Propel Holdings (PRL.TO)

Net assets on the balance sheet as of June 2024 : NZ$0.20 Billion

According to Propel Holdings's latest financial reports the company has NZ$0.20 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Propel Holdings - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.16 B	24.84%
2022-12-31	$NZ$0.12 B	16.6%
2021-12-31	$NZ$0.11 B	845.58%
2020-12-31	$NZ$11.66 M	117.22%
2019-12-31	$NZ$5.36 M	77.17%
2018-12-31	$NZ$3.03 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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Propel Holdings (PRL.TO) - Net assets