Shoprite (SHP.JO) - Net Assets

Net assets on the balance sheet as of December 2023 : $1.46 B

According to Shoprite's latest financial reports the company has $1.46 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Shoprite - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$$1.40 B	-11.36%
2022-06-30	$$1.58 B	6.94%
2021-06-30	$$1.47 B	27.32%
2020-06-30	$$1.16 B	-26.43%
2019-06-30	$$1.57 B	-10.51%
2018-06-30	$$1.76 B	-17.46%
2017-06-30	$$2.13 B	49.31%
2016-06-30	$$1.43 B	-7.2%
2015-06-30	$$1.54 B	-5.52%
2014-06-30	$$1.63 B	5.82%
2013-06-30	$$1.54 B	-1.87%
2012-06-30	$$1.57 B	49.14%
2011-06-30	$$1.05 B	35.32%
2010-06-30	$$0.77 B	19.51%
2009-06-30	$$0.65 B	5.89%
2008-06-30	$$0.61 B	15.94%
2007-06-30	$$0.53 B	22.49%
2006-06-30	$$0.43 B	27.24%
2005-06-30	$$0.34 B	16.46%
2004-06-30	$$0.29 B	5.14%
2003-06-30	$$0.27 B	233.4%
2002-06-30	$$83.42 M

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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Shoprite (SHP.JO) - Net assets