NZME Limited (NZM.NZ)

Net assets on the balance sheet as of December 2023 : C$0.11 Billion

According to NZME Limited's latest financial reports the company has C$0.11 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	$C$0.11 B	-6.41%
2022-12-31	$C$0.11 B	-13.21%
2021-12-31	$C$0.13 B	12.54%
2020-12-31	$C$0.12 B	18.62%
2019-12-31	$C$0.10 B	-60.88%
2018-12-31	$C$0.26 B	1.48%
2017-12-31	$C$0.25 B	-2.91%
2016-12-31	$C$0.26 B	-0.22%
2015-12-31	$C$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