Fortum (FORTUM.HE) - Net assets

Net assets on the balance sheet as of September 2024 : A$15.41 Billion

According to Fortum's latest financial reports the company has A$15.41 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$13.78 B	13.06%
2022-12-31	$A$12.19 B	-42.87%
2021-12-31	$A$21.34 B	-14.33%
2020-12-31	$A$24.91 B	17.68%
2019-12-31	$A$21.17 B	7.97%
2018-12-31	$A$19.61 B	-3.96%
2017-12-31	$A$20.42 B	3.33%
2016-12-31	$A$19.76 B	-5.02%
2015-12-31	$A$20.80 B	28.04%
2014-12-31	$A$16.25 B	3.66%
2013-12-31	$A$15.67 B	15.71%
2012-12-31	$A$13.54 B	5.27%
2011-12-31	$A$12.86 B	12.42%
2010-12-31	$A$11.44 B	-15.47%
2009-12-31	$A$13.54 B	-18.75%
2008-12-31	$A$16.66 B	15.36%
2007-12-31	$A$14.44 B	5.76%
2006-12-31	$A$13.66 B	13.85%
2005-12-31	$A$11.99 B	-10.53%
2004-12-31	$A$13.40 B	19.27%
2003-12-31	$A$11.24 B	-17.31%
2002-12-31	$A$13.59 B	16.32%
2001-12-31	$A$11.68 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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