Stock Analysis on Net
Stock Analysis on Net

Adobe Inc. (NASDAQ:ADBE)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Adobe Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Nov 29, 2024 Dec 1, 2023 Dec 2, 2022 Dec 3, 2021 Nov 27, 2020 Nov 29, 2019
Trade payables 1.19 1.05 1.40 1.15 1.26 1.01
Accrued compensation and benefits 2.14 1.80 1.79 1.80 1.54 1.53
Accrued bonuses 1.90 1.84 1.80 1.67 1.36 1.07
Accrued corporate marketing 0.58 0.44 0.57 0.35 0.55 0.39
Derivative collateral liabilities 0.56 0.17 0.00 0.00 0.00 0.00
Refund liabilities 0.47 0.37 0.39 0.47 0.52 0.61
Sales and use taxes 0.40 0.41 0.43 0.44 0.39 0.40
Other 1.68 1.49 1.62 1.64 1.49 2.74
Accrued expenses 7.73% 6.52% 6.59% 6.37% 5.86% 6.74%
Debt, current portion 4.96 0.00 1.84 0.00 0.00 15.17
Deferred revenue 20.28 19.60 19.50 17.37 14.94 16.27
Income taxes payable 0.39 0.29 0.28 0.20 0.26 0.27
Current operating lease liabilities 0.25 0.25 0.32 0.36 0.38 0.00
Current liabilities 34.80% 27.71% 29.92% 25.45% 22.70% 39.45%
Debt, excluding current portion 13.66 12.20 13.36 15.14 16.95 4.76
Deferred revenue 0.42 0.38 0.43 0.53 0.54 0.59
Income taxes payable 1.81 1.73 1.95 1.96 2.18 2.97
Long-term operating lease liabilities 1.17 1.25 1.54 1.66 2.05 0.00
Other liabilities 1.48 1.26 1.08 0.94 0.96 1.51
Long-term liabilities 18.54% 16.82% 18.35% 20.23% 22.68% 9.83%
Total liabilities 53.34% 44.53% 48.28% 45.68% 45.38% 49.28%
Preferred stock, $0.0001 par value; none issued 0.00 0.00 0.00 0.00 0.00 0.00
Common stock, $0.0001 par value 0.00 0.00 0.00 0.00 0.00 0.00
Additional paid-in-capital 44.39 38.91 36.33 30.94 30.30 31.33
Retained earnings 127.26 111.98 104.25 87.75 80.76 71.42
Accumulated other comprehensive loss -0.66 -0.96 -1.08 -0.50 -0.65 -0.91
Treasury stock, at cost -124.32 -94.46 -87.77 -63.87 -55.78 -51.13
Stockholders’ equity 46.66% 55.47% 51.72% 54.32% 54.62% 50.72%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Adobe Inc. current liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Adobe Inc. long-term liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Adobe Inc. total liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Adobe Inc. stockholders’ equity as a percentage of total liabilities and stockholders’ equity increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.