AbbVie Net Tangible Assets from 2010 to 2024

ABBV Stock  USD 171.73  3.97  2.37%   
AbbVie Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets will likely drop to about -77.8 B in 2024. Net Tangible Assets is the total assets of AbbVie Inc minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2013-03-31
Previous Quarter
-82.2 B
Current Value
-78.6 B
Quarterly Volatility
34 B
 
Yuan Drop
 
Covid
Check AbbVie financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AbbVie's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.1 B, Interest Expense of 1.1 B or Selling General Administrative of 7.8 B, as well as many indicators such as Price To Sales Ratio of 3.39, Dividend Yield of 0.0289 or PTB Ratio of 17.2. AbbVie financial statements analysis is a perfect complement when working with AbbVie Valuation or Volatility modules.
  
Check out the analysis of AbbVie Correlation against competitors.

Latest AbbVie's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of AbbVie Inc over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. AbbVie's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AbbVie's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

AbbVie Net Tangible Assets Regression Statistics

Arithmetic Mean(43,222,809,667)
Coefficient Of Variation(82.88)
Mean Deviation29,252,171,600
Median(39,677,000,000)
Standard Deviation35,824,286,025
Sample Variance1283379469.2T
Range99.2B
R-Value(0.90)
Mean Square Error250527466T
R-Squared0.82
Slope(7,248,264,696)
Total Sum of Squares17967312568.3T

AbbVie Net Tangible Assets History

2024-77.8 B
2023-74.1 B
2022-82.3 B
2021-96.2 B
2020-102.9 B
2019-42.4 B
2018-45.3 B

About AbbVie Financial Statements

AbbVie investors use historical fundamental indicators, such as AbbVie's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in AbbVie. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets-74.1 B-77.8 B

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Additional Tools for AbbVie Stock Analysis

When running AbbVie's price analysis, check to measure AbbVie's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AbbVie is operating at the current time. Most of AbbVie's value examination focuses on studying past and present price action to predict the probability of AbbVie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AbbVie's price. Additionally, you may evaluate how the addition of AbbVie to your portfolios can decrease your overall portfolio volatility.