Common-Size Balance Sheet: Assets
Quarterly Data
Paying user area
Try for free
ServiceNow Inc. pages available for free this week:
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Common Stock Valuation Ratios
- Dividend Discount Model (DDM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Net Profit Margin since 2012
- Current Ratio since 2012
- Price to Operating Profit (P/OP) since 2012
- Price to Book Value (P/BV) since 2012
- Price to Sales (P/S) since 2012
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to ServiceNow Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
ServiceNow Inc., common-size consolidated balance sheet: assets (quarterly data)
Based on: 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 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).
The composition of assets exhibited notable shifts over the observed period, spanning from March 31, 2021, to December 31, 2025. Current assets initially decreased as a percentage of total assets, then showed some recovery, while long-term assets demonstrated an overall increasing trend. Within both categories, specific line items experienced varying degrees of fluctuation.
- Liquidity and Current Assets
- Current assets, representing a substantial portion of total assets, decreased from 51.28% in March 2021 to a low of 40.06% in September 2023, before recovering to 40.21% in December 2023 and 44.73% in March 2024. This suggests a potential shift in asset allocation towards longer-term investments or a change in working capital management. Cash and cash equivalents experienced a significant decline from 20.64% to 7.37% between March 2021 and September 2023, then increased to 14.31% by December 2025. Accounts receivable, net, fluctuated, peaking at 12.97% in December 2022, but generally remained in the 7-12% range. Prepaid expenses and other current assets showed a consistent upward trend, increasing from 2.06% to 3.73% over the period, indicating a growing investment in these areas.
- Long-Term Investments and Assets
- Long-term assets increased from 48.72% in March 2021 to 59.79% in December 2025. Marketable securities, particularly long-term marketable securities, contributed significantly to this increase, rising from 15.28% to 14.48% initially, then increasing to 20.17% in December 2022, and finally settling at 14.48% in December 2025. Strategic investments appeared in September 2025, representing 6.92% of total assets. Goodwill exhibited a substantial increase from 4.09% in March 2021 to a peak of 13.74% in December 2023, before decreasing to 8.79% in December 2025. Deferred tax assets also showed volatility, peaking at 10.39% in June 2023 before declining to 4.06% in December 2025. Property and equipment, net, and operating lease right-of-use assets both showed a gradual increase over the period, suggesting continued investment in these areas.
- Intangible Assets
- Intangible assets, net, generally decreased as a percentage of total assets, falling from 2.51% in March 2021 to 1.29% in December 2023, then increasing slightly to 4.31% in December 2025. This decrease could be due to amortization or impairment of these assets.
- Deferred Commissions
- Both current and long-term portions of deferred commissions remained relatively stable as a percentage of total assets throughout the period, with minor fluctuations. The combined deferred commissions (current and long-term) remained consistently around 8-10% of total assets.
Overall, the asset composition shifted towards a greater proportion of long-term assets, particularly marketable securities and goodwill, while the proportion of current assets experienced fluctuations. The changes suggest a dynamic asset allocation strategy and potential shifts in the company’s investment priorities and operational needs.