LVMH (MC.PA) - Net assets

Net assets on the balance sheet as of December 2023 : A$107.24 Billion

According to LVMH's latest financial reports the company has A$107.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

LVMH - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$101.73 B	14.02%
2022-12-31	$A$89.22 B	16.78%
2021-12-31	$A$76.40 B	23.01%
2020-12-31	$A$62.11 B	1.18%
2019-12-31	$A$61.38 B	11.32%
2018-12-31	$A$55.14 B	18.11%
2017-12-31	$A$46.68 B	14.68%
2016-12-31	$A$40.70 B	5.13%
2015-12-31	$A$38.72 B	13.27%
2014-12-31	$A$34.18 B	-20.88%
2013-12-31	$A$43.20 B	33.07%
2012-12-31	$A$32.46 B	9.43%
2011-12-31	$A$29.67 B	24.47%
2010-12-31	$A$23.83 B	1.09%
2009-12-31	$A$23.58 B	-13.72%
2008-12-31	$A$27.33 B	31.62%
2007-12-31	$A$20.76 B	7%
2006-12-31	$A$19.40 B	14.34%
2005-12-31	$A$16.97 B	11.62%
2004-12-31	$A$15.20 B	2.38%
2003-12-31	$A$14.85 B	-9.46%
2002-12-31	$A$16.40 B	8.96%
2001-12-31	$A$15.05 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Ralph Lauren RL	A$3.77 B	-96.48%	🇺🇸 USA
Nordstrom JWN	A$1.46 B	-98.63%	🇺🇸 USA
Hermès RMS.PA	A$26.00 B	-75.75%	🇫🇷 France
Prada 1913.HK	A$6.63 B	-93.82%	🇮🇹 Italy

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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