Nickel Industries Limited (NIC.AX)

Net assets on the balance sheet as of December 2023 : $2.90 Billion USD

According to Nickel Industries Limited's latest financial reports the company has $2.90 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nickel Industries Limited - Net assets on balance sheet (from 2022 to 2021)

Net assets by year

Year	Net assets	Change
2023-12-31	$$2.90 B	60.19%
2022-12-31	$$1.81 B	88.2%
2021-12-31	$$0.96 B	15.44%
2020-12-31	$$0.83 B
2019-06-30	$$0.45 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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Nickel Industries Limited (NIC.AX) - Net assets