-K (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-Q (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-K (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-Q (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-K (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-Q (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30).
The financial data reveals several notable trends and patterns over the analyzed periods. The cash and cash equivalents demonstrate fluctuations with a significant peak occurring in the last reported period, indicating a substantial increase in liquidity. A general trend of volatility is observed, with values oscillating between lower levels around the mid-periods and higher levels at the beginning and end.
Receivables, net, exhibit some variability but maintain a generally stable range throughout the periods. Although there are minor increases and decreases, the overall level of receivables remains relatively consistent, suggesting steady credit sales and collections practices.
Inventories, net, show an overall increasing trend, which could suggest growing stock levels. This might indicate preparation for higher sales, potential stockpiling, or challenges in inventory turnover. The increase is gradual, with some minor fluctuations.
Other current assets fluctuate but remain on a lower scale compared to primary current assets, with no clear upward or downward long-term trend. Current assets as a whole demonstrate some volatility but generally mirror the patterns seen within cash and cash equivalents, receivables, and inventories.
Investments reveal a downward trend in later periods after an initial rise. This decrease may reflect disposals, revaluations, or reallocations of investment assets.
Property, plant, and equipment, net, remain relatively stable through the periods with minor fluctuations, indicating consistent capital investment with little significant expansion or divestiture.
Intangible assets, net, display slight decreases towards the end of the timeline, suggesting amortization or impairment activities over time.
Goodwill remains broadly stable in the later periods after an initial increase, indicating limited acquisition activity or stable valuations after previous substantial goodwill recognition.
Other non-current assets exhibit minor fluctuations but no significant trend up or down, maintaining a steady contribution to the asset base.
The total non-current assets generally remain stable with minor variations, reflecting consistent long-term asset holdings after an initial rise and subsequent normalization in certain periods.
Total assets show fluctuations with a peak at the beginning and end of the time span, with some decreases mid-period. This suggests variable asset acquisition and disposal activities, as well as possible changes in asset valuations or operational scale adjustments.
- Liquidity
- Marked by volatility in cash and equivalents but ending with a substantial increase, indicating improved liquidity position.
- Receivables
- Stable levels with minor fluctuations, implying steady credit management.
- Inventories
- Gradual increase, possibly indicating buildup for future sales or slower turnover.
- Investments
- Downward trend in later periods suggests divestment or reallocation.
- Fixed Assets
- Consistent levels of property, plant, and equipment imply stable capital investment.
- Intangible Assets and Goodwill
- Moderate amortization or impairment reflected by slight decreases or stability in these assets.
- Total Assets
- Fluctuations corresponding with changes in current and non-current assets, possibly influenced by corporate actions or market conditions.