Absa Bank (ABSP.JO) - Net Assets

Net assets on the balance sheet as of December 2018 : £4.61 Billion

According to Absa Bank's latest financial reports the company has £4.61 Billion 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	$£4.57 B	-10.76%
2017-12-31	$£5.12 B	25.34%
2016-12-31	$£4.08 B	55.59%
2015-12-31	$£2.62 B	-19.75%
2014-12-31	$£3.27 B	-1.74%
2013-12-31	$£3.33 B	-25.09%
2012-12-31	$£4.44 B	-2.61%
2011-12-31	$£4.56 B	-11.26%
2010-12-31	$£5.14 B	30%
2009-12-31	$£3.96 B	20.59%
2008-12-31	$£3.28 B	24.85%
2007-12-31	$£2.63 B	25.54%
2006-12-31	$£2.09 B	8.3%
2005-12-31	$£1.93 B	27.12%
2004-12-31	$£1.52 B	27.45%
2003-12-31	$£1.19 B	174.96%
2002-12-31	$£0.43 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