Stock Analysis on Net
Stock Analysis on Net

IQVIA Holdings Inc. (NYSE:IQV)

$22.49

This company has been moved to the archive! The financial data has not been updated since November 1, 2023.

Common-Size Balance Sheet: Assets
Quarterly Data

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IQVIA Holdings Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Sep 30, 2023 Jun 30, 2023 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
Trade accounts receivable and unbilled services, net
Prepaid expenses
Income taxes receivable
Investments in debt, equity and other securities
Other current assets and receivables
Current assets
Property and equipment, net
Operating lease right-of-use assets
Investments in debt, equity and other securities
Investments in unconsolidated affiliates
Goodwill
Other identifiable intangibles, net
Deferred income taxes
Deposits and other assets, net
Noncurrent assets
Total assets

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 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
The proportion of cash and cash equivalents to total assets exhibited a gradual increase from 4.13% in March 2018, peaking at 9.42% in March 2021. Subsequently, this ratio demonstrated a declining trend, falling to 4.71% by September 2023. The peak in early 2021 indicates an accumulation of liquidity during that period, followed by a reduction in more recent quarters.
Trade Accounts Receivable and Unbilled Services, Net
This asset category generally maintained a steady upward trajectory, rising from 9.68% of total assets in March 2018 to 12.42% by September 2023. Despite minor fluctuations, the overall trend reflects a consistent increase in receivables relative to total assets over the observed period, which could suggest growing sales or service provision on credit.
Prepaid Expenses
The prepaid expenses ratio remained relatively stable across quarters, fluctuating modestly around the 0.6% to 0.78% range. There is no strong directional trend, indicating consistency in this component relative to total assets.
Income Taxes Receivable
The portion of income taxes receivable to total assets showed minimal variation over the period, generally staying between 0.16% and 0.33%, with a slight tendency toward a lower ratio in recent years compared to initial periods.
Investments in Debt, Equity, and Other Securities
Two categories of investments in securities are reported. The first category increased from 0.20% in early 2018 to approximately 0.42% by September 2023, showing gradual growth over time. The second category fluctuated, initially increasing to a high of 0.40% in March 2023, before slightly decreasing to 0.38% by September 2023. Overall, investments in securities appear to have moderately increased their share of total assets.
Other Current Assets and Receivables
This category experienced minor fluctuations with a general upward trend until mid-2021, reaching peaks above 2.4%, followed by a decline to around 1.63% by September 2023. This suggests variability and possibly some reclassification or changes in working capital structure during the most recent periods.
Current Assets
The total current assets as a percentage of total assets increased from 16.03% in March 2018 to a high of 22.8% in March 2021. Since then, it stabilized around the 20% level, ending at approximately 20.05% in September 2023. This pattern indicates a significant buildup of current assets over the first three years, with a leveling off in the last two years.
Property and Equipment, Net
This asset class remained quite stable through the period, fluctuating narrowly between 1.83% and 2.17%, suggesting consistent capital expenditures relative to total assets without major expansions or impairments.
Operating Lease Right-of-Use Assets
Data on operating lease right-of-use assets initiated in late 2018 and showed a consistent decline from 2.24% to 1.12% by September 2023. This downward trend could reflect lease terminations, adjustments in lease accounting, or a shift in leasing strategy.
Investments in Unconsolidated Affiliates
This component demonstrated a slight upward trend, moving from 0.31% in March 2018 to 0.44% in September 2023, indicating gradual increases in investments in affiliates over time.
Goodwill
Goodwill constituted the largest portion of total assets, maintaining levels generally above 50%. It oscillated during the period, rising from 51.82% in early 2018 to a peak of 55% in September 2023. This increase suggests ongoing acquisitions or asset revaluations contributing to intangible asset growth.
Other Identifiable Intangibles, Net
Other intangible assets showed a consistent declining trend, decreasing from 28.32% in March 2018 to 18.89% by September 2023. This decline signals amortization or disposals surpassing new additions in intangible assets over the period.
Deferred Income Taxes
The ratio of deferred income taxes relative to total assets remained fairly stable, fluctuating modestly between 0.40% and 0.53%. There was no clear directional trend over time.
Deposits and Other Assets, Net
This asset category increased from 1.05% to a peak near 2.11% in early 2022, then declined slightly thereafter to around 1.77% by September 2023. The trend indicates some growth in noncurrent assets outside primary categories, followed by a moderate contraction.
Noncurrent Assets
The overall proportion of noncurrent assets decreased marginally from 83.97% in March 2018 to about 79.95% in September 2023. Despite some variation across quarters, this decline reveals a subtle shift towards a higher proportion of current assets within the asset base.