ADBE  Adobe Systems Incorporated

Exchange

NASDAQ

Sector

Technology

Industry

Computer Software: Prepackaged Software

Market Cap.

86.58B

Strong Balance Sheet

ADBE is financially strong with Current Assets covering Total Liabilities. It's in a fairly liquid position and dependent on the amount and saleability of any inventory; it may have the financial security to survive an economic downturn.
Figures in USD. Fiscal year ends in November
2007200820092010201120122013201420152016
Cash 1.99B 2.02B 1.90B 2.47B 2.91B 3.54B 3.17B 3.74B 3.99B 4.76B
Current Assets 2.57B 2.74B 2.47B 3.22B 3.77B 4.33B 4.05B 4.60B 4.82B 5.84B
Total Assets 5.71B 5.82B 7.28B 8.14B 8.99B 9.97B 10.38B 10.79B 11.73B 12.71B
Current Liabilities 852.41M 762.60M 844.55M 1.07B 1.25B 1.27B 1.53B 2.49B 2.21B 2.81B
Total Liabilities 1.06B 1.41B 2.39B 2.95B 3.21B 3.31B 3.66B 4.01B 4.72B 5.28B
Stockholder' Equity 4.65B 4.41B 4.89B 5.19B 5.78B 6.67B 6.72B 6.78B 7.00B 7.42B
Current Ratio 3.02 3.59 2.93 3.01 3.02 3.41 2.65 1.85 2.18 2.08
TL-to-TA 0.19 0.24 0.33 0.36 0.36 0.33 0.35 0.37 0.40 0.42

Consistent Reinvestment of Profits over the past 10 years

ADBE has consistently retained profits. This may put ADBE in a strong position to invest for the future, by buying new machinery, investing in R&D or a number of other options. By effectively using these earnings, ADBE can greatly improve their long-term economic picture.
Figures in USD. Fiscal year ends in November
2007200820092010201120122013201420152016
Retained Earnings 4.04B 4.91B 5.30B 5.98B 6.53B 7.00B 6.93B 6.92B 7.25B 8.11B
Retained Earnings Growth - 21.57% 7.87% 12.85% 9.16% 7.26% -1.06% -0.07% 4.75% 11.87%