Stock Analysis on Net

Applied Materials Inc. (NASDAQ:AMAT)

$24.99

Common-Size Balance Sheet: Assets
Quarterly Data

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Applied Materials Inc., common-size consolidated balance sheet: assets (quarterly data)

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Oct 26, 2025 Jul 27, 2025 Apr 27, 2025 Jan 26, 2025 Oct 27, 2024 Jul 28, 2024 Apr 28, 2024 Jan 28, 2024 Oct 29, 2023 Jul 30, 2023 Apr 30, 2023 Jan 29, 2023 Oct 30, 2022 Jul 31, 2022 May 1, 2022 Jan 30, 2022 Oct 31, 2021 Aug 1, 2021 May 2, 2021 Jan 31, 2021 Oct 25, 2020 Jul 26, 2020 Apr 26, 2020 Jan 26, 2020
Cash and cash equivalents
Short-term investments
Accounts receivable, net
Inventories
Other current assets
Current assets
Long-term investments
Property, plant and equipment, net
Goodwill
Purchased technology and other intangible assets, net
Deferred income taxes and other assets
Non-current assets
Total assets

Based on: 10-K (reporting date: 2025-10-26), 10-Q (reporting date: 2025-07-27), 10-Q (reporting date: 2025-04-27), 10-Q (reporting date: 2025-01-26), 10-K (reporting date: 2024-10-27), 10-Q (reporting date: 2024-07-28), 10-Q (reporting date: 2024-04-28), 10-Q (reporting date: 2024-01-28), 10-K (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-29), 10-K (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-Q (reporting date: 2022-01-30), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-25), 10-Q (reporting date: 2020-07-26), 10-Q (reporting date: 2020-04-26), 10-Q (reporting date: 2020-01-26).


Cash and cash equivalents
The proportion of cash and cash equivalents relative to total assets fluctuated notably over the analyzed periods. Initially, it showed an increasing trend, peaking above 26% early in 2021, followed by a decline reaching a low point around the fourth quarter of 2022. Subsequently, there was a recovery in this ratio, stabilizing between approximately 19% and 25% in the most recent periods, indicating a variable but significant liquidity position.
Short-term investments
This category remained relatively stable in the early periods, hovering around 1.7% to 2.7% of total assets. However, from late 2023 onward, there were marked increases, with the ratio rising to over 5% at times before slightly decreasing again. This suggests intermittent strategic increases and decreases in short-term investment holdings.
Accounts receivable, net
Accounts receivable as a percentage of total assets generally increased from around 13.5% to a peak above 22% during 2022 before trending downward to mid-teens values most recently. This pattern may reflect variations in sales activity or credit policies over time.
Inventories
Inventory levels demonstrated an overall upward trend from roughly 17.5% to over 22% by late 2022, followed by a gradual decline to near 16% in the latest quarters. The initial buildup may indicate stockpiling or increased production, with recent decreases suggesting efforts toward inventory optimization.
Other current assets
This item maintained a relatively narrow range, generally between 2.9% and 5.6% of total assets. Some temporary increases occurred around 2020 and 2022, but the ratio stabilized in later periods, exhibiting minor fluctuations without a clear directional trend.
Current assets overall
The sum of current assets remained stable, fluctuating around 54% to 62% of total assets throughout the timeline. This indicates a consistently strong proportion of assets in liquid or near-liquid form.
Long-term investments
Long-term investments expressed as a percentage of total assets mostly ranged between approximately 6.5% and 10%, with a notable increase after 2023 reaching above 12%, suggesting a strategic emphasis on longer-duration holdings in recent periods.
Property, plant and equipment, net
The share of property, plant, and equipment displayed a persistent increasing trend, advancing steadily from about 7.0% to nearly 13% over the course of the data. This increase indicates ongoing investment in fixed assets or capital expenditures.
Goodwill
Goodwill as a percentage of total assets showed a moderate decreasing trend, falling from over 17% in early 2020 to near 10% by the end of the period. This decline may reflect impairment, divestitures, or changes in acquisition activity.
Purchased technology and other intangible assets, net
This category remained relatively low, fluctuating mostly between 0.4% and 1.3%, with no substantial long-term trend. Occasional increases and decreases suggest periodic adjustments or amortization effects.
Deferred income taxes and other assets
Deferred income taxes and other assets declined gradually from around 11% to approximately 6.5% over the analyzed periods, indicating reductions in these asset types relative to total assets.
Non-current assets overall
The proportion of non-current assets exhibited a decreasing trend in the early years, declining from over 45% to below 38% by 2021, then increasing again to above 42% in the most recent periods. This rebound largely reflects the growth in long-term investments and fixed assets.
Total assets
As expressed in percentages of total assets, all categories consistently sum to 100%, ensuring internal consistency within the asset structure analysis.