Morningstar Inc
NASDAQ:MORN
Balance Sheet
Balance Sheet Decomposition
Morningstar Inc
Current Assets | 815.7m |
Cash & Short-Term Investments | 389m |
Receivables | 386.4m |
Other Current Assets | 40.3m |
Non-Current Assets | 2.6B |
Long-Term Investments | 100.2m |
PP&E | 371.6m |
Intangibles | 2.1B |
Other Non-Current Assets | 52.7m |
Current Liabilities | 880.8m |
Accounts Payable | 78.4m |
Accrued Liabilities | 250.8m |
Other Current Liabilities | 551.6m |
Non-Current Liabilities | 1.2B |
Long-Term Debt | 940.3m |
Other Non-Current Liabilities | 254.5m |
Balance Sheet
Morningstar Inc
Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||
Cash & Cash Equivalents |
185
|
207
|
259
|
308
|
369
|
334
|
423
|
484
|
377
|
338
|
|
Cash Equivalents |
185
|
207
|
259
|
308
|
369
|
334
|
423
|
484
|
377
|
338
|
|
Short-Term Investments |
39
|
42
|
45
|
45
|
27
|
33
|
42
|
62
|
38
|
51
|
|
Total Receivables |
137
|
139
|
146
|
148
|
189
|
212
|
228
|
309
|
349
|
386
|
|
Accounts Receivables |
137
|
139
|
146
|
148
|
187
|
205
|
226
|
300
|
349
|
386
|
|
Other Receivables |
0
|
0
|
0
|
0
|
2
|
6
|
2
|
9
|
0
|
1
|
|
Other Current Assets |
30
|
22
|
22
|
28
|
17
|
24
|
37
|
33
|
48
|
40
|
|
Total Current Assets |
391
|
410
|
472
|
530
|
602
|
603
|
730
|
888
|
811
|
816
|
|
PP&E Net |
118
|
135
|
152
|
147
|
144
|
300
|
303
|
321
|
391
|
372
|
|
PP&E Gross |
118
|
135
|
152
|
147
|
144
|
300
|
303
|
321
|
391
|
372
|
|
Accumulated Depreciation |
133
|
170
|
215
|
285
|
352
|
377
|
452
|
529
|
611
|
714
|
|
Intangible Assets |
96
|
74
|
121
|
95
|
74
|
333
|
380
|
328
|
549
|
484
|
|
Goodwill |
370
|
364
|
557
|
565
|
557
|
1 039
|
1 205
|
1 207
|
1 572
|
1 579
|
|
Note Receivable |
0
|
0
|
0
|
0
|
10
|
14
|
19
|
31
|
35
|
29
|
|
Long-Term Investments |
29
|
36
|
40
|
62
|
63
|
60
|
33
|
63
|
96
|
100
|
|
Other Long-Term Assets |
7
|
11
|
9
|
6
|
5
|
23
|
27
|
25
|
21
|
23
|
|
Other Assets |
370
|
364
|
557
|
565
|
557
|
1 039
|
1 205
|
1 207
|
1 572
|
1 579
|
|
Total Assets |
1 010
N/A
|
1 029
+2%
|
1 351
+31%
|
1 406
+4%
|
1 454
+3%
|
2 371
+63%
|
2 696
+14%
|
2 863
+6%
|
3 475
+21%
|
3 403
-2%
|
|
Liabilities | |||||||||||
Accounts Payable |
34
|
39
|
45
|
49
|
54
|
59
|
65
|
77
|
76
|
78
|
|
Accrued Liabilities |
81
|
81
|
72
|
92
|
110
|
173
|
209
|
310
|
257
|
251
|
|
Short-Term Debt |
30
|
35
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Current Portion of Long-Term Debt |
0
|
0
|
0
|
0
|
0
|
11
|
0
|
0
|
32
|
32
|
|
Other Current Liabilities |
149
|
149
|
179
|
182
|
199
|
253
|
353
|
397
|
517
|
520
|
|
Total Current Liabilities |
294
|
304
|
295
|
323
|
363
|
496
|
627
|
784
|
883
|
881
|
|
Long-Term Debt |
0
|
0
|
250
|
180
|
70
|
502
|
449
|
359
|
1 078
|
940
|
|
Deferred Income Tax |
17
|
20
|
38
|
24
|
22
|
95
|
109
|
102
|
63
|
36
|
|
Minority Interest |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Liabilities |
45
|
64
|
71
|
74
|
64
|
194
|
240
|
202
|
245
|
219
|
|
Total Liabilities |
357
N/A
|
389
+9%
|
654
+68%
|
601
-8%
|
519
-14%
|
1 287
+148%
|
1 425
+11%
|
1 447
+2%
|
2 268
+57%
|
2 076
-8%
|
|
Equity | |||||||||||
Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Retained Earnings |
642
|
739
|
862
|
959
|
1 115
|
1 218
|
1 389
|
1 527
|
1 535
|
1 611
|
|
Additional Paid In Capital |
561
|
576
|
584
|
601
|
622
|
655
|
671
|
689
|
758
|
789
|
|
Unrealized Security Profit/Loss |
0
|
1
|
0
|
1
|
1
|
2
|
4
|
6
|
0
|
0
|
|
Treasury Stock |
524
|
620
|
668
|
708
|
727
|
729
|
767
|
764
|
987
|
986
|
|
Other Equity |
25
|
54
|
81
|
48
|
75
|
63
|
26
|
41
|
99
|
86
|
|
Total Equity |
654
N/A
|
640
-2%
|
697
+9%
|
805
+16%
|
935
+16%
|
1 084
+16%
|
1 271
+17%
|
1 416
+11%
|
1 207
-15%
|
1 328
+10%
|
|
Total Liabilities & Equity |
1 010
N/A
|
1 029
+2%
|
1 351
+31%
|
1 406
+4%
|
1 454
+3%
|
2 371
+63%
|
2 696
+14%
|
2 863
+6%
|
3 475
+21%
|
3 403
-2%
|
|
Shares Outstanding | |||||||||||
Common Shares Outstanding |
44
|
43
|
43
|
43
|
43
|
43
|
43
|
43
|
43
|
43
|