Universal Music Group (UMG.AS)

Net assets on the balance sheet as of December 2023 : €3.04 Billion

According to Universal Music Group's latest financial reports the company has €3.04 Billion 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
2023-12-31	$€2.98 B	26.83%
2022-12-31	$€2.35 B	15.86%
2021-12-31	$€2.03 B	24.24%
2020-12-31	$€1.63 B	-45.26%
2019-12-31	$€2.98 B	-0.57%
2018-12-31	$€3.00 B	-2.44%
2017-12-31	$€3.07 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