Stock Analysis on Net

Visa Inc. (NYSE:V)

Balance Sheet: Assets 

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.

Visa Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel LibreOffice Calc
Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017 Sep 30, 2016
Cash and cash equivalents 16,487  16,289  7,838  8,162  9,874  5,619 
Restricted cash equivalents, U.S. litigation escrow 894  901  1,205  1,491  1,031  1,027 
Investment securities 2,025  3,752  4,236  3,547  3,564  3,319 
Settlement receivable 1,758  1,264  3,048  1,582  1,422  1,467 
Accounts receivable 1,968  1,618  1,542  1,208  1,132  1,041 
Customer collateral 2,260  1,850  1,648  1,324  1,106  1,001 
Current portion of client incentives 1,359  1,214  741  340  344  284 
Prepaid expenses and other current assets 856  757  712  562  550  555 
Current assets 27,607  27,645  20,970  18,216  19,023  14,313 
Investment securities 1,705  231  2,157  4,082  1,926  3,931 
Client incentives 3,245  3,175  2,084  538  591  448 
Property, equipment and technology, net 2,715  2,737  2,695  2,472  2,253  2,150 
Goodwill 15,958  15,910  15,656  15,194  15,110  15,066 
Intangible assets, net 27,664  27,808  26,780  27,558  27,848  27,234 
Other assets 4,002  3,413  2,232  1,165  1,226  893 
Non-current asset 55,289  53,274  51,604  51,009  48,954  49,722 
Total assets 82,896  80,919  72,574  69,225  67,977  64,035 

Based on: 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Visa Inc. current assets increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Property, equipment and technology, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Visa Inc. property, equipment and technology, net increased from 2019 to 2020 but then slightly decreased from 2020 to 2021 not reaching 2019 level.
Non-current asset Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Visa Inc. non-current asset increased from 2019 to 2020 and from 2020 to 2021.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Visa Inc. total assets increased from 2019 to 2020 and from 2020 to 2021.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Visa Inc. cash and cash equivalents increased from 2019 to 2020 and from 2020 to 2021.
Investment securities Amount of investment in marketable security, classified as current. Visa Inc. investment securities decreased from 2019 to 2020 and from 2020 to 2021.
Accounts receivable Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Visa Inc. accounts receivable increased from 2019 to 2020 and from 2020 to 2021.