Hermès (RMS.PA) - Net assets

Net assets on the balance sheet as of December 2023 : €16.21 Billion

According to Hermès's latest financial reports the company has €16.21 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hermès - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$€15.20 B	22.06%
2022-12-31	$€12.45 B	32.34%
2021-12-31	$€9.41 B	27.34%
2020-12-31	$€7.39 B	12.41%
2019-12-31	$€6.57 B	20.11%
2018-12-31	$€5.47 B	9.25%
2017-12-31	$€5.01 B	14.29%
2016-12-31	$€4.38 B	16.97%
2015-12-31	$€3.74 B	8.39%
2014-12-31	$€3.45 B	21.73%
2013-12-31	$€2.84 B	20.49%
2012-12-31	$€2.35 B	1.4%
2011-12-31	$€2.32 B	7.51%
2010-12-31	$€2.16 B	19.91%
2009-12-31	$€1.80 B	12.57%
2008-12-31	$€1.60 B	8.64%
2007-12-31	$€1.47 B	3.57%
2006-12-31	$€1.42 B	1.61%
2005-12-31	$€1.40 B	8.71%
2004-12-31	$€1.28 B	9.51%
2003-12-31	$€1.17 B	11.33%
2002-12-31	$€1.05 B	14.22%
2001-12-31	$€0.92 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LVMH MC.PA	€66.87 B	312.37%	🇫🇷 France
Prada 1913.HK	€4.13 B	-74.50%	🇮🇹 Italy

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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