Novolog (NVLG.TA) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$0.17 Billion

According to Novolog's latest financial reports the company has NZ$0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Novolog - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.17 B	-16.14%
2022-12-31	$NZ$0.20 B	2.26%
2021-12-31	$NZ$0.20 B	59.11%
2020-12-31	$NZ$0.12 B	12.65%
2019-12-31	$NZ$0.11 B	168.25%
2018-12-31	$NZ$42.2 M	20.3%
2017-12-31	$NZ$35.08 M	30.65%
2016-12-31	$NZ$26.85 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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Novolog (NVLG.TA) - Net assets