INNOVATE Corp. (VATE) - Net assets

Net assets on the balance sheet as of September 2024 : -NZ$0.24 Billion

According to INNOVATE Corp.'s latest financial reports the company has -NZ$0.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

INNOVATE Corp. - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-NZ$0.25 Billion	224.8%
2022-12-31	$-NZ$74.35 Million	635.93%
2021-12-31	$-NZ$10.11 Million	-101.18%
2020-12-31	$NZ$0.85 B	26.37%
2019-12-31	$NZ$0.67 B	124.63%
2018-12-31	$NZ$0.30 B	12.58%
2017-12-31	$NZ$0.26 B	164.45%
2016-12-31	$NZ$0.10 B	-42.7%
2015-12-31	$NZ$0.17 B	27.41%
2014-12-31	$NZ$0.13 B	108.95%
2013-12-31	$NZ$66.21 M	-20.49%
2012-12-31	$NZ$83.27 M	-36.1%
2011-12-31	$NZ$0.13 B	21.08%
2010-12-31	$NZ$0.10 B	-21.76%
2009-12-31	$NZ$0.13 B	-117.3%
2008-12-31	$-NZ$0.8 Billion	36.12%
2007-12-31	$-NZ$0.59 Billion	-12.1%
2006-12-31	$-NZ$0.67 Billion	92.23%
2005-12-31	$-NZ$0.35 Billion	126.86%
2004-12-31	$-NZ$0.16 Billion	2.81%
2003-12-31	$-NZ$0.15 Billion	-61.23%
2002-12-31	$-NZ$0.39 Billion	-11.04%
2001-12-31	$-NZ$0.43 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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