AbbVie (ABBV) - Net assets

Net assets on the balance sheet as of September 2024 : A$9.58 Billion

According to AbbVie's latest financial reports the company has A$9.58 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

AbbVie - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$15.26 B	-39.93%
2022-12-31	$A$25.40 B	19.31%
2021-12-31	$A$21.29 B	25%
2020-12-31	$A$17.03 B	-245.93%
2019-12-31	$-A$11.68 Billion	-2.65%
2018-12-31	$-A$11.99 Billion	-283.64%
2017-12-31	$A$6.52 B	1.51%
2016-12-31	$A$6.43 B	18.77%
2015-12-31	$A$5.41 B	154.41%
2014-12-31	$A$2.12 B	-57.73%
2013-12-31	$A$5.03 B	55.62%
2012-12-31	$A$3.23 B	-72.19%
2011-12-31	$A$11.63 B	-24.72%
2010-12-31	$A$15.45 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pfizer PFE	A$146.06 B	1,424.59%	🇺🇸 USA
Bristol-Myers Squibb BMY	A$27.14 B	183.31%	🇺🇸 USA
Eli Lilly LLY	A$22.59 B	135.89%	🇺🇸 USA
Amgen AMGN	A$11.87 B	23.98%	🇺🇸 USA
Gilead Sciences GILD	A$29.02 B	202.92%	🇺🇸 USA
Biogen BIIB	A$25.81 B	169.46%	🇺🇸 USA
GlaxoSmithKline GSK	A$28.41 B	196.57%	🇬🇧 UK
AstraZeneca AZN	A$64.39 B	572.13%	🇬🇧 UK
Neurocrine Biosciences NBIX	A$4.29 B	-55.21%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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