Newag (NWG.WA) - Net Assets

Net assets on the balance sheet as of March 2024 : A$0.30 B

According to Newag's latest financial reports the company has A$0.30 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Newag - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.29 B	25.54%
2022-12-31	$A$0.23 B	1.02%
2021-12-31	$A$0.23 B	-2.04%
2020-12-31	$A$0.24 B	16.74%
2019-12-31	$A$0.20 B	10.53%
2018-12-31	$A$0.18 B	26.09%
2017-12-31	$A$0.14 B	10.24%
2016-12-31	$A$0.13 B	-8.49%
2015-12-31	$A$0.14 B	7.01%
2014-12-31	$A$0.13 B	9.61%
2013-12-31	$A$0.12 B	29.35%
2012-12-31	$A$96.96 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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Newag (NWG.WA) - Net assets