Absa Bank (ABSP.JO) - Net Assets

Net assets on the balance sheet as of December 2018 : $5.80 Billion USD

According to Absa Bank's latest financial reports the company has $5.80 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Absa Bank - Net assets on balance sheet (from 2009 to 2018)

Net assets by year

Year	Net assets	Change
2018-12-31	$$5.80 B	-16.18%
2017-12-31	$$6.92 B	37.28%
2016-12-31	$$5.04 B	29.55%
2015-12-31	$$3.89 B	-23.62%
2014-12-31	$$5.09 B	-7.26%
2013-12-31	$$5.49 B	-23.55%
2012-12-31	$$7.19 B	1.27%
2011-12-31	$$7.10 B	-10.66%
2010-12-31	$$7.94 B	24.02%
2009-12-31	$$6.40 B	33.15%
2008-12-31	$$4.81 B	-7.89%
2007-12-31	$$5.22 B	27.33%
2006-12-31	$$4.10 B	23.02%
2005-12-31	$$3.33 B	14.19%
2004-12-31	$$2.92 B	36.78%
2003-12-31	$$2.13 B	206.75%
2002-12-31	$$0.69 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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Absa Bank (ABSP.JO) - Net assets