Hanover Bancorp (HNVR)

Net assets on the balance sheet as of September 2024 : C$0.27 Billion

According to Hanover Bancorp's latest financial reports the company has C$0.27 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hanover Bancorp - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$C$0.25 B	7.06%
2022-09-30	$C$0.23 B	51.02%
2021-09-30	$C$0.15 B	49.61%
2020-09-30	$C$0.10 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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Hanover Bancorp (HNVR) - Net assets