Stock Analysis on Net

Cisco Systems Inc. (NASDAQ:CSCO)

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Cisco Systems Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Jul 27, 2024 Jul 29, 2023 Jul 30, 2022 Jul 31, 2021 Jul 25, 2020 Jul 27, 2019
Cash and cash equivalents 7,508 10,123 7,079 9,175 11,809 11,750
Investments 10,346 16,023 12,188 15,343 17,610 21,663
Accounts receivable, net of allowance 6,685 5,854 6,622 5,766 5,472 5,491
Inventories 3,373 3,644 2,568 1,559 1,282 1,383
Financing receivables, net 3,338 3,352 3,905 4,380 5,051 5,095
Other current assets 5,612 4,352 4,355 2,889 2,349 2,373
Current assets 36,862 43,348 36,717 39,112 43,573 47,755
Property and equipment, net 2,090 2,085 1,997 2,338 2,453 2,789
Financing receivables, net 3,376 3,483 4,009 4,884 5,714 4,958
Goodwill 58,660 38,535 38,304 38,168 33,806 33,529
Purchased intangible assets, net 11,219 1,818 2,569 3,619 1,576 2,201
Deferred tax assets 6,262 6,576 4,449 4,360 3,990 4,065
Other assets 5,944 6,007 5,957 5,016 3,741 2,496
Long-term assets 87,551 58,504 57,285 58,385 51,280 50,038
Total assets 124,413 101,852 94,002 97,497 94,853 97,793

Based on: 10-K (reporting date: 2024-07-27), 10-K (reporting date: 2023-07-29), 10-K (reporting date: 2022-07-30), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-25), 10-K (reporting date: 2019-07-27).


Assets: Selected Items

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. Cisco Systems Inc. current assets increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.
Property 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. Cisco Systems Inc. property and equipment, net increased from 2022 to 2023 and from 2023 to 2024.
Long-term 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. Cisco Systems Inc. long-term assets increased from 2022 to 2023 and from 2023 to 2024.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Cisco Systems Inc. total assets increased from 2022 to 2023 and from 2023 to 2024.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Cisco Systems Inc. cash and cash equivalents increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.
Investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current. Cisco Systems Inc. investments increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.
Accounts receivable, net of allowance Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Cisco Systems Inc. accounts receivable, net of allowance decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Cisco Systems Inc. inventories increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.