Company name:
Zendesk Inc
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IPO SHARE PRICE:$9.00
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IPO DATE:15 May 2014
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TICKER:ZEN
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MAIN STOCK EXCHANGE:New York Stock Exchange
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CURRENT HQ LOCATION:989 Market Street San Francisco California 94103
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FISCAL YEAR END:December 31
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INCORPORATION JURISDICTION:DE
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ORGANIZED AS THE FOLLOWING LEGAL TYPE:Corporation
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Investor Relations Webpage:Coming soon!
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TAX RATE:USA federal corporate nominal income tax rate is 21%
Short Description
Zendesk Inc
We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com
Balance Sheet
(USD in thousand)
18.8%
26.2%
9.2%
Selected Year:
31-Dec
2020
2020
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
59.1%
26.2% —
Short-term passive investments
18.8% —
Cash and cash equivalents
9.2% —
Accounts Receivable
2.5% —
Prepaid expenses and other current assets
2.4% —
Deferred costs
Liquidity
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The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
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$109,370 | $126,518 | $196,591 | $405,430 | ||||
| Short-term passive investments | 137,576 | 300,213 | 286,958 | 565,593 | ||||
| Accounts Receivable | 57,096 | 85,280 | 127,808 | 199,243 | ||||
| Prepaid expenses and other current assets | 24,165 | 35,873 | 45,847 | 53,829 | ||||
| Deferred costs | 15,771 | 24,712 | 35,619 | 51,878 | ||||
| Total current assets | $343,978 | $572,596 | $692,823 | $1,275,973 |
19.9%
4.4%
3.9%
9.1%
Selected Year:
31-Dec
2020
2020
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
40.9%
19.9% —
Long-term passive investments
9.1% —
Goodwill and intangible assets
4.4% —
Property and equipment net
3.9% —
Right-of-use lease assets
2.4% —
Deferred costs
1.2% —
Other assets non-current
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| Long-term passive investments | 97,447 | 393,671 | 361,948 | 428,678 | ||||
| Property and equipment net | 59,157 | 75,654 | 102,090 | 94,208 | ||||
| Right-of-use lease assets | - | - | 89,983 | 84,013 | ||||
| Deferred costs | 15,395 | 26,914 | 35,230 | 52,731 | ||||
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Goodwill and intangible assets
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67,034 | 146,327 | 206,883 | 196,218 | ||||
| Other assets non-current | - | - | 25,632 | 25,458 | ||||
| Other non-current assets | 8,359 | 22,717 | 25,632 | - | ||||
| Total non-current assets | 247,392 | 665,283 | 821,766 | 881,306 |
| Total assets | $591,370 | $1,237,879 | $1,514,589 | $2,157,279 |
17.6%
4.8%
6.1%
43.4%
4.0%
62.3%
Selected Year:
31-Dec
2020
2020
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
32.1%
17.6% —
Current portion of deferred revenue
6.1% —
Senior convertible notes
4.8% —
Accrued employee compensation and benefits
1.8% —
Accrued liabilities
1.1% —
Current portion of Leases
0.7% —
Accounts payable
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| Accounts payable | $5,307 | $16,820 | $38,376 | $15,428 | ||||
| Accrued employee compensation and benefits | 29,017 | 46,603 | 61,512 | 103,437 | ||||
| Accrued liabilities | 21,876 | 34,097 | 36,347 | 38,921 | ||||
| Current portion of deferred revenue | 173,147 | 245,243 | 320,642 | 378,935 | ||||
| Borrowings under Revolving Credit Facility | - | - | - | - | ||||
| Senior convertible notes | - | - | - | 132,388 | ||||
| Current portion of Capital leases | - | - | - | - | ||||
| Current portion of Leases | - | - | 21,804 | 23,533 | ||||
| Total current liabilities | $229,347 | $342,763 | $478,681 | $692,642 |
Selected Year:
31-Dec
2020
2020
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
47.9%
43.4% —
Senior convertible notes
4.0% —
Leases
0.3% —
Other non-current liabilities
0.2% —
Deferred revenue
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| Deferred revenue | 1,213 | 2,719 | 3,320 | 4,423 | ||||
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Borrowings under Revolving Credit Facility
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- | - | - | - | ||||
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Senior convertible notes
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- | 458,176 | 483,464 | 935,576 | ||||
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Leases
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- | - | 83,478 | 85,275 | ||||
| Other non-current liabilities | 6,626 | 17,300 | 7,662 | 7,532 | ||||
| Total long-term liabilities | $7,839 | $478,195 | $577,924 | $1,032,806 |
| Total Liabilities | $237,186 | $820,958 | $1,056,605 | $1,725,448 |
Selected Year:
31-Dec
2020
2020
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
20.0%
62.3% —
Additional paid-in capital
0.1% —
Accumulated other comprehensive income
0.1% —
Common stock
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Redeemable convertible preferred stock
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- | - | - | - | ||||
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Preferred Stock
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- | - | - | - | ||||
| Common stock | 1,031 | 1,080 | 1,130 | 1,174 | ||||
| Treasury Stock at cost | - | - | - | - | ||||
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Accumulated deficit
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(398,043) | (529,128) | (698,781) | (916,883) | ||||
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Additional paid-in capital
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753,568 | 950,693 | 1,155,044 | 1,344,337 | ||||
| Accumulated other comprehensive income | - | - | 591 | 3,203 | ||||
| Accumulated other comprehensive (loss) income | - | (5,724) | 591 | - | ||||
| Accumulated other comprehensive loss | (2,372) | - | - | - | ||||
| Total Equity | $354,184 | $416,921 | $457,984 | $431,831 |
| Total Liabilities and Equity | $591,370 | $1,237,879 | $1,514,589 | $2,157,279 |