Witbe S.A. (ALWIT.PA)

Net assets on the balance sheet as of December 2023 : NZ$12.44 Million

According to Witbe S.A.'s latest financial reports the company has NZ$12.44 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Witbe S.A. - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$12.25 M	22.28%
2021-12-31	$NZ$10.02 M	67.32%
2020-12-31	$NZ$5.99 M	-36.8%
2019-12-31	$NZ$9.47 M	6.83%
2018-12-31	$NZ$8.87 M	-14.07%
2017-12-31	$NZ$10.32 M	-30.32%
2016-12-31	$NZ$14.81 M	329.36%
2015-12-31	$NZ$3.45 M	262.65%
2014-12-31	$NZ$0.95 M	-144.58%
2013-12-31	$-NZ$2.14 Million

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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Witbe S.A. (ALWIT.PA) - Net assets