Abacus Life (ABL) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$0.43 Billion

According to Abacus Life's latest financial reports the company has NZ$0.43 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Abacus Life - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$3.16 M	-20.54%
2021-12-31	$NZ$3.98 M	38.04%
2020-12-31	$NZ$2.88 M

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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Abacus Life (ABL) - Net assets