Lumen (LUMN) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$0.60 Billion

According to Lumen's latest financial reports the company has NZ$0.60 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lumen - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.65 B	-95.96%
2022-12-31	$NZ$16.33 B	-5.74%
2021-12-31	$NZ$17.33 B	12.05%
2020-12-31	$NZ$15.46 B	-22.65%
2019-12-31	$NZ$20.00 B	-32.34%
2018-12-31	$NZ$29.55 B	-10.63%
2017-12-31	$NZ$33.07 B	71%
2016-12-31	$NZ$19.34 B	-5.84%
2015-12-31	$NZ$20.54 B	7.14%
2014-12-31	$NZ$19.17 B	-8.35%
2013-12-31	$NZ$20.91 B	-10.78%
2012-12-31	$NZ$23.44 B	-12.13%
2011-12-31	$NZ$26.68 B	113.41%
2010-12-31	$NZ$12.50 B	-4.06%
2009-12-31	$NZ$13.03 B	138.77%
2008-12-31	$NZ$5.45 B	22.37%
2007-12-31	$NZ$4.46 B	-1.8%
2006-12-31	$NZ$4.54 B	-14.37%
2005-12-31	$NZ$5.30 B	11.01%
2004-12-31	$NZ$4.77 B	-10.7%
2003-12-31	$NZ$5.35 B	-9.31%
2002-12-31	$NZ$5.90 B	4.83%
2001-12-31	$NZ$5.62 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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