Novartis Total Current Assets from 2010 to 2024

NVS Stock  USD 103.85  0.76  0.74%   
Novartis Total Current Assets yearly trend continues to be comparatively stable with very little volatility. Total Current Assets will likely drop to about 29.9 B in 2024. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2000-06-30
Previous Quarter
25.7 B
Current Value
31.3 B
Quarterly Volatility
6.5 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Novartis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novartis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.7 B, Interest Expense of 550.6 M or Selling General Administrative of 15 B, as well as many indicators such as Price To Sales Ratio of 3.66, Dividend Yield of 0.0254 or PTB Ratio of 3.07. Novartis financial statements analysis is a perfect complement when working with Novartis Valuation or Volatility modules.
  
Check out the analysis of Novartis Correlation against competitors.

Latest Novartis' Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Novartis AG ADR over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Novartis' Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novartis' overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Novartis Total Current Assets Regression Statistics

Arithmetic Mean30,339,865,726
Geometric Mean29,741,258,057
Coefficient Of Variation21.20
Mean Deviation4,631,440,753
Median29,673,000,000
Standard Deviation6,432,422,042
Sample Variance41376053.3T
Range24.6B
R-Value0.51
Mean Square Error32996481.8T
R-Squared0.26
Significance0.05
Slope732,682,164
Total Sum of Squares579264746.6T

Novartis Total Current Assets History

202429.9 B
202330.5 B
202236.9 B
202145.7 B
202029.7 B
201929.5 B
201835.6 B

About Novartis Financial Statements

Novartis shareholders use historical fundamental indicators, such as Total Current Assets, to determine how well the company is positioned to perform in the future. Although Novartis investors may analyze each financial statement separately, they are all interrelated. The changes in Novartis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Novartis' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current Assets30.5 B29.9 B

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Additional Tools for Novartis Stock Analysis

When running Novartis' price analysis, check to measure Novartis' 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 Novartis is operating at the current time. Most of Novartis' value examination focuses on studying past and present price action to predict the probability of Novartis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novartis' price. Additionally, you may evaluate how the addition of Novartis to your portfolios can decrease your overall portfolio volatility.