What are the pros and cons of this balance sheet?

January 31, 2020 January 31, 2019 S 778,653 976,508 838,743 129,839 99,072 2,822,815 1,876,165 881.220 469,658 73,197 78,223 3,378,463 35,370 110.588 155,471 468,934 267,086 156,928 238,415 1,292,840 88,990 68,093 5,439,471 158,276 91,622 503,388 64,766 37,669 4,500,243 S S (In thousands, except share and per share amounts) Assets Current assets Cash and cash equivalents Investments, current Accounts receivable, net Prepaid expenses and other current assets Deferred commissions, current Total current assets Investments, non-current Accounts receivable, non-current Operating lease right-of-use assets Property and equipment, net Intangible assets, net Goodwill Deferred commissions, non-current Other assets Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Accrued compensation Accrued expenses and other liabilities Deferred revenue, current Total current liabilities Convertible senior notes, net Operating lease liabilities Deferred revenue, non-current Other liabilities, non-current Total non-current liabilities Total liabilities Commitments and contingencies (Notes 3 and 4) Stockholders' equity Preferred stock: 90.001 par value; 20,000,000 shares authorized; no shares issued or outstanding at January 31, 2020 and January 31, 2019 Common stock: $0.001 par value; 1,000,000,000 shares authorized; 157,787,548 shares issued and outstanding at January 31, 2020, and 149,167,298 shares issued and outstanding at January 31, 2019 Accumulated other comprehensive loss Additional paid-in capital Accumulated deficit Total stockholders' equity Total liabilities and stockholders' equity S S 18,938 286,159 177,822 829,377 1,312.29 1,714,630 235,631 176,832 653 2,127,746 3,440,042 20,418 226,061 125.641 673,018 1,045,138 1,634,474 204,929 95.245 1,934,648 2,979,786 157 (5,312) 3,566,055 (1,561,471) 1,999,429 5,439,471 149 (2,506) 2,754,858 (1,232,044) 1,520,457 4,500,243 S S