Stock Analysis on Net

Cytokinetics Inc. (NASDAQ:CYTK)

This company has been moved to the archive! The financial data has not been updated since November 3, 2023.

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.

Cytokinetics Inc., consolidated balance sheet: assets (quarterly data)

US$ in thousands

Microsoft Excel
Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Cash and cash equivalents 99,692 68,639 101,616 65,582 106,238 93,631 115,422 112,666 90,562 37,154 44,594 82,985 200,812 61,134 49,776 36,433 39,634 34,361 39,409 42,256 27,624 46,955 115,011
Short-term investments 439,547 497,083 562,346 716,995 761,426 492,395 493,552 358,972 387,074 313,147 380,983 381,075 209,452 151,929 170,930 188,679 126,405 138,507 137,213 156,475 182,686 184,986 136,443
Accounts receivable 2,499 985 1,006 147 2,294 1,973 6,056 51,819 644 2,701 4,514 4,420 4,965 2,254 2,704 5,163 6,576 8,993 4,165 2,231 9,156 236 37
Contract assets 575 2,472 4,554 5,876 10,375 18,550
Prepaid expenses and other current assets 19,678 19,868 15,661 12,462 14,317 14,251 8,496 12,215 16,661 11,227 3,026 5,741 3,183 3,637 2,528 3,477 3,920 2,515 3,141 2,158 1,927 1,677 2,298
Current assets 561,416 586,575 680,629 795,186 884,275 602,250 623,526 535,672 494,941 364,229 433,117 474,221 418,412 218,954 225,938 233,752 176,535 184,951 186,400 207,674 227,269 244,229 272,339
Long-term investments 15,468 26,871 40,406 46,708 28,544 10,668 77,083 152,050 191,295 73,672 34,664 36,954 40,958 16,510 42,650 2,254 4,015
Property and equipment, net 75,614 77,248 78,859 80,453 80,302 78,586 75,740 73,271 53,896 36,942 23,198 13,346 7,667 5,611 5,162 4,530 3,615 2,945 3,175 3,204 2,687 2,598 3,156
Operating lease right-of-use assets 79,929 80,866 81,802 82,737 75,076 72,161 72,646 73,138 80,725 83,006 79,687 2,924
Other assets 8,187 8,339 8,119 9,691 7,764 8,052 7,258 7,188 6,682 6,453 6,396 6,358 7,075 7,930 8,972 8,882 7,243 8,068 9,036 300 323 412 416
Non-current assets 179,198 193,324 209,186 219,589 191,686 169,467 232,727 305,647 332,598 200,073 143,945 59,582 55,700 13,541 30,644 56,062 10,858 13,267 12,211 3,504 3,010 3,010 7,587
Total assets 740,614 779,899 889,815 1,014,775 1,075,961 771,717 856,253 841,319 827,539 564,302 577,062 533,803 474,112 232,495 256,582 289,814 187,393 198,218 198,611 211,178 230,279 247,239 279,926

Based on: 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), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).


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. Cytokinetics Inc. current assets decreased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
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. Cytokinetics Inc. property and equipment, net decreased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
Non-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 after one year or beyond the normal operating cycle, if longer. Cytokinetics Inc. non-current assets decreased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
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. Cytokinetics Inc. total assets decreased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

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. Cytokinetics Inc. cash and cash equivalents decreased from Q1 2023 to Q2 2023 but then increased from Q2 2023 to Q3 2023 not reaching Q1 2023 level.
Short-term investments Amount of investment in marketable security, classified as current. Cytokinetics Inc. short-term investments decreased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
Accounts receivable 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. Cytokinetics Inc. accounts receivable decreased from Q1 2023 to Q2 2023 but then increased from Q2 2023 to Q3 2023 exceeding Q1 2023 level.