TORM (TRMD) - Net Assets

Net assets on the balance sheet as of June 2024 : C$2.77 B

According to TORM's latest financial reports the company has C$2.77 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TORM - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$2.20 B	8.3%
2022-12-31	$C$2.04 B	53.23%
2021-12-31	$C$1.33 B	2.63%
2020-12-31	$C$1.29 B	-0.68%
2019-12-31	$C$1.30 B	13.03%
2018-12-31	$C$1.15 B	16.21%
2017-12-31	$C$0.99 B	-5.19%
2016-12-31	$C$1.04 B	-22.6%
2015-12-31	$C$1.35 B	148.89%
2014-12-31	$C$0.54 B	334.87%
2013-12-31	$C$0.12 B	-53%
2012-12-31	$C$0.26 B	-59.32%
2011-12-31	$C$0.65 B	-41.34%
2010-12-31	$C$1.11 B	-15%
2009-12-31	$C$1.31 B	-15.95%
2008-12-31	$C$1.56 B	47.42%
2007-12-31	$C$1.06 B	-28.91%
2006-12-31	$C$1.49 B	41.59%
2005-12-31	$C$1.05 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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TORM (TRMD) - Net assets