Pennon Group (PNN.L) - Net assets

Net assets on the balance sheet as of March 2024 : NZ$2.50 Billion

According to Pennon Group's latest financial reports the company has NZ$2.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Pennon Group - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$2.22 B	-7.47%
2022-03-31	$NZ$2.40 B	-59.06%
2021-03-31	$NZ$5.86 B	66.49%
2020-03-31	$NZ$3.52 B	9.41%
2019-03-31	$NZ$3.22 B	1.52%
2018-03-31	$NZ$3.17 B	18%
2017-03-31	$NZ$2.68 B	-13.19%
2016-03-31	$NZ$3.09 B	15.87%
2015-03-31	$NZ$2.67 B	16.27%
2014-03-31	$NZ$2.29 B	18.09%
2013-03-31	$NZ$1.94 B	21.55%
2012-03-31	$NZ$1.60 B	-2.57%
2011-03-31	$NZ$1.64 B	15.49%
2010-03-31	$NZ$1.42 B	-7.43%
2009-03-31	$NZ$1.53 B	-4.98%
2008-03-31	$NZ$1.61 B	-5.91%
2007-03-31	$NZ$1.72 B	4.57%
2006-03-31	$NZ$1.64 B	-12.49%
2005-03-31	$NZ$1.87 B	-24.42%
2004-03-31	$NZ$2.48 B	-1.84%
2003-03-31	$NZ$2.53 B	-19.73%
2002-03-31	$NZ$3.15 B	-2.55%
2001-03-31	$NZ$3.23 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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