Norion Bank (NORION.ST)

Net assets on the balance sheet as of September 2024 : A$1.33 Billion

According to Norion Bank's latest financial reports the company has A$1.33 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Norion Bank - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.21 B	21.12%
2022-12-31	$A$0.99 B	10.77%
2021-12-31	$A$0.90 B	20.66%
2020-12-31	$A$0.74 B	55.32%
2019-12-31	$A$0.48 B	-9.59%
2018-12-31	$A$0.53 B	11.91%
2017-12-31	$A$0.47 B	20.71%
2016-12-31	$A$0.39 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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Norion Bank (NORION.ST) - Net assets