NZME Limited (NZM.NZ)

Net assets on the balance sheet as of December 2023 : ₹7.11 Billion

According to NZME Limited's latest financial reports the company has ₹7.11 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	$₹6.97 B	-3.67%
2022-12-31	$₹7.23 B	-9.38%
2021-12-31	$₹7.98 B	14.6%
2020-12-31	$₹6.97 B	24.61%
2019-12-31	$₹5.59 B	-58.39%
2018-12-31	$₹13.44 B	2.57%
2017-12-31	$₹13.10 B	-2.49%
2016-12-31	$₹13.44 B	5.32%
2015-12-31	$₹12.76 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