Stock Analysis on Net

Biogen Inc. (NASDAQ:BIIB)

This company has been moved to the archive! The financial data has not been updated since October 25, 2022.

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Biogen Inc., consolidated balance sheet: assets

US$ in thousands

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Cash and cash equivalents 2,261,400 1,331,200 2,913,700 1,224,600 1,573,800
Marketable securities 1,541,100 1,278,900 1,562,200 2,313,400 2,115,200
Accounts receivable, net 1,549,400 1,913,800 1,880,500 1,958,500 1,787,000
Due from anti-CD20 therapeutic programs 412,300 413,500 590,200 526,900 532,600
Inventory 1,351,500 1,068,600 804,200 929,900 902,700
Other current assets 740,800 881,100 631,000 687,600 962,000
Current assets 7,856,500 6,887,100 8,381,800 7,640,900 7,873,300
Marketable securities 892,000 772,100 1,408,100 1,375,900 3,057,300
Property, plant and equipment, net 3,416,400 3,411,500 3,247,300 3,601,200 3,182,400
Operating lease assets 375,400 433,300 427,000
Intangible assets, net 2,221,300 3,084,300 3,527,400 3,120,000 3,879,600
Goodwill 5,761,100 5,762,100 5,757,800 5,706,400 4,632,500
Deferred tax asset 1,415,100 1,369,500 3,232,100 2,153,900 595,900
Investments and other assets 1,939,500 2,899,000 1,252,800 1,690,600 431,600
Long-term assets 16,020,800 17,731,800 18,852,500 17,648,000 15,779,300
Total assets 23,877,300 24,618,900 27,234,300 25,288,900 23,652,600

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Biogen Inc. current assets decreased from 2019 to 2020 but then increased from 2020 to 2021 not reaching 2019 level.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Biogen Inc. property, plant and equipment, net increased from 2019 to 2020 and from 2020 to 2021.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Biogen Inc. long-term assets decreased from 2019 to 2020 and from 2020 to 2021.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Biogen Inc. total assets decreased from 2019 to 2020 and from 2020 to 2021.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Biogen Inc. cash and cash equivalents decreased from 2019 to 2020 but then increased from 2020 to 2021 not reaching 2019 level.
Marketable securities Amount of investment in marketable security, classified as current. Biogen Inc. marketable securities decreased from 2019 to 2020 but then increased from 2020 to 2021 not reaching 2019 level.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Biogen Inc. accounts receivable, net increased from 2019 to 2020 but then decreased significantly from 2020 to 2021.
Inventory Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Biogen Inc. inventory increased from 2019 to 2020 and from 2020 to 2021.