Novo Nordisk (NVO) - Net assets

Net assets on the balance sheet as of September 2024 : S$24.46 Billion

According to Novo Nordisk's latest financial reports the company has S$24.46 Billion 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	$S$20.84 B	29.32%
2022-12-31	$S$16.11 B	10.69%
2021-12-31	$S$14.56 B	5.15%
2020-12-31	$S$13.84 B	18.95%
2019-12-31	$S$11.64 B	7.29%
2018-12-31	$S$10.85 B	1.02%
2017-12-31	$S$10.74 B	15.79%
2016-12-31	$S$9.27 B	-4.72%
2015-12-31	$S$9.73 B	11.96%
2014-12-31	$S$8.69 B	-12.91%
2013-12-31	$S$9.98 B	13.33%
2012-12-31	$S$8.81 B	4.29%
2011-12-31	$S$8.44 B	-0.58%
2010-12-31	$S$8.49 B	-12.07%
2009-12-31	$S$9.66 B	8.86%
2008-12-31	$S$8.87 B	-2.17%
2007-12-31	$S$9.07 B	10.78%
2006-12-31	$S$8.19 B	12.62%
2005-12-31	$S$7.27 B	-8.22%
2004-12-31	$S$7.92 B	9.04%
2003-12-31	$S$7.26 B	29.95%
2002-12-31	$S$5.59 B	6.86%
2001-12-31	$S$5.23 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pfizer PFE	S$125.42 B	412.66%	🇺🇸 USA
Eli Lilly LLY	S$19.40 B	-20.68%	🇺🇸 USA
Bristol-Myers Squibb BMY	S$23.30 B	-4.73%	🇺🇸 USA
Sanofi SNY	S$106.03 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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