LVMH (MC.PA) - Net assets

Net assets on the balance sheet as of December 2023 : C$97.65 Billion

According to LVMH's latest financial reports the company has C$97.65 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	$C$91.93 B	11.58%
2022-12-31	$C$82.39 B	16.72%
2021-12-31	$C$70.59 B	15.92%
2020-12-31	$C$60.89 B	8.49%
2019-12-31	$C$56.13 B	6.07%
2018-12-31	$C$52.91 B	15.48%
2017-12-31	$C$45.82 B	16.2%
2016-12-31	$C$39.43 B	0.78%
2015-12-31	$C$39.13 B	20.53%
2014-12-31	$C$32.46 B	-20.86%
2013-12-31	$C$41.02 B	22.27%
2012-12-31	$C$33.55 B	8.42%
2011-12-31	$C$30.94 B	27.85%
2010-12-31	$C$24.20 B	8.59%
2009-12-31	$C$22.28 B	-4.94%
2008-12-31	$C$23.44 B	29.45%
2007-12-31	$C$18.11 B	1.68%
2006-12-31	$C$17.81 B	23.19%
2005-12-31	$C$14.45 B	2.3%
2004-12-31	$C$14.13 B	-1.31%
2003-12-31	$C$14.32 B	-1.9%
2002-12-31	$C$14.59 B	19.25%
2001-12-31	$C$12.24 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Ralph Lauren RL	C$3.44 B	-96.48%	🇺🇸 USA
Nordstrom JWN	C$1.33 B	-98.63%	🇺🇸 USA
Hermès RMS.PA	C$23.68 B	-75.75%	🇫🇷 France
Prada 1913.HK	C$6.03 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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