Hermès (RMS.PA) - Net assets

Net assets on the balance sheet as of December 2023 : NZ$29.25 Billion

According to Hermès's latest financial reports the company has NZ$29.25 Billion 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	$NZ$26.57 B	26.29%
2022-12-31	$NZ$21.04 B	34.85%
2021-12-31	$NZ$15.60 B	23.86%
2020-12-31	$NZ$12.60 B	15.2%
2019-12-31	$NZ$10.93 B	17.15%
2018-12-31	$NZ$9.33 B	10.29%
2017-12-31	$NZ$8.46 B	27.15%
2016-12-31	$NZ$6.65 B	11.18%
2015-12-31	$NZ$5.98 B	11.56%
2014-12-31	$NZ$5.36 B	12.43%
2013-12-31	$NZ$4.77 B	25.93%
2012-12-31	$NZ$3.79 B	-2.01%
2011-12-31	$NZ$3.86 B	3.76%
2010-12-31	$NZ$3.72 B	4.81%
2009-12-31	$NZ$3.55 B	-7.83%
2008-12-31	$NZ$3.86 B	37.3%
2007-12-31	$NZ$2.81 B	5.41%
2006-12-31	$NZ$2.66 B	9.8%
2005-12-31	$NZ$2.42 B	-0.89%
2004-12-31	$NZ$2.45 B	7.49%
2003-12-31	$NZ$2.28 B	7.95%
2002-12-31	$NZ$2.11 B	7.28%
2001-12-31	$NZ$1.96 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LVMH MC.PA	NZ$120.61 B	312.37%	🇫🇷 France
Prada 1913.HK	NZ$7.45 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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