Knorr-Bremse (KBX.DE)

Net assets on the balance sheet as of September 2024 : S$4.51 Billion

According to Knorr-Bremse's latest financial reports the company has S$4.51 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$S$3.87 B	4.22%
2021-12-31	$S$3.71 B	18.76%
2020-12-31	$S$3.12 B	8.88%
2019-12-31	$S$2.87 B	14.34%
2018-12-31	$S$2.51 B	-21.58%
2017-12-31	$S$3.20 B	7.01%
2016-12-31	$S$2.99 B	5.28%
2015-12-31	$S$2.84 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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Knorr-Bremse (KBX.DE) - Net assets