VersaBank (VBNK) - Net Assets

Net assets on the balance sheet as of July 2024 : A$0.45 B

According to VersaBank's latest financial reports the company has A$0.45 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

VersaBank - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2023-10-31	$A$0.42 B	6.73%
2022-10-31	$A$0.40 B	12.86%
2021-10-31	$A$0.35 B	30.09%
2020-10-31	$A$0.27 B	3.4%
2019-10-31	$A$0.26 B	10.32%
2018-10-31	$A$0.24 B	13.73%
2017-10-31	$A$0.21 B	15.8%
2016-10-31	$A$0.18 B	-2.53%
2015-10-31	$A$0.18 B	21.17%
2014-10-31	$A$0.15 B	15.23%
2013-10-31	$A$0.13 B	49.15%
2012-10-31	$A$89.83 M	-0.74%
2011-10-31	$A$90.5 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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VersaBank (VBNK) - Net assets