Stock Analysis on Net

Accenture PLC (NYSE:ACN)

Balance Sheet: Assets 

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.

Accenture PLC, consolidated balance sheet: assets

US$ in thousands

Microsoft Excel LibreOffice Calc
Aug 31, 2021 Aug 31, 2020 Aug 31, 2019 Aug 31, 2018 Aug 31, 2017 Aug 31, 2016
Cash and cash equivalents 8,168,174  8,415,330  6,126,853  5,061,360  4,126,860  4,905,609 
Short-term investments 4,294  94,309  3,313  3,192  3,011  2,875 
Receivables, net of allowance 8,796,992  7,192,110  7,467,338  4,996,454  4,569,214  4,072,180 
Contract assets, current 931,220  654,782  627,733  2,499,914  2,316,043  2,150,219 
Receivables and contract assets 9,728,212  7,846,892  8,095,071  7,496,368  6,885,257  6,222,399 
Other current assets 1,765,831  1,393,225  1,225,364  1,024,639  1,082,161  845,339 
Current assets 19,666,511  17,749,756  15,450,601  13,585,559  12,097,289  11,976,222 
Contract assets, non-current 38,334  43,257  71,002  23,036  40,938  68,145 
Equity method investments 184,157  240,446  108,342  —  —  — 
Investments without readily determinable fair values 145,369  84,068  131,971  —  —  — 
Non-current investments (legacy) —  —  —  215,532  211,610  198,633 
Non-current investments 329,526  324,514  240,313  215,532  211,610  198,633 
Property and equipment, net 1,639,105  1,545,568  1,391,166  1,264,020  1,140,598  956,542 
Operating lease assets 3,182,519  3,183,346  —  —  —  — 
Goodwill 11,125,861  7,709,820  6,205,550  5,383,012  5,002,352  3,609,437 
Deferred contract costs 731,445  723,168  681,492  705,124  755,871  733,219 
Deferred tax assets 4,007,130  4,153,146  4,349,464  2,086,807  2,214,901  2,077,312 
Other non-current assets 2,455,412  1,646,018  1,400,292  1,185,993  1,226,331  989,494 
Non-current assets 23,509,332  19,328,837  14,339,279  10,863,524  10,592,601  8,632,782 
Total assets 43,175,843  37,078,593  29,789,880  24,449,083  22,689,890  20,609,004 

Based on: 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Accenture PLC current assets increased from 2019 to 2020 and from 2020 to 2021.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Accenture PLC property and equipment, net increased from 2019 to 2020 and from 2020 to 2021.
Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Accenture PLC non-current assets increased from 2019 to 2020 and from 2020 to 2021.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Accenture PLC total assets increased from 2019 to 2020 and from 2020 to 2021.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Accenture PLC cash and cash equivalents increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Short-term investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current. Accenture PLC short-term investments increased from 2019 to 2020 but then slightly decreased from 2020 to 2021 not reaching 2019 level.
Receivables, net of allowance Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Accenture PLC receivables, net of allowance decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.