NOVARTIS AG (NVS) Balance sheet

Market cap

P/E ratio

	2018/12	2019/12	2020/12	2021/12	2022/12	2023/12	2024/12	2025/12
Cash and cash equivalents	13,271	11,112	9,658	12,407	7,517	13,393	11,459	11,435
Total cash & short-term investments	13,271	11,112	9,658	12,407	7,517	13,393	11,459	11,435
Inventories	6,956	5,982	7,131	6,666	7,175	5,913	5,723	6,269
Total current assets	35,563	29,504	29,673	45,718	36,910	30,481	29,704	30,460
Property, plant and equipment, net	15,696	12,069	12,263	11,545	10,764	9,514	9,458	10,782
Total non-current assets	110,000	88,866	102,386	86,077	80,543	69,464	72,542	80,489
Total assets	145,563	118,370	132,059	131,795	117,453	99,945	102,246	110,949
Total current liabilities	29,607	28,264	33,059	30,208	28,656	26,390	28,692	27,278
Total non-current liabilities	37,264	34,555	42,334	33,765	29,374	26,805	29,428	37,122
Total liabilities	66,871	62,819	75,393	63,973	58,030	53,195	58,120	64,400
Stockholders' equity	78,692	55,551	56,666	67,822	59,423	46,750	44,126	46,549