Absa Bank (ABSP.JO) - Net Assets

Net assets on the balance sheet as of December 2018 : A$8.74 Billion

According to Absa Bank's latest financial reports the company has A$8.74 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Absa Bank - Net assets on balance sheet (from 2009 to 2018)

Net assets by year

Year	Net assets	Change
2018-12-31	$A$8.24 B	-7.11%
2017-12-31	$A$8.87 B	26.75%
2016-12-31	$A$6.99 B	30.93%
2015-12-31	$A$5.34 B	-14.19%
2014-12-31	$A$6.22 B	1.08%
2013-12-31	$A$6.16 B	-10.93%
2012-12-31	$A$6.91 B	-0.08%
2011-12-31	$A$6.92 B	-11.49%
2010-12-31	$A$7.82 B	9.68%
2009-12-31	$A$7.13 B	4.57%
2008-12-31	$A$6.82 B	14.14%
2007-12-31	$A$5.97 B	14.8%
2006-12-31	$A$5.20 B	14.19%
2005-12-31	$A$4.55 B	20.76%
2004-12-31	$A$3.77 B	31.38%
2003-12-31	$A$2.87 B	131.45%
2002-12-31	$A$1.24 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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Absa Bank (ABSP.JO) - Net assets