Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | N/A | $174,894 | $182,018 | $167,558 | $180,104 |
Liabilities | N/A | $111,616 | $107,995 | $98,784 | $108,614 |
Equity | N/A | $63,278 | $74,023 | $68,774 | $71,490 |
Edwyn
Over the past five years, Johnson & Johnson has shown a general upward trend in its financial position. The total assets of the company have increased steadily from $174.9 billion in 2021 to $180.1 billion in 2024. This growth in assets indicates the company's ability to expand its operations and invest in new opportunities. On the other hand, total liabilities have also increased, from $111.6 billion in 2021 to $108.6 billion in 2024. However, this increase has been manageable compared to the growth in assets, which has contributed to a growth in stockholders' equity from $63.3 billion in 2021 to $71.5 billion in 2024. One noteworthy fluctuation occurred in 2023 when total assets decreased to $167.6 billion, while total liabilities decreased as well. This could be attributed to various factors such as changes in market conditions, strategic decisions by the company, or macroeconomic factors affecting the industry. Overall, Johnson & Johnson's financial position appears stable and resilient, with a healthy balance between assets, liabilities, and equity. The company's ability to maintain a strong equity position indicates investor confidence and a solid foundation for future growth and sustainability in the industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.