Bank of Innovation (4393.T)

Net assets on the balance sheet as of March 2024 : NZ$51.89 Million

According to Bank of Innovation's latest financial reports the company has NZ$51.89 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bank of Innovation - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$NZ$41.01 M	754.69%
2022-09-30	$NZ$4.79 M	-48.89%
2021-09-30	$NZ$9.38 M	-47.9%
2020-09-30	$NZ$18.02 M	-12.91%
2019-09-30	$NZ$20.69 M	40.04%
2018-09-30	$NZ$14.77 M	126.63%
2017-09-30	$NZ$6.51 M	45.27%
2016-09-30	$NZ$4.48 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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Bank of Innovation (4393.T) - Net assets