Drax Group (DRX.L) - Net Assets

Net assets on the balance sheet as of December 2023 : NZ$4.30 Billion

According to Drax Group's latest financial reports the company has NZ$4.30 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Drax Group - Net assets on balance sheet (from 2005 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$3.99 B	58.32%
2022-12-31	$NZ$2.52 B	-2.29%
2021-12-31	$NZ$2.58 B	2.06%
2020-12-31	$NZ$2.53 B	-24.25%
2019-12-31	$NZ$3.34 B	-3.36%
2018-12-31	$NZ$3.45 B	3.32%
2017-12-31	$NZ$3.34 B	-8.18%
2016-12-31	$NZ$3.64 B	5%
2015-12-31	$NZ$3.46 B	11.03%
2014-12-31	$NZ$3.12 B	10.42%
2013-12-31	$NZ$2.83 B	-2.5%
2012-12-31	$NZ$2.90 B	11.82%
2011-12-31	$NZ$2.59 B	35.41%
2010-12-31	$NZ$1.91 B	-16.03%
2009-12-31	$NZ$2.28 B	30.38%
2008-12-31	$NZ$1.75 B	87.02%
2007-12-31	$NZ$0.93 B	-50.27%
2006-12-31	$NZ$1.88 B	238.86%
2005-12-31	$NZ$0.55 B	-147.57%
2004-12-31	$-NZ$1.17 Billion	0.15%
2003-12-31	$-NZ$1.17 Billion	69.1%
2002-12-31	$-NZ$0.69 Billion

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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Drax Group (DRX.L) - Net assets