Ashtead Technology (AT.L)

Net assets on the balance sheet as of December 2023 : NZ$0.22 Billion

According to Ashtead Technology's latest financial reports the company has NZ$0.22 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ashtead Technology - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.19 B	37.68%
2022-12-31	$NZ$0.14 B	18.19%
2021-12-31	$NZ$0.12 B	42.8%
2020-12-31	$NZ$84.6 M	-5.85%
2019-12-31	$NZ$89.86 M	13.02%
2018-12-31	$NZ$79.51 M	51.09%
2017-12-31	$NZ$52.62 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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Ashtead Technology (AT.L) - Net assets