TORM (TRMD) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$15.90 Billion

According to TORM's latest financial reports the company has HK$15.90 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$13.01 B	10.75%
2022-12-31	$HK$11.74 B	43.2%
2021-12-31	$HK$8.20 B	4.02%
2020-12-31	$HK$7.88 B	0.51%
2019-12-31	$HK$7.84 B	18.29%
2018-12-31	$HK$6.63 B	7.35%
2017-12-31	$HK$6.18 B	2.1%
2016-12-31	$HK$6.05 B	-19.98%
2015-12-31	$HK$7.56 B	107.72%
2014-12-31	$HK$3.64 B	298.99%
2013-12-31	$HK$0.91 B	-55.95%
2012-12-31	$HK$2.07 B	-58.56%
2011-12-31	$HK$5.00 B	-42.38%
2010-12-31	$HK$8.67 B	-10.21%
2009-12-31	$HK$9.66 B	-2.19%
2008-12-31	$HK$9.88 B	17.23%
2007-12-31	$HK$8.43 B	-15.37%
2006-12-31	$HK$9.96 B	42.03%
2005-12-31	$HK$7.01 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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TORM (TRMD) - Net assets