Stock Analysis on Net
Stock Analysis on Net

Twitter Inc. (NYSE:TWTR)

$22.49

This company has been moved to the archive! The financial data has not been updated since July 26, 2022.

Balance Sheet: Liabilities and Stockholders’ Equity
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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

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Twitter Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

Microsoft Excel
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 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Accounts payable
Accrued and other current liabilities
Convertible notes, short-term
Operating lease liabilities, short-term
Finance lease liabilities, short-term
Current liabilities
Convertible notes, long-term
Senior notes, long-term
Operating lease liabilities, long-term
Finance lease liabilities, long-term
Deferred and other long-term tax liabilities, net
Other long-term liabilities
Long-term liabilities
Total liabilities
Preferred stock, $0.000005 par value; none issued and outstanding
Common stock, $0.000005 par value
Additional paid-in capital
Treasury stock, at cost
Accumulated other comprehensive loss
Retained earnings (accumulated deficit)
Stockholders’ equity
Total liabilities and stockholders’ equity

Based on: 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), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Accounts Payable
Accounts payable demonstrate a fluctuating pattern, beginning at approximately $86 million and reaching peaks above $325 million in late 2021, before declining toward mid-2022. The variability suggests periodic changes in short-term supplier obligations, likely tied to operational cycles or inventory procurement strategies.
Accrued and Other Current Liabilities
This category shows a steady upward trend from around $322 million at the start to nearly $1.7 billion by December 2021, with a significant peak in early 2022, followed by a decrease. The pronounced increase in late 2021 indicates growing short-term obligations or accrued expenses, possibly due to increased operational activities or delayed payments.
Convertible Notes (Short-Term and Long-Term)
Short-term convertible notes appeared starting late 2018, with values fluctuating around the $900 million mark, whereas long-term convertible notes exhibit a general ascending trend, starting at roughly $1.56 billion in early 2017 and increasing to about $3.56 billion by mid-2022. This reflects a growing reliance on convertible debt financing over the observed periods.
Operating and Finance Lease Liabilities (Short-Term and Long-Term)
Operating lease liabilities (short-term) emerged in 2019 and grew steadily, surpassing $220 million by mid-2022, while long-term operating leases likewise increased significantly from 2019 through 2022, reaching over $1.2 billion. Finance lease liabilities (both short-term and long-term) consistently decreased through the periods, indicating a reduction or restructuring of finance lease obligations.
Current Liabilities
Current liabilities display considerable volatility, with a notable spike around mid to late 2018, aligning with an increase in convertible notes and accrued liabilities. Following these peaks, there is a general reduction through 2019 into 2022, suggesting improved short-term liability management.
Senior Notes, Long-Term
Senior notes show gradual increases from the end of 2019 through mid-2022, rising from approximately $692 million to over $1.68 billion, reflecting additional long-term debt issuance or refinancing activities.
Deferred and Other Long-Term Tax Liabilities
These liabilities have grown progressively over time, roughly doubling during the observed years, indicating increased deferred tax obligations possibly related to temporary differences in asset valuations or tax planning strategies.
Other Long-Term Liabilities
Other long-term liabilities remain relatively stable, with narrow fluctuations but a slight upward trend towards 2022, potentially representing accrued obligations not otherwise categorized.
Total Liabilities
Total liabilities present a steady increase from about $2.2 billion in early 2017 to over $7.6 billion by mid-2021, followed by a decline and stabilization around $7.6 billion in mid-2022. This rise correlates primarily with increases in convertible notes, accrued liabilities, and operating lease liabilities, indicating a higher leverage level.
Stockholders' Equity
Stockholders’ equity generally shows growth from approximately $4.7 billion in early 2017 to peaks above $8.7 billion near the end of 2019, followed by periods of decline and volatility, dropping to roughly $5.9 billion by mid-2022. These fluctuations suggest variations in retained earnings and other comprehensive income impacting overall equity.
Retained Earnings
Retained earnings show consistent negative values throughout, with fluctuations and some improvement during 2019 but mostly deepening deficits towards 2022. This indicates cumulative net losses or dividend distributions surpassing net income over time.
Accumulated Other Comprehensive Loss
Accumulated other comprehensive loss consistently increased over the periods, reaching over $200 million in negative value by mid-2022, signifying ongoing unrealized losses or expenses recorded directly in equity.
Total Liabilities and Stockholders’ Equity
The aggregate of liabilities and equity grows steadily from nearly $6.9 billion in early 2017 to a peak around $15.3 billion by mid-2021, with minor declines afterward, reflecting the company's expanding balance sheet due to increased debt issuance and equity changes.
Additional Observations
Overall, the financial data indicates an increase in leverage through convertible notes and senior debt, a rise in lease obligations consistent with changing accounting standards, and a volatile equity base affected by persistent losses and other comprehensive losses. The company demonstrates active balance sheet management with significant shifts in liability mix and equity components over the examined periods.