Does Pfizer have a lot of debt?
What is the total debt of Pfizer
Total debt on the balance sheet as of December 2023 : $34.87 B. According to Pfizer's latest financial reports the company's total debt is $34.87 B. A company's total debt is the sum of all current and non-current debts.
What is Pfizer’s long term debt
Pfizer long term debt for the quarter ending March 31, 2023 was $31.704B, a 11.08% decline year-over-year. Pfizer long term debt for 2023 was $32.884B, a 9.15% decline from 2023. Pfizer long term debt for 2023 was $36.195B, a 2.53% decline from 2023.
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What is Pfizer debt to equity
Current and historical debt to equity ratio values for Pfizer (PFE) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Pfizer debt/equity for the three months ending March 31, 2023 was 0.31.
Which funds own Pfizer
Hedge funds don't have many shares in Pfizer. The Vanguard Group, Inc. is currently the largest shareholder, with 8.9% of shares outstanding. With 7.8% and 5.7% of the shares outstanding respectively, BlackRock, Inc. and Capital Research and Management Company are the second and third largest shareholders.
How much Pfizer profit from COVID
The Covid pandemic drives Pfizer's 2023 revenue to a record $100 billion. Pfizer sold $37.8 billion of its Covid vaccine last year, a small increase of 3% compared with 2023 as demand for the shots slowed.
How profitable is Pfizer
Three-year summary for the years ended December 31
| Millions (Except Per Common Share Data) | ||
|---|---|---|
| 2023 | 2023 | |
| Revenues | $81,288 | $40,905 |
| Reported net income (1) | $21,979 | $16,026 |
| Reported diluted EPS (1) | $3.85 | $2.82 |
Is Pfizer debt free
What Is Pfizer's Net Debt You can click the graphic below for the historical numbers, but it shows that Pfizer had US$36.2b of debt in December 2023, down from US$38.4b, one year before. However, it also had US$22.7b in cash, and so its net debt is US$13.4b.
Is long term debt a bad thing
Long-term debt is a better option if you want to spread your payments out over a lengthy period of time and make low monthly payments. Remember that your interest rates will be higher than if you use short-term debt and will pay a higher overall cost.
Is Pfizer a debt free company
What Is Pfizer's Net Debt You can click the graphic below for the historical numbers, but it shows that Pfizer had US$36.2b of debt in December 2023, down from US$38.4b, one year before. However, it also had US$22.7b in cash, and so its net debt is US$13.4b.
Who owns most of Pfizer
The top shareholders of Pfizer are Frank A. D'Amelio, Mikael Dolsten, Albert Bourla, Vanguard Group Inc., BlackRock Inc. (BLK), and State Street Corp. (STT).
What is Pfizer’s net worth
Interactive chart of historical net worth (market cap) for Pfizer (PFE) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Pfizer net worth as of June 09, 2023 is $220B.
What was Pfizer sued for
Arbutus Biopharma and its licensee Genevant Sciences sued Pfizer and BioNTech for patent infringement earlier this month, intensifying an ongoing intellectual property battle over the technology underlying COVID-19 messenger RNA (mRNA) vaccines.
How much money has Pfizer made off COVID vaccine
The Covid pandemic drives Pfizer's 2023 revenue to a record $100 billion. Pfizer sold $37.8 billion of its Covid vaccine last year, a small increase of 3% compared with 2023 as demand for the shots slowed.
Does Pfizer make money
Pfizer develops and manufactures drug treatments to promote health and prevent disease. The company's vaccine products generate the most revenue, primarily driven by sales of its vaccine against COVID-19.
Does debt go away after 10 years
A debt doesn't generally expire or disappear until its paid, but in many states, there may be a time limit on how long creditors or debt collectors can use legal action to collect a debt.
How do rich people use debt to get richer
How do rich people use debt to their advantage Rich people use debt to multiply returns on their capital through low interest loans and expanding their control of assets. With a big enough credit line their capital and assets are just securing loans to be used in investing and business.
What is Pfizer’s criminal history
Pfizer has been a “habitual offender,” persistently engaging in illegal and corrupt marketing practices, bribing physicians and suppressing adverse trial results. Since 2002 the company and its subsidiaries have been assessed $3 billion in criminal convictions, civil penalties and jury awards.
What was Pfizer’s biggest criminal fine in history
While the criminal fine of £1.7 billion ($2.3 billion) levied against Pfizer in 2009 was considerably less than the large fines handed out to companies like Tepco, BP and Bank of America, the fine still set a new record at the time as the largest healthcare fraud settlement and criminal fine to date.
Did Pfizer pay record $2.3 billion penalty
(hereinafter together "Pfizer") have agreed to pay $2.3 billion, the largest health care fraud settlement in the history of the Department of Justice, to resolve criminal and civil liability arising from the illegal promotion of certain pharmaceutical products, the Justice Department announced today.
How much did Pfizer profit during COVID
The ongoing Covid-19 pandemic propelled pharmaceutical company Pfizer's earnings to a record $100 billion last year, almost $57 billion of which was driven by its vaccine and antiviral pill Paxlovid, the company reported Tuesday.