Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data
Fair Isaac Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)
Based on: 10-Q (reporting date: 2025-03-31), 10-Q (reporting date: 2024-12-31), 10-K (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-K (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-K (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-K (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-K (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-K (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31).
- Accounts payable
- The proportion of accounts payable relative to total liabilities and stockholders’ equity remains relatively stable around 1.2% to 1.6%, showing only minor fluctuations. A slight decline is observable in early 2023, but values revert to approximately 1.3% by the end of 2024.
- Accrued compensation and employee benefits
- This category displays a consistent cyclical pattern, fluctuating approximately between 4.0% and 7.4%. Periodic increases are followed by decreases, suggesting possible seasonal or operational cycles influencing employee-related liabilities.
- Other accrued liabilities
- The proportion of other accrued liabilities generally fluctuates between 2.0% and 5.2%, exhibiting some volatility. Notably, there are peaks in late 2020 and early 2021, but values tend to oscillate without a clear long-term trend.
- Deferred revenue
- Deferred revenue remains fairly steady, mostly hovering between 6.3% and 9.7%, with a slight upward trend from 2020 onwards. This indicates a somewhat stable inflow of deferred income, which marginally increased over the observed period.
- Current maturities on debt
- This component shows considerable variability, decreasing from high teens percentages in 2018-2019 down to below 1% in 2024. A sharp drop occurs post-2021, suggesting substantial repayment, refinancing, or reclassification of short-term debt obligations.
- Current liabilities
- Current liabilities as a proportion of total liabilities and equity decline notably from around 33% in 2018-2019 to a range closer to 18-22% in 2024. This pattern aligns with the reduction in current maturities on debt, reflecting a strategic shift or operational improvement in short-term obligations.
- Long-term debt, excluding current maturities
- This liability substantially increases over the period, rising from roughly 45% in 2018 to peaks exceeding 140% by late 2024. The persistent growth indicates increased reliance on long-term financing and could imply leveraged expansion or restructuring of capital structure.
- Non-current operating lease liabilities
- These liabilities decline steadily from above 5% in 2019 to around 1% or less in 2024, suggesting a de-emphasis on operating leases, possibly replaced by other asset management strategies, such as ownership or shorter leases.
- Other liabilities
- Other liabilities range from approximately 2.7% to 5.0%, showing a mild increasing trend, especially towards the later years. This suggests a gradual accumulation of miscellaneous obligations contributing moderately to the total liabilities.
- Non-current liabilities
- Non-current liabilities grow markedly from below 50% in 2018 to over 140% of total liabilities and equity by 2024, driven primarily by the rise in long-term debt. This signifies a structural shift towards longer-term financial commitments contributing the majority of total liabilities.
- Total liabilities
- Total liabilities steadily increase from approximately 80% in 2018 to a peak near 167% in late 2024, evidencing growing leverage. The upward trajectory suggests the company is increasingly financed through liabilities relative to equity.
- Common stock
- The proportion of common stock remains negligible and stable, near 0.01%-0.02%, representing an immaterial portion of the capital structure without significant changes throughout the periods.
- Additional paid-in capital
- This equity component fluctuates between approximately 70% and 90%, showing no clear trend but mild volatility over time. Despite fluctuations, it remains a major component of shareholders’ equity.
- Treasury stock
- Treasury stock percentage shows an increasing negative value, moving from roughly -200% to nearly -370%. This deepening negative balance indicates an expanding repurchase of shares, significantly offsetting equity.
- Retained earnings
- Retained earnings consistently increase from around 130% to approximately 238%, indicating ongoing accumulation of profits or earnings not distributed as dividends, which contributes positively to equity.
- Accumulated other comprehensive loss
- This item remains negative, fluctuating modestly between about -4.2% and -8.7%, reflecting unrealized losses or adjustments that slightly reduce total equity over time.
- Stockholders’ equity (deficit)
- Equity shows a notable decline, turning negative from early 2021 and deteriorating further to nearly -67% by the end of 2024. This corresponds to the rising liabilities and growing treasury stock counterbalancing retained earnings and paid-in capital, indicating financial stress or capital structure challenges.
- Total liabilities and stockholders’ equity (deficit)
- By definition, this is always 100% and serves as the base for all relative measures.