Abbott Laboratories

NYSE ABT

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Abbott Laboratories Non-current Assets to Total Assets Ratio 1 year YoY Change (%) for the quarter ending March 31, 2024: 3.65%

Abbott Laboratories Non-current Assets to Total Assets Ratio 1 year YoY Change (%) is 3.65% for the quarter ending March 31, 2024, a 250.91% change year over year. The non-current assets to total assets ratio measures the proportion of a company's non-current assets to its total assets. It is calculated by dividing the total non-current assets by the total assets. This ratio provides insights into the composition of a company's asset base and the extent to which it relies on non-current assets, such as property, plant, and equipment, to generate revenue. A higher ratio suggests a greater proportion of non-current assets, indicating potential long-term stability and investment in fixed assets. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Abbott Laboratories Non-current Assets to Total Assets Ratio for the quarter ending March 31, 2023 was 0.67, a -2.42% change year over year.
  • Abbott Laboratories Non-current Assets to Total Assets Ratio for the quarter ending March 31, 2022 was 0.68, a -2.40% change year over year.
  • Abbott Laboratories Non-current Assets to Total Assets Ratio for the quarter ending March 31, 2021 was 0.70, a -8.78% change year over year.
  • Abbott Laboratories Non-current Assets to Total Assets Ratio for the quarter ending March 31, 2020 was 0.77, a -2.44% change year over year.
NYSE: ABT

Abbott Laboratories

CEO Mr. Robert B. Ford
IPO Date Jan. 13, 1978
Location United States
Headquarters 100 Abbott Park Road, North Chicago, IL, United States, 60064-6400
Employees 114,000
Sector Healthcare
Industry Medical devices
Description

Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide. It operates in four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. The company provides generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency, irritable bowel syndrome or biliary spasm, intrahepatic cholestasis or depressive symptoms, gynecological disorder, hormone replacement therapy, dyslipidemia, hypertension, hypothyroidism, Ménière's disease and vestibular vertigo, pain, fever, inflammation, and migraine, as well as provides anti-infective clarithromycin, influenza vaccine, and products to regulate physiological rhythm of the colon. It also offers laboratory and transfusion medicine systems in the areas of immunoassay, clinical chemistry, hematology, and transfusion; molecular diagnostics polymerase chain reaction instrument systems that automate the extraction, purification, and preparation of DNA and RNA from patient samples, and detect and measure infectious agents; point of care systems; cartridges for testing blood gas, chemistry, electrolytes, coagulation, and immunoassay; rapid diagnostics lateral flow testing products; molecular point-of-care testing for HIV, SARS-CoV-2, influenza A and B, RSV, and strep A; cardiometabolic test systems; drug and alcohol test, and remote patient monitoring and consumer self-test systems; and informatics and automation solutions for laboratories. In addition, the company provides pediatric and adult nutritional products; rhythm management, electrophysiology, heart failure, vascular, and structural heart devices for the treatment of cardiovascular diseases; diabetes care products, such as glucose and blood glucose monitoring systems; and neuromodulation devices for the management of chronic pain and movement disorders. Abbott Laboratories was founded in 1888 and is based in North Chicago, Illinois.

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StockViz Staff

September 19, 2024

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