LG Energy Solution (373220.KS)

Net assets on the balance sheet as of June 2024 : NZ$34.11 Billion

According to LG Energy Solution's latest financial reports the company has NZ$34.11 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

LG Energy Solution - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$20.29 B	-21.11%
2022-12-31	$NZ$25.72 B	139.15%
2021-12-31	$NZ$10.75 B	11.46%
2020-12-31	$NZ$9.65 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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LG Energy Solution (373220.KS) - Net assets