Hermès (RMS.PA) - Net assets

Net assets on the balance sheet as of December 2023 : S$22.70 Billion

According to Hermès's latest financial reports the company has S$22.70 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	$S$22.19 B	23.92%
2022-12-31	$S$17.91 B	24.3%
2021-12-31	$S$14.41 B	19.82%
2020-12-31	$S$12.02 B	21.11%
2019-12-31	$S$9.93 B	16.07%
2018-12-31	$S$8.55 B	6.39%
2017-12-31	$S$8.04 B	20.48%
2016-12-31	$S$6.67 B	15.13%
2015-12-31	$S$5.79 B	4.32%
2014-12-31	$S$5.55 B	11.8%
2013-12-31	$S$4.97 B	30.33%
2012-12-31	$S$3.81 B	-2.47%
2011-12-31	$S$3.91 B	5.53%
2010-12-31	$S$3.70 B	2.15%
2009-12-31	$S$3.62 B	13.25%
2008-12-31	$S$3.20 B	3.37%
2007-12-31	$S$3.09 B	7.56%
2006-12-31	$S$2.88 B	4.23%
2005-12-31	$S$2.76 B	-3.11%
2004-12-31	$S$2.85 B	13.3%
2003-12-31	$S$2.51 B	31.29%
2002-12-31	$S$1.91 B	26.73%
2001-12-31	$S$1.51 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LVMH MC.PA	S$93.62 B	312.37%	🇫🇷 France
Prada 1913.HK	S$5.78 B	-74.50%	🇮🇹 Italy

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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