RENOVA, Inc. (9519.T)

Net assets on the balance sheet as of March 2024 : NZ$1.22 Billion

According to RENOVA, Inc.'s latest financial reports the company has NZ$1.22 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

RENOVA, Inc. - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2024-03-31	$NZ$1.17 B	50.95%
2023-03-31	$NZ$0.77 B	25.72%
2022-03-31	$NZ$0.61 B	91.26%
2021-03-31	$NZ$0.32 B	23.78%
2020-03-31	$NZ$0.26 B
2018-05-31	$NZ$0.14 B	50.26%
2017-05-31	$NZ$95.25 M	37.97%
2016-05-31	$NZ$69.04 M	74.24%
2015-05-31	$NZ$39.62 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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RENOVA, Inc. (9519.T) - Net assets