Amgen Historical Balance Sheet

AMGN Stock  USD 307.42  1.57  0.51%   
Trend analysis of Amgen Inc balance sheet accounts such as Short Long Term Debt Total of 67.8 B, Other Current Liabilities of 16.1 B or Total Current Liabilities of 19.3 B provides information on Amgen's total assets, liabilities, and equity, which is the actual value of Amgen Inc to its prevalent stockholders. By breaking down trends over time using Amgen balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Amgen Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Amgen Inc is a good buy for the upcoming year.

Amgen Inventory

9.99 Billion

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amgen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

About Amgen Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Amgen Inc at a specified time, usually calculated after every quarter, six months, or one year. Amgen Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Amgen and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Amgen currently owns. An asset can also be divided into two categories, current and non-current.

Amgen Balance Sheet Chart

At this time, Amgen's Cash is very stable compared to the past year. As of the 4th of June 2024, Non Current Assets Total is likely to grow to about 70.2 B, while Property Plant And Equipment Net is likely to drop about 3.6 B.

Total Assets

Total assets refers to the total amount of Amgen assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Amgen Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Amgen balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Amgen Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Long Term Debt

Long-term debt is a debt that Amgen Inc has held for over one year. Long-term debt appears on Amgen Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Amgen Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most accounts from Amgen's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Amgen Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amgen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
At this time, Amgen's Cash is very stable compared to the past year. As of the 4th of June 2024, Non Current Assets Total is likely to grow to about 70.2 B, while Property Plant And Equipment Net is likely to drop about 3.6 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total33.3B38.9B64.6B67.8B
Total Assets61.2B65.1B97.2B102.0B

Amgen balance sheet Correlations

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Amgen Account Relationship Matchups

Amgen balance sheet Accounts

201920202021202220232024 (projected)
Total Assets59.7B62.9B61.2B65.1B97.2B102.0B
Short Long Term Debt Total29.9B33.0B33.3B38.9B64.6B67.8B
Other Current Liab8.5B10.1B10.7B12.5B15.4B16.1B
Total Current Liabilities12.8B11.7B12.2B15.7B18.4B19.3B
Total Stockholder Equity9.7B9.4B6.7B3.7B6.2B12.3B
Property Plant And Equipment Net4.9B4.9B5.2B5.4B5.9B3.6B
Net Debt23.9B26.7B25.3B31.3B53.7B56.4B
Retained Earnings(21.3B)(21.4B)(24.6B)(28.6B)(26.5B)(25.2B)
Cash6.0B6.3B8.0B7.6B10.9B11.5B
Non Current Assets Total41.3B41.8B41.8B42.9B66.8B70.2B
Non Currrent Assets Other2.2B5.6B6.5B5.9B9.6B10.1B
Cash And Short Term Investments8.9B10.6B8.0B9.3B10.9B10.5B
Net Receivables4.1B4.5B4.9B5.6B7.9B8.3B
Common Stock Shares Outstanding609M590M573M541M538M759.2M
Liabilities And Stockholders Equity59.7B62.9B61.2B65.1B97.2B102.0B
Non Current Liabilities Total37.2B41.9B42.3B45.8B72.5B76.2B
Other Current Assets1.9B2.1B2.4B2.4B281M267.0M
Other Stockholder Equity(528M)(985M)18.2B21.7B25.0B26.2B
Total Liab50.0B53.5B54.5B61.5B90.9B95.5B
Property Plant And Equipment Gross4.9B4.9B14.0B14.7B15.7B16.5B
Total Current Assets18.4B21.1B19.4B22.2B30.3B15.2B
Accumulated Other Comprehensive Income(528M)(985M)(796M)(231M)(289M)(274.6M)
Short Term Debt3.0B91M87M1.6B1.4B1.0B
Inventory3.6B3.9B4.1B4.9B9.5B10.0B
Accounts Payable1.4B1.4B1.4B1.6B1.6B1.7B
Common Stock Total Equity31.5B31.8B32.1B32.5B37.4B27.1B
Short Term Investments2.9B4.4B48M1.7B10.9B12.2B
Capital Stock31.5B31.8B32.1B32.5B33.1B27.5B
Common Stock31.5B31.8B32.1B32.5B33.1B27.5B
Other Assets955M1.3B6.5B2.2B2.5B1.4B
Long Term Debt27.0B32.9B33.2B37.4B63.2B66.3B
Property Plant Equipment4.9B4.9B5.2B5.4B6.2B5.3B
Good Will14.7B14.7B14.9B15.5B18.6B14.4B
Intangible Assets19.4B16.6B15.2B16.1B32.6B34.3B
Other Liab9.9B9.0B9.1B7.9B9.1B5.1B
Net Tangible Assets(24.4B)(21.9B)(23.4B)(27.9B)(25.2B)(23.9B)
Retained Earnings Total Equity(21.3B)(21.4B)(24.6B)(28.6B)(25.8B)(24.5B)
Long Term Debt Total27.0B32.9B33.2B37.4B43.0B29.9B
Non Current Liabilities Other9.6B9.0B2.5B2.7B2.3B2.2B

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Additional Information and Resources on Investing in Amgen Stock

When determining whether Amgen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amgen's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amgen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amgen Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amgen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amgen. If investors know Amgen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amgen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.52)
Dividend Share
8.64
Earnings Share
7
Revenue Per Share
55.148
Quarterly Revenue Growth
0.22
The market value of Amgen Inc is measured differently than its book value, which is the value of Amgen that is recorded on the company's balance sheet. Investors also form their own opinion of Amgen's value that differs from its market value or its book value, called intrinsic value, which is Amgen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amgen's market value can be influenced by many factors that don't directly affect Amgen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Amgen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amgen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amgen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.