THG (The Hut Group) (THG.L)

Net assets on the balance sheet as of December 2023 : NZ$2.26 Billion

According to THG (The Hut Group)'s latest financial reports the company has NZ$2.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

THG (The Hut Group) - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$2.05 B	-17.02%
2022-12-31	$NZ$2.48 B	-28.51%
2021-12-31	$NZ$3.46 B	60.48%
2020-12-31	$NZ$2.16 B	137.44%
2019-12-31	$NZ$0.91 B	26.79%
2018-12-31	$NZ$0.71 B	41.98%
2017-12-31	$NZ$0.50 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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THG (The Hut Group) (THG.L) - Net assets