ASA Gold and Precious Metals (ASA)

Net assets on the balance sheet as of November 2023 : NZ$0.57 Billion

According to ASA Gold and Precious Metals's latest financial reports the company has NZ$0.57 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ASA Gold and Precious Metals - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-11-30	$NZ$0.54 B	3.55%
2022-11-30	$NZ$0.52 B	-25.53%
2021-11-30	$NZ$0.70 B	6.98%
2020-11-30	$NZ$0.65 B	48.2%
2019-11-30	$NZ$0.44 B	56.81%
2018-11-30	$NZ$0.28 B	-20%
2017-11-30	$NZ$0.35 B	4.04%
2016-11-30	$NZ$0.34 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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ASA Gold and Precious Metals (ASA) - Net assets