Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

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

US$ in millions

	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	1,224)	1,382)	1,494)	1,216)	1,274)	1,428)	1,387)	1,366)	1,470)	1,807)	2,305)	1,814)	1,464)	1,109)	927)	837)	863)	938)	936)	891)	827)	879)	960)
Trade accounts receivable and unbilled services, net	3,227)	3,139)	3,063)	2,917)	2,640)	2,679)	2,619)	2,551)	2,330)	2,276)	2,361)	2,410)	2,414)	2,371)	2,634)	2,582)	2,514)	2,401)	2,461)	2,394)	2,298)	2,172)	2,250)
Prepaid expenses	177)	179)	165)	151)	176)	188)	162)	156)	164)	178)	159)	159)	165)	146)	173)	138)	150)	180)	153)	151)	154)	158)	148)
Income taxes receivable	49)	45)	42)	43)	47)	44)	43)	58)	56)	69)	64)	56)	78)	53)	49)	56)	65)	64)	65)	69)	66)	52)	45)
Investments in debt, equity and other securities	108)	110)	104)	93)	87)	90)	106)	111)	104)	104)	97)	88)	79)	73)	63)	62)	57)	56)	55)	47)	52)	49)	47)
Other current assets and receivables	423)	474)	460)	561)	528)	482)	455)	521)	410)	634)	593)	563)	445)	456)	431)	451)	346)	339)	329)	322)	299)	277)	274)
Current assets	5,208)	5,329)	5,328)	4,981)	4,752)	4,911)	4,772)	4,763)	4,534)	5,068)	5,579)	5,090)	4,645)	4,208)	4,277)	4,126)	3,995)	3,978)	3,999)	3,874)	3,696)	3,587)	3,724)
Property and equipment, net	498)	510)	520)	532)	507)	529)	531)	497)	485)	470)	472)	482)	452)	444)	445)	458)	451)	458)	437)	434)	417)	415)	432)
Operating lease right-of-use assets	292)	319)	325)	331)	333)	370)	407)	406)	404)	430)	437)	471)	490)	502)	489)	496)	490)	498)	517)	—)	—)	—)	—)
Investments in debt, equity and other securities	99)	101)	102)	68)	64)	67)	72)	76)	74)	74)	74)	78)	78)	80)	72)	65)	47)	48)	39)	41)	28)	25)	28)
Investments in unconsolidated affiliates	115)	107)	99)	94)	87)	92)	90)	88)	84)	84)	88)	84)	85)	73)	71)	87)	96)	104)	98)	101)	106)	85)	73)
Goodwill	14,288)	14,178)	14,015)	13,921)	13,177)	13,104)	13,532)	13,301)	13,124)	12,551)	12,415)	12,654)	12,363)	12,133)	11,989)	12,159)	11,919)	11,937)	11,857)	11,800)	11,794)	11,844)	12,041)
Other identifiable intangibles, net	4,907)	4,942)	4,757)	4,820)	4,718)	4,733)	4,917)	4,943)	4,812)	4,770)	4,915)	5,205)	5,222)	5,262)	5,328)	5,514)	5,546)	5,701)	5,811)	5,951)	6,103)	6,297)	6,580)
Deferred income taxes	111)	115)	125)	118)	97)	120)	120)	124)	105)	105)	107)	114)	125)	123)	120)	119)	108)	102)	103)	109)	96)	108)	113)
Deposits and other assets, net	459)	435)	468)	472)	488)	487)	528)	491)	411)	385)	380)	386)	377)	358)	287)	227)	240)	242)	248)	239)	258)	265)	244)
Noncurrent assets	20,769)	20,707)	20,411)	20,356)	19,471)	19,502)	20,197)	19,926)	19,499)	18,869)	18,888)	19,474)	19,192)	18,975)	18,801)	19,125)	18,897)	19,090)	19,110)	18,675)	18,802)	19,039)	19,511)
Total assets	25,977)	26,036)	25,739)	25,337)	24,223)	24,413)	24,969)	24,689)	24,033)	23,937)	24,467)	24,564)	23,837)	23,183)	23,078)	23,251)	22,892)	23,068)	23,109)	22,549)	22,498)	22,626)	23,235)

Cash and Cash Equivalents: The cash and cash equivalents show an overall increasing trend from March 2018 to December 2020, rising from 960 million to 1814 million US dollars. However, after peaking at 2305 million in March 2021, there is a noticeable decline through to September 2023, where the figure stands at 1224 million. This indicates variability with a peak in early 2021 followed by a downward correction.
Trade Accounts Receivable and Unbilled Services, Net: This item exhibits steady growth over the period, increasing from 2250 million in March 2018 to 3227 million in September 2023. There are minor fluctuations, but the general trend is upward, suggesting expanding operational activity or revenue recognition over time.
Prepaid Expenses: The prepaid expenses fluctuate moderately between 138 million and 188 million without a clear long-term trend. The values remain relatively stable, signifying consistent prepayment patterns without significant volatility.
Income Taxes Receivable: Income taxes receivable mostly move within a narrow range between 42 million and 78 million. There is no marked upward or downward trend, with occasional periodic increases and decreases, implying relatively stable tax asset positions.
Investments in Debt, Equity and Other Securities (Current Portion): Current investments gradually grow from 47 million in March 2018 to a peak of 111 million in December 2021, followed by a mild decline to 108 million by September 2023. This reflects a cautious expansion of investment holdings with slight reduction in recent quarters.
Other Current Assets and Receivables: There is a general upward movement in other current assets and receivables, rising from 274 million in March 2018 to a high of 634 million in June 2021. A decline follows, with values fluctuating around 460–560 million in the latter periods, indicating some volatility but maintaining an elevated level compared to earlier years.
Current Assets: Overall current assets display growth from 3724 million in March 2018 to a peak of 5579 million in March 2021. A decline is visible after that, dropping to about 4534 million by September 2021, but values rebound to around 5329 million in June 2023 before tapering slightly. This pattern implies increasing liquidity until early 2021, followed by some normalization.
Property and Equipment, Net: Net property and equipment remain relatively stable, fluctuating between 415 million and 532 million without significant directional change. The steadiness indicates capital expenditure and asset base maintenance rather than aggressive growth or reduction.
Operating Lease Right-Of-Use Assets: Data for operating lease assets begins in 2019, showing a declining trend from 517 million in June 2019 to 292 million in September 2023. This steady decrease reflects ongoing amortization or lease terminations, consistent with standard lease accounting practices.
Investments in Debt, Equity and Other Securities (Noncurrent Portion): Noncurrent investments exhibit modest growth, rising from 28 million in March 2018 to 102 million in March 2023 before slightly decreasing to 99 million by September 2023. This trend suggests a cautious build-up of longer-term investment assets.
Investments in Unconsolidated Affiliates: Investment in affiliates generally increases over the period, moving from 73 million in March 2018 to 115 million in September 2023. This consistent increase may reflect ongoing strategic partnerships or growing stakes in associated entities.
Goodwill: Goodwill exhibits gradual growth from 12,041 million in March 2018 to 14,288 million in September 2023. The slow but steady increase implies continued goodwill recognition, potentially from acquisitions or business combinations.
Other Identifiable Intangibles, Net: Other intangibles demonstrate a declining trend from 6,580 million in March 2018 down to 4,907 million in September 2023. This steady reduction likely indicates amortization or impairment over time.
Deferred Income Taxes: Deferred income taxes remain fairly stable, with values oscillating between 96 million and 125 million throughout the period, without a clear trend, suggesting minimal changes in deferred tax asset or liability balances.
Deposits and Other Assets, Net: Deposits and other noncurrent assets have grown moderately from 244 million in March 2018 to a peak near 528 million in June 2022, followed by a slight decline towards 459 million in September 2023. This reflects gradual asset accumulation with minor recent decreases.
Noncurrent Assets: Noncurrent assets stay relatively stable overall, fluctuating between 18,675 million and 20,707 million, with some periods of growth up to early 2023. The data suggests maintenance of the long-term asset base with periodic fluctuations but no significant surges or contractions.
Total Assets: Total assets display moderate growth from 23,235 million in March 2018 to a peak of 26,036 million in June 2023, followed by a slight dip to 25,977 million in September 2023. This indicates overall expansion in asset size over the nearly six-year period, with small recent leveling off.

Assets: Selected Items

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Current Assets: Selected Items

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IQVIA Holdings Inc. (NYSE:IQV)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data