Common-Size Balance Sheet: Assets
Quarterly Data
Hewlett Packard Enterprise Co., common-size consolidated balance sheet: assets (quarterly data)
Based on: 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 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).
- Cash and cash equivalents
- The company's cash and cash equivalents as a percentage of total assets demonstrate a fluctuating trend over the observed periods. Starting from 12.45% in January 2018, there was a general decline until reaching a low point around 4.55% in January 2023, with intermittent peaks such as 14.53% in July 2020. The latter part of the timeline shows a slight recovery but remains below the early period levels, indicating variability in liquidity positions.
- Accounts receivable, net of allowances
- Accounts receivable relative to total assets exhibit a modest upward trend, beginning at approximately 5.03% in early 2018 and gradually increasing to around 6.45% by January 2024. There are minor fluctuations during this timeframe, but overall, the ratio indicates a slight growth in credit extended to customers relative to asset size.
- Financing receivables, net of allowances
- This item shows relative stability with minor variation around the 6% to 7% range of total assets. There was a slight increase reaching above 7% in early 2021, followed by a gentle decrease to near 6.11% by April 2024. This suggests consistent financing activity as part of the asset base.
- Inventory
- Inventory as a percentage of total assets reveals a significant increasing trend over time. From a starting point below 4% in early 2018, inventory rose consistently, reaching over 12% by April 2024. This notable increase may reflect higher stock levels or changes in product mix impacting asset allocation.
- Other current assets
- Other current assets show minor fluctuations with no strong directional movement. The ratio oscillated between approximately 4% and 6%, ending slightly higher around 6.6% in April 2024 compared to early years, indicating a stable proportion of miscellaneous current assets within total assets.
- Current assets (aggregate)
- The total current assets proportion fluctuated moderately during the period. Initially near 33%, it experienced declines to below 29% before recovering and peaking near 36% in mid-2020. More recently, current assets stabilized in the low to mid-30% range, reflecting variability in asset liquidity management.
- Property, plant and equipment, net
- This category maintained a relatively stable share of total assets slightly above 10% initially, with a gradual decline observed over the years, reaching just below 10% near the end of the period. The marginal downward trend could suggest disposals, depreciation outpacing additions, or a strategic shift in physical asset investment.
- Long-term financing receivables and other assets
- The percentage of long-term financing receivables and other assets generally decreased from above 22% in early 2018 to near 19.5% by April 2024. Intermediate fluctuations occurred, but the overall pattern indicates a modest reduction in this asset category's share, possibly due to portfolio adjustments or reclassification effects.
- Investments in equity interests
- Investments in equity interests remained relatively stable around the 4% mark of total assets, with minor cyclical variations. The range was narrow, indicating consistent commitment to equity holdings without major strategic shifts during the reporting periods.
- Goodwill
- Goodwill accounted for a substantial portion of the asset base, initially increasing from 28.4% to over 35% between 2018 and 2019, followed by a gradual decrease to slightly above 30% in 2024. This pattern reflects initial acquisition activity followed by amortization, impairment, or divestiture effects reducing goodwill over time.
- Intangible assets, net
- Intangible assets as a percentage of total assets showed a declining trend, dropping from approximately 1.57% in early 2018 to below 1% by April 2024. The reduction indicates amortization exceeding additions or write-downs impacting the intangible asset base.
- Non-current assets (aggregate)
- Non-current assets formed the majority of total assets, fluctuating between roughly 63% and 71% over the analyzed timeframe. A peak near 71.8% occurred in early 2020, followed by a general slight decrease toward the mid-60% range. This suggests some shift in asset structure favoring current assets or disposals among non-current classes.
- Total assets
- Total assets are consistently represented as 100% for reference purposes and show no variation.