Ninety One Group (N91.L)

Net assets on the balance sheet as of March 2024 : NZ$0.79 Billion

According to Ninety One Group's latest financial reports the company has NZ$0.79 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ninety One Group - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.69 B	7.37%
2022-03-31	$NZ$0.64 B	29.3%
2021-03-31	$NZ$0.49 B	60.09%
2020-03-31	$NZ$0.31 B	-17.12%
2019-03-31	$NZ$0.37 B	-8.39%
2018-03-31	$NZ$0.40 B	16.94%
2017-03-31	$NZ$0.35 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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Ninety One Group (N91.L) - Net assets