NZME Limited (NZM.NZ)

Net assets on the balance sheet as of December 2023 : NZ$0.13 Billion

According to NZME Limited's latest financial reports the company has NZ$0.13 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NZME Limited - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.13 B	-3.87%
2022-12-31	$NZ$0.13 B	-12.31%
2021-12-31	$NZ$0.15 B	18.95%
2020-12-31	$NZ$0.13 B	13.41%
2019-12-31	$NZ$0.11 B	-59.37%
2018-12-31	$NZ$0.28 B	-0.83%
2017-12-31	$NZ$0.28 B	1.22%
2016-12-31	$NZ$0.28 B	1.77%
2015-12-31	$NZ$0.28 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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NZME Limited (NZM.NZ) - Net assets