Balance Sheet: Assets
Quarterly Data
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.
Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
- Cash and Cash Equivalents
- Cash and equivalents exhibited considerable volatility over the periods. Starting at 8,516 million USD in March 2020, a peak of 14,950 million USD was reached in March 2021. Subsequently, a general downward trend followed with fluctuations, bottoming around 4,749 million USD in December 2022 before recovering partially to 8,593 million USD by December 2024. The variation indicates changes in liquidity possibly influenced by operational and financing activities.
- Receivables, Net
- Receivables showed a steady increase from 10,800 million USD in March 2020 to a high of approximately 14,036 million USD by September 2024, albeit with some fluctuations. This rising trend suggests an expansion in credit sales or billing, possibly reflecting growing customer base or higher sales volumes.
- Other Current Assets
- Other current assets displayed fluctuations, with an initial drop from 4,768 million USD in March 2020 to 3,323 million USD by June 2020, followed by a general recovery and upward movement peaking near 5,818 million USD in December 2024. The variation may be due to changing prepaid expenses, short-term investments, or other miscellaneous assets.
- Current Assets
- Current assets initially rose from 24,084 million USD in March 2020 to nearly 29,438 million USD in March 2021, followed by a decline and some volatility around the 23,000-27,000 million USD range. The current assets’ pattern reflects the combined influences of cash, receivables, and other short-term assets over the period.
- Film and Television Costs
- This asset category remained relatively stable, with values oscillating between approximately 11,622 million USD and 13,340 million USD. The minor fluctuations suggest consistent investments in content production or acquisition over the analyzed periods.
- Investments
- Investments showed minor variability, with values ranging between about 7,080 million USD and 9,726 million USD. The general trend appears to be stable without significant growth or decline, indicating a steady investment portfolio.
- Property and Equipment, Net
- This category exhibited a gradual upward trend, increasing from 48,442 million USD in March 2020 to over 63,292 million USD in December 2024. The consistent growth reflects ongoing capital expenditures or acquisition of property and equipment assets.
- Goodwill
- Goodwill presented a downward trend overall, beginning at 67,218 million USD and decreasing notably to around 56,414 million USD by September 2022, followed by moderate fluctuations hovering around 58,000-60,000 million USD toward the end of the period. This decrease may indicate impairments or sale of businesses.
- Franchise Rights
- Franchise rights remained constant at 59,365 million USD throughout all periods, suggesting no changes or amortization in this intangible asset category.
- Other Intangible Assets, Net
- This asset class declined steadily from 34,672 million USD in March 2020 to 24,943 million USD by March 2025, reflecting ongoing amortization or disposals of intangible assets.
- Intangible Assets, Net
- Combined intangible assets showed a general decreasing trend from 94,037 million USD in March 2020 to 84,308 million USD in March 2025, consistent with the decline in other intangible assets and partial decrease in goodwill.
- Other Noncurrent Assets, Net
- Other noncurrent assets increased overall, from 9,175 million USD to roughly 12,464 million USD by March 2025, with some periodic declines. This suggests accumulation or acquisition of various long-term assets during the period.
- Noncurrent Assets
- Noncurrent assets showed minor fluctuations but maintained a relatively stable level around 237,000 to 249,000 million USD, starting at approximately 238,337 million USD and ending near 240,456 million USD. This stability indicates steady investment in long-term assets with minor adjustments.
- Total Assets
- Total assets increased from 262,421 million USD in March 2020 to a peak of 278,511 million USD in March 2021, then declined and fluctuated between approximately 254,000 and 269,000 million USD through the last periods, ending at around 267,770 million USD in March 2025. This pattern reflects the combined effects of variations in current and long-term assets.