TORM (TRMD) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$3.30 B

According to TORM's latest financial reports the company has NZ$3.30 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$2.63 B	11.23%
2022-12-31	$NZ$2.36 B	54.15%
2021-12-31	$NZ$1.53 B	8.6%
2020-12-31	$NZ$1.41 B	-5.3%
2019-12-31	$NZ$1.49 B	18.33%
2018-12-31	$NZ$1.26 B	13.34%
2017-12-31	$NZ$1.11 B	-1.16%
2016-12-31	$NZ$1.12 B	-21.07%
2015-12-31	$NZ$1.42 B	138.53%
2014-12-31	$NZ$0.59 B	317.6%
2013-12-31	$NZ$0.14 B	-56.05%
2012-12-31	$NZ$0.32 B	-60.47%
2011-12-31	$NZ$0.82 B	-43.16%
2010-12-31	$NZ$1.45 B	-16.06%
2009-12-31	$NZ$1.72 B	-22%
2008-12-31	$NZ$2.21 B	58.43%
2007-12-31	$NZ$1.39 B	-23.04%
2006-12-31	$NZ$1.81 B	37.36%
2005-12-31	$NZ$1.32 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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TORM (TRMD) - Net assets