TORM (TRMD) - Net Assets

Net assets on the balance sheet as of June 2024 : £1.62 Billion

According to TORM's latest financial reports the company has £1.62 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	$£1.30 B	5.21%
2022-12-31	$£1.24 B	59.45%
2021-12-31	$£0.77 B	4.42%
2020-12-31	$£0.74 B	-2.86%
2019-12-31	$£0.76 B	15.14%
2018-12-31	$£0.66 B	14.03%
2017-12-31	$£0.58 B	-7.48%
2016-12-31	$£0.63 B	-3.94%
2015-12-31	$£0.65 B	118.39%
2014-12-31	$£0.30 B	322.61%
2013-12-31	$£71.35 M	-56.86%
2012-12-31	$£0.16 B	-60.07%
2011-12-31	$£0.41 B	-42.66%
2010-12-31	$£0.72 B	-6.22%
2009-12-31	$£0.77 B	-11.71%
2008-12-31	$£0.87 B	60.34%
2007-12-31	$£0.54 B	-16.77%
2006-12-31	$£0.65 B	24.65%
2005-12-31	$£0.52 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