Hermès (RMS.PA) - Net assets

Net assets on the balance sheet as of December 2023 : ₹1.433 Trillion

According to Hermès's latest financial reports the company has ₹1.433 Trillion 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	$₹1.399 T	26.55%
2022-12-31	$₹1.105 T	39.36%
2021-12-31	$₹793.45 B	19.33%
2020-12-31	$₹664.94 B	26.58%
2019-12-31	$₹525.31 B	19.95%
2018-12-31	$₹437.92 B	14.07%
2017-12-31	$₹383.91 B	22.5%
2016-12-31	$₹313.41 B	15.06%
2015-12-31	$₹272.38 B	2.18%
2014-12-31	$₹266.58 B	9.97%
2013-12-31	$₹242.40 B	41.94%
2012-12-31	$₹170.78 B	6.9%
2011-12-31	$₹159.75 B	23.91%
2010-12-31	$₹128.92 B	7.51%
2009-12-31	$₹119.91 B	11.37%
2008-12-31	$₹107.67 B	27.39%
2007-12-31	$₹84.52 B	1.56%
2006-12-31	$₹83.23 B	11.39%
2005-12-31	$₹74.72 B	-1.36%
2004-12-31	$₹75.74 B	12.23%
2003-12-31	$₹67.49 B	27.3%
2002-12-31	$₹53.01 B	34.37%
2001-12-31	$₹39.45 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LVMH MC.PA	₹5.911 T	312.37%	🇫🇷 France
Prada 1913.HK	₹365.47 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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