Guaranty Trust Bank (9JO.F)

Net assets on the balance sheet as of March 2024 : NZ$2.58 Billion

According to Guaranty Trust Bank 's latest financial reports the company has NZ$2.58 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Guaranty Trust Bank - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$2.60 B	-20.46%
2022-12-31	$NZ$3.27 B	4.09%
2021-12-31	$NZ$3.14 B	4.59%
2020-12-31	$NZ$3.00 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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Guaranty Trust Bank (9JO.F) - Net assets