TORM (TRMD) - Net Assets

Net assets on the balance sheet as of June 2024 : €1.94 Billion

According to TORM's latest financial reports the company has €1.94 Billion 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	$€1.50 B	7.51%
2022-12-31	$€1.40 B	50.88%
2021-12-31	$€0.92 B	12.31%
2020-12-31	$€0.82 B	-8.04%
2019-12-31	$€0.89 B	21.46%
2018-12-31	$€0.74 B	12.33%
2017-12-31	$€0.65 B	-11.16%
2016-12-31	$€0.74 B	-16.86%
2015-12-31	$€0.89 B	131.22%
2014-12-31	$€0.38 B	352.93%
2013-12-31	$€85.23 M	-57.83%
2012-12-31	$€0.20 B	-59.24%
2011-12-31	$€0.49 B	-40.87%
2010-12-31	$€0.83 B	-3.64%
2009-12-31	$€0.87 B	-4.88%
2008-12-31	$€0.91 B	23.54%
2007-12-31	$€0.74 B	-23.71%
2006-12-31	$€0.97 B	27.11%
2005-12-31	$€0.76 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