Fortum (FORTUM.HE) - Net Assets

Net assets on the balance sheet as of June 2024 : $9.17 B

According to Fortum's latest financial reports the company has $9.17 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$$9.39 B	13.19%
2022-12-31	$$8.29 B	-46.62%
2021-12-31	$$15.54 B	-18.35%
2020-12-31	$$19.04 B	28.14%
2019-12-31	$$14.85 B	7.41%
2018-12-31	$$13.83 B	-13.22%
2017-12-31	$$15.94 B	11.91%
2016-12-31	$$14.24 B	-5.87%
2015-12-31	$$15.13 B	13.7%
2014-12-31	$$13.31 B	-4.84%
2013-12-31	$$13.98 B	-0.56%
2012-12-31	$$14.06 B	6.6%
2011-12-31	$$13.19 B	13.77%
2010-12-31	$$11.59 B	-4.58%
2009-12-31	$$12.15 B	2.44%
2008-12-31	$$11.86 B	-6.96%
2007-12-31	$$12.75 B	18.44%
2006-12-31	$$10.76 B	22.66%
2005-12-31	$$8.77 B	-24.1%
2004-12-31	$$11.56 B	39.49%
2003-12-31	$$8.29 B	8.24%
2002-12-31	$$7.66 B	28.41%
2001-12-31	$$5.96 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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Fortum (FORTUM.HE) - Net assets