Amgen Historical Balance Sheet

AMGN Stock

USD 263.13 0.25 0.09%

Trend analysis of Amgen Inc balance sheet accounts such as Short Long Term Debt Total of 67.8 B, Other Current Liabilities of 14.4 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.

Cash Flow Balance Sheet Income Statement

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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 closely tied 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 23rd of December 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 Short Long Term Debt Total Other Current Liab Total Current Liabilities Net Receivables Net Invested Capital

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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.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 closely tied with the direction of predictive economic indicators such as signals in price.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	33.3B	38.9B	64.6B	67.8B
Total Assets	61.2B	65.1B	97.2B	102.0B

Short Long Term Debt Total Total Assets

Amgen balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Inventory	Accounts Payable	Common Stock Total Equity	Short Term Investments	Capital Stock
Total Assets		0.93	0.76	0.81	0.33	0.67	0.94	-0.4	0.67	0.86	0.62	0.35	0.78	-0.49	0.92	-0.11	0.47	0.91	0.63	0.52	0.27	0.76	0.81	0.79	0.37	0.77
Short Long Term Debt Total	0.93		0.9	0.91	-0.01	0.52	0.99	-0.61	0.83	0.95	0.83	0.02	0.94	-0.55	0.99	-0.14	0.72	0.99	0.81	0.21	0.13	0.95	0.82	0.64	0.08	0.6
Other Current Liab	0.76	0.9		0.97	-0.33	0.48	0.85	-0.87	0.94	0.93	0.93	-0.25	0.98	-0.75	0.93	-0.1	0.81	0.95	0.89	-0.02	0.0	0.92	0.91	0.62	-0.25	0.58
Total Current Liabilities	0.81	0.91	0.97		-0.23	0.51	0.88	-0.81	0.87	0.9	0.83	-0.12	0.94	-0.76	0.92	-0.2	0.73	0.95	0.82	0.1	0.26	0.88	0.89	0.67	-0.12	0.63
Total Stockholder Equity	0.33	-0.01	-0.33	-0.23		0.34	0.07	0.66	-0.35	-0.12	-0.45	0.88	-0.29	0.37	-0.05	0.14	-0.51	-0.09	-0.36	0.79	0.34	-0.27	-0.11	0.31	0.88	0.36
Property Plant And Equipment Net	0.67	0.52	0.48	0.51	0.34		0.51	-0.35	0.46	0.51	0.28	0.37	0.45	-0.56	0.52	0.21	0.16	0.53	0.39	0.62	0.27	0.36	0.61	0.96	0.25	0.94
Net Debt	0.94	0.99	0.85	0.88	0.07	0.51		-0.53	0.76	0.93	0.78	0.09	0.89	-0.51	0.98	-0.21	0.68	0.97	0.76	0.27	0.17	0.92	0.8	0.63	0.16	0.59
Retained Earnings	-0.4	-0.61	-0.87	-0.81	0.66	-0.35	-0.53		-0.85	-0.71	-0.82	0.56	-0.82	0.79	-0.66	0.07	-0.74	-0.7	-0.79	0.33	0.09	-0.72	-0.76	-0.46	0.62	-0.43
Cash	0.67	0.83	0.94	0.87	-0.35	0.46	0.76	-0.85		0.85	0.88	-0.31	0.94	-0.58	0.85	0.18	0.79	0.87	0.87	-0.1	-0.09	0.89	0.77	0.56	-0.32	0.51
Non Current Assets Total	0.86	0.95	0.93	0.9	-0.12	0.51	0.93	-0.71	0.85		0.88	-0.18	0.95	-0.65	0.96	-0.16	0.74	0.96	0.83	0.04	0.02	0.94	0.85	0.65	-0.14	0.61
Non Currrent Assets Other	0.62	0.83	0.93	0.83	-0.45	0.28	0.78	-0.82	0.88	0.88		-0.44	0.94	-0.63	0.85	-0.12	0.9	0.86	0.91	-0.24	-0.27	0.92	0.75	0.41	-0.4	0.35
Cash And Short Term Investments	0.35	0.02	-0.25	-0.12	0.88	0.37	0.09	0.56	-0.31	-0.18	-0.44		-0.26	0.21	0.0	0.05	-0.48	-0.03	-0.34	0.94	0.48	-0.28	-0.01	0.35	0.97	0.39
Net Receivables	0.78	0.94	0.98	0.94	-0.29	0.45	0.89	-0.82	0.94	0.95	0.94	-0.26		-0.65	0.95	-0.06	0.84	0.96	0.91	-0.04	-0.03	0.97	0.84	0.58	-0.23	0.53
Common Stock Shares Outstanding	-0.49	-0.55	-0.75	-0.76	0.37	-0.56	-0.51	0.79	-0.58	-0.65	-0.63	0.21	-0.65		-0.61	0.38	-0.5	-0.65	-0.6	-0.07	-0.16	-0.51	-0.81	-0.68	0.31	-0.65
Non Current Liabilities Total	0.92	0.99	0.93	0.92	-0.05	0.52	0.98	-0.66	0.85	0.96	0.85	0.0	0.95	-0.61		-0.16	0.72	1.0	0.81	0.2	0.08	0.93	0.88	0.67	0.04	0.62
Other Current Assets	-0.11	-0.14	-0.1	-0.2	0.14	0.21	-0.21	0.07	0.18	-0.16	-0.12	0.05	-0.06	0.38	-0.16		-0.1	-0.17	-0.04	0.03	-0.29	-0.08	-0.22	0.05	-0.03	0.06
Other Stockholder Equity	0.47	0.72	0.81	0.73	-0.51	0.16	0.68	-0.74	0.79	0.74	0.9	-0.48	0.84	-0.5	0.72	-0.1		0.73	0.96	-0.31	-0.24	0.84	0.59	0.24	-0.42	0.18
Total Liab	0.91	0.99	0.95	0.95	-0.09	0.53	0.97	-0.7	0.87	0.96	0.86	-0.03	0.96	-0.65	1.0	-0.17	0.73		0.83	0.18	0.12	0.93	0.89	0.68	0.01	0.63
Property Plant And Equipment Gross	0.63	0.81	0.89	0.82	-0.36	0.39	0.76	-0.79	0.87	0.83	0.91	-0.34	0.91	-0.6	0.81	-0.04	0.96	0.83		-0.13	-0.15	0.87	0.73	0.47	-0.32	0.43
Total Current Assets	0.52	0.21	-0.02	0.1	0.79	0.62	0.27	0.33	-0.1	0.04	-0.24	0.94	-0.04	-0.07	0.2	0.03	-0.31	0.18	-0.13		0.5	-0.09	0.22	0.6	0.89	0.61
Short Term Debt	0.27	0.13	0.0	0.26	0.34	0.27	0.17	0.09	-0.09	0.02	-0.27	0.48	-0.03	-0.16	0.08	-0.29	-0.24	0.12	-0.15	0.5		-0.06	0.07	0.32	0.45	0.34
Inventory	0.76	0.95	0.92	0.88	-0.27	0.36	0.92	-0.72	0.89	0.94	0.92	-0.28	0.97	-0.51	0.93	-0.08	0.84	0.93	0.87	-0.09	-0.06		0.74	0.47	-0.19	0.4
Accounts Payable	0.81	0.82	0.91	0.89	-0.11	0.61	0.8	-0.76	0.77	0.85	0.75	-0.01	0.84	-0.81	0.88	-0.22	0.59	0.89	0.73	0.22	0.07	0.74		0.77	-0.05	0.76
Common Stock Total Equity	0.79	0.64	0.62	0.67	0.31	0.96	0.63	-0.46	0.56	0.65	0.41	0.35	0.58	-0.68	0.67	0.05	0.24	0.68	0.47	0.6	0.32	0.47	0.77		0.24	0.99
Short Term Investments	0.37	0.08	-0.25	-0.12	0.88	0.25	0.16	0.62	-0.32	-0.14	-0.4	0.97	-0.23	0.31	0.04	-0.03	-0.42	0.01	-0.32	0.89	0.45	-0.19	-0.05	0.24		0.26
Capital Stock	0.77	0.6	0.58	0.63	0.36	0.94	0.59	-0.43	0.51	0.61	0.35	0.39	0.53	-0.65	0.62	0.06	0.18	0.63	0.43	0.61	0.34	0.4	0.76	0.99	0.26

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Amgen Account Relationship Matchups

Amgen balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	59.7B	62.9B	61.2B	65.1B	97.2B	102.0B
Short Long Term Debt Total	29.9B	33.0B	33.3B	38.9B	64.6B	67.8B
Other Current Liab	8.5B	9.2B	9.9B	11.2B	13.7B	14.4B
Total Current Liabilities	12.8B	11.7B	12.2B	15.7B	18.4B	19.3B
Total Stockholder Equity	9.7B	9.4B	6.7B	3.7B	6.2B	12.3B
Property Plant And Equipment Net	4.9B	4.9B	5.2B	5.4B	6.6B	3.6B
Net Debt	23.9B	26.7B	25.3B	31.3B	53.7B	56.4B
Retained Earnings	(21.3B)	(21.4B)	(24.6B)	(28.6B)	(26.5B)	(25.2B)
Cash	6.0B	6.3B	8.0B	7.6B	10.9B	11.5B
Non Current Assets Total	41.3B	41.8B	41.8B	42.9B	66.8B	70.2B
Non Currrent Assets Other	2.2B	5.6B	6.5B	5.9B	9.0B	9.4B
Cash And Short Term Investments	8.9B	10.6B	8.0B	9.3B	10.9B	10.5B
Net Receivables	4.1B	4.5B	4.9B	5.6B	7.9B	8.3B
Common Stock Shares Outstanding	609M	590M	573M	541M	538M	759.2M
Liabilities And Stockholders Equity	59.7B	62.9B	61.2B	65.1B	97.2B	102.0B
Non Current Liabilities Total	37.2B	41.9B	42.3B	45.8B	72.5B	76.2B
Other Current Assets	1.9B	2.1B	2.4B	2.4B	1.9B	2.7B
Other Stockholder Equity	(528M)	(985M)	18.2B	21.7B	25.0B	26.2B
Total Liab	50.0B	53.5B	54.5B	61.5B	90.9B	95.5B
Property Plant And Equipment Gross	4.9B	4.9B	14.0B	14.7B	15.7B	16.5B
Total Current Assets	18.4B	21.1B	19.4B	22.2B	30.3B	15.2B
Accumulated Other Comprehensive Income	(528M)	(985M)	(796M)	(231M)	(289M)	(274.6M)
Short Term Debt	3.0B	244M	232M	1.7B	1.4B	1.0B
Inventory	3.6B	3.9B	4.1B	4.9B	9.5B	10.0B
Accounts Payable	1.4B	1.4B	1.4B	1.6B	1.6B	1.7B
Common Stock Total Equity	31.5B	31.8B	32.1B	32.5B	37.4B	27.1B
Short Term Investments	2.9B	4.4B	48M	1.7B	10.9B	12.2B
Capital Stock	31.5B	31.8B	32.1B	32.5B	33.1B	27.5B
Common Stock	31.5B	31.8B	32.1B	32.5B	33.1B	27.5B
Other Assets	955M	1.3B	6.5B	2.2B	2.5B	1.4B
Long Term Debt	27.0B	32.9B	33.2B	37.4B	63.2B	66.3B
Property Plant Equipment	4.9B	4.9B	5.2B	5.4B	6.2B	5.3B
Good Will	14.7B	14.7B	14.9B	15.5B	18.6B	14.4B
Intangible Assets	19.4B	16.6B	15.2B	16.1B	32.6B	34.3B
Other Liab	9.9B	9.0B	9.1B	7.9B	9.1B	5.1B
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 Total	27.0B	32.9B	33.2B	37.4B	43.0B	29.9B
Non Current Liabilities Other	9.6B	9.0B	2.5B	2.7B	2.3B	2.2B

Pair Trading with Amgen

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amgen position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amgen will appreciate offsetting losses from the drop in the long position's value.

Moving together with Amgen Stock

0.81	ME	23Andme Holding	Pair Corr
0.93	VALN	Valneva SE ADR	Pair Corr

Moving against Amgen Stock

0.84	VCYT	Veracyte	Pair Corr
0.83	DRTS	Alpha Tau Medical	Pair Corr
0.82	VCEL	Vericel Corp Ord	Pair Corr
0.73	DMAC	DiaMedica Therapeutics Upward Rally	Pair Corr
0.66	CDIOW	Cardio Diagnostics	Pair Corr

The ability to find closely correlated positions to Amgen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amgen when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amgen - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amgen Inc to buy it.

The correlation of Amgen is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amgen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amgen Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Amgen can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Amgen

Details

Is Amgen Stock a good investment?

Details

What is Amgen's Net Worth?

Details

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You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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

0.621

Dividend Share

8.88

Earnings Share

7.82

Revenue Per Share

60.641

Quarterly Revenue Growth

0.232

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.

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Amgen Historical Balance Sheet

Amgen Inventory

9.99 Billion

About Amgen Balance Sheet Analysis

Amgen Balance Sheet Chart

Total Assets

Total Current Liabilities

Net Invested Capital

Amgen balance sheet Correlations

Amgen Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Amgen balance sheet Accounts

Pair Trading with Amgen

Moving together with Amgen Stock

Moving against Amgen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Non Current Liabilities Total
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Capital Stock	+ 0.99	Common Stock Total Equity
Net Receivables	+ 0.98	Other Current Liab

Retained Earnings	- 0.87	Other Current Liab
Cash	- 0.85	Retained Earnings
Net Receivables	- 0.82	Retained Earnings
Non Currrent Assets Other	- 0.82	Retained Earnings
Accounts Payable	- 0.81	Common Stock Shares Outstanding
Retained Earnings	- 0.81	Total Current Liabilities