Netel Holding (NETEL.ST)

Net assets on the balance sheet as of September 2024 : NZ$0.19 Billion

According to Netel Holding's latest financial reports the company has NZ$0.19 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Netel Holding - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.17 B	6.29%
2022-12-31	$NZ$0.16 B	13.51%
2021-12-31	$NZ$0.14 B	44.14%
2020-12-31	$NZ$0.10 B	14.66%
2019-12-31	$NZ$89.3 M	-0.51%
2018-12-31	$NZ$89.76 M

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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Netel Holding (NETEL.ST) - Net assets