TORM (TRMD) - Net Assets

Net assets on the balance sheet as of June 2024 : $2.04 Billion USD

According to TORM's latest financial reports the company has $2.04 Billion USD 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	$$1.66 B	10.79%
2022-12-31	$$1.50 B	42.91%
2021-12-31	$$1.05 B	3.41%
2020-12-31	$$1.01 B	0.97%
2019-12-31	$$1.00 B	18.94%
2018-12-31	$$0.84 B	7.1%
2017-12-31	$$0.79 B	1.34%
2016-12-31	$$0.78 B	-20.02%
2015-12-31	$$0.97 B	107.87%
2014-12-31	$$0.46 B	298.88%
2013-12-31	$$0.11 B	-55.97%
2012-12-31	$$0.26 B	-58.48%
2011-12-31	$$0.64 B	-42.27%
2010-12-31	$$1.11 B	-10.54%
2009-12-31	$$1.24 B	-2.52%
2008-12-31	$$1.27 B	18.29%
2007-12-31	$$1.08 B	-15.58%
2006-12-31	$$1.28 B	41.58%
2005-12-31	$$0.90 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