Universal Music Group (UMG.AS)

Net assets on the balance sheet as of June 2024 : $3.72 Billion USD

According to Universal Music Group's latest financial reports the company has $3.72 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Universal Music Group - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$3.29 B	30.7%
2022-12-31	$$2.52 B	9.74%
2021-12-31	$$2.29 B	14.39%
2020-12-31	$$2.00 B	-39.9%
2019-12-31	$$3.34 B	-2.63%
2018-12-31	$$3.43 B	-6.98%
2017-12-31	$$3.69 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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Universal Music Group (UMG.AS) - Net assets