Hermès (RMS.PA) - Net assets

Net assets on the balance sheet as of December 2023 : HK$131.02 B

According to Hermès's latest financial reports the company has HK$131.02 B 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	$HK$131.27 B	25.74%
2022-12-31	$HK$104.40 B	25.03%
2021-12-31	$HK$83.50 B	19.18%
2020-12-31	$HK$70.06 B	21.83%
2019-12-31	$HK$57.50 B	17.1%
2018-12-31	$HK$49.10 B	4.54%
2017-12-31	$HK$46.97 B	31.35%
2016-12-31	$HK$35.76 B	12.76%
2015-12-31	$HK$31.71 B	-2.9%
2014-12-31	$HK$32.66 B	7.31%
2013-12-31	$HK$30.43 B	26%
2012-12-31	$HK$24.15 B	2.99%
2011-12-31	$HK$23.45 B	5.04%
2010-12-31	$HK$22.33 B	11.5%
2009-12-31	$HK$20.02 B	14.3%
2008-12-31	$HK$17.52 B	3.24%
2007-12-31	$HK$16.97 B	16.13%
2006-12-31	$HK$14.61 B	13.53%
2005-12-31	$HK$12.87 B	-5.66%
2004-12-31	$HK$13.64 B	19.52%
2003-12-31	$HK$11.41 B	32.42%
2002-12-31	$HK$8.62 B	35.23%
2001-12-31	$HK$6.37 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LVMH MC.PA	HK$540.30 B	312.37%	🇫🇷 France
Prada 1913.HK	HK$33.40 B	-74.50%	🇮🇹 Italy

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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