Nexen Tire Corporation (002350.KS)

Net assets on the balance sheet as of September 2024 : A$2.21 Billion

According to Nexen Tire Corporation's latest financial reports the company has A$2.21 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nexen Tire Corporation - Net assets on balance sheet (from 2007 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.93 B	3.99%
2022-12-31	$A$1.86 B	0.3%
2021-12-31	$A$1.85 B	0.16%
2020-12-31	$A$1.85 B	-3.77%
2019-12-31	$A$1.92 B	5.96%
2018-12-31	$A$1.81 B	12.89%
2017-12-31	$A$1.60 B	16.22%
2016-12-31	$A$1.38 B	14.63%
2015-12-31	$A$1.20 B	15.97%
2014-12-31	$A$1.04 B	22.86%
2013-12-31	$A$0.84 B	34.34%
2012-12-31	$A$0.63 B	32.72%
2011-12-31	$A$0.47 B	17.73%
2010-12-31	$A$0.40 B	7.9%
2009-12-31	$A$0.37 B	17.95%
2008-12-31	$A$0.31 B	-7.81%
2007-12-31	$A$0.34 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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Nexen Tire Corporation (002350.KS) - Net assets