Stelco (STLC.TO) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$1.68 Billion

According to Stelco's latest financial reports the company has NZ$1.68 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Stelco - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.54 B	-5.26%
2022-12-31	$NZ$1.63 B	-1.28%
2021-12-31	$NZ$1.65 B	440.85%
2020-12-31	$NZ$0.30 B	-40.3%
2019-12-31	$NZ$0.51 B	-17.7%
2018-12-31	$NZ$0.62 B	11.68%
2017-12-31	$NZ$0.55 B	-115.76%
2016-12-31	$-NZ$3.54 Billion	7.76%
2015-12-31	$-NZ$3.28 Billion	7.37%
2014-12-31	$-NZ$3.06 Billion	15.57%
2013-12-31	$-NZ$2.65 Billion

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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Stelco (STLC.TO) - Net assets