Hermès (RMS.PA) - Net assets

Net assets on the balance sheet as of December 2023 : $16.80 Billion USD

According to Hermès's latest financial reports the company has $16.80 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hermès - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$$16.80 B	25.79%
2022-12-31	$$13.36 B	25.35%
2021-12-31	$$10.66 B	17.25%
2020-12-31	$$9.09 B	23.42%
2019-12-31	$$7.36 B	17.62%
2018-12-31	$$6.26 B	4.16%
2017-12-31	$$6.01 B	30.37%
2016-12-31	$$4.61 B	12.52%
2015-12-31	$$4.09 B	-2.55%
2014-12-31	$$4.20 B	7.2%
2013-12-31	$$3.92 B	25.79%
2012-12-31	$$3.11 B	3.29%
2011-12-31	$$3.02 B	4.96%
2010-12-31	$$2.87 B	11.33%
2009-12-31	$$2.58 B	15.36%
2008-12-31	$$2.24 B	4.02%
2007-12-31	$$2.15 B	14.61%
2006-12-31	$$1.87 B	13.18%
2005-12-31	$$1.66 B	-5.07%
2004-12-31	$$1.74 B	17.99%
2003-12-31	$$1.48 B	34.08%
2002-12-31	$$1.10 B	35.2%
2001-12-31	$$0.81 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LVMH MC.PA	$69.31 B	312.37%	🇫🇷 France
Prada 1913.HK	$4.28 B	-74.50%	🇮🇹 Italy

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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