Stock Analysis on Net
Stock Analysis on Net

Accenture PLC (NYSE:ACN)

Common-Size Balance Sheet: Assets 

Accenture PLC, common-size consolidated balance sheet: assets

Microsoft Excel
Aug 31, 2025 Aug 31, 2024 Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020
Cash and cash equivalents 17.55 8.95 17.65 16.69 18.92 22.70
Short-term investments 0.01 0.01 0.01 0.01 0.01 0.25
Receivables 19.98 21.23 20.86 22.18 20.37 19.40
Contract assets, current 2.94 3.20 3.00 2.73 2.16 1.77
Receivables and contract assets 22.91% 24.43% 23.86% 24.92% 22.53% 21.16%
Other current assets 3.72 3.90 4.11 4.11 4.09 3.76
Current assets 44.19% 37.29% 45.63% 45.72% 45.55% 47.87%
Contract assets, non-current 0.28 0.22 0.21 0.10 0.09 0.12
Equity method investments 0.54 0.23 0.05 0.35 0.43 0.65
Investments without readily determinable fair values 0.56 0.37 0.34 0.33 0.34 0.23
Non-current investments 1.10% 0.60% 0.39% 0.67% 0.76% 0.88%
Property and equipment, net 2.40 2.72 2.99 3.51 3.80 4.17
Operating lease assets 4.19 4.93 5.15 6.39 7.37 8.59
Goodwill 34.46 37.76 30.39 27.79 25.77 20.79
Deferred contract costs 1.57 1.54 1.66 1.71 1.69 1.95
Deferred tax assets 5.80 7.42 8.11 8.47 9.28 11.20
Intangibles 3.69 5.19 4.05 4.09 3.96 2.78
Other non-current assets 2.33 2.34 1.44 1.56 1.72 1.66
Non-current assets 55.81% 62.71% 54.37% 54.28% 54.45% 52.13%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2025-08-31), 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31).

Cash and Cash Equivalents
Cash and cash equivalents as a percentage of total assets show a downward trend from 22.7% in 2020 to a low of 8.95% in 2024, before rising again to 17.55% in 2025. This indicates a general reduction in liquid assets over time, with a partial recovery in the most recent period.
Short-term Investments
Short-term investments remain consistently minimal, around 0.01% to 0.25%, suggesting negligible reliance on or allocation to short-term investment assets.
Receivables and Contract Assets
Receivables have a slight upward trend from 19.4% in 2020 to a peak of 22.18% in 2022 before stabilizing around 20% thereafter. Contract assets, both current and non-current, have shown gradual growth, with current contract assets increasing from 1.77% to 3.2% by 2024 and slightly decreasing in 2025. Combined, these assets increased from 21.16% in 2020 to a high of 24.92% in 2022 and then declined to 22.91% in 2025, indicating an increase in amounts due from customers over this period.
Other Current Assets
Other current assets maintain a relatively stable proportion, fluctuating narrowly between 3.7% and 4.1% of total assets across the years.
Current Assets Overall
Current assets as a whole show a decline from 47.87% in 2020 to 37.29% in 2024, recovering somewhat to 44.19% in 2025. This reduction primarily reflects the decrease in cash and cash equivalents rather than receivables or other current assets, hinting at a shift in asset composition.
Non-current Investments and Assets
Non-current investments saw a decline from 0.88% in 2020 to 0.39% in 2023 but then increased notably to 1.1% by 2025. Within this category, equity method investments decreased until 2023 but partially recovered later, while investments without readily determinable fair values steadily increased. Other non-current assets rose steadily from 1.66% to over 2.3%.
Property, Equipment, and Leases
Property and equipment net values have diminished consistently from 4.17% to 2.4% of total assets, indicating possible asset disposals or depreciation exceeding asset additions. Operating lease assets similarly declined from 8.59% to 4.19%, suggesting reduced leasing activities or asset reclassifications.
Goodwill and Intangibles
Goodwill exhibits a strong upward trend, rising from 20.79% in 2020 to a peak of 37.76% in 2024, followed by a slight reduction to 34.46% in 2025. Intangible assets show a moderate increase, moving from 2.78% to around 5.19% by 2024 before dropping to 3.69%. These trends likely reflect acquisitions, with goodwill growing substantially over the period.
Deferred Assets
Deferred contract costs remain fairly stable with a slight decreasing tendency. Deferred tax assets decreased significantly over time, from 11.2% to 5.8%, indicating changes in tax positions or recognition policies.
Non-current Assets Overall
Total non-current assets increased from 52.13% in 2020 to a peak of 62.71% in 2024 before decreasing to 55.81% in 2025. This change reflects the growth in intangible assets and goodwill, despite reductions in property and lease assets.
Total Asset Composition
The asset composition shows a gradual shift from current to non-current assets through the years, driven mainly by growth in goodwill and intangibles, and a reduction in liquid assets like cash and lease assets. This may suggest a strategic focus on acquisitions and long-term investments over liquid or short-term assets.