Universal Music Group (UMG.AS)

Net assets on the balance sheet as of December 2023 : ₹279.89 Billion

According to Universal Music Group's latest financial reports the company has ₹279.89 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
2022-12-31	$₹208.77 B	22.01%
2021-12-31	$₹171.11 B	16.42%
2020-12-31	$₹146.98 B	-38.36%
2019-12-31	$₹238.45 B	-0.7%
2018-12-31	$₹240.13 B	1.87%
2017-12-31	$₹235.73 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