Fortum (FORTUM.HE) - Net Assets

Net assets on the balance sheet as of September 2024 : $9.58 Billion USD

According to Fortum's latest financial reports the company has $9.58 Billion USD 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	-46.37%
2021-12-31	$$15.47 B	-19.23%
2020-12-31	$$19.15 B	29.24%
2019-12-31	$$14.82 B	7.3%
2018-12-31	$$13.81 B	-13.34%
2017-12-31	$$15.94 B	11.91%
2016-12-31	$$14.24 B	-6.02%
2015-12-31	$$15.15 B	13.98%
2014-12-31	$$13.29 B	-4.89%
2013-12-31	$$13.98 B	-0.68%
2012-12-31	$$14.07 B	6.69%
2011-12-31	$$13.19 B	13.48%
2010-12-31	$$11.62 B	-4.42%
2009-12-31	$$12.16 B	3.46%
2008-12-31	$$11.75 B	-6.91%
2007-12-31	$$12.63 B	17.3%
2006-12-31	$$10.76 B	22.66%
2005-12-31	$$8.77 B	-15.4%
2004-12-31	$$10.37 B	24.17%
2003-12-31	$$8.35 B	9.1%
2002-12-31	$$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