Ingersoll Rand (IR) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$16.78 Billion

According to Ingersoll Rand's latest financial reports the company has NZ$16.78 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ingersoll Rand - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$15.57 B	6.79%
2022-12-31	$NZ$14.58 B	9.79%
2021-12-31	$NZ$13.28 B	4.28%
2020-12-31	$NZ$12.73 B	358.71%
2019-12-31	$NZ$2.77 B	11.12%
2018-12-31	$NZ$2.49 B	20.16%
2017-12-31	$NZ$2.07 B	429.94%
2016-12-31	$NZ$0.39 B	-33.78%
2015-12-31	$NZ$0.59 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Lennox LII	NZ$1.26 B	-92.48%	🇺🇸 USA
Dover DOV	NZ$9.54 B	-43.16%	🇺🇸 USA
Johnson Controls JCI	NZ$28.70 B	71.02%	🇮🇪 Ireland
Flowserve FLS	NZ$3.52 B	-79.00%	🇺🇸 USA
Parker-Hannifin PH	NZ$20.22 B	20.52%	🇺🇸 USA
Aaon AAON	NZ$1.23 B	-92.61%	🇺🇸 USA
Illinois Tool Works ITW	NZ$5.67 B	-66.16%	🇺🇸 USA

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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