Stock Analysis on Net

Palo Alto Networks Inc. (NASDAQ:PANW)

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.

Palo Alto Networks Inc., consolidated balance sheet: assets (quarterly data)

US$ in thousands

Microsoft Excel
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
Cash and cash equivalents 1,535,200 1,373,700 1,782,500 2,491,400 1,135,300 1,992,900 1,346,300 2,067,200 2,118,500 2,419,900 1,922,700 2,272,900 1,874,200 1,886,100 2,113,200 2,142,000 2,958,000 1,484,700 2,000,000 1,263,700 961,400 1,314,900 1,127,800 1,784,400
Short-term investments 1,043,600 1,516,700 1,588,500 1,402,400 1,254,700 1,965,300 2,000,600 1,736,500 1,516,000 1,454,700 1,417,600 1,188,500 1,026,900 1,059,300 1,058,000 1,075,600 789,800 554,100 1,133,900 1,597,500 1,841,700 1,733,200 1,702,200 1,419,400
Accounts receivable, net of allowance for credit losses 2,618,600 1,715,400 1,896,300 1,413,000 2,463,200 1,443,600 1,278,100 1,238,100 2,142,500 1,240,600 952,200 812,100 1,240,400 766,800 669,200 675,500 1,037,100 668,800 540,300 499,200 582,400 407,500 415,000 382,300
Short-term financing receivables, net 725,900 572,300 445,500 445,900 388,800
Short-term deferred contract costs 369,000 337,000 328,000 328,700 339,200 317,300 313,400 310,600 317,700 286,800 278,100 272,900 276,500
Prepaid expenses and other current assets 557,400 403,700 405,900 396,200 466,800 694,500 467,400 381,100 320,200 295,600 298,000 292,700 229,300 428,700 435,400 407,800 344,300 306,400 304,000 289,400 279,300 261,900 242,500 229,100
Current assets 6,849,700 5,918,800 6,446,700 6,477,600 6,048,000 6,413,600 5,405,800 5,733,500 6,414,900 5,697,600 4,868,600 4,839,100 4,647,300 4,140,900 4,275,800 4,300,900 5,129,200 3,014,000 3,978,200 3,649,800 3,664,800 3,717,500 3,487,500 3,815,200
Property and equipment, net 361,100 350,300 352,300 352,600 354,500 341,700 344,700 353,700 357,800 355,600 362,700 324,300 318,400 322,700 330,700 337,900 348,100 357,200 311,400 316,400 296,000 275,000 273,200 276,500
Operating lease right-of-use assets 385,900 369,700 355,800 274,300 263,300 248,300 251,100 260,400 242,000 239,900 238,800 251,800 262,900 258,700 252,100 251,200 258,700 263,800 270,000 282,600
Long-term investments 4,173,200 3,504,400 3,619,600 2,988,900 3,047,900 2,709,800 2,820,600 2,094,700 1,051,900 714,700 851,000 898,800 888,300 885,400 857,100 873,200 554,400 151,200 317,900 467,600 575,400 669,900 808,600 565,500
Long-term financing receivables, net 1,182,100 882,500 639,900 639,800 653,300
Long-term deferred contract costs 562,000 511,200 504,600 515,400 547,100 503,600 511,300 520,300 550,100 480,300 472,100 476,100 494,600
Goodwill 3,350,100 3,372,700 3,372,700 2,926,800 2,926,800 2,926,800 2,912,300 2,747,700 2,747,700 2,731,300 2,731,300 2,732,300 2,710,100 2,713,100 2,583,500 1,968,600 1,812,900 1,812,900 1,511,700 1,400,400 1,352,300 1,027,300 636,400 636,400
Intangible assets, net 374,900 407,900 440,100 290,500 315,400 340,600 361,700 355,400 384,500 412,100 443,900 471,300 498,600 530,300 541,100 388,800 358,200 380,600 290,000 284,100 280,600 234,200 171,800 186,200
Deferred tax assets 2,399,000 2,291,900 2,234,300
Other assets 352,900 321,400 326,000 342,600 344,800 686,100 555,900 478,100 504,700 468,500 432,100 432,700 421,400 711,000 648,100 605,900 603,900 522,100 504,900 423,900 423,100 337,900 330,000 321,700
Long-term assets 13,141,200 12,012,000 11,845,300 8,330,900 8,453,100 7,756,900 7,757,600 6,810,300 5,838,700 5,402,400 5,531,900 5,587,300 5,594,300 5,421,200 5,212,600 4,425,600 3,936,200 3,487,800 3,205,900 3,175,000 2,927,400 2,544,300 2,220,000 1,986,300
Total assets 19,990,900 17,930,800 18,292,000 14,808,500 14,501,100 14,170,500 13,163,400 12,543,800 12,253,600 11,100,000 10,400,500 10,426,400 10,241,600 9,562,100 9,488,400 8,726,500 9,065,400 6,501,800 7,184,100 6,824,800 6,592,200 6,261,800 5,707,500 5,801,500

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


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. Palo Alto Networks Inc. current assets decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 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. Palo Alto Networks Inc. property and equipment, net decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.
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. Palo Alto Networks Inc. long-term assets increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 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. Palo Alto Networks Inc. total assets decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.

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. Palo Alto Networks Inc. cash and cash equivalents decreased from Q2 2024 to Q3 2024 but then slightly increased from Q3 2024 to Q4 2024.
Short-term investments Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current. Palo Alto Networks Inc. short-term investments decreased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Accounts receivable, net of allowance for credit losses 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. Palo Alto Networks Inc. accounts receivable, net of allowance for credit losses decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.