Stock Analysis on Net
Stock Analysis on Net

Automatic Data Processing Inc. (NASDAQ:ADP)

This company has been moved to the archive! The financial data has not been updated since April 29, 2022.

Common-Size Balance Sheet: Assets

Automatic Data Processing Inc., common-size consolidated balance sheet: assets

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Jun 30, 2021 Jun 30, 2020 Jun 30, 2019 Jun 30, 2018 Jun 30, 2017 Jun 30, 2016
Cash and cash equivalents 5.28 4.87 4.65 5.85 7.48 7.31
Accounts receivable, net of allowance for doubtful accounts 5.59 6.23 5.82 5.35 4.58 3.99
Other current assets 1.09 1.29 1.24 2.04 2.38 1.66
Current assets before funds held for clients 11.97% 12.40% 11.72% 13.24% 14.44% 12.96%
Funds held for clients 71.57 68.19 70.27 73.17 73.40 77.49
Current assets 83.53% 80.59% 81.99% 86.41% 87.84% 90.45%
Long-term receivables, net of allowance for doubtful accounts 0.02 0.05 0.06 0.07 0.08 0.06
Property, plant and equipment, net 1.40 1.80 1.82 2.14 2.10 1.57
Operating lease right-of-use asset 0.95 1.26 0.00 0.00 0.00 0.00
Deferred contract costs 5.12 6.13 5.80 0.00 0.00 0.00
Other assets 1.69 1.17 2.23 2.94 3.64 2.84
Goodwill 4.79 5.90 5.55 6.05 4.68 3.85
Intangible assets, net 2.48 3.10 2.56 2.39 1.67 1.22
Noncurrent assets 16.47% 19.41% 18.01% 13.59% 12.16% 9.55%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30).

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. Automatic Data Processing Inc. current assets as a percentage of total assets decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
Property, plant and equipment, 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. Automatic Data Processing Inc. property, plant and equipment, net as a percentage of total assets decreased from 2019 to 2020 and from 2020 to 2021.
Noncurrent 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 after one year or beyond the normal operating cycle, if longer. Automatic Data Processing Inc. noncurrent assets as a percentage of total assets increased from 2019 to 2020 but then decreased significantly from 2020 to 2021.