Nedbank (NED.JO) - Net Assets

Net assets on the balance sheet as of December 2023 : £4.97 B

According to Nedbank's latest financial reports the company has £4.97 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nedbank - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$£5.12 B	-9.65%
2022-12-31	$£5.66 B	11.31%
2021-12-31	$£5.09 B	1.34%
2020-12-31	$£5.02 B	-4.5%
2019-12-31	$£5.26 B	6.04%
2018-12-31	$£4.96 B	-6.68%
2017-12-31	$£5.31 B	10.3%
2016-12-31	$£4.82 B	41.08%
2015-12-31	$£3.41 B	-13.3%
2014-12-31	$£3.94 B	5.38%
2013-12-31	$£3.74 B	-10.71%
2012-12-31	$£4.18 B	0.18%
2011-12-31	$£4.18 B	-10.91%
2010-12-31	$£4.69 B	23.91%
2009-12-31	$£3.78 B	27.4%
2008-12-31	$£2.97 B	14.9%
2007-12-31	$£2.58 B	20.71%
2006-12-31	$£2.14 B	-11.35%
2005-12-31	$£2.41 B	20.06%
2004-12-31	$£2.01 B	57.66%
2003-12-31	$£1.27 B	87.26%
2002-12-31	$£0.68 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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Nedbank (NED.JO) - Net assets