Neinor Homes (HOME.MC)

Net assets on the balance sheet as of December 2023 : NZ$1.74 B

According to Neinor Homes's latest financial reports the company has NZ$1.74 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Neinor Homes - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.70 B	8.8%
2022-12-31	$NZ$1.57 B	0.14%
2021-12-31	$NZ$1.56 B	7.23%
2020-12-31	$NZ$1.46 B	11.36%
2019-12-31	$NZ$1.31 B	-0.37%
2018-12-31	$NZ$1.31 B	8.07%
2017-12-31	$NZ$1.22 B	27.37%
2016-12-31	$NZ$0.95 B	-28.62%
2015-12-31	$NZ$1.34 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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Neinor Homes (HOME.MC) - Net assets