Universal Music Group (UMG.AS)

Net assets on the balance sheet as of December 2023 : £2.59 Billion

According to Universal Music Group's latest financial reports the company has £2.59 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Universal Music Group - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$£2.08 B	22.44%
2021-12-31	$£1.70 B	15.51%
2020-12-31	$£1.47 B	-42.18%
2019-12-31	$£2.55 B	-5.75%
2018-12-31	$£2.70 B	-0.96%
2017-12-31	$£2.73 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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Universal Music Group (UMG.AS) - Net assets