Hermès (RMS.PA) - Net assets

Net assets on the balance sheet as of December 2023 : C$23.61 Billion

According to Hermès's latest financial reports the company has C$23.61 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$C$22.29 B	22.95%
2022-12-31	$C$18.13 B	33.46%
2021-12-31	$C$13.58 B	17.19%
2020-12-31	$C$11.59 B	20.5%
2019-12-31	$C$9.62 B	12.77%
2018-12-31	$C$8.53 B	12.86%
2017-12-31	$C$7.55 B	21.97%
2016-12-31	$C$6.19 B	9.01%
2015-12-31	$C$5.68 B	16.48%
2014-12-31	$C$4.88 B	16.87%
2013-12-31	$C$4.17 B	34.66%
2012-12-31	$C$3.10 B	0.97%
2011-12-31	$C$3.07 B	6.81%
2010-12-31	$C$2.87 B	5.76%
2009-12-31	$C$2.71 B	-0.17%
2008-12-31	$C$2.72 B	26.78%
2007-12-31	$C$2.14 B	-1.8%
2006-12-31	$C$2.18 B	13.18%
2005-12-31	$C$1.93 B	-7.98%
2004-12-31	$C$2.10 B	9.25%
2003-12-31	$C$1.92 B	10.12%
2002-12-31	$C$1.74 B	34.04%
2001-12-31	$C$1.30 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LVMH MC.PA	C$97.36 B	312.37%	🇫🇷 France
Prada 1913.HK	C$6.02 B	-74.50%	🇮🇹 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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