Stock Analysis on Net

Synopsys Inc. (NASDAQ:SNPS)

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.

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

US$ in thousands

Microsoft Excel
Apr 30, 2025 Jan 31, 2025 Oct 31, 2024 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
Cash and cash equivalents 14,119,095 3,653,880 3,896,532 1,839,815 1,502,920 1,118,944 1,438,913 1,686,144 1,544,592 1,154,873 1,417,608 1,383,559 1,573,620 1,124,299 1,432,840 1,385,395 1,457,918 1,023,074 1,235,653 1,049,922 856,424 700,356 728,597 686,780 631,161 592,305
Short-term investments 144,816 155,489 153,869 154,431 156,780 154,490 151,639 148,443 150,846 147,050 147,913 147,599 146,901 147,748 147,949 144,773
Cash, cash equivalents and short-term investments 14,263,911 3,809,369 4,050,401 1,994,246 1,659,700 1,273,434 1,590,552 1,834,587 1,695,438 1,301,923 1,565,521 1,531,158 1,720,521 1,272,047 1,580,789 1,530,168 1,457,918 1,023,074 1,235,653 1,049,922 856,424 700,356 728,597 686,780 631,161 592,305
Accounts receivable, net 1,002,195 892,647 934,470 805,198 834,918 1,064,135 946,967 666,577 779,892 1,035,323 796,091 682,647 722,992 1,038,749 568,501 577,845 612,285 789,320 780,709 638,489 634,807 799,078 553,895 457,390 526,691 762,292
Inventories 395,339 415,199 361,849 386,009 377,875 382,727 325,590 282,791 256,426 220,881 211,927 219,736 213,532 212,919 229,023 241,103 230,068 230,907 192,333 159,813 166,437 148,057 141,518 155,108 166,329 137,559
Prepaid and other current assets 1,217,584 1,206,401 1,122,946 914,598 760,269 687,632 567,515 484,357 429,179 470,272 439,130 465,487 417,201 423,782 430,028 414,860 389,529 354,423 340,522 337,791 303,087 303,938 314,907 318,367 319,702 305,474
Current assets held for sale 1,027,702 1,020,358
Current assets 16,879,029 6,323,616 6,469,666 5,127,753 4,653,120 3,407,928 3,430,624 3,268,312 3,160,935 3,028,399 3,012,669 2,899,028 3,074,246 2,947,497 2,808,341 2,763,976 2,689,800 2,397,724 2,549,217 2,186,015 1,960,755 1,951,429 1,738,917 1,617,645 1,643,883 1,797,630
Property and equipment, net 571,982 546,406 563,006 571,408 566,832 567,038 557,261 535,973 546,439 516,925 483,300 486,872 491,641 477,521 472,398 470,129 478,975 486,604 483,818 484,529 470,412 457,527 429,532 372,566 344,176 317,896
Operating lease right-of-use assets, net 585,704 545,867 565,917 556,593 528,011 551,452 568,829 574,727 576,727 586,892 559,090 574,501 585,108 481,526 493,251 493,899 505,225 462,136 465,818 472,244 462,778 460,137
Goodwill 3,461,272 3,433,369 3,448,850 3,444,349 3,427,424 4,131,418 4,070,336 3,887,860 3,888,249 3,864,833 3,842,234 3,854,889 3,616,133 3,592,788 3,575,785 3,485,181 3,432,577 3,433,003 3,365,114 3,356,407 3,311,243 3,231,592 3,171,179 3,143,056 3,143,795 3,145,700
Intangible assets, net 173,394 180,950 195,164 266,092 276,877 377,415 374,194 336,723 357,113 361,154 386,446 404,652 333,321 260,810 279,132 249,974 233,809 254,375 254,322 275,338 279,311 282,145 279,374 283,305 306,927 332,187
Deferred income taxes 1,509,159 1,393,044 1,247,258 1,102,716 1,004,660 954,495 860,914 813,810 774,391 719,082 670,653 617,429 605,785 628,879 612,655 527,753 514,064 522,871 497,546 463,894 430,105 407,482 390,129 339,354 352,667 337,824
Other long-term assets 575,977 617,837 583,700 579,773 554,913 568,513 470,973 505,826 486,878 488,339 463,695 492,176 504,147 512,325 510,698 494,994 485,115 456,125 414,227 424,823 407,862 412,591 396,029 397,482 402,775 413,249
Long-term assets 6,877,488 6,717,473 6,603,895 6,520,931 6,358,717 7,150,331 6,902,507 6,654,919 6,629,797 6,537,225 6,405,418 6,430,519 6,136,135 5,953,849 5,943,919 5,721,930 5,649,765 5,615,114 5,480,845 5,477,235 5,361,711 5,251,474 4,666,243 4,535,763 4,550,340 4,546,856
Total assets 23,756,517 13,041,089 13,073,561 11,648,684 11,011,837 10,558,259 10,333,131 9,923,231 9,790,732 9,565,624 9,418,087 9,329,547 9,210,381 8,901,346 8,752,260 8,485,906 8,339,565 8,012,838 8,030,062 7,663,250 7,322,466 7,202,903 6,405,160 6,153,408 6,194,223 6,344,486

Based on: 10-Q (reporting date: 2025-04-30), 10-Q (reporting date: 2025-01-31), 10-K (reporting date: 2024-10-31), 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-Q (reporting date: 2024-01-31), 10-K (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-K (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-K (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31).


The analyzed financial data reveals notable trends across various asset categories over the observed periods.

Cash and Cash Equivalents
The cash and cash equivalents balance exhibited significant growth overall, starting at approximately 592 million USD in early 2019 and reaching over 14 billion USD by early 2025. The increase was particularly sharp from early 2024 onwards, indicating substantial liquidity accumulation or cash inflows during that recent period.
Short-term Investments
Short-term investments appeared only from early 2021 onward, maintaining a relatively stable range between approximately 145 million USD and 157 million USD. Their consistent level suggests a steady position in liquid investment instruments complementing cash holdings.
Combined Cash, Cash Equivalents, and Short-term Investments
When combined, these liquid assets showed steady growth from early 2019 through 2023, followed by an extraordinary increase in 2024 and early 2025, driven mainly by the substantial rise in cash and equivalents. This pattern underscores an emphasis on liquidity and near-cash assets in recent periods.
Accounts Receivable, Net
Accounts receivable displayed fluctuations with no clear long-term directional trend. Initial levels around 762 million USD in early 2019 dropped sharply by mid-2019, then experienced periods of recovery and decline. The values ranged broadly between approximately 457 million USD and 1.03 billion USD, with peaks often aligning with fiscal quarters at the beginning of each year, suggesting seasonality or billing cycle effects.
Inventories
Inventory levels showed a general upward trajectory over the entire duration, increasing from roughly 138 million USD to over 415 million USD. Notable acceleration occurred from early 2021 through 2024, possibly indicating increased stockpiling or growth in operations requiring more raw materials or finished goods on hand.
Prepaid and Other Current Assets
Prepaid and other current assets steadily increased from approximately 305 million USD to over 1.2 billion USD, reflecting ongoing expansion in prepaid expenses or other short-term asset categories contributing to current asset growth.
Current Assets Held for Sale
Values for current assets held for sale appear only in the latest few quarters, ranging just over 1 billion USD. This reveals a recent decision to divest or dispose of specific asset groups categorized separately from operational assets.
Total Current Assets
Overall, current assets rose from about 1.8 billion USD in early 2019 to nearly 17 billion USD by early 2025, with a marked increase coinciding with the surge in cash equivalents and current assets held for sale in the latest quarters.
Property and Equipment, Net
Property and equipment balances grew moderately, from roughly 318 million USD to approximately 572 million USD, experiencing gradual increases but relatively stable values in recent years. This suggests measured capital investment in fixed assets.
Operating Lease Right-of-Use Assets
These assets were first reported from early 2020 and remained within a range from about 460 million USD to 586 million USD, indicating consistent lease obligations associated with property or equipment usage.
Goodwill
Goodwill showed an upward trend from around 3.15 billion USD to over 4 billion USD by early 2023, followed by a decrease to approximately 3.43 billion USD in mid-2024 with a slight recovery thereafter. This fluctuation may reflect acquisition activity followed by impairment or revaluation adjustments.
Intangible Assets, Net
The intangible assets balance declined over the analyzed timeframe from approximately 332 million USD down to around 173 million USD, with some episodic increases but an overall downward trajectory, potentially reflecting amortization or impairment of intangible assets.
Deferred Income Taxes
Deferred income taxes increased steadily from roughly 338 million USD in early 2019 to over 1.5 billion USD by early 2025, indicating rising temporary differences or increased tax liabilities deferred over time.
Other Long-Term Assets
These assets mostly remained stable, fluctuating around the 400 to 600 million USD range, showing no significant growth trend, which suggests limited changes in other investments or non-current receivables.
Total Long-Term Assets
The total long-term assets increased from approximately 4.55 billion USD in early 2019 to nearly 6.9 billion USD in early 2025, driven by rises in goodwill, deferred taxes, and property-related assets but moderated by reductions in intangible assets.
Total Assets
Total assets experienced steady growth from around 6.34 billion USD to over 23.75 billion USD throughout the period. The strongest acceleration is observed in the final two years, particularly due to surges in current assets, reflecting enhanced liquidity, and recently recorded assets held for sale.

Assets: Selected Items


Current Assets: Selected Items