Volvo Car (VOLCAR-B.ST)

Net assets on the balance sheet as of September 2024 : S$19.17 Billion

According to Volvo Car's latest financial reports the company has S$19.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Volvo Car - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$17.11 B	13.18%
2022-12-31	$S$15.12 B	7.06%
2021-12-31	$S$14.12 B	24.15%
2020-12-31	$S$11.37 B	23.89%
2019-12-31	$S$9.18 B	-1.45%
2018-12-31	$S$9.31 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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Volvo Car (VOLCAR-B.ST) - Net assets