Stock Analysis on Net
Stock Analysis on Net

e.l.f. Beauty, Inc. (NYSE:ELF)

$22.49

This company has been moved to the archive! The financial data has not been updated since August 9, 2024.

Common-Size Balance Sheet: Assets
Quarterly Data

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e.l.f. Beauty, Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 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
Cash and cash equivalents
Accounts receivable, net
Inventory, net
Prepaid expenses and other current assets
Current assets
Property and equipment, net
Intangible assets, net
Goodwill
Other assets
Noncurrent assets
Total assets

Based on: 10-Q (reporting date: 2024-06-30), 10-K (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30).

Cash and Cash Equivalents
Cash and cash equivalents as a percentage of total assets fluctuated over the periods. Starting at 13.93% in June 2019, the percentage decreased notably to a low of 6.7% in December 2021 before rising sharply to peak at 22.46% in September 2023. In the most recent quarters, there is a marked decline again to 9.05% by June 2024. This indicates varying liquidity positions, with notable increases in cash holdings especially during late 2022 through mid-2023.
Accounts Receivable, Net
Accounts receivable as a percentage of total assets generally showed an upward trend from 5.19% in June 2019 to a peak of 13.76% in September 2023. Though there are fluctuations, the overall pattern suggests increasing receivables relative to assets, which may imply growth in sales on credit or changes in collections efficiency near the later periods.
Inventory, Net
Inventory's share of total assets ranged between approximately 10% and 19.7%. After a relatively stable trend around 11-14% through early 2021, it increased sharply to peak at 19.71% in September 2023 before decreasing to 16.56% in June 2024. The rise indicates inventory buildup possibly aligned with sales strategy adjustments or supply chain factors, followed by slight normalization.
Prepaid Expenses and Other Current Assets
This category increased steadily over the periods from 1.56% in June 2019 to a high of 5.97% in March 2023, maintaining around 5% thereafter. The consistent increase suggests greater advances on expenses or other current asset accumulation, contributing positively to current asset compositions.
Current Assets
Current assets as a percentage of total assets showed an overall increasing trend from 32.38% in June 2019 to a peak of 58.3% in September 2023, before declining to 44.03% in June 2024. This trajectory reflects an increasing focus on liquid and near-liquid assets relative to fixed assets through the periods, peaking in late 2023.
Property and Equipment, Net
The proportion of property and equipment steadily declined from 3.78% in June 2019 to around 1.17% in June 2024, indicating either asset disposals, depreciation outpacing acquisitions, or a strategic shift away from fixed assets in the overall asset base.
Intangible Assets, Net
Intangible assets as a percentage of total assets decreased gradually from 21.87% in June 2019 to 9.91% in September 2023, with a temporary rebound to 20.81% in December 2023 before declining again to 18.32% in June 2024. This decrease suggests amortization or impairment over time, with some sporadic valuation adjustments in late 2023.
Goodwill
Goodwill showed a declining trend from 36.07% in June 2019 to 22.98% in September 2023, followed by a rise back up to 30.69% in December 2023 and settling near 28.27% by June 2024. The decline over several years indicates amortization or impairment activities, while the fluctuations in late 2023 may reflect acquisition activities or revaluation.
Other Assets
Other assets as a share of total assets fluctuated moderately between 4.9% and 8.22%. After remaining relatively stable near 6% through much of the period, a notable increase to 7.8% in September 2023 and 8.22% in June 2024 suggests minor reclassifications or accumulation of miscellaneous assets.
Noncurrent Assets
Noncurrent assets as a percentage of total assets showed a general decline from a high of approximately 70.79% in March 2020 to 41.7% in September 2023, with a rebound to 55.97% in June 2024. The decline aligns with the reductions in property, intangible assets, and goodwill proportions, with the later rebound possibly reflecting asset reclassifications or acquisitions in recent quarters.
Total Assets
Total assets remain constant at 100% by definition across all periods, serving as the baseline for the relative percentages reported.