AbbVie (ABBV) - Net assets

Net assets on the balance sheet as of September 2024 : C$8.55 Billion

According to AbbVie's latest financial reports the company has C$8.55 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	$C$13.79 B	-41.21%
2022-12-31	$C$23.45 B	19.24%
2021-12-31	$C$19.67 B	17.8%
2020-12-31	$C$16.69 B	-256.46%
2019-12-31	$-C$10.68 Billion	-7.23%
2018-12-31	$-C$11.51 Billion	-279.54%
2017-12-31	$C$6.40 B	2.86%
2016-12-31	$C$6.23 B	13.84%
2015-12-31	$C$5.47 B	170.71%
2014-12-31	$C$2.02 B	-57.72%
2013-12-31	$C$4.78 B	42.99%
2012-12-31	$C$3.34 B	-72.45%
2011-12-31	$C$12.13 B	-22.68%
2010-12-31	$C$15.69 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pfizer PFE	C$130.41 B	1,424.59%	🇺🇸 USA
Bristol-Myers Squibb BMY	C$24.23 B	183.31%	🇺🇸 USA
Eli Lilly LLY	C$20.17 B	135.89%	🇺🇸 USA
Amgen AMGN	C$10.60 B	23.98%	🇺🇸 USA
Gilead Sciences GILD	C$25.64 B	199.74%	🇺🇸 USA
Biogen BIIB	C$23.05 B	169.46%	🇺🇸 USA
GlaxoSmithKline GSK	C$25.36 B	196.57%	🇬🇧 UK
AstraZeneca AZN	C$55.79 B	552.25%	🇬🇧 UK
Neurocrine Biosciences NBIX	C$3.83 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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