Norion Bank (NORION.ST)

Net assets on the balance sheet as of September 2024 : NZ$1.53 Billion

According to Norion Bank's latest financial reports the company has NZ$1.53 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Norion Bank - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.30 B	21.74%
2022-12-31	$NZ$1.07 B	11.86%
2021-12-31	$NZ$0.95 B	20.18%
2020-12-31	$NZ$0.79 B	59.21%
2019-12-31	$NZ$0.50 B	-10.51%
2018-12-31	$NZ$0.55 B	6.92%
2017-12-31	$NZ$0.52 B	27.51%
2016-12-31	$NZ$0.41 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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Norion Bank (NORION.ST) - Net assets