Universal Music Group (UMG.AS)

Net assets on the balance sheet as of December 2023 : C$4.47 B

According to Universal Music Group's latest financial reports the company has C$4.47 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Universal Music Group - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$3.42 B	17.13%
2021-12-31	$C$2.92 B	14.75%
2020-12-31	$C$2.54 B	-41.38%
2019-12-31	$C$4.34 B	-7.38%
2018-12-31	$C$4.69 B	1.07%
2017-12-31	$C$4.64 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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Universal Music Group (UMG.AS) - Net assets