Fair Isaac Corp. (NYSE:FICO)

The financial data over the presented periods reveals several notable trends and shifts in asset composition and liquidity positions.

Cash and Cash Equivalents

There is a generally increasing trend in the proportion of cash and cash equivalents relative to total assets from late 2018 to early 2021, peaking around March and June 2021 at approximately 12.5% to 15%. Post this peak, a moderate decline is observed, with fluctuations yet maintaining a range around 8% to 11% through early 2025.

Accounts Receivable, Net

This item shows variability but generally demonstrates an upward trend over the entire timeline. Beginning at just under 19% in late 2018, it rises with some dips and peaks to over 27% by mid-2024, signifying a growing portion of total assets tied in receivables, potentially reflecting increased sales or credit extension.

Prepaid Expenses and Other Current Assets

The proportion here fluctuates between approximately 1.7% and 4.7%, displaying no significant directional trend but rather short-term variations. Peaks tend to occur sporadically, with some increase noted towards early 2025 at around 3.5% to 4.7%.

Assets Held for Sale

Data appears only for a single quarter with a value of about 3.09%, after which no further entries are provided, suggesting a transient or one-time categorization during that period.

Current Assets

The share of current assets relative to total assets fluctuates moderately but generally trends upward from about 29% at the start of the period to a peak around 39.5% by early 2025. This indicates an increasing emphasis on liquidity or short-term resources over time.

Marketable Securities

This category shows a gradual increase from approximately 1.3% at the end of 2018 to about 2.7% by late 2024, with minor fluctuations, signaling a modest enhancement in liquid investment holdings.

Property and Equipment, Net

This asset class displays a declining trend from 3.6% down to a low around 0.65% by late 2020, followed by a notable recovery from early 2023 onwards rising back over 3% by mid-2025. This pattern could reflect asset disposals or write-downs succeeded by new capital expenditures or reclassifications.

Operating Lease Right-of-Use Assets

Data begins from early 2020, showing a declining trend from about 5.7% to approximately 1.5% by mid-2025. This likely indicates a reduction in leased asset commitments or amortization of lease assets over time.

Goodwill

Goodwill, constituting the largest portion of total assets, decreases steadily from around 61% to roughly 42% by mid-2025. This substantial reduction may be due to impairments, divestitures, or amortization, highlighting significant changes in intangible asset valuation.

Intangible Assets, Net

These assets steadily decline from near 1% down to negligible levels by mid-2023, after which data is unavailable. This suggests either amortization, impairment, or reclassification of intangible assets.

Deferred Income Taxes

A consistent increasing trend characterizes deferred income taxes, growing from about 1.1% in late 2018 to over 5.6% by early 2025. This growth could reflect higher tax asset recognition or timing differences in tax reporting.

Other Assets

Other assets show moderate fluctuations within a narrow band from about 3% up to approximately 7.5%, without a clear long-term directional trend, indicating relative stability in this category.

Non-Current Assets

The proportion of non-current assets tends to decline gradually from over 71% in late 2018 to around 61% by mid-2025, consistent with the observed declines in goodwill and intangible assets and offset by increases in current assets.