Total assets of Azerbaijani companies grew by 5%

17:32 - 9.12.2024


December 9, Fineko/abc.az. The total assets of companies in Azerbaijan increased to 328.728 billion manats by January 1, 2024.

ABC.AZ informs that the indicator is 16.742 billion manats, or 5% more than a year earlier.

245.255 million manats of assets were long-term assets and 83.473 billion manats - short-term assets.

The largest part of companies' assets accounted for land, structures and equipment. Thus, over the past year, the volume of these assets, which are fixed assets, increased from 182.933 billion manats to 194.887 billion manats.

Net assets (total equity) of the companies amounted to 237.78 billion manats, an increase of 7% compared to last year, including 47.853 billion manats of authorized capital and 15.526 billion manats of retained earnings.