Worthington Steel (WS)

Net assets on the balance sheet as of August 2024 : NZ$1.99 Billion

According to Worthington Steel's latest financial reports the company has NZ$1.99 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Worthington Steel - Net assets on balance sheet (from 2023 to 2024)

Net assets by year

Year	Net assets	Change
2023-05-31	$NZ$1.90 B	-1.12%
2022-05-31	$NZ$1.93 B	71.64%
2021-05-31	$NZ$1.12 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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Worthington Steel (WS) - Net assets