Novo Nordisk (NVO) - Net assets

Net assets on the balance sheet as of September 2024 : C$25.91 Billion

According to Novo Nordisk's latest financial reports the company has C$25.91 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	$C$20.93 B	28.31%
2022-12-31	$C$16.31 B	18.85%
2021-12-31	$C$13.72 B	2.85%
2020-12-31	$C$13.34 B	18.34%
2019-12-31	$C$11.27 B	4.24%
2018-12-31	$C$10.81 B	7.15%
2017-12-31	$C$10.09 B	17.22%
2016-12-31	$C$8.61 B	-9.79%
2015-12-31	$C$9.54 B	25.02%
2014-12-31	$C$7.63 B	-8.97%
2013-12-31	$C$8.38 B	17.1%
2012-12-31	$C$7.16 B	7.96%
2011-12-31	$C$6.63 B	0.63%
2010-12-31	$C$6.59 B	-8.96%
2009-12-31	$C$7.24 B	-4.04%
2008-12-31	$C$7.54 B	19.98%
2007-12-31	$C$6.29 B	1.14%
2006-12-31	$C$6.22 B	22.29%
2005-12-31	$C$5.08 B	-12.83%
2004-12-31	$C$5.83 B	5.15%
2003-12-31	$C$5.54 B	9.84%
2002-12-31	$C$5.05 B	13.03%
2001-12-31	$C$4.47 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pfizer PFE	C$132.85 B	412.66%	🇺🇸 USA
Eli Lilly LLY	C$20.55 B	-20.68%	🇺🇸 USA
Bristol-Myers Squibb BMY	C$24.68 B	-4.73%	🇺🇸 USA
Sanofi SNY	C$112.32 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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