Cummins (CMI) - Net assets

Net assets on the balance sheet as of September 2024 : $11.34 Billion USD

According to Cummins 's latest financial reports the company has $11.34 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$$9.90 B	-3.14%
2022-12-31	$$10.22 B	8.77%
2021-12-31	$$9.40 B	4.58%
2020-12-31	$$8.98 B	6.19%
2019-12-31	$$8.46 B	2.49%
2018-12-31	$$8.25 B	1.16%
2017-12-31	$$8.16 B	13.8%
2016-12-31	$$7.17 B	-7.43%
2015-12-31	$$7.75 B	-4.24%
2014-12-31	$$8.09 B	2.83%
2013-12-31	$$7.87 B	12.85%
2012-12-31	$$6.97 B	19.6%
2011-12-31	$$5.83 B	16.71%
2010-12-31	$$4.99 B	24.28%
2009-12-31	$$4.02 B	15.52%
2008-12-31	$$3.48 B	-6%
2007-12-31	$$3.70 B	21.14%
2006-12-31	$$3.05 B	46.29%
2005-12-31	$$2.08 B	29.83%
2004-12-31	$$1.60 B	50.09%
2003-12-31	$$1.07 B	14.9%
2002-12-31	$$0.93 B	-12.56%
2001-12-31	$$1.06 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Caterpillar CAT	$19.40 B	71.09%	🇺🇸 USA
BorgWarner BWA	$6.35 B	-43.99%	🇺🇸 USA
General Electric GE	$19.10 B	68.44%	🇺🇸 USA
CNH Industrial CNH	$7.76 B	-31.50%	🇬🇧 UK
Paccar PCAR	$18.66 B	64.57%	🇺🇸 USA

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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