Common-Size Balance Sheet: Assets
Quarterly Data
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- Cash Flow Statement
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Liquidity Ratios
- Analysis of Solvency Ratios
- Analysis of Long-term (Investment) Activity Ratios
- Enterprise Value (EV)
- Enterprise Value to EBITDA (EV/EBITDA)
- Net Profit Margin since 2013
- Return on Assets (ROA) since 2013
- Total Asset Turnover since 2013
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Based on: 10-Q (reporting date: 2025-07-31), 10-Q (reporting date: 2025-04-30), 10-K (reporting date: 2025-01-31), 10-Q (reporting date: 2024-10-31), 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30).
- Cash and cash equivalents
- The proportion of cash and cash equivalents relative to total assets exhibits notable fluctuations over the periods analyzed. From April 2019 to January 2020, the ratio remains around 10-16%, with a peak near 16.8% in April 2020. Subsequently, it descends gradually to a low of approximately 5.65% in April 2025, indicating a diminishing share of liquid cash holdings within the total asset base over time.
- Marketable securities
- Marketable securities as a percentage of total assets display an overall increasing trend. Starting at around 19% in April 2019, the value rises steadily across the reported quarters, reaching its highest points above 40% by April 2025. This upward trend suggests a strategic shift towards greater investment in liquid financial instruments relative to total assets.
- Trade and other receivables, net
- The share of trade and other receivables relative to total assets generally fluctuates between approximately 7% and 12%. Periods of decline tend to be followed by partial recoveries, reflecting variability in receivables management or sales on credit. The ratio remains relatively stable without a clear long-term increasing or decreasing trend.
- Deferred costs, current
- The current deferred costs component remains stable around 1.4% of total assets throughout the periods, with minor deviations and slight increases toward the end of the timeline, ultimately reaching around 1.55-1.56%. This suggests consistent capitalization of costs with little volatility relative to asset size.
- Prepaid expenses and other current assets
- This item shows minor fluctuations, mostly ranging between 1.2% and 2.5% of total assets. There is no clear directional trend, although some quarters exhibit slight increases. This stability indicates relatively steady levels of prepaid expenses and other similar current asset items.
- Current assets
- Current assets as a share of total assets oscillate noticeably over time. From approximately 45-50% during 2019 and early 2020, the ratio increases reaching above 60% in several quarters between 2022 and 2024 before decreasing slightly thereafter. This pattern indicates variability in liquidity and short-term resource allocation within the asset structure.
- Property and equipment, net
- There is a gradual declining trend in net property and equipment as a percentage of total assets. Starting near 15% in 2019, the ratio steadily decreases to approximately 6-7% by 2025, implying lower emphasis or reduced investment in fixed tangible assets over time.
- Operating lease right-of-use assets
- The ratio of operating lease right-of-use assets to total assets decreases from about 4.8% in April 2019 to around 2% in 2022, but then shows some increase toward 4% by January 2025. This suggests fluctuations in leased asset utilization, with a recent rise possibly reflecting renewed leasing activities or accounting adjustments.
- Deferred costs, noncurrent
- Noncurrent deferred costs remain relatively stable, typically around 3% of total assets, with slight fluctuations between 2.9% and 3.2%. This steadiness indicates consistent deferred cost recognition and amortization policies.
- Acquisition-related intangible assets, net
- The proportion of acquisition-related intangible assets declines over the examined periods, from approximately 5% at the start to below 2% by 2025. This downward movement likely reflects amortization, impairment, or fewer acquisitions contributing to intangible assets relative to total assets.
- Deferred tax assets
- Deferred tax assets are recorded starting only toward the later years, with values around 5.3% to 6.6% of total assets. The presence and relatively stable proportion in recent years suggest recognition of deferred tax benefits within the asset base.
- Goodwill
- Goodwill’s share of total assets experiences variability but an overall gradual decline. Initially around 23-27%, the percentage decreases to approximately 19% through the later periods. This trend may indicate amortization or impairment of goodwill or relatively slower growth in goodwill compared to total assets.
- Other assets
- The category of other assets maintains a fairly stable proportion, typically around 2% to 3% of total assets, with minor fluctuations up and down. This indicates consistent levels of assets not otherwise classified.
- Noncurrent assets
- Noncurrent assets as a percentage of total assets exhibit a gradual decreasing trend over time. From levels exceeding 54% in 2019 and early 2020, the ratio decreases to approximately 41-42% by 2025, reflecting a potential shift in asset composition favoring current over noncurrent assets.
- Total assets
- Total assets are normalized to 100% for each period, serving as the basis for proportion calculations.