Genmab A/S (GMAB) quarterly balance sheet — complete assets, liabilities & equity history
Genmab A/S (GMAB) balance sheet — 24-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 3.19B | 2.8B | 2.57B | 2.88B | 4.47B | 3.91B | 3.65B | 27.85B | 23.7B | 21.94B | 34.37B | 33.14B | 33.03B | 29.75B | 28.23B | 28.22B | 28.74B | 25.49B | 23.18B | 22.74B |
| Cash & Short-Term Investments | 1.86B | 1.5B | 1.52B | 1.71B | 3.41B | 2.9B | 2.7B | 21.1B | 17.32B | 15.73B | 29.58B | 28.14B | 27.52B | 24.88B | 24.54B | 22.32B | 23.79B | 21.61B | 19.99B | 19.34B |
| Cash Only | 1.86B | 1.5B | 1.52B | 1.71B | 1.76B | 1.3B | 1.21B | 9.86B | 6.34B | 4.33B | 14.67B | 14.87B | 14.27B | 10.87B | 12.29B | 9.89B | 10.38B | 9.82B | 9.07B | 8.96B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 1.65B | 1.6B | 1.5B | 11.24B | 10.98B | 11.4B | 14.91B | 13.27B | 13.25B | 14.01B | 12.26B | 12.43B | 13.41B | 11.8B | 10.92B | 10.38B |
| Accounts Receivable | 1.3B | 1.28B | 1.03B | 1.15B | 1.05B | 997.79M | 930.82M | 6.69B | 6.31B | 6.17B | 4.68B | 4.95B | 5.43B | 4.69B | 3.2B | 5.71B | 4.95B | 3.88B | 2.85B | 3.37B |
| Days Sales Outstanding | 99.91 | 91.04 | 109.1 | 95.74 | 91.99 | 94.89 | 3.26K | 92.85 | 103.61 | 633.55 | 726.34 | 102.06 | 98.81 | 86.1 | 141.49 | 95.48 | 99.35 | 96.73 | 131.94 | 115.54 |
| Inventory | 30M | 18M | 21M | 17.96M | 14M | 13M | 12.12M | 62M | 71M | 36M | 106M | 57M | 70M | 51M | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 25.09 | 21.12 | 26.87 | 18.2 | 21.41 | 20.06 | 539.61 | 18.15 | 18.03 | 230.75 | 274.69 | 46.37 | 70.46 | 221 | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 124M | 488M | 182M | 0 | 0 | 341M | 31M |
| Total Non-Current Assets | 9.75B | 9.71B | 9.8B | 9.97B | 2.55B | 2.55B | 2.38B | 17.96B | 15.96B | 16.68B | 2.31B | 2.15B | 2.21B | 2.23B | 2.16B | 1.9B | 1.95B | 1.99B | 1.74B | 1.89B |
| Property, Plant & Equipment | 314M | 254M | 265M | 279.36M | 266M | 276.94M | 258.35M | 1.89B | 1.8B | 1.88B | 1.86B | 1.64B | 1.65B | 1.63B | 1.6B | 1.32B | 1.29B | 1.24B | 975M | 975M |
| Fixed Asset Turnover | 4.18x | 4.45x | 3.30x | 3.87x | 3.76x | 3.46x | 0.10x | 3.49x | 3.01x | 0.42x | 0.34x | 2.84x | 2.87x | 2.58x | 1.94x | 3.93x | 3.23x | 2.86x | 2.17x | 2.71x |
| Goodwill | 355M | 355M | 354.99M | 354.19M | 355M | 354.93M | 331.1M | 2.54B | 2.41B | 2.52B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 8.84B | 8.87B | 8.95B | 9.1B | 1.75B | 1.75B | 1.63B | 12.34B | 11.5B | 12.01B | 23M | 101M | 115M | 129M | 132M | 146M | 200M | 216M | 234M | 254M |
| Long-Term Investments | 39M | 36M | 62M | 58.87M | 36M | 34.99M | 32.64M | 228M | 189M | 196M | 153M | 134M | 156M | 183M | 140M | 133M | 155M | 201M | 239M | 371M |
| Other Non-Current Assets | 25M | 24M | 0 | 4 | 18M | 8M | 7.46M | 52M | 60M | 77M | 63M | 62M | 289M | 283M | 295M | 300M | 303M | 330M | 291M | 291M |
| Total Assets | 12.94B | 12.52B | 12.38B | 12.84B | 7.02B | 6.46B | 6.03B | 45.81B | 39.66B | 38.62B | 36.68B | 35.29B | 35.24B | 31.98B | 30.39B | 30.12B | 30.69B | 27.48B | 24.91B | 24.63B |
| Asset Turnover | 0.09x | 0.09x | 0.07x | 0.11x | 0.15x | 0.15x | 0.00x | 0.15x | 0.14x | 0.02x | 0.02x | 0.13x | 0.14x | 0.13x | 0.09x | 0.17x | 0.14x | 0.12x | 0.09x | 0.11x |
| Asset Growth % | 84.25% | 93.65% | 105.28% | -71.96% | -82.3% | -83.27% | -83.56% | 29.82% | 12.55% | 20.77% | 20.68% | 17.17% | 14.83% | 16.39% | 22% | 22.3% | 27.94% | 22.21% | 12.17% | 16.48% |
| Total Current Liabilities | 1.3B | 1.14B | 1.18B | 1.42B | 741M | 628.87M | 586.66M | 5.31B | 4.58B | 4.36B | 2.76B | 2.48B | 2.9B | 1.99B | 1.96B | 1.82B | 2.99B | 1.94B | 1.34B | 1.57B |
| Accounts Payable | 0 | 0 | 860.99M | 1.07B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 350M |
| Days Payables Outstanding | - | - | 1.33K | 1.22K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 318M | 294M | 293M | 273M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 19M | 21M | 24M | 23.95M | 3M | 6M | 5.6M | 24M | 39M | 33M | 33M | 33M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | -18M | -663.92K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.82B | 1.91B | 1.87B | 1.75B | 2.91B | 1.86B | 1.28B | 860M |
| Current Ratio | 2.45x | 2.46x | 2.18x | 2.02x | 6.03x | 6.22x | 6.22x | 5.25x | 5.17x | 5.03x | 12.46x | 13.34x | 11.38x | 14.93x | 14.44x | 15.48x | 9.62x | 13.11x | 17.31x | 14.50x |
| Quick Ratio | 2.43x | 2.44x | 2.17x | 2.01x | 6.01x | 6.20x | 6.20x | 5.24x | 5.15x | 5.02x | 12.42x | 13.32x | 11.36x | 14.90x | 14.44x | 15.48x | 9.62x | 13.11x | 17.31x | 14.50x |
| Cash Conversion Cycle | - | - | -1.19K | -1.1K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 5.3B | 5.42B | 5.52B | 5.59B | 529M | 532.89M | 497.12M | 3.81B | 3.15B | 3.29B | 1.42B | 1.2B | 1.22B | 1.23B | 1.25B | 1.01B | 1.04B | 1.05B | 856M | 863M |
| Long-Term Debt | 4.67B | 4.84B | 4.93B | 5B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 176M | 120M | 125M | 133.69M | 126M | 131.97M | 123.11M | 937M | 896M | 925M | 918M | 680M | 710M | 721M | 740M | 523M | 550M | 554M | 356M | 363M |
| Deferred Tax Liabilities | 365M | 364M | 364.99M | 363.17M | 330M | 329.93M | 307.79M | 2.36B | 1.76B | 1.85B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 7M | 5M | 5M | 5M | 6M | 4M | 3.73M | 30M | 29M | 28M | 26M | 35M | 514M | 509M | 509M | 491M | 491M | 496M | 500M | 500M |
| Total Liabilities | 6.6B | 6.56B | 6.69B | 7.01B | 1.27B | 1.16B | 1.08B | 9.11B | 7.74B | 7.65B | 4.18B | 3.68B | 4.13B | 3.22B | 3.2B | 2.84B | 4.03B | 2.99B | 2.19B | 2.43B |
| Total Debt | 5.2B | 5.27B | 5.35B | 5.43B | 142M | 147.97M | 138.04M | 1.03B | 987M | 1.02B | 1.01B | 770M | 793M | 803M | 829M | 597M | 629M | 634M | 416M | 425M |
| Net Debt | 3.34B | 3.77B | 3.83B | 3.71B | -1.62B | -1.15B | -1.07B | -8.83B | -5.36B | -3.31B | -13.66B | -14.1B | -13.48B | -10.07B | -11.46B | -9.3B | -9.75B | -9.18B | -8.65B | -8.53B |
| Debt / Equity | 0.82x | 0.89x | 0.94x | 0.93x | 0.02x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.02x | 0.03x | 0.03x | 0.03x | 0.02x | 0.02x | 0.03x | 0.02x | 0.02x |
| Debt / EBITDA | 11.11x | 12.18x | 28.66x | 54.97x | 0.30x | 0.39x | 4.61x | 0.47x | 0.45x | 4.08x | 7.83x | 0.45x | 0.45x | 0.53x | 1.76x | 0.23x | 0.32x | 0.48x | 0.72x | 0.49x |
| Net Debt / EBITDA | 7.13x | 8.71x | 20.52x | 37.64x | -3.39x | -3.05x | -35.79x | -4.06x | -2.42x | -13.25x | -105.89x | -8.15x | -7.62x | -6.62x | -24.33x | -3.54x | -4.89x | -7.01x | -15.03x | -9.80x |
| Interest Coverage | 4.19x | 3.68x | 1.66x | 2.25x | 161.67x | 48.00x | 49.80x | 41.98x | 117.72x | 16.32x | 63.25x | 155.33x | 334.88x | 209.71x | 69.50x | 522.60x | 321.83x | 207.83x | 154.00x | 323.00x |
| Total Equity | 6.33B | 5.96B | 5.68B | 5.83B | 5.75B | 5.3B | 4.95B | 36.7B | 31.92B | 30.97B | 32.5B | 31.61B | 31.11B | 28.75B | 27.19B | 27.28B | 26.66B | 24.48B | 22.72B | 22.2B |
| Equity Growth % | 10.12% | 12.38% | 14.9% | -84.1% | -81.98% | -82.88% | -84.78% | 16.09% | 2.6% | 7.7% | 19.52% | 15.86% | 16.71% | 17.45% | 19.68% | 22.91% | 25.24% | 20.89% | 13.06% | 16.08% |
| Book Value per Share | 10.20 | 9.65 | 8.90 | 8.67 | 9.26 | 8.55 | 7.73 | 57.20 | 49.20 | 47.73 | 49.49 | 48.05 | 47.23 | 43.67 | 41.30 | 41.29 | 40.44 | 37.11 | 34.45 | 33.56 |
| Total Shareholders' Equity | 6.33B | 5.96B | 5.68B | 5.83B | 5.75B | 5.3B | 4.95B | 36.7B | 31.92B | 30.97B | 32.5B | 31.61B | 31.11B | 28.75B | 27.19B | 27.28B | 26.66B | 24.48B | 22.72B | 22.2B |
| Common Stock | 10M | 10M | 10M | 9.98M | 10M | 10M | 9.33M | 66M | 66M | 66M | 66M | 66M | 66M | 66M | 66M | 66M | 66M | 66M | 66M | 66M |
| Retained Earnings | 4.8B | 4.42B | 4.09B | 4.09B | 4.03B | 3.6B | 3.36B | 23.55B | 19.62B | 18.13B | 19.8B | 19.02B | 18.45B | 16.16B | 14.67B | 14.81B | 14.3B | 12.24B | 10.51B | 10.02B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -414M | -397M | -339.99M | -180.59M | -204M | -209.96M | -195.86M | 490M | -346M | 234M | 108M | 60M | 142M | 112M | 117M | 98M | 151M | 110M | 97M | 81M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |