Fortum (FORTUM.HE) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$16.95 Billion

According to Fortum's latest financial reports the company has NZ$16.95 Billion 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	-42.31%
2021-12-31	$NZ$22.65 B	-14.67%
2020-12-31	$NZ$26.55 B	20.63%
2019-12-31	$NZ$22.01 B	6.87%
2018-12-31	$NZ$20.59 B	-8.24%
2017-12-31	$NZ$22.44 B	9.15%
2016-12-31	$NZ$20.56 B	-7.14%
2015-12-31	$NZ$22.14 B	30.48%
2014-12-31	$NZ$16.97 B	-0.25%
2013-12-31	$NZ$17.01 B	-0.57%
2012-12-31	$NZ$17.11 B	1.22%
2011-12-31	$NZ$16.90 B	12.18%
2010-12-31	$NZ$15.07 B	-10.01%
2009-12-31	$NZ$16.74 B	-17.34%
2008-12-31	$NZ$20.26 B	22.87%
2007-12-31	$NZ$16.49 B	7.88%
2006-12-31	$NZ$15.28 B	19%
2005-12-31	$NZ$12.84 B	-11.68%
2004-12-31	$NZ$14.54 B	13.12%
2003-12-31	$NZ$12.85 B	-12.17%
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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