Company name:

Square Inc

  • IPO SHARE PRICE:
    $9.00
  • IPO DATE:
    19 November 2015
  • TICKER:
    SQ
  • MAIN STOCK EXCHANGE:
    New York Stock Exchange
  • CURRENT HQ LOCATION:
    1455 Market Street Suite 600 San Francisco CA 94103
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Square 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

Quarterly Annual
(USD in thousand)
32.0% 7.0% 10.4% 4.7% 3.9% 20.6%
Selected Year:
31-Dec
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
78.6%
32.0% —

Cash and cash equivalents

20.6% —

Customer funds

10.4% —

Settlements receivable

7.0% —

Short-term passive investments

4.7% —

Loans held for sale

3.9% —

Other short-term assets

Liquidity
Selected Year:
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
Cash and cash equivalents
$45,679
$45,679
$45,679
 $696,474 $583,173 $1,047,118 $3,158,058
Short-term passive investments
-
$45,679
$45,679
 169,576 540,991 492,456 695,112
Restricted cash and cash equivalents
$45,679
$45,679
$45,679
 28,805 - - -
Merchant cash advance receivable net
$45,679
$45,679
-
 - - - -
Settlements receivable
$45,679
$45,679
$45,679
 620,523 364,946 588,692 1,024,895
Loans held for sale
-
$45,679
$45,679
 73,420 89,974 164,834 462,665
Other short-term assets
$45,679
$45,679
$45,679
 86,454 198,804 250,409 383,067
Customer funds
-
$45,679
$45,679
 103,042 334,017 676,292 2,037,832
Total current assets
$45,679
$45,679
$45,679
 $1,778,294 $2,111,905 $3,219,801 $7,761,629
4.7% 4.6% 5.1% 3.2%
Selected Year:
31-Dec
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
21.4%
5.1% —

Other non-current assets

4.7% —

Long-term passive investments

4.6% —

Operating lease - right-of-use assets

3.2% —

Goodwill

2.4% —

Property and equipment net

1.4% —

Acquisition-related intangible assets
Selected Year:
Long-term restricted cash
45,679
45,679
45,679
 9,802 - - -
Long-term passive investments
-
45,679
45,679
 203,667 464,680 537,303 463,950
Property and equipment net
45,679
45,679
45,679
 91,496 142,402 149,194 233,520
Built-to-suit lease asset
-
-
-
 - 149,000 - -
Operating lease - right-of-use assets
-
-
-
 - - 113,148 456,888
Acquisition-related intangible assets
45,679
45,679
45,679
 14,334 77,102 69,079 137,612
Goodwill
45,679
45,679
45,679
 58,327 261,705 266,345 316,701
Other non-current assets
45,679
45,679
45,679
 31,350 74,229 196,388 499,250
Total non-current assets
45,679
45,679
45,679
 408,976 1,169,118 1,331,457 2,107,921
Total assets
45,679
45,679
45,679
 $2,187,270 $3,281,023 $4,551,258 $9,869,550
3.7% 30.5% 4.7% 26.2% 3.9% 29.9%
Selected Year:
31-Dec
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
41.8%
30.5% —

Customers payable

4.7% —

Borrowing from the US Govt under CARES Act - Paycheck Protection Program

3.7% —

Accrued expenses and other current liabilities

2.4% —

Settlements payable

0.5% —

Current portion of Operating leases
Selected Year:
Accounts payable
$45,679
$45,679
$45,679
 - - - -
Customers payable
$45,679
$45,679
$45,679
 733,736 749,215 1,273,135 3,009,051
Settlements payable
-
-
$45,679
 114,788 54,137 95,834 239,362
Accrued expenses
$45,679
$45,679
$45,679
 52,280 - - -
Accrued transaction losses
$45,679
$45,679
$45,679
 26,893 - - -
Accrued expenses and other current liabilities
-
-
-
 - 215,189 297,841 360,850
Borrowing from the US Govt under CARES Act - Paycheck Protection Program
-
-
-
 - - - 464,094
Current portion of Operating leases
-
-
-
 - - 27,275 52,747
Other current liabilities
$45,679
$45,679
$45,679
 45,130 - - -
Customer deposits
-
$45,679
-
 - - - -
Total current liabilities
$45,679
$45,679
$45,679
 $972,827 $1,018,541 $1,694,085 $4,126,104
Selected Year:
31-Dec
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
31.0%
26.2% —

Long-term debt

3.9% —

Operating leases

0.9% —

Other non-current liabilities
Selected Year:
Long-term debt
$45,679
$45,679
$45,679
 358,572 899,695 938,832 2,586,924
Operating leases
-
-
-
 - - 108,830 389,662
Built-to-suit lease liability
-
-
-
 - 149,000 - -
Other non-current liabilities
$45,679
$45,679
$45,679
 69,538 93,286 94,461 85,291
Total long-term liabilities
$45,679
$45,679
$45,679
 $428,110 $1,141,981 $1,142,123 $3,061,877
Total Liabilities
$45,679
$45,679
$45,679
 $1,400,937 $2,160,522 $2,836,208 $7,187,981
Selected Year:
31-Dec
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
27.2%
29.9% —

Additional paid-in capital

0.2% —

Accumulated other comprehensive income
Selected Year:
Preferred Stock
$45,679
$45,679
$45,679
 - - - -
Common stock Class A
-
$45,679
$45,679
 - - - -
Common stock Class B
$45,679
$45,679
$45,679
 - - - -
Accumulated deficit
$45,679
$45,679
$45,679
 (842,735) (885,774) (510,328) (297,223)
Additional paid-in capital
$45,679
$45,679
$45,679
 1,630,386 2,012,328 2,223,749 2,955,464
Accumulated other comprehensive income
-
-
-
 - - 1,629 23,328
Accumulated other comprehensive (loss) income
-
-
-
 - (6,053) 1,629 -
Accumulated other comprehensive loss
$45,679
$45,679
$45,679
 (1,318) - - -
Total Equity
$45,679
$45,679
$45,679
 $786,333 $1,120,501 $1,715,050 $2,681,569
Total Liabilities and Equity
$45,679
$45,679
$45,679
 $2,187,270 $3,281,023 $4,551,258 $9,869,550