Explain and analyze the horizontal analysis made.
Extracted text: 2019 2020 Assets 78,903,000 76,220,000 72,056,000 Cash & Short Investments 77,021,000 68,109,000 77,120,000 26,107,000 248,357,000 137,332,000 646,648,000 30,824,000 25,290,000 52,593,000 892,687,000 1,141,044,000 Accounts Receivable Inventories Other Current Assets TOTAL CURRENT ASSETS Net Property, Plant & Equipment Total Investments and Advances Long-Term Note Receivable Intangible Assets 27,332,000 254,511,000 143,689,000 684,877,000 51,816,000 24,589,000 60,370,000 965,341,000 1,219,852,000 Other Assets TOTAL LONG-TERM ASSETS TOTAL ASSETS Liabilities ST Debt &Current Portion LT Debt Accounts Payable 49,322,000 85,997,000 3,274,000 86,259,000 82,599,000 2,649,000 68,449,000 Income Tax Payable Other Current Liabilities 58,126,000 196,719,000 TOTAL CURRENT LIABILITIES 239,957,000