Nokian Tyres (TYRES.HE)

Net assets on the balance sheet as of September 2024 : NZ$2.47 Billion

According to Nokian Tyres 's latest financial reports the company has NZ$2.47 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nokian Tyres - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$2.35 B	-2.71%
2022-12-31	$NZ$2.42 B	-10.28%
2021-12-31	$NZ$2.69 B	4.06%
2020-12-31	$NZ$2.59 B	-11.9%
2019-12-31	$NZ$2.94 B	16.14%
2018-12-31	$NZ$2.53 B	2.17%
2017-12-31	$NZ$2.48 B	12.02%
2016-12-31	$NZ$2.21 B	11.65%
2015-12-31	$NZ$1.98 B	5.74%
2014-12-31	$NZ$1.87 B	-19.85%
2013-12-31	$NZ$2.34 B	1.29%
2012-12-31	$NZ$2.31 B	17.07%
2011-12-31	$NZ$1.97 B	22.15%
2010-12-31	$NZ$1.61 B	8.13%
2009-12-31	$NZ$1.49 B	-20.19%
2008-12-31	$NZ$1.87 B	37.82%
2007-12-31	$NZ$1.35 B	30.33%
2006-12-31	$NZ$1.04 B	27.6%
2005-12-31	$NZ$0.81 B	60.18%
2004-12-31	$NZ$0.51 B	6.53%
2003-12-31	$NZ$0.47 B	13.4%
2002-12-31	$NZ$0.42 B	7.29%
2001-12-31	$NZ$0.39 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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Nokian Tyres (TYRES.HE) - Net assets