Covivio Hotels (COVH.PA)

Net assets on the balance sheet as of December 2023 : NZ$6.94 Billion

According to Covivio Hotels 's latest financial reports the company has NZ$6.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Covivio Hotels - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$6.35 B	12.81%
2021-12-31	$NZ$5.63 B	6.03%
2020-12-31	$NZ$5.31 B	-8.35%
2019-12-31	$NZ$5.79 B	2.9%
2018-12-31	$NZ$5.63 B	38.68%
2017-12-31	$NZ$4.06 B	30.32%
2016-12-31	$NZ$3.11 B	0.57%
2015-12-31	$NZ$3.10 B	8.67%
2014-12-31	$NZ$2.85 B	3.16%
2013-12-31	$NZ$2.76 B	10.03%
2012-12-31	$NZ$2.51 B	18.37%
2011-12-31	$NZ$2.12 B	0.98%
2010-12-31	$NZ$2.10 B	14%
2009-12-31	$NZ$1.84 B	-34.51%
2008-12-31	$NZ$2.81 B	8.89%
2007-12-31	$NZ$2.58 B	43.17%
2006-12-31	$NZ$1.80 B	116.15%
2005-12-31	$NZ$0.83 B	796.23%
2004-12-31	$NZ$93.25 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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Covivio Hotels (COVH.PA) - Net assets