Amalgamated Financial (AMAL)

Net assets on the balance sheet as of September 2024 : A$1.07 Billion

According to Amalgamated Financial's latest financial reports the company has A$1.07 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Amalgamated Financial - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.85 B	14.88%
2022-12-31	$A$0.74 B	-3.84%
2021-12-31	$A$0.77 B	11.62%
2020-12-31	$A$0.69 B	-0.54%
2019-12-31	$A$0.70 B	12.34%
2018-12-31	$A$0.62 B	41.52%
2017-12-31	$A$0.44 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	A$0.58 B	-46.07%	🇺🇸 USA
National Bank Holdings NBHC	A$1.99 B	85.01%	🇺🇸 USA

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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Amalgamated Financial (AMAL) - Net assets

Net assets on the balance sheet as of September 2024 : A$1.07 Billion