Stock Analysis on Net
Stock Analysis on Net

Fidelity National Information Services Inc. (NYSE:FIS)

$22.49

This company has been moved to the archive! The financial data has not been updated since May 2, 2023.

Common-Size Balance Sheet: Assets
Quarterly Data

Paying user area

Try for free

Fidelity National Information Services Inc. pages available for free this week:

The data is hidden behind: . Unhide it.

  • Get full access to the entire website from $10.42/mo, or

  • get 1-month access to Fidelity National Information Services Inc. for $22.49.

Get access

This is a one-time payment. There is no automatic renewal.

We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Fidelity National Information Services Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Cash and cash equivalents
Settlement deposits and merchant float
Settlement receivables
Settlement assets
Trade receivables, net of allowance for credit losses
Other receivables
Prepaid expenses and other current assets
Assets held for sale
Current assets
Property and equipment, net
Goodwill
Intangible assets, net
Software, net
Other noncurrent assets
Deferred contract costs, net
Noncurrent assets
Total assets

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Cash and Cash Equivalents
Cash and cash equivalents as a percentage of total assets generally fluctuated within a narrow range from 2018 through early 2023, mostly between 1.2% and 3.5%. A notable spike occurred in June 2019, jumping sharply to 29.69%, followed by rapid normalization to prior levels. In the most recent periods, an upward trend is observable, with the ratio increasing from around 1.7% in late 2021 to over 3% in early 2023.
Settlement Deposits and Merchant Float
These assets tended to vary moderately across the periods, ranging between approximately 1.6% to nearly 5% of total assets. Starting from a lower base of about 2.4% in early 2018, the metric showed some volatility, peaking around 4.9% by March 2023, suggesting a gradual increase in the relative proportion of these assets over time.
Settlement Receivables
Settlement receivables displayed fluctuations with an initial decline from 1.4% in early 2018 to below 1% during 2019. However, a continuous increase is evident from 2021 onward, surging to 4.33% in March 2023, representing a substantial rise in this asset class's share of total assets.
Settlement Assets
Settlement assets showed moderate variability, hovering roughly between 3.3% and 5.5% over most periods. A significant jump occurred in the first quarter of 2023, reaching a peak of 9.25%, before slightly retracting, indicating an increased allocation to settlement assets during the latest quarter.
Trade Receivables, Net
The percentage of trade receivables relative to total assets declined markedly mid-period, dropping from over 6% in early 2018 to below 4% in late 2019 and early 2020. From 2021 onward, there was a moderate upward trend, culminating in approximately 5.7% by March 2023, somewhat recovering previous declines.
Other Receivables
Other receivables remained relatively stable, fluctuating narrowly between 0.3% and 0.8%, with some minor increases in early 2023, reaching around 0.8% of total assets.
Prepaid Expenses and Other Current Assets
This category displayed variability, mostly within the range of 0.5% to 1.7%. There was a noticeable dip in mid-2019 to below 0.6%, followed by small recovering fluctuations, with a modest rise observed again in early 2023 to around 1.16%.
Assets Held for Sale
Data for assets held for sale was sparse, appearing only once at 0.22% in third quarter 2018, indicating a negligible and infrequent presence.
Current Assets
The proportion of current assets saw a remarkable spike in June 2019, surging to 38.06%, sharply above historical levels near 15%. This peak was temporary, with a return to a range of approximately 10% to 13% thereafter. By March 2023, current assets rose significantly again, reaching nearly 18%, suggesting increased liquidity or short-term asset holdings recently.
Property and Equipment, Net
Property and equipment as a share of total assets gradually decreased from around 2.4% in early 2018 to about 1.0% by late 2019 and 2020. A slight uptrend emerged post-2020, slowly reaching approximately 1.37% in early 2023, indicating modest increases in tangible fixed assets.
Goodwill
Goodwill represented the largest asset category, consistently exceeding 54% across all periods. It showed a dip during mid-2019 (around 41%) but quickly rebounded and stabilized mostly between 62% and 65% through 2021 and 2022. A decline occurred in late 2022 and early 2023, dropping closer to mid-50% levels, reflecting potential impairments, disposals, or balance sheet restructuring.
Intangible Assets, Net
The intangible asset ratio declined from over 15% at the start of the period to below 12% in late 2022, with a slight rebound to approximately 14% in early 2023. This represents a gradual reduction in intangible assets' proportion, possibly due to amortization or asset reclassification.
Software, Net
Software assets exhibited a downward trend from a high of 7.13% in 2018 to around 3.6%-4% between 2019 and early 2022. Notably, a renewed increase was recorded by early 2023, reaching above 5%, indicating investment or capitalization of software assets more recently.
Other Noncurrent Assets
This category fluctuated modestly, predominantly between 2% and 3.3%. A temporary elevation was observed around 2018-2019, followed by generally stable levels thereafter and a slight uptick again entering 2023.
Deferred Contract Costs, Net
Deferred contract costs increased steadily from about 1.6% in 2018 to nearly 1.8% in 2023, demonstrating a gradual rise in capitalized contract-related expenses over the analyzed timeline.
Noncurrent Assets
Noncurrent assets constituted the majority portion of total assets, ranging mostly between 84% and 89% through 2018 to 2022. A substantial decrease to around 62% was seen in mid-2019, coinciding with the earlier reported surge in current assets during the same period. By early 2023, noncurrent assets rose again but still remained lower compared to earlier years, around 82%.
Total Assets
Total assets were consistently used as the base (100%) for all other ratios, establishing the framework for relative analysis.