Universal Music Group (UMG.AS)

Net assets on the balance sheet as of December 2023 : NZ$5.59 Billion

According to Universal Music Group's latest financial reports the company has NZ$5.59 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	$NZ$3.97 B	18.06%
2021-12-31	$NZ$3.36 B	20.84%
2020-12-31	$NZ$2.78 B	-43.9%
2019-12-31	$NZ$4.96 B	-3.02%
2018-12-31	$NZ$5.11 B	-1.51%
2017-12-31	$NZ$5.19 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