NZME Limited (NZM.NZ)

Net assets on the balance sheet as of December 2023 : A$0.12 Billion

According to NZME Limited's latest financial reports the company has A$0.12 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NZME Limited - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.12 B	-4.36%
2022-12-31	$A$0.12 B	-13.16%
2021-12-31	$A$0.14 B	19.43%
2020-12-31	$A$0.12 B	10.63%
2019-12-31	$A$0.11 B	-58.95%
2018-12-31	$A$0.27 B	3.8%
2017-12-31	$A$0.26 B	-4.18%
2016-12-31	$A$0.27 B	4.09%
2015-12-31	$A$0.26 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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NZME Limited (NZM.NZ) - Net assets