ADBE  Adobe Systems Incorporated

Exchange

NASDAQ

Sector

Technology

Industry

Computer Software: Prepackaged Software

Market Cap.

54.47B

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
2006200720082009201020112012201320142015
Cash 2.28B 1.99B 2.02B 1.90B 2.47B 2.91B 3.54B 3.17B 3.74B 3.99B
Current Assets 2.88B 2.57B 2.74B 2.47B 3.22B 3.77B 4.33B 4.05B 4.60B 4.82B
Total Assets 5.96B 5.71B 5.82B 7.28B 8.14B 8.99B 9.97B 10.38B 10.79B 11.73B
Current Liabilities 677.35M 852.41M 762.60M 844.55M 1.07B 1.25B 1.27B 1.53B 2.49B 2.21B
Total Liabilities 810.67M 1.06B 1.41B 2.39B 2.95B 3.21B 3.31B 3.66B 4.01B 4.72B
Stockholder' Equity 5.15B 4.65B 4.41B 4.89B 5.19B 5.78B 6.67B 6.72B 6.78B 7.00B
Current Ratio 4.26 3.02 3.59 2.93 3.01 3.02 3.41 2.65 1.85 2.18
TL-to-TA 0.14 0.19 0.24 0.33 0.36 0.36 0.33 0.35 0.37 0.40

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
2006200720082009201020112012201320142015
Retained Earnings 3.32B 4.04B 4.91B 5.30B 5.98B 6.53B 7.00B 6.93B 6.92B 7.25B
Retained Earnings Growth - 21.82% 21.57% 7.87% 12.85% 9.16% 7.26% -1.06% -0.07% 4.75%