Common-Size Balance Sheet: Assets
Quarterly Data
Paying user area
Try for free
HP Inc. pages available for free this week:
- Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Solvency Ratios
- Analysis of Short-term (Operating) Activity Ratios
- Capital Asset Pricing Model (CAPM)
- Selected Financial Data since 2005
- Return on Equity (ROE) since 2005
- Return on Assets (ROA) since 2005
- Current Ratio since 2005
- Price to Book Value (P/BV) since 2005
- Price to Sales (P/S) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to HP Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Based on: 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-K (reporting date: 2017-10-31), 10-Q (reporting date: 2017-07-31), 10-Q (reporting date: 2017-04-30), 10-Q (reporting date: 2017-01-31), 10-K (reporting date: 2016-10-31), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-04-30), 10-Q (reporting date: 2016-01-31), 10-K (reporting date: 2015-10-31), 10-Q (reporting date: 2015-07-31), 10-Q (reporting date: 2015-04-30), 10-Q (reporting date: 2015-01-31), 10-K (reporting date: 2014-10-31), 10-Q (reporting date: 2014-07-31), 10-Q (reporting date: 2014-04-30), 10-Q (reporting date: 2014-01-31), 10-K (reporting date: 2013-10-31), 10-Q (reporting date: 2013-07-31), 10-Q (reporting date: 2013-04-30), 10-Q (reporting date: 2013-01-31).
- Cash and Cash Equivalents
- The proportion of cash and cash equivalents relative to total assets experienced fluctuations over the analyzed periods. Initially, it hovered around 11.5% to 12.5%, then showed a significant increase starting January 2014, peaking approximately between 20% and 22% in mid-2016 and early 2017. Following this peak, the ratio declined notably, falling to around 10-15% by mid-2019, indicating a reduction in liquidity or cash holdings relative to assets during the latter phases.
- Accounts Receivable, Net
- Accounts receivable as a percentage of total assets remained relatively stable with minor oscillations. The range stayed mostly between 12% and 16%, with a slight upward trend observed from early 2016 onward. The increase toward mid-2019 suggests a higher proportion of assets tied up in receivables, potentially indicating growth in sales on credit or slower collection.
- Financing Receivables
- This category showed marginal variability, consistently representing approximately 2.6% to 3.1% of total assets through early 2015. Data beyond this point is missing, so no trend can be confirmed post-2015.
- Inventory
- Inventory's percentage of total assets exhibited moderate volatility. From normally steady levels around 5.5% to 6.5%, there was a marked increase starting in early 2016, reaching levels around 15% to nearly 18% by late 2017 and beyond. This upward shift may indicate increased stockpiling of products or raw materials, possibly reflecting changed inventory management or preparation for anticipated demand.
- Other Current Assets
- The share of other current assets fluctuated between approximately 10% and 16%. There was a peak period between late 2016 and early 2018 where the ratio was notably elevated, suggesting augmented current asset components outside cash, receivables, and inventory. After this period, a slight decline was observed by mid-2019.
- Current Assets
- Current assets as a proportion of total assets saw an increase during the period, with a striking jump from about 48% to over 60% beginning in early 2016. Although slight fluctuations occurred afterward, the overall trend indicates a higher concentration of current assets relative to total assets from 2016 onward, implying a more liquid asset structure or potential shifts in working capital components.
- Property, Plant, and Equipment, Net
- The net property, plant, and equipment ratio declined substantially starting in early 2016, dropping from approximately 10.8% to below 6%. This steep decline suggests asset disposals, reclassifications, or impairment, with a modest recovery observed toward mid-2019. Prior to 2016, the ratio maintained a relatively stable level.
- Long-Term Financing Receivables and Other Assets
- Data for long-term financing receivables and other assets is only available up to early 2015, during which the percentage declined gradually from about 9.6% to 8.2%, indicating a slight reduction in these asset categories relative to total assets.
- Goodwill
- Goodwill as a proportion of total assets remained near 29%-30% up to early 2016, after which it declined steadily down to approximately 17% to 20% by mid-2019. This significant reduction may point to asset impairments, divestitures, or adjustments in valuation, reflecting changes in acquisition-related intangible assets.
- Other Non-Current Assets
- Other non-current assets decreased from about 3.9% in early 2013 to below 2% by late 2015. Subsequently, from 2016 onward, there was a sharp increase reaching highs exceeding 15% before decreasing toward 12% by mid-2019. The volatility could signify reclassifications or fluctuations in long-term asset investments or deferred charges.
- Non-Current Assets
- Non-current assets showed a declining trend from over 53% of total assets in early 2013 to approximately 32%-36% between 2016 and 2017. In 2018 and 2019, however, the proportion increased again to around 39%-42%. The initial decline appears driven by reductions in property, plant and equipment, goodwill, and other fixed assets, while the later increase may relate to strategic asset acquisitions or revaluations.
- Total Assets
- Throughout the periods, total assets as a sum remained constant in the context of the percentage breakdown, ensuring all components sum to 100%. The observations reflect relative structural shifts within the asset base rather than absolute asset size changes.