ZILLOW GROUP, INC. ZG Balance Sheet

Zillow group, inc. (ZG)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14
Assets
Current assets:
Cash and cash equivalents
1,567	1,141	1,791	766	736	651	643	431	397	352	319	276	261	243	190	155	232	229	233	302	307	125
Short-term investments
993	1,280	531	673	780	903	999	468	425	410	361	322	297	263	253	264	281	291	303	322	320	246
Accounts receivable, net of allowance for doubtful accounts of $4,495 and $4,522 at March 31, 2020 and December 31, 2019, respectively
71	67	77	82	70	66	66	64	54	54	53	47	41	40	39	35	32	29	33	35	31	18
Mortgage loans held for sale
36	36	36	38	29	35	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Inventory
533	836	879	552	325	162	43	5	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets
57	58	66	62	69	61	38	38	44	24	30	39	29	34	17	15	21	24	25	21	25	10
Restricted cash
56	89	75	43	27	12	3	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Total current assets
3,317	3,510	3,458	2,219	2,039	1,892	1,794	1,007	922	841	764	686	630	582	501	471	566	574	595	682	684	401
Contract cost assets
46	45	46	46	46	45	45	43	42	0	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash
-	-	-	-	-	-	-	-	-	-	1	1	1	-	1	1	1	3	6	6	6	-
Long-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	83
Property and equipment, net
188	170	154	145	142	135	124	118	114	112	110	103	94	98	94	98	92	85	85	81	72	41
Right of use assets
205	212	218	210	102	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
1,984	1,984	1,984	1,984	1,984	1,984	1,931	1,931	1,931	1,931	1,931	1,927	1,927	1,923	1,923	1,919	1,919	1,909	1,909	1,832	1,833	96
Intangible assets, net
112	190	197	202	207	215	290	299	307	319	505	514	525	527	537	539	549	558	563	565	569	26
Other assets
16	18	15	16	16	16	16	26	25	25	27	27	17	17	6	6	5	5	1	1	1	0
Total assets
5,871	6,131	6,075	4,825	4,539	4,291	4,202	3,426	3,344	3,230	3,340	3,260	3,197	3,149	3,064	3,037	3,135	3,135	3,162	3,169	3,168	649
Liabilities and shareholders’ equity
Current liabilities:
Accounts payable
17	8	9	8	7	7	5	5	5	3	4	2	4	4	6	17	4	3	6	11	13	9
Accrued expenses and other current liabilities
88	85	76	68	63	63	58	55	55	61	55	43	43	38	34	48	46	43	67	60	52	16
Accrued compensation and benefits
32	37	33	32	30	31	25	23	22	19	25	24	26	24	24	24	20	11	12	11	16	6
Borrowings under credit facilities
466	721	698	409	246	149	24	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Warehouse lines of credit
-	-	30	30	27	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
35	39	41	37	36	34	35	35	35	31	31	30	30	29	27	25	24	21	19	23	23	15
Accrued restructuring costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	7	-
Deferred rent, current portion
-	-	-	-	0	1	2	2	2	2	1	1	1	1	1	1	1	1	1	1	0	0
Lease liabilities, current portion
20	17	17	18	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Convertible senior notes, current portion
9	9	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total current liabilities
671	920	907	604	430	287	153	123	120	118	118	102	106	97	94	116	97	80	106	112	115	49
Deferred rent, net of current portion
-	-	-	-	0	19	18	18	18	21	17	16	15	15	13	15	13	13	13	13	11	11
Lease liabilities, net of current portion
216	220	223	211	102	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt
1,565	1,543	1,478	716	707	699	690	394	389	385	380	376	371	367	230	230	230	230	230	230	230	-
Deferred tax liabilities and other long-term liabilities
2	12	13	15	15	17	21	36	47	44	134	134	134	136	134	132	132	132	138	143	143	-
Total liabilities
2,455	2,696	2,624	1,547	1,256	1,023	883	572	575	569	651	629	628	616	472	494	473	456	489	499	-	60
Commitments and contingencies (Note 16)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0
Shareholders’ equity:
Preferred stock, $0.0001 par value; 30,000,000 shares authorized; no shares issued and outstanding
0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0
Additional paid-in capital
4,551	4,412	4,327	4,088	4,022	3,939	3,894	3,428	3,340	3,254	3,204	3,155	3,071	3,030	3,065	3,022	2,985	2,956	2,924	2,895	2,853	716
Accumulated other comprehensive income
4	0	0	0	0	-0	-1	-1	-1	-1	-0	-0	-0	-0	0	0	0	-0	0	0	0	-
Accumulated deficit
-1,140	-977	-875	-811	-739	-671	-574	-573	-570	-592	-515	-524	-502	-497	-473	-480	-324	-276	-250	-224	-186	-127
Total shareholders’ equity
3,415	3,435	3,451	3,278	3,283	3,267	3,319	2,853	2,768	2,660	2,688	2,630	2,568	2,533	2,591	2,542	2,661	2,679	2,673	2,670	2,667	588
Total liabilities and shareholders’ equity
5,871	6,131	6,075	4,825	4,539	4,291	4,202	3,426	3,344	3,230	3,340	3,260	3,197	3,149	3,064	3,037	3,135	3,135	3,162	3,169	3,168	649
Class A Common Stock
Common stock/capital stock
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-
Class B Common Stock
Common stock/capital stock
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-
Class C Capital Stock
Common stock/capital stock
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-