Stock Analysis on Net
Stock Analysis on Net

Twitter Inc. (NYSE:TWTR)

$22.49

This company has been moved to the archive! The financial data has not been updated since July 26, 2022.

Common-Size Balance Sheet: Assets

Paying user area

Try for free

Twitter Inc. pages available for free this week:

The data is hidden behind: . Unhide it.

Get access

This is a one-time payment. There is no automatic renewal.

We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Twitter Inc., common-size consolidated balance sheet: assets

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Cash and cash equivalents
Short-term investments
Accounts receivable, net of allowance for doubtful accounts
Prepaid expenses and other current assets
Assets held for sale
Current assets
Property and equipment, net
Operating lease right-of-use assets
Intangible assets, net
Goodwill
Deferred tax assets, net
Other assets
Long-term assets
Total assets

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Cash and Cash Equivalents
The proportion of cash and cash equivalents relative to total assets declined steadily from 22.1% in 2017 to 14.16% in 2019. Following this, a slight recovery occurred, reaching 15.55% by the end of 2021, indicating a moderate stabilization in liquidity reserves.
Short-term Investments
This category represented the largest share of total assets throughout the period, peaking at 42.46% in 2018. After a decrease to 38.1% in 2019, it rose again to 40.99% in 2020 before dropping notably to 29.92% in 2021, suggesting a strategic reduction in short-term investment holdings during the last analyzed year.
Accounts Receivable, Net
Accounts receivable as a percentage of total assets showed a declining trend from 8.96% in 2017 to 6.69% in 2019, followed by a gradual increase reaching 8.66% in 2021. This fluctuation suggests varying credit sales activity and collection efficiency over the years.
Prepaid Expenses and Other Current Assets
The share of prepaid expenses and other current assets decreased sharply from 3.43% in 2017 to near 1% in 2018 and 2019, remaining low until an increase to 1.9% in 2021. This could indicate changes in payment timing or operational prepayments.
Assets Held for Sale
Absent in earlier years, assets held for sale appeared minimally at 0.29% of total assets in 2021, implying a possible divestiture or asset reclassification during that year.
Current Assets
The overall proportion of current assets declined from a high point of 71.8% in 2017 to 56.32% in 2021. This downward trend reflects a shift in asset composition, possibly indicating longer-term investments or capital expenditures gaining relative importance.
Property and Equipment, Net
Property and equipment increased their share consistently from 10.44% in 2017 to 14.81% in 2021. The growth from 8.12% in 2019 to nearly 15% by 2021 highlights a considerable investment in fixed assets.
Operating Lease Right-of-use Assets
First recorded in 2019 at 5.49%, operating lease right-of-use assets grew steadily to 8.5% in 2021, indicating adoption and expansion of lease accounting in compliance with relevant standards.
Intangible Assets, Net
The share of intangible assets remained relatively stable and low, fluctuating narrowly around 0.4% to 0.5%, suggesting minimal acquisition or amortization activities in this category.
Goodwill
Goodwill decreased consistently from 16.04% in 2017 to 9.26% in 2021, indicating possible impairment charges, divestitures, or fewer acquisitions generating goodwill during the period.
Deferred Tax Assets, Net
The proportion of deferred tax assets showed notable volatility, rising sharply to 15.02% in 2019 before declining to 5.95% in 2020 and recovering somewhat to 8.17% in 2021. This fluctuation might reflect changes in tax positioning, adjustments, or asset valuation assumptions.
Other Assets
Other assets remained a minor component but increased steadily from 0.92% in 2017 to 2.45% in 2021, possibly indicating growth in miscellaneous or non-core asset categories.
Long-term Assets
The share of long-term assets increased from 28.2% in 2017 to 43.68% in 2021, reflecting a significant shift toward longer-duration holdings within the asset mix, including property and equipment, operating lease assets, and deferred tax items.
Total Assets
By definition, total assets accounted for 100% each year, serving as the base for all percentage calculations.