LVMH (MC.PA) - Net assets

Net assets on the balance sheet as of December 2023 : $69.32 B

According to LVMH's latest financial reports the company has $69.32 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

LVMH - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$$69.32 B	14.35%
2022-12-31	$$60.62 B	9.45%
2021-12-31	$$55.38 B	15.98%
2020-12-31	$$47.75 B	11.13%
2019-12-31	$$42.97 B	10.63%
2018-12-31	$$38.84 B	6.52%
2017-12-31	$$36.46 B	24.17%
2016-12-31	$$29.36 B	4.11%
2015-12-31	$$28.20 B	0.83%
2014-12-31	$$27.97 B	-27.41%
2013-12-31	$$38.53 B	14.22%
2012-12-31	$$33.74 B	11.14%
2011-12-31	$$30.36 B	25.39%
2010-12-31	$$24.21 B	14.31%
2009-12-31	$$21.18 B	9.85%
2008-12-31	$$19.28 B	6.21%
2007-12-31	$$18.15 B	18.46%
2006-12-31	$$15.32 B	23.71%
2005-12-31	$$12.38 B	5.28%
2004-12-31	$$11.76 B	6.59%
2003-12-31	$$11.04 B	14.73%
2002-12-31	$$9.62 B	1.62%
2001-12-31	$$9.46 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Ralph Lauren RL	$2.45 B	-96.47%	🇺🇸 USA
Nordstrom JWN	$0.83 B	-98.79%	🇺🇸 USA
Hermès RMS.PA	$16.81 B	-75.75%	🇫🇷 France
Prada 1913.HK	$4.28 B	-93.82%	🇮🇹 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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