Nedbank (NED.JO) - Net assets

Net assets on the balance sheet as of December 2023 : ₹550.58 Billion

According to Nedbank's latest financial reports the company has ₹550.58 Billion 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	$₹543.20 B	-4.28%
2022-12-31	$₹567.47 B	10.62%
2021-12-31	$₹512.99 B	2.25%
2020-12-31	$₹501.72 B	0.76%
2019-12-31	$₹497.95 B	12.48%
2018-12-31	$₹442.71 B	-3.52%
2017-12-31	$₹458.87 B	13.51%
2016-12-31	$₹404.25 B	20%
2015-12-31	$₹336.88 B	-13.36%
2014-12-31	$₹388.84 B	1.9%
2013-12-31	$₹381.60 B	2.9%
2012-12-31	$₹370.85 B	7.88%
2011-12-31	$₹343.76 B	6.25%
2010-12-31	$₹323.53 B	14.7%
2009-12-31	$₹282.07 B	36.91%
2008-12-31	$₹206.02 B	1.62%
2007-12-31	$₹202.73 B	9.03%
2006-12-31	$₹185.94 B	-0.9%
2005-12-31	$₹187.62 B	12.15%
2004-12-31	$₹167.29 B	62.2%
2003-12-31	$₹103.14 B	93.6%
2002-12-31	$₹53.27 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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