Hermès (RMS.PA) - Net assets

Net assets on the balance sheet as of December 2023 : £13.44 Billion

According to Hermès's latest financial reports the company has £13.44 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	$£13.19 B	19.45%
2022-12-31	$£11.04 B	39.86%
2021-12-31	$£7.89 B	18.4%
2020-12-31	$£6.67 B	18.74%
2019-12-31	$£5.61 B	13.86%
2018-12-31	$£4.93 B	10.9%
2017-12-31	$£4.44 B	19.03%
2016-12-31	$£3.73 B	35.14%
2015-12-31	$£2.76 B	2.38%
2014-12-31	$£2.70 B	13.58%
2013-12-31	$£2.37 B	23.26%
2012-12-31	$£1.92 B	-0.68%
2011-12-31	$£1.94 B	4.25%
2010-12-31	$£1.86 B	16.7%
2009-12-31	$£1.59 B	4.48%
2008-12-31	$£1.52 B	40.99%
2007-12-31	$£1.08 B	13%
2006-12-31	$£0.95 B	-0.36%
2005-12-31	$£0.96 B	5.69%
2004-12-31	$£0.91 B	9.94%
2003-12-31	$£0.82 B	20.18%
2002-12-31	$£0.68 B	22.26%
2001-12-31	$£0.56 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LVMH MC.PA	£55.45 B	312.37%	🇫🇷 France
Prada 1913.HK	£3.42 B	-74.50%	🇮🇹 Italy

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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