Novo Nordisk (NVO) - Net assets

Net assets on the balance sheet as of September 2024 : $18.05 Billion USD

According to Novo Nordisk's latest financial reports the company has $18.05 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Novo Nordisk - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$15.78 B	31.27%
2022-12-31	$$12.02 B	11.62%
2021-12-31	$$10.77 B	2.9%
2020-12-31	$$10.46 B	21.22%
2019-12-31	$$8.63 B	8.72%
2018-12-31	$$7.94 B	-1.1%
2017-12-31	$$8.03 B	25.29%
2016-12-31	$$6.40 B	-6.88%
2015-12-31	$$6.88 B	4.59%
2014-12-31	$$6.58 B	-16.5%
2013-12-31	$$7.88 B	9.39%
2012-12-31	$$7.20 B	10.44%
2011-12-31	$$6.52 B	-1.11%
2010-12-31	$$6.59 B	-4.16%
2009-12-31	$$6.88 B	10.89%
2008-12-31	$$6.20 B	-1.56%
2007-12-31	$$6.30 B	18.04%
2006-12-31	$$5.34 B	22.28%
2005-12-31	$$4.36 B	-10.07%
2004-12-31	$$4.85 B	13.56%
2003-12-31	$$4.27 B	32.71%
2002-12-31	$$3.22 B	14.01%
2001-12-31	$$2.82 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pfizer PFE	$92.55 B	412.66%	🇺🇸 USA
Eli Lilly LLY	$14.32 B	-20.68%	🇺🇸 USA
Bristol-Myers Squibb BMY	$17.20 B	-4.73%	🇺🇸 USA
Sanofi SNY	$78.25 B	333.42%	🇫🇷 France

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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