TORM (TRMD) - Net Assets

Net assets on the balance sheet as of June 2024 : A$3.07 Billion

According to TORM's latest financial reports the company has A$3.07 Billion 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	$A$2.44 B	10.66%
2022-12-31	$A$2.20 B	52.25%
2021-12-31	$A$1.45 B	9.68%
2020-12-31	$A$1.32 B	-8.06%
2019-12-31	$A$1.43 B	19.68%
2018-12-31	$A$1.20 B	18.69%
2017-12-31	$A$1.01 B	-6.43%
2016-12-31	$A$1.08 B	-19.17%
2015-12-31	$A$1.33 B	133.52%
2014-12-31	$A$0.57 B	334.74%
2013-12-31	$A$0.13 B	-48.7%
2012-12-31	$A$0.25 B	-59.03%
2011-12-31	$A$0.62 B	-42.81%
2010-12-31	$A$1.09 B	-20.89%
2009-12-31	$A$1.38 B	-23.44%
2008-12-31	$A$1.81 B	46.58%
2007-12-31	$A$1.23 B	-23.89%
2006-12-31	$A$1.62 B	31.42%
2005-12-31	$A$1.23 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