Comer Industries (COM.MI)

Net assets on the balance sheet as of December 2023 : NZ$0.98 Billion

According to Comer Industries's latest financial reports the company has NZ$0.98 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Comer Industries - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.88 B	18.31%
2022-12-31	$NZ$0.74 B	30.87%
2021-12-31	$NZ$0.57 B	134.46%
2020-12-31	$NZ$0.24 B	13.8%
2019-12-31	$NZ$0.21 B	41.67%
2018-12-31	$NZ$0.15 B	17.61%
2017-12-31	$NZ$0.12 B	19.06%
2016-12-31	$NZ$0.10 B	-40.35%
2015-12-31	$NZ$0.18 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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Comer Industries (COM.MI) - Net assets