TORM (TRMD) - Net Assets

Net assets on the balance sheet as of June 2024 : C$2.85 Billion

According to TORM's latest financial reports the company has C$2.85 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	$C$2.20 B	8.3%
2022-12-31	$C$2.04 B	52.16%
2021-12-31	$C$1.34 B	3.36%
2020-12-31	$C$1.29 B	-1.43%
2019-12-31	$C$1.31 B	14.04%
2018-12-31	$C$1.15 B	16.04%
2017-12-31	$C$0.99 B	-5.19%
2016-12-31	$C$1.04 B	-22.52%
2015-12-31	$C$1.35 B	148.48%
2014-12-31	$C$0.54 B	334.85%
2013-12-31	$C$0.12 B	-52.87%
2012-12-31	$C$0.26 B	-59.41%
2011-12-31	$C$0.65 B	-41.25%
2010-12-31	$C$1.11 B	-15.01%
2009-12-31	$C$1.31 B	-15.65%
2008-12-31	$C$1.55 B	44.17%
2007-12-31	$C$1.07 B	-27.67%
2006-12-31	$C$1.49 B	41.59%
2005-12-31	$C$1.05 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