Siemens Energy (ENR.F)

Net assets on the balance sheet as of September 2024 : NZ$18.48 Billion

According to Siemens Energy's latest financial reports the company has NZ$18.48 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Siemens Energy - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$NZ$15.51 B	-47.04%
2022-09-30	$NZ$29.30 B	14.04%
2021-09-30	$NZ$25.69 B	-6.15%
2020-09-30	$NZ$27.37 B	20.16%
2019-09-30	$NZ$22.78 B	21.27%
2018-09-30	$NZ$18.78 B	1.67%
2017-09-30	$NZ$18.47 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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Siemens Energy (ENR.F) - Net assets