TORM (TRMD) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$3.48 Billion

According to TORM's latest financial reports the company has NZ$3.48 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	$NZ$2.63 B	11.23%
2022-12-31	$NZ$2.36 B	53.75%
2021-12-31	$NZ$1.54 B	9.24%
2020-12-31	$NZ$1.41 B	-5.75%
2019-12-31	$NZ$1.49 B	18.46%
2018-12-31	$NZ$1.26 B	13.4%
2017-12-31	$NZ$1.11 B	-1.16%
2016-12-31	$NZ$1.12 B	-20.98%
2015-12-31	$NZ$1.42 B	137.97%
2014-12-31	$NZ$0.59 B	318.35%
2013-12-31	$NZ$0.14 B	-55.92%
2012-12-31	$NZ$0.32 B	-60.61%
2011-12-31	$NZ$0.82 B	-42.93%
2010-12-31	$NZ$1.44 B	-15.78%
2009-12-31	$NZ$1.71 B	-22.12%
2008-12-31	$NZ$2.20 B	56.13%
2007-12-31	$NZ$1.41 B	-22.36%
2006-12-31	$NZ$1.81 B	37.36%
2005-12-31	$NZ$1.32 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