Lumen (LUMN) - Net Assets

Net assets on the balance sheet as of September 2024 : C$0.47 Billion

According to Lumen's latest financial reports the company has C$0.47 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lumen - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.55 B	-96.07%
2022-12-31	$C$14.07 B	-6.71%
2021-12-31	$C$15.08 B	6.02%
2020-12-31	$C$14.23 B	-19.1%
2019-12-31	$C$17.59 B	-34.87%
2018-12-31	$C$27.00 B	-8.55%
2017-12-31	$C$29.53 B	64.02%
2016-12-31	$C$18.00 B	-7.68%
2015-12-31	$C$19.50 B	11.87%
2014-12-31	$C$17.43 B	-4.73%
2013-12-31	$C$18.29 B	-4.59%
2012-12-31	$C$19.18 B	-9.46%
2011-12-31	$C$21.18 B	119.69%
2010-12-31	$C$9.64 B	-3.19%
2009-12-31	$C$9.96 B	158.61%
2008-12-31	$C$3.85 B	12.99%
2007-12-31	$C$3.40 B	-8.51%
2006-12-31	$C$3.72 B	-11.73%
2005-12-31	$C$4.22 B	3.07%
2004-12-31	$C$4.09 B	-9.24%
2003-12-31	$C$4.51 B	-7.48%
2002-12-31	$C$4.87 B	30.98%
2001-12-31	$C$3.72 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Lumen (LUMN) - Net assets