Fortum (FORTUM.HE) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$14.82 B

According to Fortum's latest financial reports the company has NZ$14.82 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortum - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$14.85 B	13.64%
2022-12-31	$NZ$13.07 B	-42.42%
2021-12-31	$NZ$22.70 B	-14.26%
2020-12-31	$NZ$26.47 B	20.19%
2019-12-31	$NZ$22.02 B	6.85%
2018-12-31	$NZ$20.61 B	-8.16%
2017-12-31	$NZ$22.44 B	9.15%
2016-12-31	$NZ$20.56 B	-7.1%
2015-12-31	$NZ$22.13 B	30.46%
2014-12-31	$NZ$16.96 B	-0.37%
2013-12-31	$NZ$17.03 B	-0.74%
2012-12-31	$NZ$17.15 B	1.48%
2011-12-31	$NZ$16.90 B	12.01%
2010-12-31	$NZ$15.09 B	-10.47%
2009-12-31	$NZ$16.85 B	-18.04%
2008-12-31	$NZ$20.56 B	24.62%
2007-12-31	$NZ$16.50 B	7.99%
2006-12-31	$NZ$15.28 B	19%
2005-12-31	$NZ$12.84 B	-20.76%
2004-12-31	$NZ$16.20 B	27.07%
2003-12-31	$NZ$12.75 B	-12.85%
2002-12-31	$NZ$14.63 B	1.88%
2001-12-31	$NZ$14.36 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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Fortum (FORTUM.HE) - Net assets