TORM (TRMD) - Net Assets

Net assets on the balance sheet as of June 2024 : S$2.74 Billion

According to TORM's latest financial reports the company has S$2.74 Billion 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	$S$2.20 B	9.15%
2022-12-31	$S$2.01 B	41.71%
2021-12-31	$S$1.42 B	5.68%
2020-12-31	$S$1.34 B	-0.92%
2019-12-31	$S$1.35 B	17.38%
2018-12-31	$S$1.15 B	9.39%
2017-12-31	$S$1.05 B	-6.35%
2016-12-31	$S$1.12 B	-18.17%
2015-12-31	$S$1.38 B	122.53%
2014-12-31	$S$0.62 B	315.99%
2013-12-31	$S$0.14 B	-54.38%
2012-12-31	$S$0.32 B	-60.79%
2011-12-31	$S$0.83 B	-41.96%
2010-12-31	$S$1.43 B	-17.92%
2009-12-31	$S$1.75 B	-4.31%
2008-12-31	$S$1.82 B	17.55%
2007-12-31	$S$1.55 B	-20.78%
2006-12-31	$S$1.96 B	30.39%
2005-12-31	$S$1.50 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