TECOM Group (TECOM.AE)

Net assets on the balance sheet as of September 2024 : NZ$2.96 Billion

According to TECOM Group's latest financial reports the company has NZ$2.96 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TECOM Group - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$2.72 B	6.46%
2022-12-31	$NZ$2.56 B	14.39%
2021-12-31	$NZ$2.23 B	-3.87%
2020-12-31	$NZ$2.32 B	-6.1%
2019-12-31	$NZ$2.47 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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TECOM Group (TECOM.AE) - Net assets