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Balance Sheet - NOVARTIS AG (NVS)

$ (Billion, Million)
Dec-25 Dec-24 Dec-23 Dec-22 Dec-21 Dec-20 Dec-19 Dec-18 Dec-17 Dec-16 Dec-15 Dec-14 Dec-13 Dec-12 Dec-11 Dec-10 Dec-09 Dec-08 Dec-07 Dec-06
Total cash and short-term investments + 11.59 13.35 13.96 18.62 28.11 11.56 11.45 15.96 9.49 7.78 5.45 13.86 9.22 8.12 5.08 8.13 17.45 6.12 13.20 7.96
Accounts receivable, net 10.93 8.21 9.38 9.89 9.62 9.07 9.17 9.68 10.07 10.20 10.55 10.26 12.62 12.53 12.37 11.72 10.01 8.57 8.50 7.97
Inventories 6.27 5.72 5.91 7.18 6.67 7.13 5.98 6.96 6.87 6.26 6.23 6.09 7.27 6.74 5.93 6.09 5.83 5.79 5.46 4.50
Other current assets 1.67 2.42 1.23 1.23 1.32 1.91 2.90 4.05 1.79 0.70 0.62 7.35 1.43 0.61 0.71 0.74 0.40 0.40 0.27 0.98
Total current assets 30.46 29.70 30.48 36.91 45.72 29.67 29.50 35.56 28.21 24.93 22.85 37.56 30.54 28.00 24.08 26.69 33.69 20.88 27.43 21.40
Total non-current assets + 85.11 72.54 69.46 80.54 86.08 102.52 88.91 110.00 104.87 105.19 108.71 87.83 95.71 96.21 93.41 96.63 61.81 57.42 48.02 46.60
Total assets 115.57 102.25 99.95 117.45 131.80 132.19 118.41 145.56 133.08 130.12 131.56 125.39 126.25 124.22 117.50 123.32 95.51 78.30 75.45 68.01
Total current liabilities + 27.28 28.69 26.39 28.66 30.21 33.06 28.26 29.61 23.40 22.21 23.71 26.97 26.37 24.05 23.15 24.66 19.47 16.50 16.64 16.23
Total non-current liabilities + 41.74 29.43 26.81 29.37 33.77 42.46 34.60 37.26 35.45 33.02 30.73 27.57 25.41 30.95 28.41 28.89 18.57 11.36 9.42 10.48
Total liabilities 69.02 58.12 53.20 58.03 63.97 75.52 62.86 66.87 58.85 55.23 54.43 54.54 51.78 55.00 51.56 53.55 38.04 27.86 26.06 26.71
Total stockholders' equity + 46.13 44.05 46.67 59.34 67.66 56.60 55.47 78.61 74.17 74.83 77.05 70.77 74.34 69.09 65.84 63.20 57.39 50.29 49.22 41.11
Common shares outstanding 1,955 2,035 2,092 2,197 2,260 2,296 2,319 2,344 2,371 2,400 2,438 2,470 2,479 2,445 2,413 2,301 2,277 2,284 2,329 2,360
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Balance Sheet - NOVARTIS AG (NVS)

$ (Billion, Million)
Mar-26 Dec-25 Sep-25 Jun-25 Mar-25 Dec-24 Sep-24 Jun-24 Mar-24 Dec-23 Sep-23 Jun-23 Mar-23 Dec-22 Sep-22 Jun-22 Mar-22 Dec-21 Sep-21 Jun-21 Mar-21 Dec-20 Sep-20 Jun-20 Mar-20 Dec-19 Sep-19 Jun-19 Mar-19 Dec-18 Sep-18 Jun-18 Mar-18 Dec-17 Sep-17 Jun-17 Mar-17 Dec-16 Sep-16 Jun-16 Mar-16 Dec-15 Sep-15 Jun-15 Mar-15 Dec-14 Sep-14 Jun-14 Mar-14 Dec-13 Sep-13 Jun-13 Mar-13 Dec-12 Sep-12 Jun-12 Mar-12 Dec-11 Sep-11 Jun-11 Mar-11 Dec-10 Sep-10 Jun-10 Mar-10 Dec-09 Sep-09 Jun-09 Mar-09 Dec-08 Sep-08 Jun-08 Mar-08 Dec-07 Sep-07 Jun-07 Mar-07 Dec-06 Sep-06 Jun-06 Mar-06
Total cash and short-term investments + 6.98 11.59 9.75 7.00 7.20 13.35 14.02 8.44 9.69 14.43 12.70 11.17 12.26 18.93 19.10 19.76 18.81 28.33 8.16 5.36 4.08 11.56 10.87 6.29 4.97 11.45 8.72 10.34 7.11 15.96 14.71 13.15 6.42 9.49 9.40 8.42 8.24 7.78 7.74 5.65 5.07 5.45 5.93 5.81 8.25 13.86 10.43 7.32 7.72 9.22 7.27 5.09 6.04 8.12 5.80 6.11 5.39 5.08 5.57 5.60 8.76 8.13 7.99 23.00 19.90 17.45 14.17 11.82 7.84 6.12 8.14 16.20 10.85 13.20 14.53 7.55 6.96 7.96 8.53 7.31 11.12
Accounts receivable, net 9.60 10.93 8.98 9.18 8.73 8.21 8.15 8.48 8.25 8.12 7.10 9.54 9.18 8.94 8.68 8.91 8.68 8.83 8.63 8.65 8.48 9.07 8.30 7.95 8.80 9.17 8.07 8.25 7.85 9.68 8.77 8.99 9.12 10.07 8.48 8.38 8.23 10.20 8.55 8.61 8.46 8.18 8.50 8.75 8.79 10.26 8.86 9.37 10.32 9.90 10.50 10.79 10.48 11.11 10.52 10.49 10.61 12.37 10.70 10.92 10.86 11.72 10.39 7.80 7.77 10.01 7.82 7.17 6.75 8.57 7.25 7.14 6.88 8.50 6.81 6.23 6.35 7.97 6.09 5.89 5.29
Inventories 6.29 6.27 6.42 6.31 5.83 5.72 5.94 5.75 5.74 5.91 5.61 8.23 7.89 7.18 6.78 6.88 7.00 6.67 6.89 7.11 7.00 7.13 7.14 6.90 6.40 5.98 6.12 6.09 5.73 6.96 6.95 7.10 7.23 6.87 6.95 6.90 6.58 6.26 6.77 6.67 6.63 6.23 6.56 6.61 6.27 6.09 6.51 6.88 7.86 7.27 7.52 7.26 7.02 6.74 6.85 6.42 6.46 5.93 6.61 7.10 6.62 6.09 6.76 5.54 5.66 5.83 6.31 6.13 5.76 5.79 5.96 6.45 6.24 5.46 5.27 5.02 4.98 4.50 4.61 4.69 3.93
Other current assets 3.74 1.72 3.04 3.46 3.36 2.42 3.16 3.03 2.76 2.02 20.26 4.55 2.79 1.87 2.39 2.59 2.75 1.90 2.57 2.69 2.64 1.91 2.67 2.73 2.93 2.90 3.77 3.64 31.76 4.05 3.69 2.83 10.29 1.79 2.61 2.82 2.71 0.70 2.78 2.79 2.83 2.99 3.06 3.57 3.28 9.69 10.99 11.41 3.78 3.39 3.48 3.70 3.26 3.09 8.78 9.22 8.72 0.71 8.26 8.62 11.62 0.74 10.57 25.33 22.37 0.40 16.32 13.88 9.97 0.40 1.95 2.30 2.31 0.27 2.07 1.83 3.04 0.98 1.75 1.91 1.58
Total current assets 26.61 30.46 28.20 25.94 25.11 29.70 31.26 25.69 26.45 30.48 45.66 33.49 32.11 36.91 36.95 38.14 37.24 45.72 26.25 23.81 22.20 29.67 28.97 23.88 23.10 29.50 26.68 28.32 52.45 35.56 34.11 32.07 33.05 28.21 27.47 26.54 25.77 24.93 25.88 23.72 22.99 22.85 24.05 24.75 25.71 37.56 36.79 34.97 29.69 30.54 28.77 26.85 26.80 28.00 26.15 26.12 25.79 24.08 25.56 26.63 29.10 26.69 27.72 38.67 35.80 33.69 30.44 27.17 22.48 20.88 23.30 32.09 26.29 27.43 28.68 20.64 21.33 21.40 20.97 19.80 21.92
Total non-current assets + 91.93 85.11 79.09 78.46 74.83 72.54 72.26 71.81 67.89 73.34 67.04 77.49 80.13 84.86 81.51 84.77 87.98 90.17 94.96 100.21 99.55 102.52 100.71 99.88 100.00 88.91 89.30 87.97 85.50 110.00 108.88 109.99 102.47 104.87 107.51 107.21 106.22 105.19 108.12 107.71 109.46 108.71 108.88 110.67 109.23 87.83 88.59 90.80 95.64 95.71 95.82 94.23 94.22 96.21 95.07 92.37 93.62 93.41 95.81 99.29 98.12 96.63 96.91 58.26 60.00 61.81 60.25 57.10 55.49 57.42 58.72 51.31 50.03 48.02 48.25 49.98 46.99 46.60 45.89 46.13 36.93
Total assets 118.53 115.57 107.29 104.40 99.94 102.25 103.52 97.51 94.33 103.82 112.70 110.98 112.24 121.77 118.46 122.91 125.22 135.88 121.21 124.02 121.75 132.19 129.68 123.76 123.10 118.41 115.97 116.29 137.95 145.56 142.99 142.06 135.52 133.08 134.97 133.75 131.99 130.12 134.01 131.44 132.45 131.56 132.93 135.41 134.94 125.39 125.38 125.77 125.33 126.25 124.59 121.07 121.01 124.22 121.22 118.49 119.41 117.50 121.38 125.92 127.22 123.32 124.63 96.92 95.80 95.51 90.69 84.27 77.97 78.30 82.02 83.40 76.32 75.45 76.94 70.62 68.32 68.01 66.86 65.93 58.85
Total current liabilities + 31.37 27.28 32.00 31.71 31.62 28.69 28.13 27.61 29.29 26.39 48.39 31.91 30.55 28.66 28.16 27.65 29.81 30.21 29.88 29.63 30.16 33.06 31.84 29.38 31.29 28.26 28.22 30.11 56.13 29.61 28.33 27.94 28.22 23.40 25.38 26.15 26.33 22.21 24.60 26.27 27.82 23.71 28.16 29.39 29.05 26.97 26.62 27.56 24.76 26.37 25.81 24.39 26.37 24.05 21.86 24.92 27.36 23.15 25.83 29.54 32.22 24.66 27.66 17.83 17.43 19.47 17.90 15.36 14.99 16.50 19.95 19.68 17.06 16.64 17.50 15.98 17.55 16.23 16.32 16.76 15.59
Total non-current liabilities + 48.23 41.74 30.54 30.63 29.87 29.43 31.95 27.99 25.29 30.68 26.06 27.14 29.55 33.69 29.41 32.26 33.71 37.85 34.39 40.25 41.00 42.46 43.29 40.50 40.83 34.60 35.15 34.68 34.51 37.26 36.65 37.21 36.09 35.45 37.22 37.63 38.01 33.02 34.34 32.63 32.74 30.73 27.98 27.19 29.44 27.57 27.34 27.70 30.24 25.41 26.60 27.06 27.49 30.95 32.16 29.33 28.85 28.41 29.41 29.29 29.66 28.89 30.75 23.28 23.15 18.57 19.47 18.43 16.75 11.36 11.33 12.11 10.00 9.42 9.94 10.98 10.27 10.48 11.96 12.01 9.50
Total liabilities 79.61 69.02 62.54 62.34 61.49 58.12 60.08 55.60 54.58 57.07 74.45 59.05 60.10 62.34 57.57 59.90 63.51 68.06 64.27 69.89 71.16 75.52 75.12 69.88 72.12 62.86 63.37 64.79 90.64 66.87 64.98 65.16 64.31 58.85 62.60 63.77 64.34 55.23 58.94 58.90 60.56 54.43 56.14 56.58 58.49 54.54 53.95 55.25 55.00 51.78 52.42 51.44 53.86 55.00 54.01 54.25 56.21 51.56 55.24 58.82 61.88 53.55 58.41 41.11 40.58 38.04 37.37 33.79 31.74 27.86 31.28 31.79 27.05 26.06 27.44 26.96 27.82 26.71 28.27 28.77 25.09
Total stockholders' equity + 38.51 46.13 44.33 41.99 38.37 44.05 43.32 41.73 39.68 46.67 38.16 51.85 52.06 59.34 60.82 62.93 61.54 67.66 56.77 54.04 50.52 56.60 54.48 53.81 50.90 55.47 52.52 51.43 47.23 78.61 77.94 76.82 71.10 74.17 72.31 69.92 67.59 74.83 74.98 72.46 71.81 77.05 76.71 78.76 76.38 70.77 71.34 70.39 70.21 74.34 72.05 69.49 67.03 69.09 67.08 64.13 63.11 65.84 66.14 67.09 65.34 63.20 66.22 55.82 55.22 57.39 53.31 50.49 46.23 50.29 50.74 51.61 49.27 49.22 49.49 43.66 40.50 41.11 38.59 37.16 33.75
Common shares outstanding 1,916 1,929 1,940 1,960 1,979 2,004 2,027 2,046 2,056 2,065 2,075 2,095 2,120 2,150 2,180 2,211 2,237 2,253 2,254 2,258 2,265 2,282 2,302 2,304 2,292 2,292 2,297 2,333 2,339 2,336 2,338 2,346 2,347 2,348 2,359 2,373 2,389 2,395 2,401 2,401 2,398 2,418 2,438 2,451 2,446 2,449 2,460 2,471 2,479 2,469 2,480 2,490 2,473 2,451 2,445 2,441 2,435 2,424 2,450 2,426 2,305 2,288 2,300 2,297 2,290 2,268 2,285 2,280 2,283 2,264 2,283 2,286 2,273 2,312 2,322 2,352 2,359 2,348 2,362 2,362 2,355
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