Ninety One Group (N91.L)

Net assets on the balance sheet as of March 2024 : A$0.74 Billion

According to Ninety One Group's latest financial reports the company has A$0.74 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ninety One Group - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$0.64 B	7.87%
2022-03-31	$A$0.59 B	30.71%
2021-03-31	$A$0.45 B	51.02%
2020-03-31	$A$0.30 B	-15.88%
2019-03-31	$A$0.36 B	-6.69%
2018-03-31	$A$0.38 B	20.46%
2017-03-31	$A$0.32 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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Ninety One Group (N91.L) - Net assets