Stock Analysis on Net
Stock Analysis on Net

Autodesk Inc. (NASDAQ:ADSK)

This company has been moved to the archive! The financial data has not been updated since December 3, 2024.

Common-Size Balance Sheet: Assets
Quarterly Data

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

Microsoft Excel
Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018
Cash and cash equivalents 14.18 15.19 17.10 19.09 16.54 18.82 21.05 20.63 19.28 17.50 18.38 17.76 20.50 12.45 12.65 24.34 25.86 25.05 25.07 28.72 18.99 18.96 18.37 18.73 23.20 23.36 27.94
Marketable securities 2.72 3.66 3.13 3.57 4.64 3.94 2.45 1.32 1.61 1.03 0.81 2.74 0.51 0.02 0.00 1.17 1.32 1.39 1.39 1.12 1.36 1.38 1.85 1.43 5.37 7.16 5.11
Accounts receivable, net 6.93 4.04 3.59 8.84 6.28 4.41 3.65 10.18 7.43 5.28 4.65 8.32 6.80 4.82 4.47 8.83 9.09 8.53 6.43 10.56 10.33 7.13 5.58 10.03 8.19 6.12 5.28
Prepaid expenses and other current assets 4.78 4.80 4.76 4.61 4.40 3.80 4.09 3.26 3.96 4.50 4.71 3.30 3.31 3.55 3.51 2.73 3.09 3.38 3.62 2.64 3.22 3.63 3.79 4.06 5.37 5.08 5.07
Current assets 28.61% 27.69% 28.59% 36.11% 31.86% 30.98% 31.24% 35.40% 32.29% 28.31% 28.54% 32.11% 31.12% 20.83% 20.63% 37.08% 39.36% 38.35% 36.51% 43.04% 33.89% 31.10% 29.58% 34.26% 42.13% 41.71% 43.41%
Long-term marketable securities 2.61 2.32 2.42 2.36 2.37 2.40 2.04 1.08 0.43 0.56 0.47 0.53 0.23 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.04 3.34 4.38
Computer equipment, software, furniture and leasehold improvements, net 1.14 1.16 1.19 1.22 1.39 1.49 1.54 1.53 1.73 1.87 1.96 1.89 2.27 2.67 2.70 2.65 3.22 3.09 2.96 2.62 3.01 3.11 3.17 3.17 3.83 3.83 4.04
Operating lease right-of-use assets 1.82 2.06 2.18 2.26 2.57 2.72 2.94 2.60 3.14 3.55 3.67 3.54 4.24 5.18 5.50 5.72 7.17 7.24 7.66 7.10 5.59 6.13 6.44 0.00 0.00 0.00 0.00
Intangible assets, net 5.86 6.11 5.82 4.10 4.45 4.50 4.70 4.31 4.90 5.48 5.80 5.74 5.84 6.89 2.38 1.22 1.10 1.06 1.21 1.15 1.57 1.80 2.00 2.23 0.52 0.62 0.59
Goodwill 42.00 42.70 42.04 36.85 39.06 39.94 39.96 38.41 41.42 43.90 44.09 41.87 41.96 48.00 47.74 37.18 41.79 42.79 43.84 39.57 48.52 49.91 50.87 51.82 43.59 43.27 41.03
Deferred income taxes, net 11.35 11.34 11.45 11.03 12.16 11.84 11.49 10.74 9.68 9.60 9.19 8.61 8.68 9.97 10.19 10.48 0.75 0.90 0.92 0.91 0.79 0.95 1.13 1.38 1.90 2.13 1.71
Long-term other assets 6.61 6.62 6.31 6.07 6.13 6.13 6.09 5.93 6.42 6.72 6.28 5.72 5.67 6.45 10.86 5.67 6.61 6.57 6.90 5.62 6.64 7.00 6.80 7.14 4.98 5.10 4.82
Long-term assets 71.39% 72.31% 71.41% 63.89% 68.14% 69.02% 68.76% 64.60% 67.71% 71.69% 71.46% 67.89% 68.88% 79.17% 79.37% 62.92% 60.64% 61.65% 63.49% 56.96% 66.11% 68.90% 70.42% 65.74% 57.87% 58.29% 56.59%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2024-10-31), 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-K (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30).

The asset composition shows a structural shift from a high concentration of liquid current assets toward a greater weighting of long-term assets. Total current assets as a percentage of total assets decreased from 43.41% in April 2018 to 28.61% by October 2024, while long-term assets rose from 56.59% to 71.39% over the same period.

Liquidity and Cash Management
Cash and cash equivalents have experienced a long-term downward trend, declining from a peak of 27.94% to 14.18%. While there were intermittent periods of recovery, such as a spike to 28.72% in January 2020, the overall trajectory indicates a reduction in the proportion of immediate liquidity held relative to total assets. Marketable securities have remained a minor component, with short-term holdings generally fluctuating between 1% and 7%, and long-term securities stabilizing around 2.6% in recent quarters.
Intangible Assets and Goodwill
Goodwill represents the largest single component of the balance sheet, consistently accounting for a substantial portion of total assets. Although it fluctuated—reaching a peak of 51.82% in January 2019—it has largely stabilized between 36% and 43% in recent years. Net intangible assets, which were negligible in 2018 (below 1%), saw a significant increase starting in 2021 and have since maintained a range between 4% and 6%, suggesting an increase in acquired or developed non-physical assets.
Operational Asset Trends
Accounts receivable exhibit a distinct quarterly cyclicality, typically peaking in the January and October quarters and dipping in April and July. This pattern suggests seasonal fluctuations in billing or collection cycles. Operating lease right-of-use assets, introduced in early 2019 at 6.44%, have steadily declined to 1.82% by October 2024, indicating a reduction in the relative scale of leased obligations.
Deferred Tax Assets
A notable structural change occurred in January 2021, where deferred income taxes, net, jumped from 0.75% to 10.48%. This asset class has since remained elevated, oscillating between 11% and 12% through October 2024, representing a permanent shift in the balance sheet composition compared to the pre-2021 period.

Overall, the transition toward a more asset-heavy long-term structure, characterized by the persistence of high goodwill and the emergence of significant deferred tax assets, indicates a strategic evolution in the asset base, coinciding with a reduction in the relative weight of cash and current liquidity.

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