Cummins (CMI) - Net assets

Net assets on the balance sheet as of September 2024 : £9.02 Billion

According to Cummins 's latest financial reports the company has £9.02 Billion 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	$£7.77 B	-8.02%
2022-12-31	$£8.45 B	21.35%
2021-12-31	$£6.96 B	5.61%
2020-12-31	$£6.59 B	2.16%
2019-12-31	$£6.45 B	-0.78%
2018-12-31	$£6.50 B	7.71%
2017-12-31	$£6.04 B	3.9%
2016-12-31	$£5.81 B	11.17%
2015-12-31	$£5.22 B	0.61%
2014-12-31	$£5.19 B	8.95%
2013-12-31	$£4.77 B	10.58%
2012-12-31	$£4.31 B	15.01%
2011-12-31	$£3.75 B	15.92%
2010-12-31	$£3.23 B	30.28%
2009-12-31	$£2.48 B	4.62%
2008-12-31	$£2.37 B	27.42%
2007-12-31	$£1.86 B	19.44%
2006-12-31	$£1.56 B	28.79%
2005-12-31	$£1.21 B	44.54%
2004-12-31	$£0.83 B	39.85%
2003-12-31	$£0.59 B	2.99%
2002-12-31	$£0.58 B	-20.93%
2001-12-31	$£0.73 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Caterpillar CAT	£15.43 B	71.09%	🇺🇸 USA
BorgWarner BWA	£5.05 B	-43.99%	🇺🇸 USA
General Electric GE	£15.19 B	68.44%	🇺🇸 USA
CNH Industrial CNH	£6.18 B	-31.50%	🇬🇧 UK
Paccar PCAR	£14.84 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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