Innovex International (INVX)

Net assets on the balance sheet as of December 2024 : NZ$1.61 Billion

According to Innovex International's latest financial reports the company has NZ$1.61 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Innovex International - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2024-12-31	$NZ$1.69 B	226.65%
2023-12-31	$NZ$0.52 B	31.42%
2022-12-31	$NZ$0.39 B	49.73%
2021-12-31	$NZ$0.26 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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Innovex International (INVX) - Net assets