Nedbank (NED.JO) - Net Assets

Net assets on the balance sheet as of December 2023 : NZ$11.60 Billion

According to Nedbank's latest financial reports the company has NZ$11.60 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nedbank - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$10.31 B	-4.47%
2022-12-31	$NZ$10.80 B	7.04%
2021-12-31	$NZ$10.09 B	6.13%
2020-12-31	$NZ$9.50 B	-8.3%
2019-12-31	$NZ$10.36 B	9.84%
2018-12-31	$NZ$9.43 B	-6.72%
2017-12-31	$NZ$10.11 B	17.83%
2016-12-31	$NZ$8.58 B	15.95%
2015-12-31	$NZ$7.40 B	-5.41%
2014-12-31	$NZ$7.83 B	4.18%
2013-12-31	$NZ$7.51 B	-8.71%
2012-12-31	$NZ$8.23 B	-1.11%
2011-12-31	$NZ$8.32 B	-11.03%
2010-12-31	$NZ$9.35 B	11.81%
2009-12-31	$NZ$8.36 B	13.32%
2008-12-31	$NZ$7.38 B	9.52%
2007-12-31	$NZ$6.74 B	13.17%
2006-12-31	$NZ$5.95 B	-2.31%
2005-12-31	$NZ$6.10 B	12.68%
2004-12-31	$NZ$5.41 B	55.35%
2003-12-31	$NZ$3.48 B	74.43%
2002-12-31	$NZ$1.99 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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Nedbank (NED.JO) - Net assets